Cryptocoins News / EthereumWorldNews - 1 year ago
The U.S. Justice Department is seeking Sam Bankman-Fried’s incarceration over his role in the NYT’s controversial article.& The New York Times recently published an article with the private writings of former Alameda CEO Caroline Ellison.&...
Cryptocoins News / EthereumWorldNews - 1 year ago
Matter Labs has denied allegations of source code plagiarism made by Polygon.& Polygon previously accused Matter Labs of copying part of its open-source code without giving due credit.In response, Matter Labs claimed it had sufficiently attribut...
Cryptocoins News / EthereumWorldNews - 1 year ago
Coinbase’s revenue in the second quarter of 2023 exceeded market estimates by over 12%.The crypto exchange posted a net loss of $97 million and positive adjusted EBITDA of $194 million in Q2.& The interest income from the USDC stablecoin came in...
Cryptocoins News / EthereumWorldNews - 1 year ago
Curve Finance founder Michael Egorov has offloaded 72 million Curve Dao Tokens since last week’s exploits.& Egorov has managed to reduce his $100 million debt, collateralized with 427 million CRV, by 21%.& Earlier today Curve’s crvUSD stable...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto exchange Coinbase plans to increase access and functionality of its L2 network Base by August 9.The company announced an Ethereum bridge to allow users to send tokens to and from the Base chain.Included in the official mainnet launch are comm...
Cryptocoins News / EthereumWorldNews - 1 year ago
The crypto exchange upgraded its type 1 and type 7 licenses to include services approved for Hong Kong retail customers. Haskkey’s former license only permitted the entity to do business with professional investors in the city-state. Hong Kong...
Cryptocoins News / EthereumWorldNews - 1 year ago
Litecoin completed its third halving event on 2 August. Its LTC coin has, however, failed to react positively. Litecoin [LTC] failed to log any significant price reaction following the network’s third halving event yesterday. At press time, the coi...
Cryptocoins News / EthereumWorldNews - 1 year ago
The U.S. SEC has reportedly indicated an inclination to consider Ethereum Futures ETFs.& The change in the regulator’s stance comes after multiple applications over the past week.& TradFi and crypto giants, including Grayscale and VanEck, ha...
Cryptocoins News / EthereumWorldNews - 1 year ago
The U.S. Department of Justice is reportedly considering fraud charges against Binance.& Federal prosecutors are concerned about the possibility of a bank run on the exchange.& The prosecutors may hit the exchange with fines or come to non-p...
Cryptocoins News / EthereumWorldNews - 1 year ago
KuCoin has announced that it will halt its mining pool starting August 15, 2023.& The crypto exchange will temporarily suspend pools that support Bitcoin and Litecoin mining.& The exchange clarified that users would retain access to their cr...
Cryptocoins News / EthereumWorldNews - 1 year ago
Despite increased regulatory activity, DeFi index price, led by Compound [COMP] and MakerDAO [MKR], has rallied by 56% since 11 June, Glassnode found in a new report.& Glassnode’s DeFi price index tracks the performance of the top eight DeFi tok...
Cryptocoins News / EthereumWorldNews - 1 year ago
The Securities and Exchange Commission declared HEX and two other crypto projects led by Richard Heart as unregistered securities in a lawsuit.Heart allegedly raised $1 billion from HEX, PulseChain, and PulseX since 2019, per the SEC’s claims...
Cryptocoins News / EthereumWorldNews - 1 year ago
Worldcoin signups in Kenya were suspended on Wednesday pending investigations into privacy concerns and public risk posed by the project, said the Ministry of the Interior.Sam Altman’s iris-scanning project previously named Kenya’s capit...
Cryptocoins News / EthereumWorldNews - 1 year ago
MicroStrategy reported revenue of $120 million and gross profit of $93 million in Q2 ‘2023.& The company incurred an impairment charge of $24 million on its 152,333 BTC worth $2.3 billion.& The Michael Saylor-led firm acquired 12,800 BTC in...
Cryptocoins News / EthereumWorldNews - 1 year ago
Defunct crypto lender Voyager Digital has become the target of a scam amid its bankruptcy proceedings.The scams were designed to extract data from Voyager’s customers who were awaiting repayment from the firm.& Law enforcement agencies and bankr...
Cryptocoins News / EthereumWorldNews - 1 year ago
Justin Sun’s Tron Group has posted a profit of $85 million for the second quarter of 2023.& The group saw a growth of 183% in its quarter-on-quarter (QoQ) profit thanks to cost-cutting measures.Sun projected revenue of $200 million for Q3, with...
Cryptocoins News / EthereumWorldNews - 1 year ago
Curve founder Michael Egorov has sold over 39 million CRV to investors and entities in over-the-counter deals.Egorov received $15 million in USDT so far for selling CRV at a discounted price of $0.40, per DeFi analysts LookOnChain.Sources said the O...
Cryptocoins News / EthereumWorldNews - 1 year ago
Binance Japan will offer 34 cryptocurrencies for spot trading at launch including BNB, the largest basket of options in the country. Users with accounts on the global exchange can apply for migration from August 14.Trading for migrated customers wil...
Cryptocoins News / EthereumWorldNews - 1 year ago
A New York judge has rejected the ruling regarding XRP by Judge Analisa Torres in SEC v Ripple.& The decision to reject the Ripple precedent will allow the SEC to pursue the fraud lawsuit against Do Kwon and Terraform Labs.& Kwon and Terrafo...
Cryptocoins News / EthereumWorldNews - 1 year ago
During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from t...
Cryptocoins News / EthereumWorldNews - 1 year ago
Stablecoin giant Tether recorded an operational profit of more than $1 billion in the second quarter of 2023 The USDT issuer’s consolidated assets exceed its consolidated losses, leaving an excess reserve of $3.3 billion. Most of the stablecoi...
Cryptocoins News / EthereumWorldNews - 1 year ago
The price of BALD sharply tumbled from 9 cents to 1 cent on Monday after developers withdrew 6,800 ETH from the liquidity pool on LeetSwap.On-chain data showed that developers began adding Ether back to the token pool in small tranches after the mas...
Cryptocoins News / EthereumWorldNews - 1 year ago
During the trading session on 27 July, LINK traded above $8 due to a spike in whale transactions. LINK whale accumulation has climbed significantly in the last month. Positive funding rates suggested that more traders were placing bets in favor of t...
Cryptocoins News / EthereumWorldNews - 1 year ago
Curve Finance confirmed exploits on four pools including CRV/eth, alETH/eth, msETH/ETH, and pETH/ETH following the weekend’s multi-million dollar hack.The DeFi exchange warned of a potential attack on Arbitrum’s tricrypto pool although develop...
Cryptocoins News / EthereumWorldNews - 1 year ago
Dubai’s virtual assets regulator has granted an operational MVP license to Binance.& The crypto exchange can now offer crypto exchange and broker-dealer services to institutional and qualified retail investors.& The crypto giant expects the...
