CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24
Binance and former CEO CZ face lawsuit by investors over unrecoverable assets; RFK Jr. suspends, but doesn’t end, campaign: Hodler’s Digest.
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Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive
Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining. 926 Total views 4 Total shares A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he
WEF Unveils Global Governance Consortium for Digital Currencies
The World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies, including stablecoins.A press release shared with Cointelegraph on Jan. 24 reveals that the newly-formed Global Consortium for Digital Currency Governance will focus on the development of interoperable,…
SEC vs. Kik Interactive: A status update on the Kin ecosystem and Kin tokens
Much has been written about the Sept. 30, 2020, decision by Judge Alvin Hellerstein of the Southern District of New York in the U.S. Securities and Exchange Commission vs. Kik Interactive. In that order, the judge ruled in favor of the SEC’s motion for summary judgement, applying the Howey Test in the course of determining that…
Crypto Exchange Liquidity and Why It Matters, Explained
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Glassnode predicts BTC rally as stablecoin supply tags record highs
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined. 4585 Total views 24 Total shares The circulating supply of the four-largest stablecoins has spiked to new all-time highs, suggesting buyers could soon spark another leg up for the Bitcoin and crypto markets.The combined capitalization of Tether (USDT), USD Coin…
Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that…
The rise of DePINs: From noise pollution sensors to robo-cafes
Decentralize with Cointelegraph dives into the inner workings of DePINs and how they leverage blockchain to revolutionize real-world applications.
BTC Peer-to-Peer Trading Rises Amid Ban on USD in Zimbabwe: Report
Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10.The country is reportedly seeing a rise in peer-to-peer (P2P) crypto trading as there are no local exchanges offering cryptocurrency transactions due to the existing ban…