Crypto news

A Newport resident who accidentally disposed of a hard drive containing 8,000 Bitcoin (BTC) is looking to file a lawsuit against the city’s local council for refusing to accept his request to dig up a landfill site for the lost crypto treasure. The investor has been trying to get his Bitcoin excavated for a decade, but local authorities believe this venture will harm the environment. Legal Measures to Retrieve Lost Bitcoin Stash James Howells has resorted to going the legal...

The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India. However, the company remains committed to the Asian country despite the recent rumors that it might pull out of the local market. No More Sign-ups According to a TechCrunch report, Coinbase has prohibited new sign-ups in India in June this year. A spokesperson of the firm shed more detail: “We stopped allowing new user sign-ups on our exchange product in...

Over the past year, FTX has filed numerous lawsuits against previous business partners, attempting to claw back funds allegedly spent without justification or in subprime deals. Often, these funds were indeed spent on a whim, whether at networking parties or, presumably, gaming. However, LayerZero’s CEO Bryan Pellegrino argued that this could not be farther from the truth in this case. Multimillion-Dollar Lawsuit In the lawsuit filed on the 8th of September, FTX’s new...

The crypto community on X (Twitter) was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC (over $500,000) in transaction fees to move just 0.074 BTC (worth less than $2,000 at current rates). The payment went to the Bitcoin mining pool F2Pool that generated the valid block. The team behind the entity revealed that the transaction will be put on hold for three days in case the person or organization who conducted it wants to claim it back. Otherwise,...

Künstliche Intelligenz ist die Simulation menschlicher Intelligenz in Maschinen, die lernen, schlussfolgern und Entscheidungen treffen können. Die digitale Revolution hat zwei Technologien hervorgebracht, die das Potenzial haben, Industrien zu transformieren und unsere Art zu arbeiten, zu leben und zu interagieren grundlegend zu verändern: Blockchain und Künstliche Intelligenz (KI). Die Kombination dieser beiden Technologien wird von Startups...

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which is an emerging concept that has yet to gain much traction in mainstream crypto discussions....

Bitcoin slid to $25,000 on Monday, after a period of flat trading over the weekend at roughly $25,800. Other digital assets followed suit, with XRP down 6% on the day to just $0.47. The drop marks Bitcoin’s lowest price level since mid-June when the asset reeled from back-to-back U.S. government lawsuits against two of the world’s largest crypto exchanges, Coinbase and Binance. The asset rallied when BlackRock filed for a Bitcoin spot ETF days later, and again when Grayscale...

The ongoing case between the United States Securities and Exchange Commission is one that the entire cryptocurrency community has its sights set on. But, for some reason, it’s just as polarizing. There doesn’t seem to be room for a middle ground, as it’s always been a make-or-break type of situation. Now, however, one user has decided to bring up the question of a settlement. In a discussion on X, Marc Fagel – a former SEC Regional Director, chipped in on the ongoing dispute...

Satoshi Nakamoto is the pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Everyone in the crypto community has admiration for this man (or woman). They see him (or her) as the revolutionary creator of an asset that could change the way the world does finance, but according to Brad Sherman – a congressional democrat from California – Nakamoto is a fraud and not very innovative. Brad Sherman Isn’t a Crypto Fan In a recent...

Prominent blockchain investigator ZachXBT has yet again accused four popular crypto traders of a pump-and-dump scheme. At the center of the controversy are – TraderNJ, PetaByte, XO, and Trader SZ – who allegedly profited from the gains at the expense of their followers. There are many telltale signs of a pump-and-dump scheme. The crypto industry, for one, is swarmed with influencers who continuously “take shady promotion deals without any level of transparency, hurting both...