UK regulator alerts public to fake solicitor Bitcoin scam

Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year.Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin and…

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate. 551 Total views 1 Total shares The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as…

Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders to predict a move back toward the yearly low in the $18,000 range.The price action coincided with worsening conditions for tech stocks, including…

Today, digital asset management fund Grayscale Investments will transfer nearly $3 billion worth in cryptocurrency holdings to American major crypto wallet provider and exchange exchange Coinbase.Largest single crypto transfer?As Forbes reported on Aug. 2, Grayscale is going to move almost $3 billion worth of its digital currency holdings, including Bitcoin (BTC), Bitcoin Cash (BCH), Ether…

China has been a hotspot for blockchain patents and development. As Cointelegraph previously reported, the National Intellectual Property Administration of China has awarded 2,191 blockchain patents between 2017 to 2019.Major multinational companies have also shown immense interest in filing blockchain patents in China. The latest Global Times report suggests that 35 multinationals including Microsoft, Walmart,…

Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct. 754 Total views 3 Total shares Brian Armstrong, CEO of crypto exchange Coinbase, thinks that his company made the right decision to comply with United States money transmitter licensing laws.In a Nov. 21 social media

The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. 52 Total views 4 Total shares Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team.Coinbase

Bitcoin (BTC) futures open interest just had its most extensive daily reduction in five months. Yesterday's 11% drop move caused more liquidations than May 9 when BTC plunged 12.5% to $8,600.BTC futures open interest in USD terms. Source: SkewSkew data shows total open interest down by $653 million, reaching $4 billion on Sept. 3. That…

ZachXBT fears legal fees to defend himself in the defamation lawsuit could "easily exceed" $1 million. 327 Total views 4 Total shares Blockchain investigator ZachXBT has received over $1 million in donations in slightly more 24 hours from the crypto community to pay for his legal fees in a defamation lawsuit.ZachXBT, known for his investigative…