Bitcoin hashrate taps all-time high
On Jan. 3, the network’s hashrate briefly tapped 1,000 EH/s as miners continued adding capacity.
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Bitcoin Price Remains Uninspired at $10,200, Altcoins Go Into Red
Friday, Sept. 20 — The price of Bitcoin (BTC) remains largely uninspired and is once again trading sideways around the $10,200 price mark.Market visualization. Source: Coin360Although BTC is back at trading sideways, Fundstrat Global Advisors co-founder Tom Lee expects this to change with the coming launch of Bakkt and is positive on its ability “to…
Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities.
Major Victim of Cryptopia Hack Prepares to Sue Liquidator Grant Thornton
On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question is accounting firm Grant Thornton, which GNY accuses of botching their handling of hacked and defunct crypto exchange Cryptopia.Such a notice is…
Judge in SBF’s criminal case proposes gag order, citing attempt to ‘influence public opinion’
The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial. 152 Total views 1 Total shares The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) may consider a proposed order preventing all involved parties…
Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment. 689 Total views 4 Total shares The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse
Bitcoin futures enter backwardation for the first time in a year
Bitcoin's (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls' current hope depends on turning $20,000 to support, but derivatives metrics tell a completely different story as professional traders are still extremely skeptical.BTC-USD 12-hour price at Kraken. Source: TradingViewIt’s important to…
Blame game rages over ASX’s failed CHESS system blockchain upgrade
Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cointelegraph, calling the claims misleading.For the last seven years, the ASX was poised to be the world’s…
Juventus Soccer Club Releases Blockchain Token for Fan Voting
Italian professional soccer club Juventus has released its own token to enable fans to participate in voting and polling.Following a year-long development, Juventus’ branded token is now available on Socios.com, a tokenized fan-voting platform for sports, according to a Dec. 2 announcement. The token’s initial price is 2 euros ($2.22) per token, while a limited amount…