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Crypto
Lightning Network Bitcoin $BTC Deposits Now Live on Binance
Depositing bitcoin via Lightning is faster and cheaper than on the main blockchain; the base fee on lightning is $0.04, whereas regular bitcoin deposits spiked to as high as $30 in May, according to ycharts. Transactions also settle in…
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, has reportedly had his first hearing for charges related to allegedly illicit profits from the sale of Terra (LUNA).According to a July 10 report from News1 Korea, a…
Belarus Working on Legislation to Ban P2P Crypto Transactions in Fight Against Fraud
"The introduction of a practice similar to the procedure for exchanging foreign currencies will make it impossible to withdraw money obtained through criminal means. In such conditions, it will simply be unprofitable for IT fraudsters to…
Crypto Custodian BitGo Has Other Acquisitions Pending Following Aborted Prime Trust Purchase
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Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague and former Terraform Labs chief financial officer Han Chong-joon was…
21Shares Introduces ETP for Liquid Staking Platform Lido
Liquid staking enables users to maintain liquidity, despite locking their cryptocurrency to earn rewards for securing the blockchain network. Lido, the dominant liquid staking player, has more than $13 billion ETH staked, commanding a 76%…
Bitcoin price will get ‘another test’ of 200-week trend line — analyst
Bitcoin (BTC) fell to multi-day lows at the June 5 Wall Street open as action heated up on exchanges.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewVan de Poppe: Trend line failure could mean "bottom isn't in yet"Data from…
Technical Indicator Suggests Incoming Volatility Explosion in Dogecoin (DOGE)
At press time, dogecoin traded near $0.073. The world's leading meme cryptocurrency, currently valued at $10.22 billion, has risen just 3% this year. Meanwhile, market leaders bitcoin and ether have gained 68% and 60% respectively, per…
Bitcoin (BTC) Price Could Struggle on Resolution of U.S. Debt Limit
"This could be bad for bitcoin and gold, which in theory fall in price when yields are rising (high yield environments tend to not be great for assets that yield nothing)," she added. "What's more, the issuance of more U.S. government debt…
BlockFi Claims Against FTX, Alameda ‘Largest Driver’ of Client Recoveries, Firm Says
Last week, U.S. Bankruptcy Judge Michael Kaplan in New Jersey ruled BlockFi custodial wallet users can be returned nearly $300 million in funds owed. The liquidation plan filed on Friday "provides for the return of non-estate digital assets…