Fantom Foundation announced a legal victory against Multichain following a judgment by the High Court of Singapore. The ruling came after a default judgment was issued against Multichain on Jan. 30, with an assessment of damages hearing held on June 3. During the June 3 hearing, the court heard evidence from Eli Bernstein, general counsel …
Continue reading “Singapore court rules in favor of Fantom Foundation in lawsuit against Multichain”
Onchain Highlights DEFINITION: The “Shrimp” cohort is a widespread catch-all moniker for retail-level investors holding less than one BTC. Historically, this cohort has consistently added to their balance, and thus, looking at relative aggressiveness is usually the most informative. This cohort is also quite sensitive to volatility, with the rate of balance growth often reacting …
Continue reading “Retail Bitcoin holders intensify accumulation amid dip”
Dubai Customs has introduced a new blockchain platform to enhance transparency in commercial operations within and across its borders, Gulf News reported July 8. The initiative seeks to bolster collaboration between government entities and the logistics industry, aligning with the Emirate’s broader blockchain strategy for digital transactions and web3 adoption. Sultan Ahmed bin Sulayem, Chairman …
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their receivers efficiently. Venezuelan Migrants Sent Almost …
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Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC. Currently, the government’s bitcoin wallet is valued at approximately $1.5 billion in …
Continue reading “German Government Liquidates $741M in Bitcoin Holdings”
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance is in violation of local laws. Money Laundering Charges A deputy …
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The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party Integrates Cryptocurrency Into 2024 Platform As the 2024 U.S. general election nears, cryptocurrency and blockchain topics have become significant policy …
Notcoin is outperforming the crypto market today, up 14% to $0.01718, as play-to-earn (P2E) game coins find favor – and that is boosting eTukTuk ($TUK), […] Go to Source
Pepe Unchained ($PEPU) continues to leapfrog expectations, having raised over $2.75 million in presale funds. On Saturday, the new meme coin, which has its own […] Go to Source
The Crypto Fear and Greed Index plunged to its lowest point since January 2023 as market sentiment soured and Bitcoin struggled to keep the $55k […] Go to Source
Celebrities who have brazenly shilled their memecoins on X in recent months run a high risk of attracting the attention of the SEC and class-action lawsuits.
Bitcoin’s latest dramatic sell-off could present a rare opportunity for buyers to scoop up Bitcoin ETF shares at bargain prices.
Well-known crypto analyst TechDev says that Bitcoin (BTC) is probably in the midst of a bear trap to shake out weak hands before a large move up in price. The pseudonymous analyst shares with his 464,000 followers on the social media platform X a Bitcoin chart that suggests BTC is mirroring its 2017 pre-parabola price …
A crypto whale is moving hundreds of millions of dollars worth of Bitcoin (BTC) to Binance, the world’s largest crypto exchange platform by volume. New data from market intelligence firm Lookonchain shows the deep-pocketed investor started moving massive amounts of Bitcoin to Binance on June 27th – and just moved hundreds of more BTC to …
Continue reading “Massive Bitcoin Whale Deposits Over $468,000,000 Worth of BTC to Binance”
A crypto investment firm says it’s looking to double the impact of digital asset donations made to help finance the campaigns of pro-crypto candidates. Multicoin Capital co-founder Tushar Jain says on the social media platform X that the firm is backing the Sentinel Action Fund, a conservative super political action committee (PAC) advancing pro-crypto candidates. …
