Author: e_cash_top
-

Argo Blockchain hit with class action lawsuit over IPO misinformation
[ad_1] Argo Blockchain investors have filed a lawsuit alleging that the crypto miner made misleading statements and concealed important information during its initial public offering (IPO) filing. The Texas-based Bitcoin mining firm went public on Sept. 23, 2021, after submitting the required documents to the U.S. Securities and Exchange Commission (SEC). During its IPO, Argo…
-

Gaming unique active wallets grew 60% in 2022 – on-chain transactions up 37%
[ad_1] Web 3 gaming on-chain transactions and Unique Active Wallets (UAW) recorded 37% and 60% growth during 2022, according to a recent report from DappRadar. The top three most popular gaming blockchains were Wax (WAXP), Hive (HIVE), and BNB Chain (BNB), with 353,000, 234,000, and 136,000 daily UAWs, respectively, according to the DappRadar report. Gaming…
-

Hoskinson reacts to push back against CoinDesk acquistion
[ad_1] Cardano founder Charles Hoskinson responded to criticism over his proposed acquisition of CoinDesk by saying “[this] epitomizes the fundamental problem of journalism.” Specifically, he was referring to an op-ed from crypto media outlet Protos, titled, “Opinion: Charles Hoskinson would be the worst thing to happen to CoinDesk,” which blasted Hoskinson’s take on overhauling journalism…
-

Optimism (OP) hits new ATH despite 70% transaction volume decline
[ad_1] Layer 2 (L2) network Optimism (OP) transaction volume has declined by over 70% to 200,000 from an all-time high (ATH) of 800,000, according to Etherscan data. Meanwhile, despite the steep decline in its transaction volume, Optimism’s OP printed a $2.49 ATH on Jan. 25, according to CryptoSlate data. Optimism’s transaction volume falls Binance research pointed…
-

Amazon to launch gaming-focused NFT initiative
[ad_1] E-commerce giant Amazon is launching an NFT initiative focusing on blockchain gaming and related NFTs in the spring of 2023, according to a Blockworks report. The initiative is still in the development stage, but the deadline for the launch is set as April, according to information from four anonymous individuals shared with Blockworks. One…
-

ETH 2.0 Total Value Staked by Provider hits 11.5M
[ad_1] Definition The total amount of ETH transferred to the ETH2 deposit contract via staking providers. Quick Take As of press time, roughly 11.5 million ETH is staked via staking providers. Lido holds 42% of the staked ETH. Meanwhile, centralized exchanges Coinbase, Kraken and Binance hold 18%, 11% and 9% of all staked ETH, respectively.…
-

SEC re-declines Bitcoin ETF from ARK, 21Shares
[ad_1] The U.S. Securities and Exchange Commission (SEC) has rejected a Bitcoin spot ETF from ARK and 21 Shares, as indicated in a Jan. 26 filing. Cboe BZX intended to list the planned ETF. The exchange’s proposed rule change, which would have allowed the listing, was specifically rejected today. The SEC said that Cboe BZX…
-

SBF family, associates refuse to cooperate in FTX bankruptcy case as arrest details emerge
[ad_1] Associates and family members of Sam Bankman-Fried are refusing to cooperate in FTX’s bankruptcy case, according to a court filing dated Jan. 25. SBF associates not cooperating Following its collapse last November, the once-leading crypto exchange FTX entered bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. Now, as part of…
-

FTX reveals creditors; U.S. man spends BTC on hitmen
[ad_1] The biggest news in the cryptoverse for Jan. 26 saw defunct crypto exchange FTX reveal its full list of creditors. Elsewhere, a Washington man has been sentenced to prison for hiring hitmen with Bitcoin. Plus, Coinbase has been fined $3.6 million by Netherlands regulators, U.S. senator Elizabeth Warren has called on the SEC to…
-

Riding an electric wave Litecoin’s hashrate hits all-time high
[ad_1] Litecoin (LTC )has been one of the best-performing big-cap tokens over the last several months, and its hashrate just hit a new all-time high, signaling some potential bullish activity on the network. After falling to a low of $40.60 back in July 2022, LTC has risen by more than 125% from its 2022 low,…