Author: e_cash_top

  • Pompliano and Shellenberger clash over validity of Bitcoin

    Pompliano and Shellenberger clash over validity of Bitcoin

    [ad_1] Bitcoin bull Anthony Pompliano and author Michael Shellenberger debated the merits of cryptocurrency, with differences in opinion boiling down to contrasting outlooks on the role of government. Shellenberger is a staunch Bitcoin critic Shellenberger likened his Bitcoin stance to Senator Elizabeth Warren’s, who recently proposed harsh legislation “leveling the playing field between crypto and…

  • ECB calls for crypto regulation, expedited CBDCs deployment

    ECB calls for crypto regulation, expedited CBDCs deployment

    [ad_1] European Central Bank (ECB) Executive Board member Fabio Panetta published a post in the ECB blog emphasizing the need for regulations in the crypto industry. “We can’t afford to leave cryptos unregulated.” Crypto Concerns Panetta described unbacked crypto assets as speculative assets that lack any intrinsic value. Since investors only buy these assets to…

  • BONK diluted market cap crashes $140M, Whitepaper link added

    BONK diluted market cap crashes $140M, Whitepaper link added

    [ad_1] BONK saw over $140 million of its diluted market cap wiped over the last six hours — equating to losing roughly 35% of its total diluted market cap — according to Coinmarketcap data. The total number of BONK holders on Jan. 4, was approximately 98,000 — this number has risen to approximately 106,573 holders…

  • Pionex removes Huobi’s market-making funds

    Pionex removes Huobi’s market-making funds

    [ad_1] Singaporean crypto exchange Pionex announced that it removed Huobi’s market-making funds from its platform due to the gradually declining trading activity on the exchange. The announcement states: “Huobi Exchange’s trading activity on the platform has gradually decreased in recent months, and Pionex’s security team has also gradually reduced the aggregated market-making funds on the…

  • Top 10 assets see mixed performance in flat market

    Top 10 assets see mixed performance in flat market

    [ad_1] The cryptocurrency market cap saw net inflows of $610 million over the past 24 hours and currently stands at $819.59 billion — up 0.09% from $819.04 billion. Bitcoin’s market cap decreased by 0.09% to $323.94 billion from $324.31 billion, while Ethereum’s market cap increased by 0.06% to $153.30 billion from $153.20 billion. Over the reporting…

  • US Court orders detention of Mango Markets exploiter over flight risk

    US Court orders detention of Mango Markets exploiter over flight risk

    [ad_1] A U.S. district court has ordered the detention of  Mango Markets’ exploiter Avraham Eisenberg over concerns that he may flee before the trial is finished. Avraham Eisenberg was arrested on Dec. 27 for allegedly exploiting Mango Markets to steal assets worth approximately $110 million. The accused has publicly admitted to perpetrating the attack. Prior…

  • Magic Eden to refund users who bought fake NFTs via its platform

    Magic Eden to refund users who bought fake NFTs via its platform

    [ad_1] Top Solana (SOL) NFT marketplace Magic Eden has promised to refund users who mistakenly bought unverified NFTs from its platform, according to a Jan. 4 statement. Several users of the NFT marketplace reported that scammers passed off fake NFTs as part of popular collections like y00ts and ABC and sold them for hundreds of…

  • SEC charges 8 people tied to CoinDeal scheme

    SEC charges 8 people tied to CoinDeal scheme

    [ad_1] The U.S. Securities and Exchange Commission has filed charges against eight individuals involved in a crypto scheme called CoinDeal, according to a Jan. 4 press release. The SEC said in its complaint that CoinDeal founder Neil Chandran operated a fraudulent crypto investment scheme along with other individuals and groups. CoinDeal’s perpetrators raised over $45…

  • Sports company Fanatics to sell stake in NFT firm Candy Digital

    Sports company Fanatics to sell stake in NFT firm Candy Digital

    [ad_1] The sports collectible company Fanatics is divesting its stake in the NFT firm Candy Digital, according to reports from CNBC on Jan. 4. Candy Digital was founded in 2021 and has produced collections of NFTs for various sports leagues and groups including MLB, WWE, and NASCAR. It also branched out to produce crypto-collectibles for…

  • Judge rules $4.2B belongs to Celsius

    Judge rules $4.2B belongs to Celsius

    [ad_1] A new update regarding the Celsius bankruptcy case came on Jan. 4 as Judge Martin Glenn ruled that the funds deposited to Earn Accounts, which amount to $4.2 billion, are the property of Celsius, not the investors. The ruling document  states: “The Court concludes, based on Celsius’s unambiguous Terms of Use, and subject to any…