Norway indicts four over alleged $80M crypto scheme

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A crypto lending platform still hopes to stay afloat, but experts doubt such probability. 140 Total views 2 Total shares Reducing your initial debt of $820 million to just $0.013 over a month can’t be easy. And, it’s hardly surprising that such a heroic dash has led Celsius to bankruptcy. Last week, the crypto lending…

Bitcoin (BTC) may offer investors a rare chance to buy at a support zone with a “100% long hit rate,” new analysis says.In its latest update piece on Aug. 29, crypto asset manager Capriole Investments told investors to watch for a BTC price dip to $24,000.Capriole founder “very confident” in $23,000 BTC price support Bitcoin continues…

Blockstream Chief Strategy Officer (CSO) Samson Mow says Bitcoin (BTC) is bad for payments but the Lightning Network solves this.Mow — who is also a co-founder of formerly top cryptocurrency exchange BTCC — made his remarks in an interview for SFOX blog on Aug. 15.Lightning changes the whole equationMow conceded that he doesn’t yet have…

Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5% correction in five days, which signals that buyers are somewhat reluctant to defend the price.To date, Ether suffers from…

Geth developers to blame? 852 Total views 10 Total shares The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and…

A VC believes that Link could soar 700% in the next month or two to overtake Ether as DeFi insurance policy. 4707 Total views 117 Total shares A venture capitalist believes that Link could soar above $25 and overtake Ethereum (Ether) as number two cryptocurrency by market capitalization.Michael Anderson, co-founder of Framework Venture and an…

A couple operating out of Merced, California have pleaded guilty to selling drugs on the dark web in exchange for cryptocurrencies, including Bitcoin (BTC) and Bitcoin Cash (BCH).The United States Department of Justice announced the charges in a press release on Aug. 6. According to the announcement, Jabari Monson has pleaded guilty to conspiring to…