Elon Musk lashes out at EU over ‘illegal’ free speech deal
The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations.
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Bitcoin Mining Firm Layer1 Accused of Copyright Infringement
Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. 388 Total views 1 Total shares United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas.According to a complaint filed…
Qatar Financial Centre Puts Blanket Ban on Cryptocurrency Businesses
The Qatar Financial Centre Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC).The regulator announced the new measures in a tweet published on Dec. 26, stating that authorized firms are not permitted to provide or facilitate the provision or exchange of crypto assets and…
Top Crypto Media Site CCN Shuts Down, Cites Google Update for Loss of Search Visibility
Top cryptocurrency media site CCN is shutting down today, June 10th, according to an announcement on their website.The post, written by Jonas Borchgrevink, director and founder of CCN Markets and Hawkfish AS, states that the reason behind the closure is a large drop off in traffic from Google searches following a June 3 Google Core…
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning…
Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin
The Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members.Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and Radar, the startup behind decentralized exchange Radar Relay. Coinbase announced the news in a press release…
Not your keys, not KuCoin’s: Red flags ignored
Back in April of 2020, Cointelegraph took a close look at the KuCoin cryptocurrency exchange. Investigating the apparent lock of the primary domain name, which was a result of a legal case under the jurisdiction of the High Court of Singapore, we concluded that:In the absence of clarity from any of the individuals mentioned in…
Crypto wallets explained
Instead of holding physical money, crypto wallets store private keys — digital codes that give you access to your cryptocurrencies.