Nigeria drops money laundering charges against Binance exec

Blockstack may have successfully transformed its STX token from securities registration to commodity status. 957 Total views 9 Total shares Blockstack may be about to go where no token has gone before, by metamorphizing from a security to a non-security, as far as U.S. regulators are concerned.In a Monday blog post, Blockstack CEO Muneeb Ali…

The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt 970,000 Ether (ETH) — with a total value of $360 million — in the last year, if it had been implemented. EIP-1559 seeks to reduce transaction fees by introducing flat fees alongside a burn mechanism,The findings, based on Dune Analytics data and published by the…

The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC)…

San Francisco-based cryptocurrency exchange Poloniex is going to remove 23 trading pairs ostensibly due to low volume.In a tweet published on Aug. 15, Poloniex announced that it will be removing 23 trading pairs on August 16, 2019, due to low volume. After removing, each asset will continue to be independently tradable, the exchange notes. The list…

Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen Art Program powered by generative art platform Art Blocks. A sale of NFTs by early algorithmic artmaker…

The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet. 2106 Total views 7 Total shares Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds.At about 4:00 UTC on…

Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time.XRP has gone as far as to beat Ethereum (ETH) to be ranked…

The United States cryptocurrency exchange has seen its stock price plunge in lockstep with Bitcoin, Ether and the broader digital asset market. 1873 Total views 34 Total shares Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the exchange’s underlying business, underscoring the challenges posed…