Author: CryptoHoppers
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high returns and offering dubious loans. Cryptocurrency Scams: Fake Professors Target Investors The Washington State Department of Financial Institutions (DFI) […] Source link
The UK court has set aside all judgments against Cøbra, the pseudonymous operator of Bitcoin.org. It is based on the long-running copyright dispute over the Bitcoin whitepaper. This decision marks a major shift in the legal battle initiated by Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin. From Default Judgment to Fraud Allegation The court’s reversal stems from the revelation that the original claim, which led to a default judgment against Cøbra in June 2021, was “entirely fraudulent.” This development casts a shadow over Wright’s assertions of copyright ownership of the Bitcoin whitepaper. The judgments against…
Coinbase has published a report on the adoption of blockchain by Fortune 100 and Fortune 500 companies. The report essentially highlights that the majority of surveyed companies are either exploring the concept of crypto and blockchain or are in the final stages. Blockchain is considered an operational infrastructure that drives innovation and ambitions in Web3. Data collection and management have emerged as the top utilities for blockchain implementation. This is being done or is being considered because the current century-old global financial system requires updates and blockchain solutions can serve as a foundational ground. Losing pace with modern developments could…
Key Takeaways Trump has reversed his critical view of cryptocurrencies, now promoting a deregulated approach. His pro-crypto stance aligns with substantial campaign donations from industry leaders. Share this article Former US President Donald Trump, who recently survived an assassination attempt, has made a notable shift in his stance on crypto, positioning the technology as a key campaign issue for the 2024 presidential election. This change represents a significant departure from his previous skepticism towards crypto and digital assets.Trump dismissed crypto at least five years ago, stating that its value was based on “thin air” and expressing concerns about its potential…
Trevor Jones’ New Genesis BTC Collection: CryptoAngels Renowned for his innovative blend of physical and digital art, Trevor Jones continues to push the boundaries of the NFT space with his latest collection, CryptoAngels. Since his foray into Bitcoin-themed artwork in 2017, Jones has garnered a significant following, solidifying his reputation with record-breaking sales and community-driven events. The Journey of Bitcoin Angel In 2021, Jones made headlines with his Bitcoin Angel open edition, selling 4,158 editions for an astounding $3.2 million in just seven minutes. This success set the stage for his latest venture, where he combines art, community, and technology…
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers […] Source link
The Bitcoin price saw a notable recovery trend over the weekend that put it back above $60,000, and by the early hours of Monday, the price had recovered above $63,000. Given this recovery trend, crypto analyst Bluntz Capital, has used the Elliot Wave Theory to map out where the BTC price could be headed from here after kickstarting this recovery trend. Why Bitcoin Price Clearing $60,000 Is Important In a Sunday analysis, crypto analyst Bluntz Capital revealed where the Bitcoin price could be headed next from here. The analysis, which was made while the Bitcoin price was still under $60,000,…
A failed assassination attempt in Pennsylvania seems to have bettered Donald Trump’s chances of winning the winter elections, at least in the eyes of betters. Polymarket bettors wager that Republican candidate Donald Trump has a 71% chance of winning this year’s U.S. presidential election and beat sitting Joe Biden in November. On Monday, Joe Biden’s odds of being re-elected were around 18%. Betters have tabled over $259 million on prediction platform Polymarket in a pool titled “Presidential Election Winner 2024.” Punter fancy Donald Trump winning the elections | Source: Polymarket Trump’s odds of winning rose from 60%, as seen by crypto.news,…
Key Takeaways Metaplanet acquired $1.4 million worth of Bitcoin. This is Metaplanet’s sixth Bitcoin purchase in the last four months. Share this article Metaplanet, the Japanese public company often compared to MicroStrategy, has purchased 21.88 Bitcoin (BTC), worth 200 million Japanese Yen ($1.4 million), the company shared in a Monday post. The latest acquisition brings its total BTC holdings to 225.6 BTC, valued at over $14.5 million. *Metaplanet purchases additional 21.88 $BTC* pic.twitter.com/zCXzKFudog — Metaplanet Inc. (@Metaplanet_JP) July 16, 2024The purchase follows the recent one made last week when the company announced it added ¥400 million worth of Bitcoin to…
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda Eyes Gold Standard Backing […] Source link