Tigran Gambaryan's health worsens, surgery now required
Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.
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Ethereum at the center of centralization debate as SEC lays claim
Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge. The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements to scalability and decentralization to…
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet. 246 Total views 4 Total shares Bitcoin's (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some of its wealthiest investors into selling.Notably, the number of Bitcoin…
US, Japan Top Sources of Traffic to Crypto Exchanges Globally: Study
The United States is the top source of traffic to cryptocurrency exchanges globally, Cointelegraph Japan reported on June 1.The research was released by crypto news outlet The Block on May 31. The study shows that 24.5% of the total traffic directed to crypto exchanges originates in the U.S. Japan came in second, with 10% of…
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” 275 Total views 12 Total shares Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries
Crypto Market Integrity Coalition inducts 8 new members, plans training
The self-regulatory organization backed by Solidus Labs is known for its integrity pledge; BitGo, Bittrex and Merkle Science are among the new members. 343 Total views 15 Total shares The Crypto Market Integrity Coalition (CMIC) announced the induction of eight new members, the organization announced on Sept. 29. The organization, which now has 38 members…
Terra injects 450M UST into Anchor reserve days before protocol depletion
The move is designed to maintain the stablecoin savings protocol's lucrative yield of approximately 20% per annum. 165 Total views 11 Total shares In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST…
Coinbase Returns to Wyoming After Successfully Renewing Money Transmitter License
U.S. crypto exchange and wallet provider Coinbase has been given the green light from regulators to resume its services in the state of Wyoming, according to an official announcement published August 3. The exchange has now reportedly successfully renewed its money transmitter license in the state of Wyoming. The license had been suspended as of…
Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price
The United States Federal Reserve has been “too heavy-handed” in taming inflation, said pro-Bitcoin (BTC) Tesla and Twitter CEO Elon Musk.In a Twitter debate on March 29, Musk directly criticized U.S. macroeconomic policy, including “excess government spending.”Musk: Fed policy is a “serious issue”Bitcoin and crypto markets remain extremely sensitive to Fed cues on interest rate…