…combined spending power and unprecedented cultural influence that dwarfs the influence of any other community. Culture drives commerce, which is why we need to actively educate and onboard these communities…
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Three crypto firms are down bad this week, and things may get worse
…thanked unnamed people for their patience and support, without commenting on reports the company has hired restructuring attorneys. The company had $12 billion in assets under management as of May….
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
…suit alleges Coinbase was negligent for failing to conduct due diligence of Terraform Labs before it listed TerraUSD and misrepresenting TerraUSD’s risk as an algorithmic stablecoin. The suit compares the…
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
…“1Hdo8D.” The 2010 spends were caught by the blockchain parser btcparser.com and in all four addresses, the owner did not spend the associated bitcoin cash (BCH) and bitcoinsv (BSV) as…
Almost 70% of Bitcoin millionaires were wiped in H1 2022
…of more than $1 million were 26,284, according to BitInfoCharts.com statistics. Bitcoin millionaires. Source: BitInfoCharts.com Meanwhile, 4,342 of the addresses had a combined balance of approximately $10 million or more….
Bitcoin price spikes to $20K as whale bought BTC confirms support
…Tradingview.com $20,000 briefly reappears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $20,085 on the day, its best performance since June 30. The pair had spent most…
Blockchain-based solutions aim to address US disaster relief
…a state regulator individually is time-consuming and costly. In addition, when commercial agencies are contracted to help perform this reporting on behalf of insurance companies, the data is not accessible…
UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility
…Alex Crognale also receive their income in Bitcoin. UFC has forged several partnerships with crypto companies. In April, UFC joined forces with crypto exchange Crypto.com, enabling fighters to receive their…
UK parliamentary group calls for submissions in new crypto asset inquiry
…Authority (FCA) and the Bank of England. The new inquiry comes at the heels of the U.K.’s Treasury Committee also opening an inquiry into the crypto industry. Lisa Cameron, MP…
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
…long-term acceptance. “I’m not expecting it to have substantial, long-term adoption,” Buterin stressed. The Ethereum developer and co-founder also talked about Ethereum Classic (ETC) and Buterin complimented the ETC community….
