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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‘I Guess I’ll Have to Hodl It’ — Peter Schiff Admits to Having Bitcoin
Veteran gold bug and bitcoin (BTC) skeptic Peter Schiff has accepted delivery of $1,350 worth of the cryptocurrency after the industry sent him donations on July 4.Schiff, who is well known for warning investors not to trust bitcoin as a replacement for gold, triggered the goodwill gestures after becoming the topic of a Twitter debate…

Moody’s to build scoring system for stablecoins: Report
Moody's is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets. 348 Total views 17 Total shares Own this piece of history Collect this article as an NFTCredit rating firm Moody's is allegedly developing a scoring system for stablecoins, with analysis for up to 20 digital assets, Bloomberg reported on…

Bitcoin Price Crashing Due to Coronavirus Fear but Will BTC Hit $2K?
The price of Bitcoin (BTC) has seen a destructive week, as the price crashed 52% on one single day this week. One of the most massive crashes witnessed since the existence of Bitcoin.Not only has Bitcoin been hitting hard during the week, but equity markets have also seen their worst week since 2008, and other…

‘Stupid money’ Ethereum investor loses over $2M in six months — 3 lessons to learn
An anonymous Ethereum investor has lost more than $2 million trading Ether (ETH) since Sep. 9, 2022, on-chain data shows.Buying Ethereum high, selling lowSpotted by on-chain monitoring resource Lookonchain, the "stupid money" trader spent $12.5 million in stablecoins to buy 7,135 ETH after it rallied 10% to $1,790 in September 2022. But a subsequent correction…


Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
After a one-year hiatus, Our Man in Shanghai returns, but he’s no longer based in Shanghai (the crypto crackdown was a factor in the column’s retirement), so a rebranding is in order. This space is now called “Asia Express,” and it’s a weekly roundup of news from mainland China and Taiwan and the rest of…

Iceland’s Industry to Shift From Crypto Mining to ‘Pure Blockchain Business,’ Insiders Say
Iceland’s crypto industry is expected to move away from crypto mining and shift to “pure blockchain businesses.” This is according to forecasts made by a number of local industry insiders who talked to the news site Red Herring September 23.Halldór Jörgensson, chairman of Reykjavik-based Borealis Data Center, told Red Herring that demand from local crypto…

Bitcoin may hit new high if US employment, inflation slows
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.