Atari’s new Ethereum token fell off a cliff when trading began, leaving investors wondering what was behind the dump. Atari Token (ATRI), the first foray into a gaming digital currency by legendary video game developers Atari Interactive, ended its first 36 hours of trading down almost 70%. The current price is well below the public […]
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The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017. U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of Centra Tech — the company behind a notorious initial coin offering (ICO) in 2017 […]
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The British Overseas Territory is making steps towards bringing blockchain adoption into the mainstream. The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries. According to the announcement, Gibraltar expects to […]
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Grayscale is on track to control 5% of the entire Bitcoin circulating supply by the end of 2021 with a record $215 million inflow last week. Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that […]
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Research suggests that Bitcoin miners are holding less of the asset. A new report by on-chain analytics provider CoinMetrics suggests that miners’ considerable influence on the Bitcoin network is slowly diminishing. The research analyzed miner and pool addresses and spending in order to determine whether their influence over the network as a whole had changed […]
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Ciphertrace speculated the anonymous user made the transactions “to stay up to date with the Bitcoin network,” but it may have been hacked. An anonymous crypto user has just moved 69,370 Bitcoin from an address associated with the Silk Road darknet market, that more recently has become a popular hacking target. According to a Nov. […]
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There’s buzz that the Eth 2.0 deposit contract appears to have been deployed but there has been no official announcement. Excitement is stirring in the Ethereum community after the deposit contract was apparently posted on Github, however the lead developers are yet to officially confirm the deployment. Ethereum developers have warned in the past about […]
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The price of Bitcoin rose more than 2% in two hours as poll workers in US states began to count ballots. The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls were starting to close across many U.S. states on Nov. 3. At the time […]
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“Defendants say, in passing, that Israel is the more appropriate forum, but fail to provide any supporting detail,” stated lawyers in the class-action suit. Lawyers representing investors for BProtocol Foundation, the parent company of decentralized liquidity network Bancor, are asking for the case against the blockchain firm to be tried in the United States. According […]
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He claims to have spent millions of his own money, only to be tossed out of the company he co-founded. Jakov Dolic, co-founder of the U.S.-based Bitcoin (BTC) mining company Layer1, has filed a lawsuit against his former business partner, Alexander Liegl. According to court documents filed on October 30, Dolic claimed that Liegl had […]
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