Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. Fluffypony Pleads Not Guilty The so-called crypto mogul and former Monero lead developer, Riccardo Spagni, has been charged with 378 …
Monthly archives: June 2022
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. NY Attorney General Warns About Cryptocurrency New York Attorney General Letitia James issued a warning about investing in cryptocurrencies Thursday. The official …
Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate
Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate. Tim Draper’s Bitcoin Price Prediction Venture capitalist Tim Draper has doubled down on his $250K …
Binance labs collect $500m for its Web3 startup
The funding support of crypto behemoth Binance, Binance Labs, has announced a fund of $500 million in collaboration with some of the global investors like Breyer Capital and DST Global Partners. The idea behind this fund announcement is to promote innovations in the Web3, crypto and blockchain domains. Binance Labs plans to give the latest …
Continue reading “Binance labs collect $500m for its Web3 startup”
Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) bond citing price volatility and uncertain market conditions resulting from the ongoing Russo-Ukrainian war. The news comes at the same time that Amnesty International accused the Salvadoran authorities of “flagrant violations of human rights and …
Continue reading “Bitcoin bond still on hold, El Salvador accused of human rights violations”
Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’
The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000 words including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a deadlock which makes it difficult for the protocol to effectively process “complicated …
Continue reading “Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’”
Update on Hiring Plans
By L.J Brock, Chief People Officer I shared an update with our employees today that I want to also share publicly here. TL;DR: In response to the current market conditions and ongoing business prioritization efforts, we will extend our hiring pause for both new and backfill roles for the foreseeable future and rescind a number …
Setting the record straight: Your funds are safe at Coinbase — and always will be
By Paul Grewal, Chief Legal Officer A couple of weeks ago, a newly required SEC disclosure we made in our 10Q created some noise about how Coinbase holds crypto assets and what could happen in the highly unlikely event of the company’s insolvency. This led to some genuine concern among people who hold crypto assets …
Continue reading “Setting the record straight: Your funds are safe at Coinbase — and always will be”
Coinbase Commits $1 Million for Public Goods in partnership with Gitcoin
Tl;dr: Coinbase commits $1 million for Public Goods through Gitcoin, including $200,000 for upcoming Grants Round 14. Today, Coinbase is pleased to announce its ongoing support of digital public goods — or open-source software supporting open-source protocols — in collaboration with Gitcoin. With this $1 million commitment, Coinbase has committed one of the largest single …
Continue reading “Coinbase Commits $1 Million for Public Goods in partnership with Gitcoin”
Brace For Impact: Bitcoin Miners Have Begun Dumping Their Holdings
For the longest time, bitcoin miners have held on to the spoils of their activities. That is when the profitability of mining the cryptocurrency was still high. Due to a high cash flow, these miners could afford to hold on to a good portion of their rewards while being able to still carry out their …
Continue reading “Brace For Impact: Bitcoin Miners Have Begun Dumping Their Holdings”
Daily Pump & Dump | June 2, 2022 Crypto Market Report: BTC, ETH, ICP
The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins. Today’s summary: Bitcoin retests $30,000 after a rejection. Why is Ethereum lagging behind the rest of crypto? ICP posts insane intraday rally. 5 BTC + 300 …
Continue reading “Daily Pump & Dump | June 2, 2022 Crypto Market Report: BTC, ETH, ICP”
Crypto Community At CoinMarketCap Predicts $1 Cardano By June 30
Cardano’s price has been growing in recent weeks while the rest of the cryptocurrency market has been falling. This trend has encouraged some in the crypto community to be optimistic about its future price and make it a bright light among digital coins and tokens. According to the most recent predictions made using CoinMarketCap’s Market …
Continue reading “Crypto Community At CoinMarketCap Predicts $1 Cardano By June 30”
Bitcoin Falls Below $30k As 10k BTC Flow Into Gemini
On-chain data shows crypto exchange Gemini observed around 10k BTC in inflows yesterday as Bitcoin’s price declined below $30k. Bitcoin Exchange Inflows Spike Up As BTC Price Falls Down As pointed out by an analyst in a CryptoQuant post, selling on exchanges like Gemini, Binance, and Huobi looks to have been behind the latest drop …
Continue reading “Bitcoin Falls Below $30k As 10k BTC Flow Into Gemini”
Institutional Investors Turn To Competitors As Ethereum Tumbles
As the crypto market has taken a turn for the worse, institutional investors are phasing out their investments in Ethereum. The digital asset had been the victim of multiple outflows that had tanked its total AuM (Assets under management) and this trend has continued this week. Instead of moving to a larger competitor, Bitcoin, institutional …
Continue reading “Institutional Investors Turn To Competitors As Ethereum Tumbles”
Driving Digital Experiences and Ethereum Adoption in Japan– a Q&A with EEA Japan Regional Representative Atsushi Ishii
EEA Regional Representative Atsushi Ishii, CEO, Couger The EEA recently welcomed Atsushi Ishii as the new EEA Regional Representative in Japan. Ishii will provide local support to ensure that regional members are well-positioned to leverage the EEA’s programs, interest groups, working groups and resources to achieve their desired business results. His experience with blockchain communities will be …