Trump signs reciprocal tariff order, includes non-monetary provisions
“Whatever they charge us, we’re charging them. So, it works out very well,” President Donald Trump told reporters after signing the order.
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Lightning Network faces criticism from Pro-XRPL lawyer John Deaton
John Deaton's remarks come amidst concerns about alleged backdoors in the Bitcoin Lightning network's code. Lawyer and cryptocurrency proponent John Deaton has criticized the Lightning Network, deeming it less effective than the 'Spend The Bits' protocol on the XRP Ledger (XRPL). The Lightning Network is the second-layer solution built over the Bitcoin blockchain. It is
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Judge says Sam Bankman-Fried’s lawyers have until Sept. 1 to request a trial postponement: Report
Though the judge reportedly said he would not necessarily grant a postponement, SBF’s lawyers have been pushing for the former FTX CEO to have more time to prepare his defense. 142 Total views 4 Total shares Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have reportedly not asked for a different trial date in
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Record $7.9B Bitcoin futures open interest shows bears are watching BTC price
Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to $4.3 billion, which is lower than the $4.8 billion from longs.BTC futures aggregate open…
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Bank of Korea selects Kakao’s blockchain arm for digital won tests
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. 321 Total views 8 Total shares The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots.Kakao’s Ground X had won the…
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Fresh wave of interest pushes Cardano near all-time highs
ADA recently came within a penny of its previous U.S. dollar all-time price high. 2047 Total views 28 Total shares Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken…
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Warning: How ‘One Time Password’ bots can steal all your crypto
Scammers have been using advanced hacking bots on Telegram designed to trick investors into divulging their two-factor authentication, leading to accounts being locked and wiped out. 544 Total views 24 Total shares Cybercriminals are using bots purchased on Telegram to trick users into giving them access to their cryptocurrency accounts. According to a report from cybersecurity…
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SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex. Crypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United States securities regulator, this time for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets.In a July 11…
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SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO…