Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper Dagens Nyheter, which reported the news on March 1. The scam predominantly targets investors based in Australia, New Zealand and the United…

The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round. 1339 Total views 42 Total shares South African blockchain peer-to-peer renewable energy platform Sun Exchange obtained a $3 million investment from ARCH Emerging Markets Partners, thereby closing its $4 million Series-A funding round, according to a statement issued today.Sun Exchange…

Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy's pitched Bitcoin to over 1,4000 companies. This breakout above $35,000 earlier this week was significant as it opened the door to a new all-time high test. The final hurdle at $40,000 has prevented…

Vitalik Buterin addresses accusations of neglecting DeFi, defending his views on decentralized finance and the importance of sustainability and core principles of the Ethereum ecosystem. 

Grid trading is a quantitative trading strategy that involves placing automated buy and sell orders in an attempt to profit from the volatility of cryptocurrencies. Grid trading is a style of algorithmic trading that automates order execution by utilizing grid trading bots. To create a grid of orders that covers a range of potential market movements,…

Two Canadian men who defrauded a Bitcoin (BTC) investor out of $140,000 by impersonating exchange HitBTC may serve two years in prison.According to court records on Dec. 16, brothers Jagroop Singh Khatkar and Karanjit Singh Khatkhar pled guilty to charges of conspiracy to commit wire fraud over a scam carried out via Twitter in July…

A company that was heralded as the “New Google” settles with the SEC, agreeing to return $29 million to ICO investors, in addition to a $400,000 penalty. 2471 Total views 35 Total shares A company once heralded as a “decentralized alternative” to Google recently settled with the SEC.BitClave suffered a near-immediate collapse in priceThe project’s…

High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid. 3607 Total views 4 Total shares Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were…

"It’s as easy as sending cash, and you don't need to own stock or Bitcoin to gift it," said Cash App, allowing transfers as low as $1. 240 Total views 11 Total shares Digital payments company Block, formerly called Square, has announced that Cash App users will be able to gift friends and family both…