Bitcoin losing its 200-week trendline puts $20K in play — BTC price analysis
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Binance CEO CZ: Fake Volume Reports Are Useful for Crypto Industry to Move Forward
The CEO of cryptocurrency exchange Binance, Changpeng Zhao, said in an interview with Cointelegraph on March 27 that recent reports on fake trading volumes are useful for the crypto industry.CT speaks with Binance and The Tie about fake trade volume reports. Source: CointelegraphZhao, known in the industry as CZ, said that the reports — most…
Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects.Arab News reported on Aug. 21 that the ministry has identified a Singapore-based company promoting two fraudulent cryptocurrencies, dubbed “CryptoRiyal” and “SmartRiyal." Fraud alert: hype and pumpCryptoRiyal and SmartRiyal’s promoters are reportedly…
Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. 239 Total views 3 Total shares Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets…
Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH
The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559.London is the latest in a series of upgrades that are part of Ethereum’s measured transition from its…
Former US Senator Rick Santorum Joins Catholic-Focused Cryptocurrency Project
Former United States Senator Rick Santorum has joined the board of a Catholic community-oriented cryptocurrency project, according to a press release published on June 4.The former senator and Republican presidential nominee is now a board member of the Catholic community-oriented cryptocurrency project dubbed Cathio.The platform is designed to address the needs of the Catholic economy…
Japan: SBI Group Sets Up Spin-Off to Manufacture Crypto Mining Chips
Japanese financial giant SBI Group has created a dedicated subsidiary that will manufacture cryptocurrency mining chips, the company confirmed in a notice on March 22.SBI, which has launched spin-offs covering various aspects of the cryptocurrency industry, now says it wishes to expand its influence in the mining sector through the creation of SBI Mining Chip…
Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson. 303 Total views 3 Total shares IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast…
Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute
This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.