Ethereum traders see limited ‘upside’ in ETH price beyond $2.6K

The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for crypto mining.A case of stolen identityIn a recently unsealed court filing on Nov. 7, Forbes discovered that Marc Merrill, the co-founder of Riot Games,  was the previously anonymous…

Bitcoin is not protected by Chinese law, a Fujian court reportedly rules — but other Chinese courts seem to have a different view. 789 Total views 19 Total shares As a virtual commodity, Bitcoin (BTC) cannot be protected by the Chinese law, a court in Fujian province reportedly ruled on May 13.Fujian court dismisses a…

SEC chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. financial services committee. 118 Total views 2 Total shares The U.S. House Financial Services Committee will hear how the Securities and Exchange Commission (SEC) is changing its oversight and rules to keep

FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance. 1005 Total views 24 Total shares Own this piece of history Collect this article as an NFTSam Bankman-Fried is seeking to use FTX's insurance policies to cover his legal expenses, according to a…

Big Four audit and consultancy firm PriceWaterhouseCoopers (PwC) is conducting a trial of its new blockchain-powered platform for ensuring the integrity of employee credentials. The trial, launched in partnership with the Institute of Chartered Accountants of Scotland (ICAS), was announced in a PwC press release published on Feb. 28.PwC’s “Smart Credentials” platform, earlier unveiled on…

The co-founder of the Baseline Protocol believes that crypto is still 15–20 years away from finding significant mainstream adoption. 986 Total views 24 Total shares ConsenSys developer and Baseline Protocol co-founder, John Wolpert, has predicted that we may still be decades away from seeing wholesale mainstream adoption of crypto assets and distributed ledger technologies.“My personal…

Bitcoin (BTC) may only be ten years old, but it is about to match half the lifespan of the average fiat currency — while actually increasing in value.Average fiat dies in 27 yearsAs Bitcoin statistician and commentator Willy Woo noted on Oct. 18, the largest cryptocurrency has been around 40% as long as the average…

Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.

As 2022 is kicking off, America nears the first anniversary of Joe Biden’s presidency. Following the tenure’s ambitious start, the last few months witnessed some serious tumult around the overall health of the United States economy, the administration’s handling of the COVID-19 pandemic, and the tense debate around Biden’s opus magnum — the $1.7 trillion…