Bitcoin realized price rejections hint BTC price ‘weakening’ — Analyst

Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name. 114 Total views 3 Total shares Facebook has been hit with threats of legal action over its plan to rebrand the Libra stablecoin project to ‘Diem’ from a finance…

Blockchain validation platform VeriBlock produced almost 25% of on-chain Bitcoin (BTC) transactions in 24 hours July 14, the company confirmed on social media.VeriBlock, which uses its own ‘Proof-of-Proof’ protocol to validate blockchains using Bitcoin’s computing power, launched its mainnet implementation in March. The service allows miners to compete for block rewards on altcoin blockchains, while tapping…

A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.

The sovereign national digital currency will be based on the national fiat and would have a fixed supply quite similar to Bitcoin. 493 Total views 7 Total shares The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported.The confirmation about the…

The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform.From energy management to energy exchangeThe news comes from an August 9 press release shared by energy company ComEd, one of the grant’s four reported recipient organizations. The others are the University…

Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni protocol on the Bitcoin (BTC) blockchain.…

The judge ruled there were no potential conflicts of interest sufficient to stop Sullivan & Cromwell from continuing to act as the debtors' counsel. 122 Total views 7 Total shares Own this piece of history Collect this article as an NFTJames Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social…

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed. “You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million