Litecoin (LTC) price rallies while Bitcoin and the wider crypto market crash
Litecoin is the only cryptocurrency in the top 50 with near double-digit gains over the past 24 hours. Cointelegraph explains why.
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$1 million rock NFT sells for a penny in all ore nothing error
A simple mistake led one crypto user to sell his precious rock NFT for 444 WEI instead of 444 ETH, a tenth of a penny rather than $1.2 million. 46 Total views 2 Total shares It's a hard rock life for one crypto user. A clumsy keystroke and the actions of a sniper bot caused…

SEC scuppers ShipChain’s $27M ICO and fines the firm its last $2M
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. 964 Total views 6 Total shares The Securities and Exchange Commission sinks the firm behind another initial coin offering.Per a Dec. 21 cease and desist order, the SEC has determined that ShipChain's ICO for its SHIP…

Bitcoin price loses $20K, ETH price drops 8% after ‘monumental’ Ethereum Merge
Bitcoin (BTC) spent a second day threatening $20,000 support on Sept. 15 as markets processed the Ethereum (ET Merge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC stuck between price magnets'Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below $20,000 again overnight to recover marginally above the boundary for a brief period.The largest cryptocurrency broadly failed…

From Clean Water Supply to Rebuilding Notre Dame: Crypto and Blockchain in Charity
The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how charities spend raised money.Governments and blockchain projects embrace charity spaceGovernments around the world have been…

Binance Offers Lifetime VIP Membership to KYC Leak Victims
Major cryptocurrency exchange Binance announced that it will offer a lifetime VIP membership to all its users affected by the recent Know Your Customer (KYC) images leak on the platform.According to the official blog, currently Binance is “actively contacting all potential victims with [...] guidance on privacy protection and restitution,” and highly recommends “affected users…

Bitcoin Suisse Acquires $3M Share of Trade Intelligence Firm CoinRouts
Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software.The investment and a new directorBitcoin Suisse announced the news on Oct. 22, specifying that it acquired a $3 million share of CoinRoutes. Niklas Nikolajsen, the chairman of the Bitcoin Suisse Group,…

Judge orders probe to investigate whether Celsius was a Ponzi
The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme. 74 Total views 1 Total shares The judge overseeing the Celsius bankruptcy case has ordered the examiner and the…

Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL) fall by double-digital percentages—created a venue for stablecoins to prove their worth.The fixed-price cryptocurrencies offered interim protection to traders from the notorious crypto price volatility. They did so by almost maintaining their one dollar-peg…