Crypto news

The residents of Texas can now settle their solar panel bills in various cryptocurrencies, including the popular memecoin Shiba Inu (SHIB).  Numerous analysts have previously argued that mass adoption is among the essential factors in increasing the price of the coin. Paying Bills in SHIB The offering became available after the blockchain payment system FCF Pay partnered with Chariot Energy (a solar energy company based in Houston, Texas). Locals are allowed to use hundreds...

Remilia Corporation’s Creative Director and Artist, Sprite Bonkler, has announced that Remilia’s co-founders have filed a lawsuit against one of Milady’s founders, Charlotte Fang, and the Delaware Limited Liability Companies (LLCs). Charlotte has been accused of orchestrating a plan to take over Remilia’s functions, resources, and a vast collection of important digital assets. Allegations Against Charlotte Fang Remilia Corporation’s co-founders, the DAO behind the Milady...

John E. Deaton – a US attorney who represents thousands of XRP investors in the lawsuit between Ripple and the SEC – criticized the agency for one of its latest moves.  Specifically, the regulator opposed a reorganization plan presented by Coinbase, according to which customers of the now-bankrupt crypto lender Celsius Network could be reimbursed for their losses. The SEC has Turned Into a ‘Threat to Retail Investors’ The leading cryptocurrency exchange Coinbase...

Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the final destination being Mexico. Elliptic Uncovers Illegal Fentanyl Network In the...

A woman nearly lost $16,000 after falling victim to a crypto scam. The money likely would have been gone forever if it wasn’t for the police force at Stevens Point, as well as the firefighters of the region and UPS. Woman Nearly Loses Money to Crypto Thieves The woman, who remains unnamed at the time of writing, is 79 years of age. Many crypto scammers are under the impression that they can victimize people who are elderly given they’re less likely to understand...

The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed the engagement of hundreds of thousands of users. OKX’s 11th Proof of Reserves report As per the recently released...

The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to exchange funds between fiat currency and the USDC stablecoin. The MoneyGram wallet confirms the payment company’s interest in crypto. According to...

[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to the importance of adding them to the fleet of available payment methods on 1xBit. Benefits of Arbitrium Here are a few pros of Arbitrum that should make you consider using...

Bit Deer Technologies Group is opening a new crypto mining facility in the Asian country of Bhutan. Bit Deer Sets Its Sights on Asia Bit Deer is a crypto mining firm based in Singapore. Founded by Chinese billionaire Jihan Wu, the company stated that it has recently finished power testing the facility and it will open its doors for BTC extraction purposes. Linghui Kong – the CEO of Bit Deer – said in a recent statement: Our Gedu data center, nestled in the serene...

The success highlighted by the feat reinforces the popularity of WaaS. Web3 infrastructure provider Particle Network has said that its rollout of Wallet-as-a-Service (WaaS) V2 is proving to be a huge success. According to a recent press release, the company saw more than 15 million wallet activations in under a year since it launched the service. The success highlighted by the feat reinforces the popularity of WaaS, but more importantly, it is also a testament to the ever-growing demand...