Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud.
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UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
A British court granted an appeal on July 20 that gave Craig Wright the right to argue in litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection. Wright, who since 2016 has claimed to be the inventor of Bitcoin (BTC), launched a lawsuit against 13 Bitcoin Core developers and a group…
3 Reasons For $11.6K Bitcoin Price Drop and Why It Wasn’t a Surprise
The price of Bitcoin (BTC) pulled back after achieving a new 2020 high at $12,486 on Coinbase. In the last 48 hours, BTC fell by around 5%, leading to larger losses in the altcoin market.There are three key reasons why Bitcoin rejected at the $12.4k level, namely major resistance, high funding rates, and an overheated…
India’s Kerala Blockchain Academy Partners with R3 for Dev Education
The Kerala Blockchain Academy (KBA), a government initiative under the Indian Institute of Information Technology and Management, is now a general partner of R3.Local news outlet The Economic Times reported on Aug. 27 that New York-based enterprise blockchain firm R3 chose the KBA as a general partner. According to the article’s author, the academy already…
Former Thai SEC chief lays out three critical issues with crypto taxations
The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading. 259 Total views 2 Total shares A former deputy secretary-general of Thailand’s Security and Exchange Commission (SEC), Tipsuda Thavaramara, has come out to question the legitimacy of crypto taxation in the country.According to a report by local newspaper The…
Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets.Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17.Commentators: High Bitcoin fees are inevitableThe latest wave of Bitcoin Ordinals inscriptions has resulted in elevated transaction fees for all network users — but
Reddit back up: Site resolves ‘major outage’ after nearly 6 hours
The platform said "things are back in order" after it identified and fixed an internal systems issue that took its website offline for almost six hours. 447 Total views 5 Total shares Own this piece of history Collect this article as an NFTSocial media platform Reddit is back online after it identified and implemented a…
WisdomTree CEO: Crypto ‘is going to go mainstream’
Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity.
Singapore court rules in favor of Bithumb founder in acquisition case
The decision on the civil lawsuit might affect a trial court in South Korea. 217 Total views 13 Total shares The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who…