NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, crypto…

Securitize, a compliance platform and protocol for token issuers backed by United States crypto exchange Coinbase, is launching its Securitize Ready Program, according to a press release shared with Cointelegraph on April 9.Per the announcement, the program includes such industry majors as Coinbase Custody, OpenFinance, Rialto Trading, CBlock Capital and others. Users of the Securitize…

The CEO of CryptoQuant believes that capitulation by an unknown miner caused the latest Bitcoin price dip. 1358 Total views 53 Total shares According to Ki Young Ju, CEO of CryptoQuant, capitulation by an unknown mining pool was responsible for the latest market dip.The miner who has produced 51 blocks over the past four days…

Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions, Bloomberg reported on April 30.Waterdrop, which forms part of China’s rapidly-expanding crowdfunded health insurance industry, will leverage Tencent’s existing presence and experience in the field to create as yet undefined blockchain tools.The move follows the closure of Waterdrop’s…

Finance Redefined is Cointelegraph's DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday.Editor's NoteThis is one of those weeks where it’s hard to find a central topic for this newsletter. There weren’t any big scandals or releases, more like a slow grind with a few projects launching new features,…

The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received from…

The global demand for blockchain engineers is up by 517 percent year-over-year, according to a report released by recruitment company Hired on Feb. 28.The document also notes that the second-fastest growing software engineering role is security engineer, with 132 percent growth, and third is embedded engineer, up 76 percent. The blockchain engineer role also consistently…

Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) crosses the $8,000 mark again.Market visualization courtesy of Coin360Bitcoin is up over 5% on the day, trading at $8,018 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down…