Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch
News

Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch – Exchanges Bitcoin News

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…

Continue Reading

P2Pool Bitcoin Mining Decentralization - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
News

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…

Continue Reading

mysten labs
News

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…

Continue Reading

Ethereum Successfully Deploys Final Network Test Before Merge
News

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…

Continue Reading

Quentin Tarantino settles Miramax lawsuit over Pulp Fiction NFTs
News

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.…

Continue Reading

Warren, Sanders and Other Senators Demand Meta Do More to Combat Crypto Scams
News

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…

Continue Reading

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option
News

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…

Continue Reading