According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accounts suspected of partaking in “malicious market manipulation,” of the Celestial (CELT) token. As told by OKX, on Feb. 26, Celestial developers announced the creation of […]
Two 37-year-old Estonian citizens named Sergei Potapenko and Ivan Turogin have been arrested after potentially defrauding hundreds of thousands of people in an alleged crypto scheme. The money lost at the time of writing is believed to exceed $575 million. Two Estonian Men Arrested for Crypto Fraud The scheme involved […]
According to a a Reuters report published on Feb. 28, American payment processors Visa and Mastercard has delayed the launch of new partnerships with crypto firms due to a series of high-profile bankruptcies in the industry that have led to increased regulatory scrutiny. The move follows a period of warming […]
The crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, market participants spent $25.57 million on lobbying in the United States. This number appears in a study published by the Money Mongers on Feb. 23. The count is based on data from […]
The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium CEO Kieran Warwick and Three Arrows Capital (3AC) founder Su Zhu. Warwick was scheduled to go against Zhu in an “Influencer Illuvitars […]
The United States Securities and Exchange Commission (SEC) has issued a subpoena to the American trading platform Robinhood over its crypto listings. The recent development was brought to public light by Robinhood through its latest 10-K filing with the SEC. Subpoena and Delisting Concerns The SEC’s subpoena requests information about […]
Ethereum price is consolidating above the $1,580 level against the US Dollar. ETH/USD could rise further if it clears the $1,660 resistance zone. Ethereum Price Analysis In the past few days, ethereum saw a downside correction from the $1,740 zone against the US Dollar. ETH price declined below the $1,700 […]
Solana’s network has been restarted after a lengthy slowdown during the weekend. Native SOL has been down 14% in the past week. Developers and validators of the Solana blockchain have decided to restart the network following a prolonged slowdown over the weekend that pushed the value of its native SOL […]
In an era where so many other crypto firms appear to be losing employees left and right, the Bitcoin Association – which is responsible for the release of the recent bitcoin SV currency – is bringing some fresh faces onboard. The Bitcoin Association Is Bringing New People Aboard Among the […]
Nasim Nicholas Taleb – the author of the popular novel The Black Swan and advisor to the hedge fund Universa Investments – believes bitcoin, stocks, and many other assets are going to have it hard over the next few years. Taleb Predicts More Gloom and Doom for Crypto 2022 was […]
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