Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return of the misappropriated bitcoins,” the lawsuit details. Coinberry Sues Users to Get Bitcoin Back Canadian cryptocurrency exchange…
Month: September 2022
Poolin Bitcoin Mining Hash Rate Cut – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. A few days ago, one of the largest Bitcoin mining pools, Poolin, suspended withdrawals from their wallet service, PoolinWallet, in an…
Methane Reduction Profitable Bitcoin Story – Bitcoin Magazine
This is an opinion editorial by Robert Warren, partner at Distributed Hash and business development at Upstream Data Inc. This is the story of a father and son team that began their journey looking for cheap energy but found themselves sitting on one of the largest waste energy sources in the industry. The natural gas industry has found itself a…
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability – Bitcoin News
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure and core, hiring in the…
Plan To Opt Out Use Bitcoin Privately – Bitcoin Magazine
This is an opinion editorial by Anthony Feliciano, a Bitcoin event organizer and consultant. Now to part two of my series on how our smartphones spy on us. You can find part one here. In this part I’ll talk about: De-Googling your mobile OS.Getting around SIM, eSIM and IMEI while still using your phoneBitcoin and Lightning Network apps that can…
Ethereum Successfully Deploys Final Network Test Before Merge
In the frenzied build-up to Ethereum’s much-anticipated merge, the network’s developers have deployed test after test to make sure everything goes smoothly when the second-largest cryptocurrency by market capitalization transitions to proof of stake sometime next week. Ethereum today successfully completed what its developers say is the absolute final dress rehearsal for the historic and massive upgrade, which is likely…
Terra Comeback? LUNA Surges 166% After LUNA Classic’s Own Rise
In brief Terra’s LUNA has climbed 166% in value today, as of this writing, following a sizable rise for LUNC (LUNA Classic) this week. The original Terra ecosystem collapsed in May. LUNA Classic is the original coin, while LUNA is a new coin from a rebooted blockchain network. The twin collapses of Terra’s UST stablecoin and LUNA cryptocurrency are widely…
Quentin Tarantino settles Miramax lawsuit over Pulp Fiction NFTs
Miramax sued the director in November last year after the base-layer blockchain provider Secret Network announced the auction of “uncut screenplay scenes” from the 1994 film as NFTs. The film studio claimed to own all rights to “Pulp Fiction,” except for those reserved for Tarantino, which excluded nonfungible tokens. The company was developing its own NFT strategy at the time.…
Warren, Sanders and Other Senators Demand Meta Do More to Combat Crypto Scams
As Facebook parent company Meta continues to build out its new metaverse venture, several U.S. Senators have asked CEO Mark Zuckerberg to prove that the social media giant is serious about combatting crypto scams on its platforms. On Friday, the group—led by Democrat Bob Menendez of New Jersey—issued a letter to Zuckerberg requesting that the firm provide information about its…
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option – Finance Bitcoin News
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months, the monetary authority says it will “actively promote” its digital currency for international settlements. Bank of Russia Seeks…