BitConnect owner Accused of Crypto Fraud of about $2 Billion
Kumbhani is also accused of fraudulently increasing the price of BCC tokens.The trial date for this case is set for May.According to the U.S. Attorney’s Office in San Diego, a…
Japanese Company Rakuten Launches Marketplace for NFT
The NFT explosion and adoption rallied high last year following the NFT sales starting from “Beeple”. Following that, many institutional investors and big companies began to invest in Non-Fungible Tokens…
Coinbase Continues Buying the dip even as crypto Market nose dive
Coinbase said that it has acquired an additional $350 million in cryptocurrencies.The exchange would be investing 10 percent of all revenues going forward in crypto.In August, Coinbase acquired $500 million…
India’s recently published Crypto Advertising Guidelines
The Advertising Standards Council of India (ASCI) published Wednesday “guidelines for advertising and promotion of virtual digital assets and services.” The guidelines are applicable to all advertisements related to virtual…
Kazakhstan State Shuts Down 13 illegal Crypto Mining Farms
Thousands of citizens took to the streets in early 2022 to protest rising power bills.Kazakhstan promised to tighten down on unregistered cryptocurrency miners.Thirteen unlawful digital asset mining farms were uncovered…
Terra (LUNA) and Avalanche (AVAX) Prices Thumble After Recent Strong Gains
One of the significant catalysts would be Russia’s war declaration this morning.Avalanche has been down 15.08% in the last 24 hours.Luna’s price steadied following its steep fall at the beginning…
18,972,523 XRP Moved From Binance to Unknown Wallet
The Whale Alert crypto tracker discovered another huge XRP transfer.According to Bithomp, the transaction was started from the Ripple wallet RL18-VN.Since the beginning of February, the transfer activity in the…
Binance’s partnership with Forbes to make the crypto industry to sit up
A multi-billion-dollar tech company takes a large stake in another multi-billion-dollar business. These days, a deal of this type likely wouldn’t raise eyebrows. However, when the investor is the billionaire…
Intel Unveils New Bitcoin Mining Chip and 3,600-Watt Mining Rig.
There’s also evidence to suggest that Intel is already working on its second-generation mining chip. Intel has been making several moves into the crypto space of late. At this year’s…
Bored Ape Owner Files $1M Lawsuit Against OpenSea Over ‘Stolen’ NFT
A Texas man is suing OpenSea over an exploit that saw high value NFTs, including his Bored Ape, sold for a fraction of their cost. A Texas man who unwittingly…