Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...
Read More »11 Years Ago, Satoshi Dropped a Final Message: “There’s More Work to Do”
It is no secret that Satoshi Nakamoto, the father of Bitcoin, is still one of the biggest unsolved mysteries within the crypto space, as no one knows if the pseudonymous tag belongs to a single person or a group. A Final Message From Satoshi Interestingly, December 12, 2010, eleven years ago, was the last time anyone heard from Satoshi publicly after they left a final message telling early members of the Bitcointalk forum that there’s still a lot of work to be done to improve...
Read More »German Savings Banks Association May Offer A Crypto Wallet in 2022
German Savings Banks Association – a network of over 400 savings banks throughout Germany – may allow customers to start trading cryptocurrencies from their accounts in 2022. As the market leader among Germany’s financial institutions, the service could give easy crypto access to more than 50 million people. Adopting Crypto Services As reported by the German magazine “Capital”, the concept is being prepared by a dedicated team at S-Payment – an IT service provider. It will...
Read More »Robert Kiyosaki Believes BTC Will Crash Miserably
Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – believes that a huge market crash is coming, and that bitcoin – along with many other assets, such as gold and silver – will come to a screeching halt rather soon. Robert Kiyosaki – The Market Will Suffer Kiyosaki suggests that a huge economic downturn is on the horizon, and he’s looking to invest all he can when the supposed crash occurs. In a series of tweets, he commented: Crash and depression coming. Gold,...
Read More »Le FMI redoute la « cryptoïsation » de « certains pays émergents »
Dans un article publié le 9 décembre dernier, le Fonds Monétaire International estime que « certains pays émergents et pays en développement » sont exposés « à des risques de substitution de leur monnaie par des cryptoactifs » et que ces risques pourraient « menacer la stabilité financière ». En conséquence l’institution en appelle, sans trop y croire, à la mise en place d’une réglementation mondiale...
Read More »More People Familiar With Dogecoin Than Ethereum, Says Grayscale Study
The power of memes is nothing to scoff at. According to Grayscale’s third annual Bitcoin Investor Study, Dogecoin is the most well-recognized altcoin. 74% of those surveyed have heard of the meme coin, compared to just 56% that have heard of Ethereum. Bitcoin is still king, however, recognized by 99% of investors. Awareness Around Altcoins Grayscale’s end-of-year study examines investor “perspectives and attitudes” around Bitcoin. However, it also covers some comparative...
Read More »Anonymous Whale Purchases a Whole Lotta Bitcoin
The world’s third largest holder of bitcoin has just bought up a whole lot more. It appears the anonymous whale has purchased as much as $150 million in new BTC units. The news came from Bit Info Charts, a blockchain monitoring service, and suggests the whale bought into bitcoin’s recent dip. A Whale Has Purchased Quite a Bit of BTC At the time of writing, the world’s number one digital currency by market cap has lost quite a bit of momentum. The asset has fallen to...
Read More »Bitcoin Supply Now Up to 90% of Hard Cap Set by Satoshi
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Stellar Lumen (XLM) Price Remains At Risk of More Losses
Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...
Read More »Deutschland: Sparkassen starten 2022 mit Bitcoin?
370 verschiedene Sparkassen gibt es in Deutschland. Hier die Sparkasse Barnim im brandenburgischen Eberswalde. Foto by Daniela Kloth, / GFDL 1.2 Lizenz In Deutschland sind die Sparkassen in der Regel gemeinnützige öffentlich-rechtliche Universalbanken in kommunaler Trägerschaft. Daneben bestehen noch fünf Freie Sparkassen in nicht kommunaler Trägerschaft, die ebenfalls der Gemeinnützigkeit verpflichtet sind. Oder einfacher gesagt, in Deutschland...
Read More »