Stablecoin issuer ‘Usual’ faces sell-off after redemption update

American entrepreneur and stalwart crypto advocate John McAfee says he is holding back on plans to reveal the real identity of bitcoin (BTC) creator Satoshi Nakamoto, for fear it will expose him to further lawsuits as he fights potential extradition to the United States. The news was reported by Bloomberg on April 24.McAfee — who…

So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.

American Economist Nouriel Roubini has stated that cryptocurrency is more centralized than North Korea in a tweet October 7.New York University professor Roubini, better known as "Dr. Doom" for his alleged prediction of the 2008 Financial crisis, has repeatedly criticized claims that decentralized in cryptocurrency exists.In his tweet today, the Harvard-educated economist again repeated his…

Solana suffered a fourth network incident in the span of a few months. Two out of the four network issues happened this week. 49 Total views 1 Total shares The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute…

Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust. 1131 Total views 30 Total shares Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with…

Fits and starts below crucial resistance at $60,000 continue with Bitcoin's RSI due to rebound. 187 Total views 2 Total shares Bitcoin (BTC) continued its pattern of sudden price spikes on Nov. 24 as sudden momentum produced a brief trip above $57,400.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: 2021 still conforms to bullish patternData from…

Reddit users have alleged that American Express (Amex) has sponsored crypto-skeptical content on Twitter, according to a popular forum thread opened Tuesday, Oct. 16.The tweet in question was allegedly circulated through Bloomberg’s Twitter network “TicToc” on Oct. 11, and was reposted as a screenshot to Redditor u/Alexsayzz’s thread titled “Anti-crypto propaganda... promoted by American Express,”…

If the courtroom drama of OneCoin is not enough, you’ll soon see the whole thing play out on the big screen. 673 Total views 13 Total shares Even as the OneCoin Ponzi scheme makes its way through the courts, a movie about it is now in development with a Titanic lead star. As reported by Deadline,…