Crypto news

When it comes to crypto, we’re witnessing a wide array of new elements that have not been witnessed before. We are seeing several companies – from Celsius to Voyager Digital to Three Arrows Capital – filing bankruptcy and taking drastic measures to protect themselves from incoming volatility and other market-based problems, and there’s a lot at stake. Bankruptcy Is Becoming Too Common Situations like these are really bringing the space down. People are now viewing crypto...

Sasha Hodder – founder of Hodder Law Firm – has mentioned the U.S. trustee overseeing the Celsius Network bankruptcy proceedings is seeking the aid of an independent examiner due to the company not being transparent enough. Is Celsius Trying to Hide Something? Right now, Hodder is saying that the company and its CEO Alex Mashinsky have not been fully clear or honest about what kind of creditors are owed money, nor have they gone into detail about how much is owed. She...

The Department of Justice (DOJ) of the United States created a unit consisting of over 150 federal prosecutors whose goal will be to combat cryptocurrency-related criminal activities. In addition, the government plans to introduce a set of regulatory frameworks that should aid the development of the local digital asset sector. Earlier this year, the DOJ established another division, called “National Cryptocurrency Enforcement Team” and appointed cybersecurity prosecutor – Eun...

The announcement that the Ripple vs SEC case would soon be settled led to a significant XRP price boost over the last few days. The below chart shows the highest volume traded in XRP since June 30 as a result of buying pressure. Technical Analysis By Grizzly The Daily Chart After bottoming out in June at roughly $0.28, the price of XRP surged by more than 30%. This mini-rally resulted in another attempt to break the key horizontal resistance at $0.4 (in red). However, so far,...

Cryptocurrency is widely touted as a means of helping black Americans gain access to financial opportunities they otherwise wouldn’t have. However, there are a lot of skeptics out there that say crypto is not doing what it claims. Some Black Investors Don’t Think Crypto Does Enough Cryptocurrency is built on the notion of financial freedom. It is widely stated that those who have been cut off by standard banking institutions or similar enterprises can find use through...

After reports emerged indicating that South Korean authorities have issued an arrest warrant for Terra’s co-founder, he finally broke the silence, claiming he is cooperating with several global watchdogs. At the same time, Singaporean police said Kwon is not in the city-state despite multi previous suggestions that he was hiding there. CryptoPotato reported earlier this week when news came out from South Korea that the authorities had issued an arrest warrant against the...

After the recent volatility and price declines, bitcoin finally saw some relief by touching $20,000. Most altcoins have seen slight gains as well. Once again, though, Ripple stands out as the best performer from the larger-cap alts, while ApeCoin has soared by 16%. BTC Back at $20K It’s safe to say that the past week or so didn’t go all that well for the primary cryptocurrency. The asset had spiked to a multi-week high at just under $23,000 on September 13, but the overall...

In a new move carried out by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), multiple sanctions were handed out due to the accused’s ransomware activities. Ten Individuals and two shell companies known for extorting US businesses and infrastructure providers have been sanctioned, prohibiting all commercial activities with the designated parties – in cryptocurrency or otherwise. In tandem, the DOJ has also launched criminal charges against three...

INTERNET CITY, DUBAI, Sep. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Monkey King (WUKONG) on September 16, 2022. For all users of LBank Exchange, the WUKONG/USDT trading pair is now officially available for trading. As a DApp and crypto platform based on Ethereum, Wukong Finance provides yield farming, staking pools and bushes that enable users to earn tokens, while offering fun games and NFTs for users to play and earn. Its native...

INTERNET CITY, DUBAI, Sep. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed Solas (SOLAS) on September 15, 2022. For all users of LBank Exchange, the SOLAS/USDT trading pair is now officially available for trading. Combining healthcare and blockchain, Solas (SOLAS) creates a smart healthcare network where users can achieve higher accessibility and safer and consistent data management. It’s native token SOLAS has been listed on LBank Exchange...