Weekly Bitcoin Fees Fall to Lowest Level in 8 Months: ITB.
Fees on the Bitcoin network have decreased by 18% this week after dropping 27% from the previous one. Transaction fees on the Bitcoin network have continued to decline months after…
Bail Denied for Tornado Cash Dev Alexey Pertsev Amid Money Laundering Conviction Appeal.
The 31-year-old Tornado Cash dev was recently sentenced to 64 months in prison.A Dutch court has denied bail for Tornado Cash developer Alexey Pertsev, who was convicted of money laundering…
Nigerian Court Sets Binance Tax Evasion Case for October.
A Nigerian Federal High Court has fixed October 11 as the date to announce its decision on the tax evasion case against the cryptocurrency exchange, Binance. The company is accused…
Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler
Judge Katherine Polk Failla remains unconvinced by Coinbase’s request to subpoena SEC Chair Gary Gensler’s personal communications. In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s…
House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path.
The United States House of Representatives has failed to overturn President Biden’s veto of a measure that would have nullified SEC guidance on crypto custody services.The Security and Exchange Commission’s…
Is Water Coin Endorsed By Messi A Scam or Legit?
Two popular football stars, Lionel Messi and Ronaldinho, recently endorsed the Solana-based memecoin, Water coin, which led to a surge in its value. On the other side, there’s a lot…
German Government’s Bitcoin Holdings Drop 90% to 6394 BTC.
The transfer to anonymous addresses, particularly those ending in “139Po,” “guzr4j” and “bc1qu,” has raised speculation. The German government’s Bitcoin wallet now holds just 6,394 Bitcoin, reflecting a 90% decrease…
SEC Eases Crypto Accounting Rules For Banks and Brokerages.
The Securities and Exchange Commission (SEC) has paved the way for banks and brokerages to sidestep reporting their customers’ cryptocurrency holdings on balance sheets. This follows the SEC’s new guidance,…
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split.
MicroStrategy will soon be far cheaper for smaller investors to gain exposure to. Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor,…
Key Shiba Inu Metrics Plummet as SHIB Price Heads South.
Shiba Inu (SHIB) saw a 2% price drop on July 12, along with declines in key metrics on the Shibarium network.Despite the downturn, technical analysis tools suggest a potential near-term…