MORE ON Cryptocurrencies
The broader crypto market experiences liquidations exceeding $133 million as Bitcoin and Ethereum prices plummet. Should investors be concerned?
Tesla’s CEO, Elon Musk, once again caused a significant surge in the valuation of Dogecoin, a cryptocurrency based on the Doge meme, with a single tweet featuring a meme of Scooby-Doo.
Tesla’s CEO Elon Musk surprised in early 2021 with a $1.5 billion investment in Bitcoin. However, the latest earnings report shows that Tesla did not transact in Bitcoin during the second quarter of 2022.
The global cryptocurrency market capitalization rose marginally by 0.05% to $1.21 trillion, with Bitcoin and Ethereum trading in the red while Dogecoin saw gains. Stellar, XDC Network, and Hedera were among the top gainers in the past 24 hours.
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The Australian Securities & Investments Commission (ASIC) has revoked the license of FTX’s Australian subsidiary, a cryptocurrency exchange, amid its founder’s criminal lawsuit for alleged fraud. Despite the cancellation, limited financial services can continue until July 2024 for terminating existing derivatives with clients.
Celsius Network, a bankrupt crypto lender, seeks approval to distribute $25 million from the sale of its self-custody platform GK8.
Marathon Digital, a crypto mining company, is facing legal action from shareholders who have accused CEO Fred Thiel and other executives of breaching fiduciary duties and unjust enrichment.
Blockchain Company Archblock Sues Tron Founder Justin Sun over Alleged Acquisition of TrueUSD through Questionable Methods
Archblock, a blockchain technology company, is taking legal action against Tron founder Justin Sun, claiming that he acquired TrueUSD using questionable means.
Lionel Messi’s Cryptic Instagram Post Sparks Curiosity Over PLANET’s Blockchain-Powered Sustainability Initiative
Football legend Lionel Messi’s enigmatic Instagram post has drawn attention to PLANET, a blockchain-driven organization focused on reshaping the future of sustainability in the green tech industry.