BIT Mining to pay $10M fine for bribing Japanese politicians in former life
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.
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IOTA founder David Sønstebø buries hatchets, plots future in puzzling blog
Addressing the community and board members, David Sønstebø reveals contradictory details about his split with the IOTA Foundation 360 Total views 4 Total shares In a verbose and, at times, vituperative blog post published today, IOTA founder David Sønstebø seeks to “quench all concern” about his state of mind, assure the community that the “IF…

Bitcoin price nears $30K as estimates reveal $19K support floor
Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. 3864 Total views 3 Total shares Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent.BTC/USD 1-hour candle chart…

Toomey drafts bill to exempt stablecoins from securities regulations
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations. 207 Total views 4 Total shares Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States.According to a draft…

Bitcoin rebounds over $41K after painting a ‘bullish hammer’ — Can BTC hit $64K next?
Bitcoin (BTC) rallied above $41,000 on Feb. 28 in a new sign of buying sentiment returning after last week's brutal selloff across the risk-on markets, including the S&P 500.BTC's price jumped by over 9% to reach $41,300, in part, as traders reacted to the ongoing development in the Russia-Ukraine crisis. In doing so, the cryptocurrency…

OKEx Exec Calls Binance’s CoinMarketCap Ranking ‘Shameless’
OKEx's chief strategy officer does not agree with CoinMarketCap's recent exchange ranking changes, calling the site "dead." 668 Total views 24 Total shares OkEx chief strategy officer, Alysa Xu, called out crypto data site CoinMarketCap, or CMC, for its recent exchange ranking rationale, proclaiming the platform dead. "Fairness and justice are the basis of all rankings,"…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

PayPal releases new consumer app for crypto, savings and direct deposits
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard. 2284 Total views 7 Total shares PayPal has announced the release of a new app billed to be a one-stop-shop for all of the digital payment needs of the company’s customers.As previously reported by Cointelegraph, PayPal CEO Dan Schulman stated…

Ethereum options data suggests the battle for $4K ETH is at least a week away
For the past 40 days, Ether (ETH) has trended modestly upward, respecting a narrow channel most of the time. It enjoyed a brief rally toward $4,000 in the first week of September, but a subsequent crash brought the price into the ascending channel.Ether price at Bitstamp in USD. Source: TradingViewIn August, nonfungible tokens posted record-breaking…