Bitcoin maintains price above $30k as more investors hold their assets
Key takeaways Bitcoin has maintained its value above $30k as more investors hold their cryptocurrency assets. AltSignals’ stage-2 presale has now surpassed 50%, with more than $1.1 million raised so…
US Federal Trade Commission slaps Celsius Network with $4.7B fine
The FTC said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds. Celsius and its former CEO have also been sued by the US SEC today. Last…
CEL price takes another hit, US SEC files lawsuit against Celsius
Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022.…
Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223%
Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200%…
Polygon proposes upgrade to switch MATIC to POL
Polygon’s technical upgrade could see MATIC renamed to POL. POL will operate on multiple chains including PoS, zkEVM and Supernets. The price of MATIC rose after the news, up 5%…
Russia’s “digital rouble” almost a reality after approval by lower house parliament
The bill will now move to the upper chamber of the Russian Federal Assembly. If passed the bill will be signed by the president into law. The Bank of Russia…
Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior layoffs in November and February.…
Kava 14 Accelerates Cosmos Ecosystem Expansion
Georgetown, Cayman Islands, July 12th, 2023, Chainwire Kava, a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos has launched the Kava 14…
Conflux (CFX) soaring after Bank of China announced SIM Card NFC payments
At press time, Conflux (CFX) token was trading at $0.1981, up 10% in the last 24 hours. Conflux Network partnered with China Telecom to develop a Blockchain-powered SIM card (BSIM)…
LBRY Credits Token plummets after federal court ruled against LBRY Inc.
At press time, LBRY Token had plunged to $0.009298 from a high of $0.01235 on July 11. The plunge followed a ruling that LBRY Inc. violated US securities laws. LBRY…