Law firm that sued Pump.fun is being linked to a $23M ‘DOGSHIT2’ coin
At its peak, DOGSHIT2 had a market cap of over $23 million, although it has since fallen to around $2.4 million.
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September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.BTC price strength remains dubious after a snap crash 10 days ago, with bulls unable to wrestle back control of the market to provide a relief bounce.The outlook is similarly uncertain, with September traditionally a poorly performing month for…

Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage. 1036 Total views 29 Total shares Layer-two scaling protocols for Ethereum have surged in adoption in recent months as gas prices climb again, and the L2 ecosystem is now processing more daily transactions than the…

Bitmain Announces Energy-Efficient ASIC Chip for Mining Bitcoin and Bitcoin Cash
Chinese mining giant and ASIC hardware producer Bitmain has announced its next generation 7nm (nanometer) ASIC mining chip, according to a press release published on Monday, Feb. 18.The new mining hardware, BM1397, is designed for mining cryptocurrencies that use the SHA256 algorithm for their proof-of-work (PoW), such as Bitcoin (BTC) and Bitcoin Cash (BCH).BM1397 requires…

Price analysis 3/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The European stock markets fell on March 24 on renewed fears that the banking crisis could rear its ugly head once again. The latest selling was triggered after Deutsche Bank’s credit default swaps, which offer protection to the buyer against specific risks, soared on March 23 without any known catalyst. That pulled down the shares…

Facebook Libra Not Avoiding US Regulators, Switzerland a Better Fit
Among all the issues cropping up in Facebook's recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus was repeatedly questioned as to why Facebook had decided to establish the subsidiary behind its newfangled…

Fatfish Internet Group: Markets Could ‘Accept’ Bitcoin ETF Within ‘Couple Of Months’
Global markets will be “ready to accept” a Bitcoin (BTC) exchange-traded fund (ETF) in as soon as a “couple of months,” Fatfish Internet Group CEO Kin-Wai Lau told CNBC on July 29. Speaking to CNBC’s dedicated cryptocurrency segment, the Coin Rush, Lau expressed a firm belief in Bitcoin’s current price rally, explaining, “It’s a very…

Crypto-Friendly Mobile Banking Firm Revolut to Attempt Raising $500M+
British mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars next year, Reuters reports on Nov. 12.Since the end of 2017, Revolut’s app has allowed its users to complete transactions in cryptocurrencies including Bitcoin (BTC), Litecoin (LTC) and Ether (ETH).According to Reuters, Revolut plans to raise the funds…

SEC bring John McAfee to court over ICO promotion
The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. 1955 Total views 4 Total shares On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin offerings (ICOs) without disclosing that the ICO issuers were paying him, a violation of U.S. securities law.Per…