A number of supposed Open Exchange (OPNX) investors have been blasted by the CEO of the crypto claims trading platform after some publicly distanced themselves from the project after being named as backers. On April 22, OPNX’s CEO Leslie Lamb tweeted that the behavior of the firms was “disgusting” and “disappointing” saying they “want all the upside with little to…
Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will hit the global economy hard,” the spokesperson for Russian President…
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. Source: https://cointelegraph.com/public/index.php/news/celsius-auction-has-gemini-and-coinbase-as-new-bidders-report
Last year in July, it was widely reported that the now deceased, enigmatic tech magnate John McAfee’s body was still in a Spanish morgue for a full year after his untimely demise. McAfee’s widow, Janice, has taken to social media to voice her distress over the extended delay in the release of his remains. It is a matter of great…
It took a few days for the team at Trust Wallet to patch a vulnerability that put users’ funds at risk and release the necessary fix. But the popular crypto wallet didn’t publicly acknowledge the issue for months, and says even now that affected users will need to move to a new wallet address to protect their funds. On Saturday,…
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini and Coinbase are among the companies participating in the bids. Court documents show that one of the consortium is Fahrenheit, backed by venture capital firm Arrington Capital, which…
Bitcoin (BTC) is on target to finish the week with a sharp fall of around 9%. This suggests that some traders may be booking profits in fear of a resumption of the downtrend. Analysts expect Bitcoin to reach the $26,600 to $25,000 zone where buying interest may pick up. When an asset emerges from a bear market, it tries to…
Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had “moved on to other things” and confidently asserted that the project was entrusted in “good…
Public sector employees in the Chinese city of Changshu will start receiving their salaries in central bank digital currency (CBDC) next month, as China’s rollout of the financial technology continues apace. The new initiative will impact employees like doctors, teachers, and journalists, according to the South China Morning Post. Located less than 100 miles from Shanghai, Changshu City is home…
Decentralization may be core to crypto’s DNA, but the same cannot be said about people’s preferences when engaging with digital assets, said Arthur Hayes. The distribution of decision-making and control is an essential component of Satoshi Nakamoto’s vision for Bitcoin in 2008, well before the dawn of the digital assets industry. But Hayes, the former CEO of cryptocurrency exchange…
