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“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level in 2022. Data from Cointelegraph Markets Pro and TradingView shows that the BTC selloff on May 9 intensified…

SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part. 612 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTFormer FTX CEO Sam Bankman-Fried, also known as SBF, was arrested on Dec…

The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has revealed the firm is including blockchain as one of the key technologies for its “Digital Transformation Network.”The development was revealed during president and CEO Hong Yuan Zhen’s keynote speech at Samsung’s Real…

Charlie Lee: Litecoin maximalists don’t exist. The first Litecoin (LTC) native Visa debit card is being launched by BlockCard. Charlie Lee told Cointelegraph this is their second attempt at the endeavour as the previous one failed: “We previously worked with LitePay on a debit card but that failed when LitePay went out of business.”Lee also drew…

Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50.Average Ethereum transaction fee in USD chart. Source: BlockchairDuring a similarly congested period from June - July 2020, Ethereum co-founder Vitalik Buterin called…

Russian social media giant Vkontakte (VK) has launched an internal currency, VK Coin, that can be “mined,” local state-owned media outlet Tass reported on April 1.The move follows recent reports this week that VK was launching a bespoke cryptocurrency. The official information provided on VK Coin, however, does not indicate that the coin is based…

It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the Reserve Bank of India’s controversial ban on banks issuing services to crypto-related firms.It seems, however, that not all banks are complying with…

Major mining hardware manufacturer TSMC has announced plans to build a $12 million facility in Arizona. 1664 Total views 45 Total shares The world’s largest semiconductor manufacturer and third-largest chip manufacturer, Taiwan Semiconductor Manufacturing Co., or TSMC, has announced plans to build a $12 factory in Arizona.The move comes after TSMC suffered significant disruptions across…