Crypto news

Lux Vending – doing business as Bitcoin Depot – has reportedly filed a lawsuit against the sheriff’s office of McLennan County, Texas, accusing it of unlawfully seizing $15,000 from a BTC automated teller machine (ATM). The authorities confiscated the amount to compensate an elderly victim who had become a victim of a cryptocurrency scam. Bitcoin Depot ‘Can Go to Hell’ According to local coverage, the whole drama started at the end of April when an 82-year-old Crawford woman...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In the long run, the banking crisis that we’re presently seeing has helped assets like bitcoin and Ethereum really step into the limelight and do much better than they did in 2022. However, Charles Hoskinson – the co-founder of Ethereum and the creator of ETH rival Cardano – recently stated that he thinks the...

The Texas State Securities Board filed an emergency cease and desist order against crypto trading platform Abra and its Chief Executive Officer Bill Barhydt. The watchdog claimed that the company misled its customers and committed securities fraud by offering some of its products, such as Abra Earn. The regulator added that the firm has been “secretly transferring assets” to Binance, noting that the US SEC has recently targeted the world’s biggest crypto exchange. Insolvent...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bob Ras is a blockchain executive and the co-founder of the distributed ledger company Sologenic. Bob Ras on Where BTC Will Go In a recent interview, Ras explained his thoughts on the present banking crisis and what outcome it’s likely to hold for bitcoin in the long-term. He said: As big banks have been...

One of the most popular on-chain crypto sleuths, going by the Twitter handle ZachXBT, said he was being sued for an article he posted last year. The researcher said he is not wealthy, unlike the person suing him, and needs the community’s support for his defense. That support has been quite impressive so far. ZachXBT took to Twitter yesterday evening to inform that he was being sued by “MachiBigBrother” for an article published a year ago. The story itself names Jeff Huang...

6 neue DeFi Token wurden zu Bitpanda hinzugefügt In a new leap towards global blockchain adoption, Swift has announced that it is trialling the transfer of tokenised assets on Ethereum. The move is a direct response to the escalating digitised demands of global finance with Swift aiming to bolster efficiency, transparency, and costs for customers by embracing distributed ledger technology. The initial phase will see Swift explore token transfers...

Bitcoin registered two consecutive days of price increases for the first time in a while as it pumped from under $25,000 to just shy of $27,000 within this timeframe. ETH’s performance is rather similar, as the second-largest crypto now sits at $1,750. Most other altcoins are in the green as well. BTC Soars to Weekly High The SEC’s lawsuits against Binance and Coinbase took their toll on the cryptocurrency market, with BTC slumping last week to $25,400, even though it wasn’t...

After several days of depressing price movements, bitcoin finally went on the offensive and shot up by almost $2,000 in the past 24 hours to register its highest price tag since June 8. Expectedly, this has resulted in millions of dollars worth of liquidations, with short positions representing almost 80%. Following the SEC’s lawsuits against the two largest crypto exchanges – Binance and Coinbase – as well as the CPI numbers from Wednesday and the Fed’s pivot from its...

Binance is also preparing a BNB Chain layer-2 scaling solution to improve network transaction speeds and costs. Separately, the firm announced on June 15 that Binance Pool has launched a “Bitcoin Transaction Accelerator.” The new solution will allow users to confirm their transactions on the Bitcoin network quicker regardless of any potential network congestion issues, it noted. Binance Pool is the exchange’s service platform dedicated to improving the income of BTC miners....

The authorities of Montenegro reportedly consider extending Do Kwon’s custody in the country for another six months before taking an official decision on his possible extradition. The homeland of Terraform Labs’ co-founder – South Korea – and the world’s biggest economy – the United States of America – have both requested his deportation. The Montenegrin police arrested the 31-year-old developer in March this year after he was supposedly on the run for several months,...