BitConnect promoter banned for 5 years by Sydney District Court
John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector.
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Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market. 130 Total views 2 Total shares The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the
Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher
Bitcoin trades above $63,000 but the futures weekly funding rate shows pro traders are cautious.
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to a Bitcoin mining venture, as a U.S. bankruptcy judge suggested in a recent court session.The crypto lender provided details on Thursday, Nov 30, of its plan to only mine Bitcoin when it emerges from bankruptcy
Powers On… El Salvador is the unlikely leader for sovereign adoption of Bitcoin as national currency
Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches a course on “Blockchain, Crypto and…
Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action
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Analyst Snickers at Those Who Invest in Gold but Not Bitcoin
According to crypto analyst Willy Woo, a $1 investment in Bitcoin a decade ago would be enough to retire on, while the price of gold has barely moved. 2731 Total views 37 Total shares An investor who put $1 into Bitcoin a decade ago would have enough money to buy a luxury yacht — but…
Binance Joins Council of Internet Giant Kakao’s Blockchain Project
Klaytn, a blockchain project led by internet giant Kakao, announced that cryptocurrency exchange Binance is joining its governance council.In a joint press release shared with Cointelegraph on Oct. 22, Binance announced that it is joining the governance council of the service-centric blockchain project, Klaytn, to further push for the mass adoption of blockchain technologies.Binance joins…
Bitfinex Confirms Initial Exchange Offering to Raise Up to $1 Billion in Tether
Embattled cryptocurrency exchange Bitfinex confirmed it would conduct a $1 billion so-called initial exchange offering (IEO) in a whitepaper issued on May 8.Bitfinex, which faces ongoing legal scrutiny from authorities who accuse it of losing $850 million, had hinted it would seek to sell its own tokens earlier this month.The release of a formal whitepaper…