California revokes BlockFi’s lending license 2 years after bankruptcy

Ciphertrace speculated the anonymous user made the transactions “to stay up to date with the Bitcoin network,” but it may have been hacked. 1491 Total views 17 Total shares An anonymous crypto user has just moved 69,370 Bitcoin from an address associated with the Silk Road darknet market, that more recently has become a popular…

Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads. Twitter executive chairman Elon Musk alleged in a social media post that Meta is “cheating” over the release of Threads, a text-based social network resembling Twitter.While Musk wrote that he is fine with…

The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors. 67 Total views 1 Total shares An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting…

Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their product supply chains.Cermaq announced the development in a Nov. 20 press release, revealing that it cooperated with Labeyrie and IBM’s blockchain platform IBM Food Trust to enable customers to get information about the salmon value chain. All…

A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time. At only 42, he has served as a member of the United Kingdom’s Parliament, chief secretary to the treasury and chancellor of the exchequer — and now, he’s starting his tenure as prime…

Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming?Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days.Stocks recover from coronavirus worriesThe start of this week marks a clear contrast from last Monday. Concerns over…

Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 1065 Total views 17 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment.The latest paper by researchers…

They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August.

The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sept. 29 could prove pivotal for the $26,000 support level.BTC price faces serious headwindsOn one side, Bitcoin’s recognition in China appears to be strengthening, following a judicial report from a Shanghai Court that acknowledged digital currencies as unique and non-replicable.Conversely, Bitcoin’s spot exchange trading