Crypto news

Do Kwon, who was recently arrested in Montenegro after evading authorities for months, claimed that he had no idea the Costa Rican passport he was traveling with was fake. He admitted that he received the passport from an agency in Singapore. Ever since the catastrophic collapse of the Terra ecosystem a year ago, Do Kwon, the person behind the protocol, has been blamed by many for his role. Although he claimed he was not trying to escape from the authorities, his location was...

NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs. The latest capital infusion will be deployed to accelerate the product roadmap of Mnemonic amid rising demand for deeper on-chain insights by expanding the suite of APIs. Mnemonic’s CEO and Co-founder, Andrii Yasinetsky, revealed that the capital funds the company’s “ambitious...

After being sued for operating illegally in February 2023, CoinEx, a Hong Kong-based cryptocurrency exchange, has reached an agreement with the office of the New York Attorney General, which includes a payment of over $1.7 million and a ban from offering its services in New York. The recovered funds will go into penalties and refunds to New York investors. CoinEx to Refund Over $1 Million In a press release from the New York Attorney General’s (NYAG) office CoinEx agreed to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Former Twitter head and current chief executive of Block Jack Dorsey has pledged a $10 million donation to a non-profit called Open Sats. The money is slated to be fully, 100 percent put towards a bitcoin-focused social media network. Jack Dorsey Gives a Lot of Money to Open Sats Dorsey has long been a bitcoin...

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...