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BMW decides to incorporate blockchain technology for a loyalty program
30.12.2022
Of late, it has been observed that many prime manufacturing companies were beginning to lean towards the overall NFT arena. Now, it is the turn of the absolute top-of-the-line car manufacturing company based in Germany, BMW. The company has finally decided to go in for the incorporation...
Shark Tank Star Kevin O’Leary’s Twitter Account Hacked, Starts Promoting Crypto Scam – Here’s What Happened
30.12.2022
Shark Tank star Kevin O’Leary’s Twitter account was hacked on Thursday and started pushing a shady giveaway of Bitcoin and Ethereum.
The famed investor's Twitter account, which is followed by more than 982,000 users, sent out multiple tweets about a giveaway of 5,000 BTC and 15,000 ETH, with...
Mike Novogratz calls Helios a 'transformative acquisition' for Galaxy
30.12.2022
The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives
‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
29.12.2022
Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only...
Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin
29.12.2022
The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
29.12.2022
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy
Today in Crypto: MicroStrategy Exploring Bitcoin Lightning Network-powered Solutions, China to Launch a State-backed NFT Marketplace, Fiji Elects Pro-BTC Prime Minister
29.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: MicroStrategy Exploring Bitcoin Lightning Network-powered Solutions, China to Launch a State-backed...
Argo Blockchain sells Texas mine to Galaxy Digital to avoid bankruptcy
29.12.2022
Argo Blockchain, a top-tier mining company for cryptocurrencies, recently declared that it had reached an agreement with Galaxy Digital Holdings on a legally binding agreement that would benefit both parties. Argo Blockchain is prepared to sell Galaxy Digital Holdings its Helios facility in Dickens...
Blockchain analytics unable to prevent FTX-level illicit schemes
29.12.2022
Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner
Crypto Billionaires Winklevoss Twins Accused of Fraud and Securities Law Violations by Investors
29.12.2022
Crypto billionaires and founders of the Gemini cryptocurrency exchange, Tyler and Cameron Winklevoss, are being sued by investors over their interest-earning program Gemini Earn.
In a proposed class-action complaint filed Tuesday in Manhattan federal court, crypto investors accused the Winklevoss...
BMW taps Coinweb and BNB chain for blockchain loyalty program
29.12.2022
BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program
Beosin partners with Lemonchain to secure the blockchain ecosystem
29.12.2022
Beosin is extremely pleased and takes enormous pleasure in announcing that they have officially formed a mutually beneficial partnership with Lemonchain. With this very partnership being set in position, it is both of the entities’ prime aim and intention to get actively involved in...
South Korean Hacker Stole $6.7m from Dead CEO’s Crypto Wallets
29.12.2022
A South Korean hacker stole $6.7 million from crypto wallets belonging to the deceased CEO of a business empire that included the crypto exchanges Korbit and Bitstamp.
Yonhap reported that a branch of the District Court in Eastern Seoul sentenced an unnamed 39-year-old man to six years in prison...
Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange
29.12.2022
In another installment of Sam Bankman-Fried’s legal woes in the aftermath of the collapse of crypto exchange FTX, the platform’s co-founder is now expected to enter a plea next week related to criminal charges he defrauded investors and stole billions of dollars in customer funds.
The disgraced...
Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
29.12.2022
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
In an announcement last week, the SEC said that he is departing his role at the agency effective January 31. Megan...
Gold-Based Digital Assets Issued in Russia
29.12.2022
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that the operation is a first. Russia’s Sber Bank Mints...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...
YouTuber: Logan Paul’s NFT ‘Game’ Is A Big Crypto Scam
29.12.2022
YouTuber and internet personality Logan Paul has found himself with a massive target on his forehead recently. Paul, who’s been on something of a redemption arc these last few years following the “suicide forest” fiasco in December 2017, is back in hot water after crypto investigator Stephen...
US Authorities Crack Down on Alleged Cryptocurrency Fraud Involving Mango Markets and Avraham Eisenberg
28.12.2022
US prosecutors have pressed criminal charges against a man accused of attempting to steal some $110 million last October by rigging crypto exchange Mango Markets, an entity run by the Mango decentralized autonomous organization (DAO). The individual is suspected of commodities fraud...
Researchers: Trust Will Return to Crypto Markets in 2023 – For These Reasons
28.12.2022
Researchers at the South Korean crypto exchange Bithumb have predicted that trust will return to crypto markets next year – and have outlined three key reasons shaping their thinking.
The exchange is one of the two biggest in the nation, and operates a dedicated analysis and research department...