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The United States Federal Trade Commission has issued a $4.7-billion fine against bankrupt crypto lender Celsius Network. However, the judgement will be suspended to “permit Celsius to return its remaining assets to consumers in bankruptcy proceedings.” According to the July 13 announcement, Celsius and its affiliate companies will be permanently […]
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While Switzerland has been popular among the wealthy for its prowess in banking, the country has also been slowly welcoming those who mainly want to use Bitcoin (BTC) as an alternative form of money. Cointelegraph reporter Joseph Hall spoke with Pietro Poretti, the director of the economic development division of […]
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The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrested on the morning of July 13. The news broke out minutes after the United States Securities and Exchange Commission filed a lawsuit against the crypto lender on the same day. The former CEO was reportedly arrested after a probe […]
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The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger. Wallet, a Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has launched a crypto payment solution based on The Open Network (TON) blockchain. The new Wallet Pay service […]
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Virtual currency scams are down by a staggering 65% since the start of 2023. Two of the largest scams end operations while romance and investment scams run out of steam. On the flip side, experts warn investors to brace for increased ransomware attacks targeted at digital asset wallets. As crypto […]
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BitBuy, a regulated crypto marketplace in Canada, has quietly reintroduced XRP, according to a report by Albert Brown for The Crypto Basic. BitBuy is now the second crypto trading platform in Canada to re-enable support for XRP after its initial delisting, following the lawsuit brought against Ripple by the US […]
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Cryptocurrency analysts of Coinidol.com report, Cardano's (ADA) price trend has remained steady since June 10. Cardano price long-term forecasts: bearish Although the downtrend has eased, the cryptocurrency has not yet fully recovered. The price of the cryptocurrency oscillates between $0.25 and $0.30. The bulls have tested the resistance level several […]
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Within the last 24 hours, Bitcoin and the entire crypto market are experiencing a slight downturn, leaving investors wondering about the reasons behind this dip. Bitcoin briefly rose to $31,009 before falling to 30,254 within a few hours. Ether (ETH) rose to over $1,900, only to drop back to $1,868. […]
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Mike Novogratz, founder of Galaxy Digital Holdings Ltd., recently gave his views about Bitcoin’s future and the anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US, providing a glimpse into what might be in store for the world of crypto. Novogratz’s insights, shared during an interview on Bloomberg TV, […]
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John E. Deaton, the well-known crypto lawyer who represents over 76,000 XRP holders in the lawsuit of the SEC against Ripple, went to Twitter recently to clarify his views on why XRP is not a security, drawing on lessons from other recent lawsuits. He opened his argument by stating: “XRP […]
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