SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The price of Bitcoin (BTC) surpassed $17,000 for the first time since December 2017, continuing its current uptrend. The rally comes after BTC broke out of the previous parabola, which initially caused concerns.Three factors likely contributed to the ongoing rally: a new parabolic trend, resilience above $16,000, and Bitcoin absorbing whales’ selling pressure.New parabolic trendOn…

The United States Congressional Budget Office (CBO) has predicted that the U.S government's annual deficits will “nearly double over the next decade.” 2389 Total views 3 Total shares The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a…

Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin. 2903 Total views 83 Total shares Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC).According to a June 15 announcement, Antalya…

The announcement said the sales would commence 28 days after Feb. 22, when the notice went out. 1037 Total views 9 Total shares Own this piece of history Collect this article as an NFTNonfungible tokens (NFTs) belonging to the bankrupt hedge fund Three Arrows Capital (3AC) will be sold by its liquidators Teneo, according to…

In another major milestone for cryptocurrency adoption, United States bank PNC will begin using RippleNet to process international payments for its clients.Ripple made the announcement on Sept. 19, stating that PNC’s Treasury Management unit will be using its xCurrent software solution to expedite cross-border transactions for the bank’s U.S. commercial clients.According to initial reports, xCurrent…

Tor Project’s new Bitcoin (BTC)-based crowdfunding campaign has reached the softcap of $10,000 in 25 hours after the launch.The new crowdfunding program, known as BitcoinForTor, was launched on July 15 in collaboration with open-source payment processor BTCPay Server. By July 16, the project has raised the minimum amount expected to be secured, BTCPay announced.Having reached…

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.Mobile Phones in BangladeshFinney’s launch in…

Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTGabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation which would ban advertising crypto projects to young people.According to a…