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YouTube Influencers Face $1 Billion Class-Action Lawsuit Over FTX Endorsements – Who's Caught in the Crossfire?
17.3.2023
A number of high-profile crypto and finance YouTubers are involved in a class-action lawsuit for promoting the now-defunct cryptocurrency exchange FTX.
The lawsuit’s plaintiff is Edwin Garrison, who is seeking $1 billion in damages because the YouTubers “promoted FTX crypto fraud without...
Biggest Movers: LINK Climbs Above $7.00, as DOGE Rebounds From Recent Decline
17.3.2023
Dogecoin rebounded from a recent decline on Friday, as cryptocurrency markets shook off yesterday’s bear wave. The meme coin has now risen by over 5%, a day after falling by the same sum. Chainlink was another notable mover, as prices climbed by over 7%. Dogecoin (DOGE) Dogecoin (DOGE) rose by...
China’s Fujian Province Has Processed $22bn Worth of Digital Yuan – Are CBDCs Taking Over?
17.3.2023
Residents and firms based in China’s Fujian Province have reportedly processed almost $22 billion worth of digital yuan transactions to date – as the nation’s central bank digital currency (CBDC) continues to gather pace.
The province was added to the CBDC pilot zone last year. And it broke ground...
ETHDenver records over 15k entries & now has its eyes on global expansion
17.3.2023
ETHDenver recorded a huge success in its recent edition, with over 15,000 participants recording their names from 115 different countries. This is a 50% increase in comparison to the previous year. Reportedly, it suffices the purpose of considering global expansion by exploring several territories...
Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund
17.3.2023
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at...
The Internet Once Again Loses It Over Dudes Playing With Water
16.3.2023
TikTok isn’t just an algorithmic time waster for discovering viral dances and new memes. It’s also full of new niche genres like grindset grifting, chefs doing cooking commentary, and ASMR deep cleaning. Oh, and challenge-based trends like dudes playing with cups of water.Read more
FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
16.3.2023
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform
Shiba Inu community divided over allegations of code, chain ID plagiarism
16.3.2023
"I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID," wrote one user
On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank
16.3.2023
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global...
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
16.3.2023
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most...
Founder of Crypto Exchange Bitzlato Denies US Charges
16.3.2023
The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder...
Coinbase met with Australian banking regulators over local crypto regulations
16.3.2023
Coinbase's vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts
Casinozer: Ultramodern Crypto Casino & Esport Bookmaker
16.3.2023
Casinozer offers players only the best online games available and an unforgettable gaming experience at a Live Casino, so you are guaranteed to be entertained to the fullest. They offer over 3,100 online games including slots, roulette, blackjack and … Continued
The post Casinozer:...
DeFi Exchange mStable Mulls Over Acquisition, Merger Offers
15.3.2023
MStable’s community will vote this month on whether to accept one of the offers, or sunset its struggling stablecoin investments service
Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets
15.3.2023
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital...
Germany and U.S. Seize Over $46M Crypto Tied to ChipMixer Investigation: Europol
15.3.2023
National authorities took down the platform's infrastructure, seizing four servers and 7 terabytes of data
Over Two Billion USDC Stablecoin Burnt in Single Day, Data Shows
15.3.2023
USD Coin holders are not rushing back to holding the token just yet
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
14.3.2023
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion...
Binance BUSD Stablecoin Trading Suspended by Coinbase Over Liquidity Concerns – What's Going On?
14.3.2023
Coinbase has proceeded with the planned suspension of Binance USD (BUSD) trading, disabling trading for the stablecoin starting Monday.
"We have disabled trading for Binance USD (BUSD)," the United States-based cryptocurrency exchange said in a March 13 tweet, adding that users will continue...
Bitcoin, Ethereum Technical Analysis: BTC Nearing $25,000 as Banks Face Exodus of Deposits
14.3.2023
Bitcoin moved closer to $25,000 on Tuesday, as banking withdrawals rose following the collapse of Signature Bank and Silicon Valley Bank. Reports suggest that withdrawals at the likes of JPMorgan and Citibank are nearing a ten-year high. First Republic Bank has been another major firm to fall, with...