Citron crypto-skeptic Andrew Left to face fraud charges
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges.
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Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat. 4810 Total views 15 Total shares Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23.Dubbed…
Animoca Brands doubles valuation to $5B, OpenSea tops $3.5B in January volume, Microsoft eyes Metaverse gaming: Hodler’s Digest, Jan. 16-22
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNFT-focused Animoca Brands valued at $5B following $358M raise NFT and virtual…
Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? 494 Total views 8 Total shares In the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Bitcoin’s (BTC) latest bounce at $25,000, which some analysts
AXS, RON and SLP surge after Axie Infinity developers revamp the project’s tokenomics
Since launching in 2018, Axie Infinity has amassed over 2 million daily active users (DAUs) and its decentralized exchange, Katana has a market cap of $5.5 billion, but this growth has not come without challenges.Axie Infinity’s in-game token, Smooth Love Potion (SLP) decreased nearly 93% from it's all-time high in July 13, 2021 of $0.39…
CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down
The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…
A $1 million BTC bribe leads to conspiracy charges for Russian man
The strange case of Egor Kriuchkov — who was he working for? The Department of Justice has charged Russian citizen Egor Igorevich Kriuchkov with conspiracy to damage a protected computer system after he allegedly bribed an employee of a Nevada company with $1 million in Bitcoin to install malware in that company’s computer system.According to…
South Korea’s Coinbin Files for Bankruptcy With $26 Mln Loss, Cites Employee Embezzlement
Coinbin, the South Korean cryptocurrency exchange that took over hacked exchange Youbit, has filed for bankruptcy owing users almost $30 million, correspondence from the company confirmed on Feb. 20.Coinbin, which acquired Youbit in 2017, is closing operations as the result of embezzlement from a senior executive, local media including English-language resource Business Korea subsequently reported.“We…
Coinbase crypto exchange to close San Francisco headquarters in 2022
Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. 3622 Total views 18 Total shares Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing is its head offices in San Francisco.Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part…