Decentralized Ethereum 2.0 staking protocol SharedStake has a developer on the loose that used the admin key and exploited the protocol’s governance token SGT. As the price of SGT plummets 95%, other team members are urging users to withdraw all funds and wait for further updates. Rug pull While warning users to exit SharedStake’s liquidity …
Continue reading “Developer ‘rug pulls’ Ethereum DeFi project SharedStake, SGT token falls 95%”
Bitcoin maximalist Max Keiser has announced the F*ck Elon Tour scheduled to take place on July 8 -9 in Austin, Texas. Earlier this month, Keiser hit the headlines during the Bitcoin Conference in Miami for several reasons. But chief among them was his antics on stage with MicroStrategy CEO Michael Saylor, in which he repeated …
Continue reading “Bitcoin proponent Max Keiser announces the F*ck Elon Tour”
South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders in Greater Seoul Area More than 53 billion Korean won ($47 million) in crypto …
Continue reading “Korean Government Confiscates $47 Million in Crypto From Tax Evaders”
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.” BIS Criticizes Cryptocurrencies, Bitcoin The Bank of International Settlements published its annual economic report Wednesday, discussing cryptocurrencies, …
Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador “the manufacturing hub of bitcoin ATMs for all of the Americas.” Bitcoin ATMs Coming to El Salvador U.S.-headquartered Chainbytes LLC, a …
Continue reading “Chainbytes Bringing Bitcoin ATMs to El Salvador, Launching Manufacturing Hub”
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary fad.” 49% of Investors Told JPMorgan Cryptocurrency Is a Fad or ‘Rat Poison …
Director of Developer Relations at Ripple, Matt Hamilton, set the record straight on XRP and the XRP Ledger. Before the SEC vs. Ripple lawsuit, the narrative surrounding XRP centered around it not being a “real” cryptocurrency. This is due to several characteristics; chief among them were criticisms over the network’s “closed” centralized nodes. This resulted …
Continue reading “Ripple (XRP) director tries to dispel the ‘centralized banker coin’ myth”
The arguably young Bitcoin market attracts people from many disciplines. There are artists, engineers, marketers, developers, educators, writers, editors, testers, meme makers, and hype men who give the wicked beautiful world of cryptocurrencies their peculiarity. Somewhere in the nicheness is a rising bunch of lawyers helping the new market to navigate and operate in the …
Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto project,” he said. Novogratz Still Bullish …
press release PRESS RELEASE. New York, New York – June 23, 2021 – Sweet, the leading enterprise NFT solutions provider, announced the launch of an exciting new one-of-one auction with restaurant and gaming destination Dave & Buster’s. Beginning at 5PM EST today through June 30 at 5PM EST, everyday consumers and crypto enthusiasts alike will …
Continue reading “Sweet and Dave & Buster’s Launch Uber-Rare NFT Auction to Benefit Make-A-Wish”
The Catalan justice department has reportedly confirmed that the antivirus tycoon John McAfee was found dead in prison in Barcelona. John McAfee, 75, was found dead in his prison cell in Barcelona, the Catalan justice department reportedly said, noting that everything points to death by suicide. Just hours before the death report, the Spanish high …
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins. Australian Auction House Lloyds Auctions Accepts Crypto From Bidders Against …
Continue reading “Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency”
Following the naming rights deal for the NBA’s Miami Heat arena and the partnership with the esports giant TSM, FTX Trading Limited revealed a long term partnership with the professional baseball organization Major League Baseball (MLB). FTX Partners With Major League Baseball FTX Trading Limited and its parent company West Realm Shires Services Inc., has …
Continue reading “FTX Becomes MLB’s Official Cryptocurrency Exchange Brand in Long Term Deal”
sponsored The goal of cryptocurrencies is to give financial freedom back to the individual. In order to fully realize this vision, the world of crypto must remove its major barriers to entry. One of the biggest challenges for those new to the space is sending and receiving payments. This intimidating process involves typing a long …
Continue reading “How Unstoppable Domains is Accelerating the World’s Transition to Cryptocurrency”
A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain. Issuing stablecoins on Ethereum According to the report, Ethereum is the first blockchain platform to host computer programs commonly known as ‘smart contracts’ which allow users to create new crypto …
Continue reading “Bank of Israel uses Ethereum blockchain for upcoming ‘digital shekels’”
