Hacker behind fake Bitcoin ETF X post pleads not guilty
Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account.
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FTC sues Facebook in antitrust lawsuit as regulators mount offensive
The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s.According to public case files released on Wednesday, the regulator believes that Facebook has systematically purchased or reproduced…
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China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020. China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces.According…
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Nigerian crypto star out on bail following police detention
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.
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Big Four Firm KPMG Partners With Blockchain Co. Guardtime to Develop Tools for Businesses
Big Four auditor KPMG announced it had partnered with enterprise blockchain company Guardtime to offer blockchain-based services to clients in a press release on Feb. 20.KPMG, which has experimented with blockchain before, has entered into a strategic alliance with Guardtime and will work on various products and services using its platform.“Using KPMG's blockchain enablement services,…
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Dash rolls out Ethereum DeFi bridge with staking and yield farming
Dash is set to release its Ethereum decentralized finance bridge after months of testing. 2119 Total views 32 Total shares Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge.According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and…
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The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto
Market Talks discussed the Bitcoin bottom, DOGE’s price action and signs to follow in order to know when it’s time to ape into crypto. 182 Total views 4 Total shares On this week’s episode of Market Talks, we welcome Jake, also known as “Korean Jew Crypto” on Twitter and the founder of “The Trading Dojo,”…
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Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
The new rigs will add 7.6 EH/s to the firm’s self-mining capacity. However, the rigs won’t be installed until the first quarter of 2024. Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.The rigs, which were sourced from…
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Crypto firms target custody market as institutional adoption grows
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage.