Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.
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Exodus Wallet raises almost $60M in crypto in regulated offering
Exodus’ claimed record share sale is set to be shattered by Coinbase later today. 1981 Total views 24 Total shares Crypto wallet provider Exodus has raised more than $59 million in just five days as investors flocked to participate in the public offering.Exodus Movement, Inc., a firm based in Delaware, began selling stock on April…
Total BTC Fees for On-Chain Transactions Surged 50% in Last 24 Hours
The total fees paid for on-chain Bitcoin transactions over the last 24 hours increased by over 50% today. 1316 Total views 46 Total shares The total fees paid for on-chain Bitcoin (BTC) transactions over the last 24 hours increased over 50% since yesterday.On-chain data analytics service, Glassnode, pointed out several major developments shown by Bitcoin’s…
Blockchain a panacea for corruption in state governance, says exec
An article appearing on the World Economic Forum website has made the case for blockchain adoption to fight corruption and wastage of resources in government activities. 333 Total views 3 Total shares Transparency, fairness and efficiency of government systems are some of the areas that are prime for blockchain disruption in public governance.Writing for the…
Terraform’s Do Kwon mounts last ditch effort to avoid extradition: Report
Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro. Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country. In a Dec. 6 report, local state media stated that lawyers for Kwon had
Alleged Scam PlusToken Selloff Could Drop BTC Price, Analyst Claims
This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Some now argue that the recent price movement is due to big players selling their stakes and flooding the market.As Cointelegraph reported on Aug. 18, the alleged PlusToken scam was thought to have moved over $240 million…
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business.In an Oct. 16 session on the ban that prohibits banks and financial institutions from providing digital currency-related services, the court shifted the date of the next hearing to Nov. 12.…
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 Jesus’ says Ethereum is the front-runner for global crypto adoption
Roger Ver said that Ethereum, not Bitcoin, will lead the most new users to crypto. Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver…