Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure

"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase. The United States Securities and Exchange Commission (SEC) has reportedly threatened to sue Coinbase over a crypto yield program it deems as…

Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin.Facebook doubles down on Libra lobbyingNews outlet Politico reported on Aug. 5 that Zook had been hired onto Facebook’s team of lobbyists working to win lawmakers over to Libra. Per the report, she…

A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7.In the wake of recent news about unusual mining activity on the Ethereum Classic (ETC) network — which many continue to refer to as a 51 percent attack — Lee shared his…

Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in February by crypto analytics startup Crypto Head. It released a report showing that the crypto companies that…

The X post draws immediate similarities to a previous post of FTX's Sam-Bankman Fried, back when the Solana token was trading at just $3.

Crypto exchange giant Binance is the latest platform to receive a warning from regulators in Japan for operating in the country without a license. Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan.On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of…

IBM’s new blockchain-based COVID-19 application puts privacy first. 608 Total views 9 Total shares A new application powered by the IBM blockchain aims to help people around the world return to physical encounters amid the coronavirus pandemic.IBM Watson Health, a healthcare-focused arm of tech giant IBM, is launching IBM Digital Health Pass, a blockchain-based app…

Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the comments to Cointelegraph during ETH Seoul on Aug. 7 after announcing the start of production of StarkWare’s new Recursive validity…

Ether wallet addresses record-breaking metrics could bode well for the cryptocurrency's “network effects.” The Bitcoin (BTC) bull run may be dominating headlines, but the stalwart cryptocurrency isn't the only coin to be showing strong positive indicators.According to data from glassnode alerts, the number of Ether (ETH) wallet addresses holding a minimum of 1 ETH hit…