7 confusing crypto terms (almost) nobody understands
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them.
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Bitcoin rally slows as whales transfer wealth to retail investors
Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin's bulls could be slowing down. 2269 Total views 17 Total shares Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages.In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a…
SoFi Acquires Payment Processor Galileo in $1.2 Billion Deal
California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo.In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial Technologies. According to a CNBC report, the payment will consist of $75 million in cash, $875 million in…
SafeMoon CEO bail release goes on hold after Feds cite flight risk
Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections. 110 Total views 3 Total shares United States federal prosecutors have managed to put SafeMoon CEO Braden John Karony’s bail release order on hold, citing flight risk and his release being a possible “danger to
Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekUS financial regulator FinCEN hires its first-ever chief digital currency adviserThe United…
New analysis sheds light on DOJ Bitcoin seizure, as JBS pays massive $11M ransom
JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist.The payment, estimated to be more than 300 BTC at current prices, was made to shield JBS factories from further disruption. The firm is the world’s largest meat…
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1.The class action suit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022.
Polkadot’s founder looks back on the year, teases Substrate 3.0 in early 2021
Polkadot has recounted its gains in 2020, identifying its dominance of the crypto staking scene among other notable milestones for the year. 1728 Total views 14 Total shares With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In…
Euroclear invests in Fnality to advance digital ledger technology strategy
The firm claims to have settled nearly 1,000 trillion euros worth of securities transactions last year. 170 Total views 5 Total shares On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focused on the regulated…