Homeowner fails to sue insurer over $170K crypto theft in appeals court
A United States appeals court said a federal court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.
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Dutch Authorities Arrest Two Men for Alleged Crypto Money Laundering
The Dutch Fiscal Intelligence and Investigation Service (FIOD) has arrested two men for allegedly laundering money with cryptocurrencies.According to a statement released by the International Revenue Service on Feb. 18, the two men were arrested on Feb. 17 in connection to two separate criminal investigations into money laundering using cryptocurrencies. Both investigations were led by…
Judges deny Sam Bankman-Fried’s appeal for early release
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail. 119 Total views 2 Total shares A three-judge panel from the United States Court of Appeals for the Second Circuit has denied a motion for early release for former FTX
Has US inflation peaked? 5 things to know in Bitcoin this week
Bitcoin (BTC) goes into another key macro week in the United States with a welcome break to the upside.After avoiding a now-familiar breakdown around the weekly close, BTC/USD is surging higher at the time of writing on Aug. 8 to once more tackle resistance in place for two months.Can the bulls win out? Momentum appears…
Compound Reward ‘Farming’ Results in Six-Fold Increase of Lending Activity
A user reward scheme to distribute the new Compound governance token (COMP) has resulted in a dramatic rise of the value locked in the decentralized finance protocol as traders sought to “farm” the token, as fans affectionately call the practice.According to data from Defi Pulse, the Compound protocol’s total locked value soared from about $100…
Solana attributes major outage to denial-of-service attack targeting DEX offering
The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees. Solana has attributed the 17-hour outage it suffered last week to a denial-of-service attack aimed at Grape Protocol’s Sept. 14 initial DEX offering (IDO). In a Sept. 21 blog post, the Solana…
Brock Pierce and Tom Lee tip $200K BTC in 2022, despite missing the mark in 2021
Pierce and Lee believe that Bitcoin will continue its meteoric rise in price through 2022, but that's pretty much par for the course with those two. 1788 Total views 23 Total shares Despite missing the mark with their $100,000 Bitcoin price predictions in 2021, Former Chief Strategy Officer at Block One Brock Pierce and co-founder…
These 3 metrics suggest the Bitcoin price crash is not over
Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over?According to multiple on-chain indicators, it seems that max pain has yet to arrive this cycle.The stakes are high for many hodlers this week — almost 50% of the supply is being held at a loss and…
Top 5 Crypto Performers: BTC, LINK, XMR, BNB, XLM
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Update: OKB, which was a sponsored coin in this section,…