Someone impersonating a Coinbase employee scammed more than 200 BTC from a California resident. In response, a group of officials filed a civil complaint in the US District Court for the Central District of California. The complaint claims that they found four wallets holding almost $10 million USDT that was involved in fraud and money laundering.
The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance.
The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it clear that only if SEC agrees that XRP is not security quite similar to Ether, they would go for the settlement.
Altcoin Daily host Austin Arnold is listing three altcoins that he says are “about to go crazy”.
In a new video, Austin tells his one million YouTube subscribers that the altcoins in question are Dfinity Foundation’s Internet Computer (ICP), the bridge currency XRP, and blockchain oracle network Chainlink (LINK).
Both Bitcoin and Ethereum have long challenged each other for the top spot in the market. Irrespective of Bitcoin leading in terms of market capitalization, Ethereum has stood firm, despite BTC holding its fair share of dominance.
Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital collectible series Cryptopunks have collectively captured over $10 billion in sales.
Hong Kong has many homegrown crypto-platforms like FTX, Bit-Z, Amber, and Bitspark, among several other startups. However, lately, the city is losing its sheen as a premier crypto-marketplace. This opinion holds particular significance now, especially since FTX CEO Sam Bankman-Fried revealed that the exchange is changing its base from Hong Kong to the Caribbean.
Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close.
An executive of the People’s Bank of China (PBOC), Wen Xinxiang, has explained why crypto adoption is a problem for the Asian country.