US Supreme Court bucks Nvidia’s appeal to dismiss crypto class suit
Nvidia has lost a Supreme Court challenge to try stop an investor-led lawsuit that says it understated its GPU sales to crypto miners.
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McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge.
Bitcoin Price Rejects $7K but Tone Vays Says 75% Chance BTC Bottomed
Bitcoin (BTC) has a maximum 15% chance of falling below $3,800 if current price levels continue, says trader Tone Vays as BTC nears $7,000.In a YouTube update on March 24, an increasingly bullish Vays updated his outlook for BTC/USD. He argued that at around $6,750, the pair was sitting at resistance.Cryptocurrency market daily overview. Source:…
Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovered nearly $5 million in stolen crypto through negotiations with a hacker and agreed to a higher bounty.
Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019
Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25.The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues to dominate demand, comprising 68% of its loan portfolio. Lending in ether (ETH) almost halved to 3.6% compared with the last quarter, and…
Team Finance exploited for $14.5M during protocol migration despite contract audit
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector. 231 Total views 2 Total shares On Thursday, decentralized finance, or DeFi, lockup protocol Team Finance said over $14.5 million worth of tokens were exploited though the Uniswap V2 to V3 migration function on its platform. As told by blockchain…
WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP
To properly regulate DeFi, we must first determine whether these protocols are actually decentralized, according to Eva Kaili. 232 Total views 3 Total shares Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president…
Coinbase Listing News Fits With Bullish Mainstrem Market, Pomp Says
News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. 691 Total views 13 Total shares Amid a bullish mainstream market, news of Coinbase's reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. "When good times are rollin in the stock market, people want to…
FTX-SBF charges valid despite lack of US crypto laws, DOJ says
Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international shouldn’t apply. 344 Total views 3 Total shares The United States Department of Justice (DOJ) filed a motion in court on Oct. 4, claiming the lack of