The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet to settle, but a steady flow of details is allowing investors to piece together a picture that highlights the systemic …
Continue reading “Analysts identify 3 critical flaws that brought DeFi down”
OneCoin founder Ruja Ignatova, also known as “Cryptoqueen,” was added to the list of the FBI’s Ten Most Wanted Fugitives for her role in allegedly defrauding investors of more than $4 billion. This action was taken by the FBI in New York, along with the United States Attorney’s Office in the Southern District of New York and …
Cryptocurrency lending platform BlockFi has denied claims from CNBC that crypto exchange FTX was in talks to buy the firm for $25 million. Zac Prince, the CEO of BlockFi took to Twitter to dispel the rumors. The founder said in his tweet: “Lots of market rumors out there – I can 100% confirm that we aren’t being sold for $25M. …
Continue reading “BlockFi CEO denies CNBC’s claims that the company is being sold for $25 million”
Research conducted by security experts Trail of Bits concluded that the notion of blockchain decentralization is a fallacy. In particular, the report claimed controlling the four biggest mining pools could disrupt the Bitcoin chain, with Ethereum faring worse at three entities. “The number of entities sufficient to disrupt a blockchain is relatively low: four for …
Continue reading “Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin”
FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. Two sources reportedly told The Block that “FTX found the company difficult to deal with” and ultimately passed on a deal due to “the state …
Celsius finally broke its silence with a June 30 blog post stating that it is “working as quickly as we can to stabilize liquidity and operations.” Behind the scenes, it claims that actions are being made to “take important steps to preserve and protect assets and explore options available to us.” In new information, Celsius …
Cryptocurrency exchange Coinbase’s analytics program, Coinbase Tracer, is reportedly providing users’ data to the United States Immigration and Customs Enforcement agency (ICE). According to a contract obtained by the WatchDog group Tech Inquiry, the information will include “historical geo-tracking data” and transaction history. The document, released via a Freedom of Information Act request, shows that ICE is now …
Continue reading “Coinbase reportedly has contract with ICE to provide users’ geo-location data”
One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday. In addition to adding the Cryptoqueen to the most wanted list, the FBI is offering a reward of up to $100K for tips that lead to …
This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weeded’ out all of the people” that were not supposed to be in the space in the first …
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News …
press release PRESS RELEASE. StreamCoin announced that more than 5,000 users have registered for its STRMNFT marketplace. The Web 3.0 live streaming company says it accomplished this feat in less than a month after opening user registration on May 31, 2022. StreamCoin users have been supporting its vision since January 2022, though the company also …
Continue reading “Project Kick-Off: STRMNFT Marketplace Hits 5,000 Registered Users”
