Biden misses chance to 'correct' position on crypto — Senator Lummis
United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.”
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Satoshi milkshake experiment shows kids can HODL Bitcoin too
A Bitcoin (BTC) experiment on the Isle of Man involving the Lightning Network, 25 schoolchildren, and a promise of a milkshake has yielded interesting results. At Willaston School on the Isle of Man (a British Crown Dependency nestled between the United Kingdom and Ireland), 25 year-6 students, one teacher and one teaching assistant participated in the…
Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup
Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20.The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in…
Upbit to pause NEAR deposits for network upgrade
Upbit ensures uninterrupted NEAR trading while suspending deposit and withdrawal services amid a crucial network upgrade.
Bitcoin miner Argo repays $35M Galaxy bailout loan
The loan saved Argo from bankruptcy during the crypto winter of 2022.
Bitgrail’s founder contributed to $150M loss, Italian authorities allege
Bitgrail’s founder Francesco Firano is accused of fraud related to the massive hack back in 2018. 674 Total views 6 Total shares Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the platform’s $150 million hack in 2018.Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over…
Tether CTO to Tell the Story of USDT Stablecoin At Upcoming Conference
Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. Bitfinex and Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in a keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement from…
Biotech Company-Turned-Mining Firm Riot Blockchain Reports 2018 Net Loss of $58 Million
Biotechnology company turned mining firm Riot Blockchain reported a 2018 net loss of about $58 million in its financial report released on April 2.Per the report, the company’s net loss was primarily attributable to the noncash aggregate impairments, depreciation, amortization and stock-based compensation expenses amounting to about $45.2 million. The company also reportedly generated about…
Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC
The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue.The Crypto Rating Council, or CRC, is a group of major United States’ crypto firms that advocates and promotes regulatory clarity…