ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

A crypto escrow executive has pled guilty to defrauding his client out of $3.25 million. The U.S. Department of Justice (DoJ) announced that the principal of crypto asset escrow company Volantis Market Making has pled guilty to commodities fraud worth more than $3.25 million on October 1.Volantis executive, 49-year-old Jon Barry Thompson, made false representations…

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. 1583 Total views 24 Total shares Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those…

MicroStrategy, one of the largest corporate holders of Bitcoin, said proceeds of the sale could be used to buy up even more Bitcoin. 101 Total views 1 Total shares United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to…

Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability where the tight price action bores some while being an opportunity for others.Since the beginning of the year, Bitcoin’s (BTC) price has soared by over 60%, climbing from around $18,000…

Ripple CEO Garlington claims a “big win” in the dismissal of an SEC motion while remaining silent about the ruling on his own motion. 188 Total views 1 Total shares Southern New York District Court Judge Analisa Torres issued two rulings Friday on motions filed in the Security and Exchange Commission (SEC) lawsuit against Ripple…

One electoral commission aspirant in Kenya has said the country should consider adopting blockchain-based voting. Justus Abonyo, former chair of Kenya’s Social Democratic Party, and current candidate for commissioner of the country’s Independent Electoral and Boundaries Commission (IEBC), has called for the adoption of blockchain voting.According to a report by Kenyan news outlet The Star,…

Elon Musk’s rampant Twitter activity could get him into hot water with the SEC according to lawyers. Legal advisors have warned that Tesla chief executive Elon Musk could come under scrutiny from the U.S. Security and Exchange Commission over his social media activity around Bitcoin.On Monday, Feb. 8 Tesla announced in an SEC filing that…

The first case of COVID-19 was diagnosed by Chinese doctors in November 2019. Rather than being shared with the global community, news of the viral outbreak was censored by the Chinese government. Since that time, more than 66,500 lives have been lost globally. Though the pandemic has brought tremendous uncertainty to the global economy, it has…