Author: e_cash_top
-

Bitcoin UTXOs grow despite bear market
[ad_1] Unspent Transaction Outputs (UTXOs) are often referred to as the fundamental building block of Bitcoin. As the Bitcoin network is built on an accounting model based on unspent outputs, they can be used to measure the overall state and growth of the network. Changes in the cumulative value settled through UTXOs, their number, and…
-

World Economic Forum discloses its future vision for crypto
[ad_1] The World Economic Forum (WEF) recently published an article outlining its future vision for crypto. It mentioned JPMorgan and other “major financial institutions” in the context of 180’ing from their initial skepticism on digital assets. While also advocating for “breakthrough technologies” to be handed over to “responsible actors.” “The more enduring approach with all…
-

India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
[ad_1] Indian crypto exchanges lost around 97.1% of their trading volume between January and October 2022, according to recent research. The report by Indian technology policy think tank Esya Centre studied three major Indian exchanges, including WazirX, CoinDCX, and Zebpay. The study bears significance since it provides the first monetary estimate of the impact of…
-

RTFKT COO loses NFTs worth $170K to phishing attack
[ad_1] Nike RTFKT COO Nikhil Gopalani said on Jan. 3 that he lost all his NFTs to a “clever phisher” who hacked his wallet. Gopalani tweeted that the hacker stole all his Clone X NFTs and other unnamed digital assets in a phishing attack. He added that the hacker had same phone number as his…
-

Top 25 BONK holders own over 50% of supply, no sign of Whitepaper
[ad_1] Solana-based memecoin “BONK” — which has gained rapid media attention — airdropped over 50% of total supply to the top 25 holders. As of press time, there were roughly 98,000 BONK holders, which — when compared to the top 24 holders — equates to a ratio of 4083:1. BONK is up 380% since the…
-

Logan Paul threatens to sue Coffeezilla over CryptoZoo scam accusations
[ad_1] YouTuber Logan Paul responded to Coffeezilla, aka Stephen Findeisen, over accusations that he scammed CryptoZoo investors. Paul said he was betrayed by people he trusted Paul’s opening statement claimed Coffeezilla’s investigations into CryptoZoo were motivated by a desire to piggyback off his celebrity status. He added that, in chasing clout, Findeisen has opened himself…
-

SEC files charges against CFO who embezzled money to invest in crypto
[ad_1] The U.S. Securities and Exchange Commission has filed fraud charges against a CFO who embezzled funds to invest in crypto, according to a Jan. 3 press release. The accused — Cooper J. Morgenthau — served as CFO of African Gold Acquisition Corp., which acted as a special purpose acquisition (SPAC) company that arranged mergers…
-

Founder of Goobers NFTs ‘completely broke’ after gambling away life savings, investor funds
[ad_1] Twitch Streamer and Goobers NFT founder DNP3 confessed in a twit longer that he is now completely broke after gambling away his life savings and all funds received from investors. Earlier in September 2021, DNP3 launched Goobers NFT as a collection of 15,000 collectibles on Ethereum. So far, the collection has recorded about 968…
-

Celsius files motion to extend the Bar Date
[ad_1] Celsius filed a motion on Dec. 30, 2022, to extend the Bar Date — the deadline for all customers to file a claim. The hearing will be held remotely via Zoom for Government on Jan. 10, at 11:00 am ET. Parties that wish to appear at the hearing must make an electronic appearance through…
-

SBF free on bail for 10 months until trial in October as he pleads not guilty
[ad_1] Sam Bankman-Fried, the founder of FTX, pleaded not guilty to the eight charges filed against him at his hearing at the New York US District Court on Jan. 3. WATCH: FTX founder Sam Bankman-Fried enters the US District Court in New York City, where he’s expected to plead not guilty to fraud https://t.co/ouA2Z5xIJU pic.twitter.com/6a0Mmt8hLU…