New York’s attorney general, Letitia James, has filed a lawsuit against cryptocurrency firms Gemini, Genesis, and Digital Currency Group (DCG) for allegedly defrauding investors through the Gemini Earn investment program. The lawsuit claims that the companies deceived over 23,000 investors, including 29,000 New York citizens, out of more than $1 billion. According to the investigation […]
In a significant development for the Shiba Inu community, Shib CoOp has announced the premiere SHIB token burn on Shibarium, a Metaverse real estate project. This marks a significant step forward for the Layer-2 (L2) blockchain network built on top of Ethereum. Shibarium, which launched over two months ago, is designed to host various decentralized […]
Tesla has confirmed its commitment to its Bitcoin holdings in its Q3 2023 financial report, despite facing financial challenges. The company maintained its position, holding approximately 9,720 BTC worth over $275 million. This marks the fifth consecutive quarter that Tesla has refrained from selling its cryptocurrency assets. Tesla’s initial investment in Bitcoin in 2021 sparked […]
Popular crypto-related YouTube channels can provide valuable insights into retail investor sentiment and upcoming market trends, according to Delphi, a research firm. By tracking changes in viewership and subscriber numbers of these channels, investors can potentially gauge market sentiment and anticipate future trends. This approach suggests that YouTube channels can be used as a tool […]
Bitcoin core developers have been engaged in a heated debate over improvement proposals (BIPs) to address issues with the protocol. At a recent panel in Bitcoin Amsterdam, developers Paul Sztorc and Peter Todd clashed over Sztorc’s work on Drivechains. Sztorc’s LayerTwo Labs has been working on BIP-300 for six years, advocating for the creation of […]
During a panel discussion at the Swan Pacific Bitcoin festival, industry experts debated the significance of the Bitcoin halving event on the cryptocurrency’s price. Marathon Digital CEO Fred Thiel and Swan CIO Ralph Zagury argued that liquidity, rather than the halving, is the main driver of Bitcoin’s price. They believe that the halving has little […]
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry this year. The FBI has identified the Lazarus Group, a North Korean state actor, as the responsible party for the theft. […]
Bitcoin ASIC manufacturing giant Bitmain has reportedly fired four employees for leaking salary information. The company cited the “illegal publication of the company’s announcement on salary release” as the reason for their dismissal. This comes after concerns were raised by Bitmain employees about salary arrears and unpaid bonuses due to cash flow issues. The company […]
The courtroom drama surrounding FTX founder and former CSam Bankman-Fried (SBF) has all the makings of a captivating Netflix series. With a cast of shady characters and a plot that thickens with each passing day, it’s a story that keeps audiences on the edge of their seats.However, when it comes to proving his innocence, SBF’s […]
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry this year. The FBI has identified the Lazarus Group, a North Korean state actor, as the responsible party for the theft. […]
