Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.
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More than half of all crypto exchanges have weak or no ID verification
The highest number of exchanges defying regulatory norms are in Europe More than half of all exchanges worldwide have weak KYC identification protocols — with exchanges in Europe, the U.S. and U.K. among the worst offenders, according to a new study by blockchain analysis firm CipherTraceCipherTrace analyzed more than 800 decentralized, centralized, and automated market…

Chinese County Establishes Blockchain Company to Develop Forestry Industry
A county in China’s northern Sichuan province has signed a strategic cooperation contract to establish a new blockchain company in an effort to develop the forestry industry, local news outlet China Net reported August 24. The Beichuan Qiang Autonomous County of Sichuan Province and Beijing Sinfotek Group have jointly established a new company, Hangzhou Yi…

Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
Solana's (SOL) price edged up on Monday in the wake of a market-wide price rally led by Bitcoin (BTC), its total volume locked (TVL) hitting record highs and a promising technical setup. Bitcoin triggers market-wide rallySOL climbed by more than 6% to hit an intraday high of around $214. The SOL is now up a little…

Bitcoin analyst who called 2018 bottom warns ‘bad winter’ may see $10K BTC
Bitcoin (BTC) could dive another 50% from current levels if the upcoming winter proves a major test for Europe.That was the conclusion of a veteran crypto market analyst this week, with BTC/USD failing to reclaim $20,000 support.In an interview with Cointelegraph, Filbfilb, creator of trading suite Decentrader, forecast a potential BTC price bottom coming in…

New wave of GameFi projects are costing millions of dollars to develop
Players are increasingly demanding greater playability and interactions that allow them actually to enjoy the Web3 games they play.

Bitcoin profits are taxable in certain cases, says Denmark’s supreme court
The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining. 118 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Justices of the Supreme Court of Denmark have handed down…

Filecoin network suffers temporary outage
The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. 1374 Total views 10 Total shares Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The…

Judge denies motions from Celsius users seeking to reclaim assets
Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform’s terms of use left assets in their control. 622 Total views 1 Total shares Own this piece of history Collect this article as an NFTA judge overseeing bankruptcy proceedings for crypto lending firm Celsius…