Bitcoin selling pressure to ease? M2 money supply flips positive

On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer. 252 Total views 3 Total shares An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46 million phishing scam. According to data from Etherscan, $4.46 million in Tether

The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided "meaningful cooperation" with the liquidators. 213 Total views 5 Total shares A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su…

The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products.The paradigm-shifting elevator pitch of Web 3.0 has always been able to pique the interest of investors, and over the last couple of years, we’ve seen an extraordinary amount of money…

Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop. 1287 Total views 2 Total shares Bitcoin’s hashrate has fallen to its lowest levels since early November as mining operations in China start unplugging.Bitcoin’s network hashrate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According…

According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency. 288 Total views 20 Total shares The ​​Vermont Department of Financial Regulation, or DFR, alleged crypto lending platform Celsius Network and CEO Alex Mashinsky misled state regulators about…

Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price "rolls over" after brief recoveryData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it risked a further loss of support.After a modest recovery from local lows seen the day…

E-commerce giant Overstock has opened a blockchain Research and Development (R&D) center in Ireland.According to a press release published on Oct. 9, the firm’s new R&D center is located in “IDA’s flagship North West business park in Sligo” and is expected to make its 100th Irish hire before the end of 2019. Currently it employs…

Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently.A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation…