Ethereum blob fees soar: What does it mean for L2s?
Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims.
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Dubai’s crypto regulator cracks down on unlicensed firms
Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.
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How long could Sam Bankman-Fried go to jail for?
FTX founder Sam Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32 billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried staring down seven charges. If
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Crypto Biz: SBF’s newest Excel spreadsheet reveals all
Large enterprise businesses spend tons of money keeping track of their financial dealings — think accountants, financial analysts, consultants and enterprise-grade accounting software. Sam Bankman-Fried, meanwhile, used Microsoft Excel. On Jan. 17, in another sloppy Excel spreadsheet, SBF revealed that FTX US was solvent. The Excel file purportedly showed customer balances, bank deposits and assets held…
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Celsius Network coin report shows a balance gap of $2.85 billion
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents. 595 Total views 38 Total shares A new bankruptcy coin report filed on Sunday shows that troubled crypto lender Celsius’ actual debt stands at $2.85 billion against their bankruptcy filing claims of a…
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Dogecoin investor lawsuit against Elon Musk dropped
Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021.
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Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. 236 Total views 27 Total shares While Japan’s CBDC plans are still in the research stage, Shinichi Uchida, an executive of the Bank of Japan (BOJ) has said simplicity will drive the central bank’s…
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Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?
On Dec. 4, Bitcoin (BTC) unexpectedly rallied hard from $7,080 and over the next 5 hours the digital asset had moved 9.92% to trade for $7,788. The strong surge briefly broke the pattern of lower highs lower lows. But by the end of the day, the price had retraced back to $7,100. Crypto market weekly performance.…
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Bitcoin transactions fees in US dollars near all-time high levels
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 627 Total views 9 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network.According to data from several Bitcoin monitoring resources, the…