Bitcoin Bounces Off Historic “Mayer Multiple” Bottom Zone
Data shows the price of Bitcoin has broken above the 0.55 Mayer Multiple level, below which the crypto has historically...
Month: July 2022
Binance Files Lawsuit Against Bloomberg’s Hong Kong Partner For Slander
Chief Executive Officer of Binance Changpeng Zhao has filed a lawsuit against Bloomberg’s Hong Kong partner Modern Media CL for...
Large Uniswap Holders Awaken, Accumulate Nearly $75,000,000 in UNI in About Two Weeks: Analytics Firm Santiment
Large Uniswap (UNI) holders are heavily accumulating the crypto asset, according to the analytics firm Santiment. Santiment notes that addresses...
FTX CEO Sam Bankman-Fried Says He Wants To Give Voyager Customers 100% of the Lender’s Remaining Assets
FTX CEO Sam Bankman-Fried is responding to claims that his company’s proposal to bail out customers of embattled crypto brokerage...
Top Crypto Analyst Warns Markets Due for Minor Pullback, Dives Deeper Into Bitcoin and Ethereum
A widely followed analyst says that the crypto market is set to see a minor pullback following a rally last...
Massive Ethereum Supply Shock Incoming As ETH Prepares To Outpace Bitcoin: Raoul Pal
Macro economic expert Raoul Pal says Ethereum (ETH) is set for a series of supply shocks that could help the...
FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital
The now renowned Dark Knight of Terra, FatManTerra, has announced a class action lawsuit through US solicitors, Scott+Scott in an...
Stablecoin supply saw the largest quarterly contraction in history in Q2
Total stablecoin supply contracted to $151.3 billion in the second quarter of 2022, a drop of 18.8% or $35.1 billion...
Crypto crash did not adversely affect broader financial system, IMF says
The International Monetary Fund (IMF) said the recent crypto market crash posed no threat to the wider financial stability of...
Cryptojacking in finance soared 269% in H1 2022
Cryptojacking in the finance sector went up by 269% in the first half of this year, cybersecurity firm SonicWall reported....
Tether’s $840M Celsius loan liquidation poses legal troubles
Tether’s (USDT) liquidation of the $840 million loan it gave to Celsius could be under scrutiny under bankruptcy law to...
US Senators propose bill to exempt crypto transactions under $50 from taxation
A bipartisan bill from Senators Patrick Toomey (R-Pa.) and Kyrsten Sinema (D-Ariz.) proposes tax exemptions on crypto transactions up to...
Philippines think tank Infrawatch wants Binance banned
Philippines-based think tank Infrawatch PH has petitioned authorities to investigate Binance’s operation in the Asian country. In a July 25...
Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S....
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he...
