‘Atozy you’ve won’ — Bitboy drops lawsuit after $200K defense raised

Ben Armstrong, the man behind Bitboy Crypto said that he is dropping the defamation suit against fellow Youtube content creator Erling Mengshoel Jr., who goes by the name Atozy. Armstrong officially filed the suit against Mengshoel Jr. on Aug. 12 in response to a Nov 2021 video titled “This YouTuber scams his fans… Bitboy Crypto” …

Vitalik: People still ‘underrate’ the superiority of crypto payments

Ethereum co-founder Vitalik Buterin suggests the superiority of cryptocurrency for payments is often “underrated” compared to fiat, pointing to the convenience of international payments and payments to charities as key examples.  Buterin made the comments in a Twitter thread on Aug. 24, explaining that it’s not just resistance to censorship, but also convenience that makes …

IBATUSD: Price to Grow More-Long!

Battle Infinity Price Prediction for Today, 25th of August: IBAT/USD, having finished the downward correction the coin might likely resume the upside move if the current support at $0.004355 holds, and the price on the 1-hourly chart, closes above $0.006793 supply level, then there is a high probability of the price going up to its …

Could Gitcoin Grants address be under sanctions from the U.S. amid Tornado Cash saga?

Martin Köppelmann, Co-founder of Gnosis, created a smart contract that will detect whether censorship at the protocol level of Ethereum is currently taking place. The script works by a user calling the “deploy” function using an address that may be liable to censorship due to its relationship with sanctioned protocols such as Tornado Cash. The …

Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year

Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors. Irkutsk Crypto Miners Pay 100 Million Rubles in Fines in 2022 Cryptocurrency mining has become a …

9,404 Crypto Mining Devices Seized by Iranian Authorities Since March

Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly 10K Crypto Mining Devices Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday …

Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip

DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto Customers Bought the Dip DBS, …

Crypto Winter a building opportunity- Bitstamp CEO

The bearish sentiments looming over an already corrected market have scared a huge chunk of investors. Since Bitcoin touched its all-time high of more than $67,000 back in 2021, the cryptocurrency market has seen a huge downtrend and continues to stay at those price levels. This crash has not only affected retail investors all over …

5 Reasons to Buy DeFi Coin (DEFC) in the Crypto Pull Back

Cryptocurrencies have faced a major pullback this year. With the highest market cap being reduced to less than a third this year, standing at just over one trillion dollars. This hasn’t stopped investors from browsing the market for the best cryptocurrencies. And one such token that has managed to grab speculators’ attention is DeFi Coin. …

Why Decentraland and Sandbox Owners Will Buy Lucky Block on Gate.io?

Lucky Block has made some serious news since its launch in January 2022. The team’s vision behind making NFTs fun by including some amazing prizes in the entire process has certainly given some serious results. Taking the trend further, the L Block team is now taking the next step for its participants. Lucky Block is …

Hardware Wallets make a comeback- records high sales

The ongoing crypto winter has ensured that the once flourishing crypto companies have now been facing several issues, financially and in terms of community trust. Since Bitcoin faced a massive correction and lost almost 70% of its value since 2021, there has been a steady decline in the price as well as interest in many …

Why Ethereum Is An Attractive Investment Right Now

Ethereum has been stealing more market share from bitcoin over the last couple of weeks. This is a result of the Merge announcement that took the space by storm about a month ago. Since then, interest in Ethereum has skyrocketed. But with the decline in price, investors are becoming warier about investing in the market. …

Bitcoin At Bullish Point After Panic Selling, Will BTC Repeat History?

The price of Bitcoin has been trading about key resistance during today’s trading session and could be positioning for a break higher if bulls managed to close the daily candle above $21,500. The cryptocurrency still records heavy losses on higher timeframes but could be on the verge of a decisive move. At the time of …

Chiliz Price Skyrockets, Will This Bullish Run Continue?

Chiliz has burst through to the limelight by helping entertainment and sports firms with blockchain-backed tools to allow them to monetize their viewership. The subscription is the access link through which fans obtain voting rights and early tickets. Also, the direct access fans have to their desired soccer teams is a function of Chiliz blockchain …

Cosmos ATOM Breaks Above Key Resistance – Eyes $16

Cosmos (ATOM) ranged in a wedge against Tether (USDT) as it builds more strength to break above the $12 key resistance. The price of Cosmos ATOM has shown bullish strength as the price breaks above resistance after ranging for days. (Data from Binance) Cosmos ATOM Price Analysis On The Weekly Chart Weekly ATOM Price Chart …

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