Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff

The idea of market cycles is widely accepted in finance. The most basic principle is that what goes up must come down. The underlying rationale is that investors will accumulate when prices are low, causing prices to rise. As the price reaches a peak, sell pressure will take over as holders seek to cash out,…

An opinion piece published by American online magazine Wired on Feb. 6 has leveled criticisms at the promise of new blockchain-based architectures of trust. The article’s central argument is that trust is not eliminated, but rather displaced, in blockchain systems — principally from institutions and social conventions onto technology.The article’s author, Bruce Schneier, alleges that…

The NFL draft prospect has already received the first part of his bonus payment in crypto. 2399 Total views 25 Total shares Trevor Lawrence, the presumptive number-one pick in the upcoming National Football League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio.According to a report on Monday by the New York Times,…

American investment management company Fidelity Investments is seeking talent for its digital asset wing, Fidelity Digital Assets, according to the company’s job offer listing.Fidelity is looking for nine professionals in fields ranging from analytics and data engineering to blockchain solutions architecture and blockchain solutions engineering.The company is hiring a Vice President of Solutions Architecture (blockchain,…

$2.5 million private funding round will be used to develop first "mass-market" digital collectibles platform. 1968 Total views 22 Total shares Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital.The investment raised will be…

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. 342 Total views 2 Total shares On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s…

Crypto influencer Ben “BitBoy” Armstrong has reportedly been arrested following a livestream outside the house of Carlos Diaz, a former business partner. 1141 Total views 13 Total shares Crypto influencer Ben Armstrong, previously known as “BitBoy,” has reportedly been arrested while livestreaming outside the house of a former business associate, who he alleges is in

Can AI's run DAOs? Maker founder Rune Christensen says not quite yet, but in future “you may have a lot more DAOs than you have humans.” by Andrew Fenton 5 min November 28, 2023 Share Share Share Share For every genuine blockchain project harnessing artificial intelligence there are 100 coins trading off the hype. Magazine