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Search Results for: Cryptocurrency

Bitcoin Ordinals Rival ‘Ethscriptions’ Launched on Ethereum Blockchain

There’s a new protocol on Ethereum that lets people create and trade objects. It’s clear that the name “Ethscriptions” is a nod to “Inscriptions,” a related project by Ordinals that was implemented on the Bitcoin network. Tom Lehman, the former CEO of Genius.com and co-creator of the initiative, noted an

June 19, 2023 1 min read

Over 12 Million Ordinal Inscriptions Recorded on Bitcoin Blockchain

According to the most recent assessment, there are now over 12,494,695 Ordinal inscriptions connected to the Bitcoin blockchain. As a result of this ongoing pattern, mempool.space has recorded over 300,000 outstanding transactions that have yet to be validated. Bitcoin miners validated these transactions and others worth $46.10 million in conventional

June 18, 2023 1 min read

Elon Musk Denies Ownership of DOGE Wallets in Insider Trading Lawsuit

The million-dollar class action lawsuit filed against Elon Musk for insider trading of cryptocurrency Dogecoin took a new turn today.  Elon Musk’s lawyer Alex Spiro revealed that Mr. Musk does not own any Dogecoin wallets that were part of price manipulation. Earlier, a class action lawsuit was filed against the

June 18, 2023 2 mins read

Crypto Community Donates Over $600k for ZachXBT’s Lawsuit

For an article he published last year, ZachXBT, one of the most followed on-chain crypto sleuths on Twitter, claims to be facing legal action. The analyst claims he needs public funding to pay for his defense since, unlike his accuser, he does not have a lot of money. That backing

June 18, 2023 2 mins read

CoinEx Settles With NYAG for $1.7M in Refund and Penalties

After being sued in February 2023 for unlawful operations. Hong Kong-based cryptocurrency exchange CoinEx settled with the New York Attorney General’s office for over $1.7 million. And a prohibition on providing services in New York. The money that has been seized will be used to pay fines and reimburse investors

June 18, 2023 2 mins read

Aptos (APT) Rises to the Top: Emerging as a Promising Long-Term Investment

Aptos (APT) has experienced a significant increase in its trading price. The sudden surge has turned the crypto community towards the cryptocurrency APT. Aptos is gaining momentum, capturing the interest of investors in the crypto market. Recently, the cryptocurrency APT has shown a massive increase of 10.82% in the past

June 18, 2023 1 min read

Binance Stands Strong as Court Denied the SEC’s Request

The U.S. Securities and Exchange Commission filed a lawsuit against the world’s largest crypto exchange, Binance. The SEC’s ongoing lawsuit against the leading crypto exchange has gained significant attention within the crypto community. On June 17, the crypto exchange shared an update on the ongoing lawsuit. Binance stated that the

June 18, 2023 1 min read

The London Lions Basketball Club To Accept DOGE and XRP

The London Lions, a professional basketball club in the United Kingdom, has taken a tentative step into the crypto realm by forming a partnership with BitPay to accept digital currencies for goods purchases. In a first for the crypto and sports worlds, the alliance essentially means the professional basketball team

June 17, 2023 1 min read

U.S Court Approves Binance and SEC Proposed Settlement

On June 17, Binance and BAM Trading (Binance.US) reached a settlement with the US Securities and Exchange Commission (SEC), with the “Proposed Stipulation and Consent Order” being authorized by Judge Amy Berman Jackson of the US District Court for the District of Columbia. According to previous reports, the planned agreement

June 17, 2023 2 mins read