Blockchain news

Decline In Ethereum Futures On CME Suggests Institutional Investors Are Still Bearish

Institutional investors have been bearish toward Ethereum for a while now. There have been outflows rocking the digital asset until it ended its 11-week streak with inflows for last week. However, this does not mean that positive sentiment had returned entirely to the cryptocurrency once more. The numbers on the CME show that institutional investors […]

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Regulation Updates

Former Monero maintainer Riccardo 'Fluffypony' Spagni to surrender for South Africa extradition

Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. 761 Total views 38 Total shares Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after […]

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NFT Stream

NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues

Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. 505 Total views 13 Total shares Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs […]

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Market Analysis

Celsius Exploring Solutions for Liquidity Crisis

The company says it is exploring strategic transactions and liability restructuring. Key Takeaways Celsius has announced that it is exploring plans to help it regain solvency amidst its ongoing liquidity crisis. Celsius says that it is exploring strategic transactions, liability restructuring, and other courses of action. The company suspended withdrawals, swaps, and transfers on Sunday, […]

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Altcoin News

Analysts identify 3 critical flaws that brought DeFi down

The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space.  The dust has yet to settle, but a steady flow of details is allowing investors to piece together a picture that highlights the systemic […]

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Market Analysis

BlockFi CEO Denies Company Will Be Sold for $25M

Sam Bankman-Fried may or may not be adding BlockFi to his growing crypto empire. Key Takeaways BlockFi CEO Zac Prince “100%” denies that the company is being sold for $25 million to FTX. A sale at this price would mark a 99.5% discount for the company, which was valued at $4.8 billion in July 2021. […]

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Market Analysis

$4B Crypto Scammer Added to FBI’s Most Wanted List

CryptoQueen has been on the run for more than five years. Key Takeaways The FBI is adding OneCoin cofounder Ruja “CryptoQueen” Ignatova to its Ten Most Wanted List. Prosecutors believe OneCoin defrauded investors of more than $4 billion. Ignatova disappeared in 2017; her whereabouts are still unknown. Ruja Ignatova has been added to the FBI’s […]

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Altcoin News

Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high

The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fundamentals to warrant buying Solana (SOL) at its current value.  […]

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Bitcoin News

CFTC brings $1.7B fraud case involving Bitcoin against South African national

“The defendants misappropriated, either directly or indirectly, all of the Bitcoin they accepted from the pool participants,” said the CFTC. 2590 Total views 20 Total shares The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what the regulatory body called its “largest fraudulent scheme involving […]

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Bitcoin News

Bitcoin nears worst monthly losses since 2011 with BTC price at $19K

Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. 4325 Total views 41 Total shares Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. […]

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