Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

An ICO fraudster spent more than $7 million in fraudulently obtained covid relief on luxury personal expenses, including a Rolex, a luxury apartment, and a new Mercedes. 2182 Total views 16 Total shares A 24-year-old New York resident has pleaded guilty to acquiring more than $7 million in Covid-19 relief through fraudulent loan applications and…

The Bitcoin futures market has a major expiry date on Dec. 25. 1714 Total views 12 Total shares In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin options will expire on Dec. 25. Options contracts allow holders to buy or sell Bitcoin at a specific price, which is known as the strike price.…

Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at $67,000.Now that the price has briefly fallen below $60,000, investors are…

CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration. 336 Total views 4 Total shares Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that suggested crypto should be regulated…

Boomers down under are worried about volatility, but millennials are filling their crypto bags. 841 Total views 1 Total shares Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles.The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of young…

Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed. 385 Total views 17 Total shares Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusations that they lost…

The regulatory body said it was "appropriate to designate a longer period" to approve or disapprove of the proposed Bitcoin ETF. 427 Total views 18 Total shares The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021.According to a Tuesday filing…

The sudden $1,500 drop in Bitcoin (BTC) price on August 2 caused over $1 billion worth of liquidations on futures contracts and also led to a sharp decline in the price of many top altcoins. This massive figure represents 18% of the total $5.6 billion open interest and undoubtedly caused the exaggerated move down to $10,560.Interestingly,…

Bitcoin (BTC), along with other cryptocurrencies, has provided people with a venue to earn passive income, making money without any active involvement. One doesn't need to take unnecessary trading risks or spend time reading and analyzing reams of information. While the concept of passive earning isn't new, cryptocurrency has undoubtedly added new dimensions to it. Concepts…