Former FTX CEO Sam Bankman-Fried denies “improper use” of customer funds
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”
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Mass adoption looms as South America’s second-largest company accepts crypto payments
On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present in 18 countries, including its…
Ethereum Classic 51% Attack — The Reality of Proof-of-Work
Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain.While there is still no clear idea of who is responsible for the manipulation of ETC’s blockchain by controlling the majority of CPU power in the mining pool,…
Crypto exchanges to meet Nigerian SEC chief for regulatory talks
The meeting is expected to ignite positive changes that benefit all crypto stakeholders in Nigeria and internationally.
The Sioux Energy Center has mined 20 Bitcoin in secret since April
The environmental impacts of the site were quickly called into question following the reveal. 1581 Total views 26 Total shares Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West…
22.3 million Bitcoin addresses were active during January
On-chain Bitcoin activity surged during January, with more than 22.3 million addresses sending or receiving BTC last month. 165 Total views 6 Total shares January was a record month for Bitcoin’s price and network activity, with more than 22.3 million unique addresses actively sending or receiving BTC over 31 days.The milestone was spotted by crypto…
FV Bank integrates with Visa for crypto debit, corporate cards
The cards integrate balances in fiat money, stablecoins and cryptocurrencies held in custody accounts.
Bought the Dip? Bitcoin Price Rebounds Strongly With $11,000 in Sight
Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a new 2020 high at $10,370. So is the continuation of bullish momentum likely? Let’s look at the charts to see what could occur next. Crypto market daily…
Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.There are too many crypto projects, says Garlinghouse In an interview with Bloomberg released Nov. 5, Garlinghouse claimed that there are too many cryptocurrencies so far, forecasting that only 1% of all crypto is here…