Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during a January 2021 rally. According to a Thursday report from Reuters, United States District Court Judge Cecilia Altonaga of the Southern District of Florida ruled …
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Since the outbreak of war in Eastern Europe, Bitcoin and cryptocurrency have featured on both sides of the conflict. In the case of Ukraine, at the start of the war, government officials called on the crypto community to donate funds. At the same time, Russia opted for a more inclusive approach, including U-turning on its …
A study by Kraken took a deep dive into the Proof of Work (PoW) and Proof of Stake (PoS) mechanisms to discover neither was ‘better’ than the other, but each had unique characteristics that can bolster specific types of blockchain protocols. The report examines PoW and PoS consensus mechanisms’ resistance abilities to the Sybil attacks. …
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Digital Currency Group CEO Barry Silbert suggests that BlackRock’s bitcoin private trust makes it easier and safer for Central Banks around the globe to invest in Bitcoin. Following the Bitcoin Private Trust launch on Thursday, Barry, in his tweet, presented fun facts about BlackRock’s business relationship with central banks and hinted that central banks may soon …
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation. Uzbekistan Takes Steps to Prevent Crypto Trading and Custody on Foreign …
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Amid the Covid-19 pandemic in 2020, the world’s bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since the Great Reset idea started seeing a lot more promotion that year and well …
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Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After the Ethereum network’s Total Terminal Difficulty (TTD) hits 58750000000000000000000, the chain will fully transition …
press release PRESS RELEASE. The crypto enthusiast has got 10,032 BUSD into their wallet by buying virtual miners in the Play To Earn game Tothesmart for only 50 BUSD. Real lotteries on the blockchain are gaining popularity around the world. The project Tothesmart has implemented an exciting mechanism, «TimePool», by implementing in the economy Play …
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The Battle Infinity presale was extremely successful, and the IBAT token’s initial exchange listing has been announced for the 17th of August on the PancakeSwap DEX platform. Please be aware that there is currently a fraudulent token with the name Battle Infinity (IBAT) selling on PancakeSwap. This token is not associated with the legitimate project …
Continue reading “Battle Infinity Will Go Live on PancakeSwap on August 17 at 16:00 UTC”
Since the announcement earlier this week of a crackdown and prohibition by the United States government, the price of the Tornado Cash (TORN) token has dropped by over half of its value. The value of one Tornado Cash token (TORN) dropped from around $31 to $16 when the news on the 8th of August made …
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Coinbase is predicting that the downward trend recorded in the crypto market in the second quarter (Q2) is likely to continue into the third quarter (Q3). According to Coinbase, two metrics are sending warnings on the likely fortunes of the crypto exchange during the third quarter – trading volumes and the number of monthly transacting …
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Robinhood CEO Vladimir Tenev says the number of people who want to get early access to the retail trading platform’s Web3 wallet has already surpassed 1 million. The California-based firm opened a waitlist for beta testers in May after announcing that it is launching a multichain, non-custodial crypto wallet that will allow users to trade …
A widely followed crypto analyst says Bitcoin (BTC) is continuing onward and upward, revisiting an old resistance level. Pseudonymous crypto trader Rekt Capital tells their 326,400 Twitter followers that the king crypto has held the 200-week moving average (MA) for three weeks. “BTC is holding the 200-week MA as support for the third week in a row… BTC has …
The price of Coinbase (COIN) is dropping after the publicly-traded crypto exchange operator reports losses of over $1 billion in the second quarter of the year. In its latest letter to shareholders, Coinbase says that from April to June 2022, the firm suffered a net loss of $1.1 billion, which includes $446 million in total …
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Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market. The $30 million pool financed by institutional lenders will be utilized by trading firms that include Wintermute, Auros and Flow Traders, among others, Maven 11 announced this week. The new pool …
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