Crypto bankruptcies net law firms $751M in fees
Four law firms collectively earned $484 million from their work on the crypto bankruptcies, representing 64% of all fees requested and received in these cases.
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‘Free Bitcoin’ Scam Propagated on YouTube Steals Crypto via Clipboard Hijacking
The Qulab information-stealing and clipboard hijacker trojan is being propagated on YouTube via fraudulent videos about an allegedly free bitcoin (BTC) generator, BleepingComputer reports on May 29.According to the report, security researcher Frost reached out to BleepingComputer about the trojan scam, saying that YouTube would take down the fraudulent videos when reported, but new accounts…
BZX DAO class-action ruling: Dev with upgrade key makes platform custodial
Delphi Labs general counsel Gabriel Shapiro tweeted that the ruling can also be potentially applied to developers with multisigs. 307 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn a new update to the class-action lawsuit against bZX DAO members, a United States district judge ruled that the…
Cryptocurrency Price Indexes, Explained
4. The most common data sources are cryptocurrency exchanges. Cryptocurrency exchanges are ground zero for the majority of trading activity. It is where the price of a coin gets established, depending on the buy and sell price traders are willing to accept at any one point in that specific market. Exchange prices are therefore the…
Highest weekly close since early 2018: 5 Bitcoin price tips this week
Bitcoin (BTC) starts a new week still at $13,000 and wholly unfazed by problems in the global economy — what’s in store next?Cointelegraph takes a look at the potential issues at stake for Bitcoin in the coming days. Banks to follow PayPal BTC adoptionLast week’s announcement that payment giant PayPal would support Bitcoin and three…
Regtech Startup Coinfirm to Investigate XRP’s Compliance With AML Provisions
Regulation technology startup Coinfirm will investigate how cryptocurrency Ripple (XRP) is being used, Forbes reported on June 26.San Francisco-based tech startup Ripple, which is largely behind XRP, has signed an agreement with Coinfirm, wherein the latter will explore XRP's compliance with anti-money laundering (AML) provisions.Within the investigation, Coinfirm will reveal information such as whether XRP…
Bitwise’s latest Ethereum ad can be minted as an NFT
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors.
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada's Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto's most-experienced investors.Purpose Bitcoin ETF has 51% of AUM slashedThe fund's holdings dropped from $47,818 BTC to 23,307 BTC between June 16 and 17, its lowest level since October 2021.…
SEC was the only regulator not willing to meet with Coinbase: Brian Armstrong
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