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Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam
15.4.2021
A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion...
US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
14.4.2021
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016...
Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’
14.4.2021
The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”...
Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance
14.4.2021
While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset...
Bitcoin Price Captures a $64,895 High, Pantera CEO Says ‘BTC Rally Exactly Like Previous Halvings’
14.4.2021
Cryptocurrency markets have been surging during the last 24 hours, as billions of dollars have flooded into the crypto-economy. Bitcoin’s value touched an all-time high (ATH) once again on Wednesday morning (EST), reaching $64,895 per unit. The latest price rise is leading up to the upcoming...
Zignaly Lists on AscendEX
14.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the ZigCoin (ZIG) under the pair USDT/ZIG on Apr 15 at 1:00 p.m. UTC. Zignaly is a social, digital asset trading platform. They...
Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto
14.4.2021
Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s...
The Money Roundup: Making Cents of Blockchain Fundraising News
14.4.2021
From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring...
Singapore Crypto Exchange Bityard to Launch Its First Global Trading Contest
14.4.2021
PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually...
Kenyan Athlete and Olympic Champion Eliud Kipchoge Gets $40K in ETH After Auctioning NFTs of ‘Key Moments’
14.4.2021
Kenyan athlete and world record holder, Eliud Kipchoge recently auctioned off his first set of NFTs for a total of 17.9837 ethereum tokens. The auction, which was conducted on the NFT marketplace Opensea, includes some of the key moments in Kipchoge’s career. According to a report, one...
Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims
14.4.2021
The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to...
SEC Commissioner: Banning Bitcoin Is Like Shutting Down Internet — Government Would Be ‘Foolish’ to Try
14.4.2021
SEC Commissioner Hester Peirce compares banning bitcoin to shutting down the internet, stating that governments would be foolish to try. She also offers some insights into whether the SEC will approve a bitcoin exchange-traded fund (ETF) this year. Governments Would Be Foolish to Try to Ban Bitcoin...
Latest Episode of The Simpsons Prices Bitcoin at ‘Infinite’ as the Crypto Consolidates Above the $60K Threshold
14.4.2021
Bulls are taking the reins of the price action in the bitcoin across the board, making a solid breakout above the $60,000 threshold, reaching new all-time highs, and it seems The Simpsons “did it again.” In a new episode broadcasted on Sunday, BTC is highlighted in a ticker news feed...
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
13.4.2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...
How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
13.4.2021
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos...
US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...
Bitcoin Price Taps New All-Time High, Analyst Says ‘Fertile Grounds for BTC to Take a Fresh Leg Up’
13.4.2021
The price of bitcoin has crossed a new all-time high (ATH) on Tuesday, as the leading crypto asset has jumped to $63,275 per unit during the early morning trading sessions (EST). At the time of publication, the entire market economy with over 9,203 cryptos is valued at $2.153 trillion with $164...
TIME Magazine Gets Into Bitcoin: Partners With Grayscale, Will Hold BTC on Balance Sheet
13.4.2021
TIME Magazine will be holding bitcoin on its balance sheet, the company’s president has confirmed. TIME is also partnering with Grayscale Investments to produce a video series on cryptocurrency and has agreed to be paid in bitcoin. TIME Magazine Will Hold Bitcoin on Balance Sheet TIME...