Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
12.5.2022
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African...
Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
12.5.2022
A conspiracy theory that began on 4chan and was amplified by Cardano founder Charles Hoskinson has been met with swift denials by all parties allegedly involved
Doge gets more love on Twitter and Ethereum gets more hate: Data analysis
12.5.2022
Sentiment analysis run across a year’s worth of tweets has found that Ethereum is Twitter’s least favorite cryptocurrency of five studied, while Dogecoin received the most affection
Aussie crypto ETFs see $1.3M volume so far on difficult launch day
12.5.2022
The trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to BTC and the other focused on ETH
Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets
12.5.2022
Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings
Bitcoin Below USD 29K, Ethereum Dives More, LUNA, Altcoins Crash
12.5.2022
Bitcoin price started another decline and traded below the key USD 30,000 support. BTC even broke the USD 28,500 support to move further into a bearish zone. It is currently (03:58 UTC) down 8% and is trading near USD 28,700. BTC is also down 28% in a week.
Similarly, most major altcoins...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...
Could the SEC case against Ripple falter over a conflict of interest?
12.5.2022
Newly discovered documents suggest a possible conflict of interest from a former SEC official when he made a speech about Ethereum which some claim could jeopardize the SEC’s case against Ripple
Ethereum whales get busy as transactions hit highest point since January
12.5.2022
Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
12.5.2022
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year
Michael Saylor welcomes FASB vote to review crypto accounting standards
12.5.2022
The FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as “intangible assets” on their balance sheets
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
12.5.2022
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as...