The man is said to have convinced people to invest in a 2017 scheme promising monthly returns of over 20%. A 60 year-old man was arrested at Indira Gandhi International Airport in Delhi on Dec. 31, for allegedly heading a 25 million rupee ($340,000) cryptocurrency scam. Umesh Verma, a former jeweller and greeting card maker, […]
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Grayscale brings its total assets under management above $20 billion in time for the start of 2021 as BTC demand intensifies. Institutional crypto investment giant Grayscale now has $20 billion under its control as its Bitcoin (BTC) buys outstrip production by almost three to one. As noted by data analysis resource Coin98 Analytics on Jan. […]
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Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits. The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. The protocol upgrade was initially enabled […]
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Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough. Coinbase, one of the largest cryptocurrency exchanges in the United States, is advocating extension for the industry’s feedback deadline to newly proposed crypto rules by the Treasury’s Financial Crimes Enforcement Network, or FinCEN. In a Dec. 21 blog post, Coinbase’s […]
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Ah, Christmas — A time for joy! Merriment! And devouring the brains of the living with an insatiable bloodlust… because let’s face it, this is 2020. Darren Kleine, known to most by his handle DKleine, is an NFT artist with a decidedly specific niche — Zombies. We’re talking crypto zombies, political zombies, mustachioed Salvador Dali […]
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SI stock has plunged over 16% from its recent all-time high. Shares of Silvergate Capital (NYSE:SI) are in freefall this week, while the U.S. Securities and Exchange Commission, or SEC, has revealed a large liquidation of company stock by board member Thomas Dircks. The security regulator’s Form 4 documentation shows Dircks sold 60,000 Class A Common […]
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Airbnb pre-IPO contracts are now available on FTX. FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly-anticipated IPO. As of late Tuesday, cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a pre-IPO product, the […]
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Much like Santa himself, Bitcoin is magic. Although he is based in the North Pole, Santa Claus spends much of his December touring the globe, making appearances at countless holiday-themed engagements in the run up to Christmas Eve. In payment for these rendezvous, Santa has long been known to accept tips in a variety of […]
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From the minds that brought you cheese with holes in it comes this year’s weirdest ad campaign. Crypto broker Bitcoin Suisse recently installed a blockchain-related Christmas advertisement in the Zurich Main train station in Zürich, Switzerland. The ad, which is largely indecipherable to non-native speakers, involves a piece of broccoli, a shoe, and one lone […]
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The U.S. exchange plans to roll out support in early 2021. U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum 2.0 staking rewards — possibly setting the stage for even wider adoption of the smart contract platform. In an official blog post, Coinbase says it plans to roll out Eth2 staking, trading and conversion […]
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