Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.
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Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading
Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12.Apart from the three oil companies mentioned above, Vakt includes banks ABN…
DeFi, NFT, blockchain games: Key takeaways from DappRadar’s 2022 review
2022 will go down as a challenging year for the cryptocurrency and blockchain space, but the adversity faced has been strewn with plenty of positives for the decentralized application (DApp) ecosystem.DappRadar has released its yearly report on the industry, focusing on challenges faced alongside notable technological achievements and an increasing number of active daily users.…
UAE regulations may ban crypto payments, warns lawyer
UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a “less favorable environment” for crypto in the UAE.
Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warning
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders.
Total crypto market cap takes another hit, but traders remain neutral
The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support level to $790 billion.Total crypto…
Led by Bitcoin, blockchain industry starts 2023 off strong: Report
2023 is off to a great start, with Bitcoin (BTC) rocketing up 40% in January. The good news is not relegated to just Bitcoin, however, as this price increase has sent ripple effects across the cryptoverse. Mining revenue jumped $22.66 million in January, and crypto-related stocks doubled on average. Despite this good news, venture capital…
SushiSwap’s founder emphasizes that the $27M they hold is for devshare
SushiSwap, an upcoming DeFi protocol forked from Uniswap's decentralized exchange, has grabbed numerous headlines in recent days. One such story pointed out that the project's pseudonymous head, known only as Chef Nomi, maintains access to $27 million in Sushi tokens.Cointelegraph reached out to SushiSwap’s founder for further clarification in an attempt to ensure fair reporting,…
Crypto Exchanges Bitfinex and Ethfinex Jointly Launch Initial Exchange Offering Platform
Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering (IEO) platform dubbed Tokinex. The news was revealed in a press release shared with Cointelegraph on May 21.As reported, IEOs have recently emerged as an alternative model of token offering wherein a centralized crypto exchange acts as a form of…