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Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
17.6.2022
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a result of the depegging of stablecoins
Elon Musk Faces $258 Billion Lawsuit Over Alleged Dogecoin Pyramid Scheme
17.6.2022
Infamous internet clown and horrible SNL host Elon Musk and his two large companies, Tesla and SpaceX, are facing a ludicrously large $258 billion lawsuit over…uh…Dogecoin. As I’ve said before, 2022 is just a wild year of headlines. Read more
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious
17.6.2022
Fed Chair Jerome Powell said the agency remained committed to bringing down inflation and hiked interest rates by 75 basis points this week
Over 30 New Xbox Demos On The Way For Summer Game Fest
16.6.2022
Keigh3 week might be over, but Summer Game Fest is just getting started. In collaboration with ID@Xbox, the event is bringing over 30 demos for upcoming indie games to the Xbox platform starting June 21. They’ll all be free but only available for one week, after which they will disappear into...
Texas securities regulator investigates Celsius over withdrawal suspension: Report
16.6.2022
Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
16.6.2022
The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure
These 3 metrics suggest the Bitcoin price crash is not over
16.6.2022
$20,000 feels scary, but it may not be the end of the story for Bitcoin's latest bear cycle
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
15.6.2022
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized...
Agoras: Cryptocurrency Designed to Evolve Alongside Humanity
15.6.2022
Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
15.6.2022
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys...
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
14.6.2022
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”
Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash
14.6.2022
THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. Theta Network (THETA) THETA was one of the most notable movers during today’s session, as prices gained...
APENFT Successfully Completes the Sale of Five Unique Vanity Fair NFT Covers Fetching Over $100,000
14.6.2022
BitTorrent File System-powered NFT marketplace APENFT & Valuart have successfully completed their first Vanity Fair NFT Cover Drops on May 23, 2022. The NFT collection sale consisted of four 1:1 edition NFTs & a 1000-mint collection of the original “H.E. Justin Sun 2022” edition NFT. ...
Will Ethereum Sustain Its Dominance over New Projects like Evergrow and Firepin?
14.6.2022
Ethereum is one of the popular cryptocurrencies, but the crypto market is down due to various reasons. The spread of the COVID variant, turmoil in Eastern Europe, supply chain issues, and inflation are the main reasons for crypto market outflows. Recently the Terra Luna fiasco and the announcement...
Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support Levels
14.6.2022
Bitcoin lost the $25,000 level, while ether briefly slid to nearly $1,200
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020
13.6.2022
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday,...
Binance.US faces class-action lawsuit over LUNA and UST sale
13.6.2022
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers
Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra
13.6.2022
A class action lawsuit has been filed against Binance US on accusations that it misled investors and that it listed an unregistered security in UST