Jump Trading accused of crypto ‘pump and dump’ in game dev’s suit
Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme
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Bitfinex paid a colossal $23M fee to send $100K of USDT
In what is presumed as a technical error, popular crypto exchange Bitfinex have paid a seismic $23.7 million dollars in gas fee for a comparatively nominal $100K transaction. 1267 Total views 26 Total shares Crypto exchange Bitfinex completed a highly consequential transaction today when sending $100,000 of the stablecoin Tether (USDT) to the layer-2 subsidiary platform…
Pantera Capital CEO: BTC Will ‘Come of Age’ in Crisis, May Top All Time High
Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months.The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a March 25 letter to investors examining the fallout from the COVID-19 financial…
Meta coughing up big money to developers building their metaverse
Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work. 592 Total views 32 Total shares Own this piece of history Collect this article as an NFTTech giant Meta - the parent company of Facebook, Instagram and…
Brave takes aim at Google with privacy-protecting search engine beta
Brave hopes users will want to search the web without being tracked. Crypto-powered web browser Brave has branched out into the world of search with a new privacy-protecting beta search engine.The platform aims to take on the likes of Google, which harvests personal data and browsing habits while serving up targeted ads and tailored search…
MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple
Remittances giant MoneyGram announced a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple are not involved.MoneyGram recently announced FastSend, a new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers to Cointelegraph’s inquiries…
Bitcoin SV Experiences Blockchain Reorganizations, Possibly Due to Unwieldy Block Size
The Bitcoin Satoshi Vision (BSV) blockchain is struggling with its large block size following a series of block re-organizations, cryptocurrency exchange BitMEX tweeted on April 19.In the post, BitMEX reveals that on April 18 its BSV node “experienced 2 block re-organizations. First a 3 block re-organisation, followed by a 6 block re-organisation.” BitMEX provided a…
Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report
"Greater clarity" around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. 160 Total views 20 Total shares Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report. Said inflows reached $16.3 million last week, adding to…
South African exchange raises $50M in Africa’s largest funding round
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs. 463 Total views 49 Total shares South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an…