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The founder of BitConnect, Kumbhani, was charged for his Ponzi scheme, which he executed with the help of his 'Lending Program'. This program is a part of BitConnect and was accused by a federal grand jury in San Diego. Satish Kumbhani, the founder of BitConnect, was charged with fraud...
Since Terra's ecosystem relaunch through Terra 2.0, Terra price has dropped by roughly 70%. New tokens of LUNA, also known as LUNA 2, are regularly being dropped to investing people who previously owned LUNC, USTC, and Anchor Protocol UST as part of the revitalization plan of Terraform Labs creator Do...
DeFi protocol Li Finance was the latest to be hacked on March 20. It has led to a loss of $600,000 of 29 user wallets. The team became aware of the exploits only 12 hours later and shut down all swapping functions over the platform to put a stop...
Bitcoin has been preparing itself for a rare bear feature which could be returning on the 8th of May after a sell-off that will take place overnight. According to data received from TradingView and Cointelegraph Markets Pro, it has been understood that the dipping of the exchange below $34,200...
With all the crazy things that have happened this year, one would think that cryptocurrencies would fall—at least since other currencies have been falling. However, cryptocurrencies have been on a continuous uptrend, and at a point, it was a bit scary as to how drastically it could fall (if...
There was much to cheer about for the Ethereum community. On March 15 Tim Beiko, the Ethereum developer announced that The Merge was successful on Kiln. This was the final Merge test net, formerly known as Ethereum 2.0, till the upgrade will be deployed on Ethereum’s public testnets. This highly...
Bitcoin is known as a decentralized currency system that you can use for online transactions. The amazing benefits associated with bitcoin are making it popular among countless people as well as business owners. Usually, bitcoins are made through a process known as mining. If you don't know about mining,...
There have been huge transaction amounts on Cardano in the year 2022, as a result of which there is a huge demand for blockchain networks. IntoTheBlock, the intelligence firm crypto, recently reported that the large transactions on the blockchain of Cardano have increased and went to a level of...
Bitcoin has remained just above the $30K mark, but that could change soon if the bears have their way. The prices have moved in a limited range ($28,700 - $31,300). Two external developments have further clouded investor sentiments; the collapse of the 3rd-largest stablecoin, TerraUSD (UST) and LUNA, and...
Bitcoin was launched back in 2009, and the following year saw its first noticeable jump in value. But, it wasn’t until 2011 that the price of the first cryptocurrency started to surge. That year saw bitcoin grow in value by 3,000% in just three months. In November 2021, an...
Ledger, one of the crypto industry’s most popular hardware wallet providers, has faced multiple challenges in recent weeks, including a breach in the company’s customer contact database and a wallet vulnerability setting users’ Bitcoin (BTC) vulnerable. Will be the recent situations simply a summation of a few difficult weeks,...
Charles Schwab Corp. has registered to establish a passive 'crypto' ETF and is constructing the index that will be used to invest, giving at least a nod to the crypto-investing boom. The move may or may not be profitable for them, but analysts believe it will have a significant influence...
Joe Biden’s nominee for the post of vice chairman for supervision at the Fed, Michael Barr has indicated the importance of a regulatory framework covering stablecoin. If his proposal is approved, it will focus on the job of banking regulation. Michael Barr was speaking at the Senate hearing and cited...
Robinhood is reportedly expected to make its public debut on July 29. New Constructs CEO David Trainer joins Yahoo Finance Live to discuss.
There are so many different cryptocurrencies for people to choose from today, so much so that it can often be overwhelming. One of the recent coins that have been getting a lot of attention is Ripple, as people seek cheaper alternatives to Bitcoin that have great potential. But should...
Twitter's decentralized social network protocol, Bluesky, has come out with the first batch of its code. It has also revealed its commitment to content moderation on its network.  The Bluesky developer team released the initial batch of its codes while reiterating its commitment to moderate content permitted on the platform....
The number of Bitcoin addresses with non-0 BTC addresses climbed to a record high of forty million in February. It indicates a bullish sentiment for BTC while also pointing towards a strong adoption of the cryptocurrency. Wallets with affirmative BTC balance are holding onto their currencies in greater numbers. Statistics...
NFTs have been largely acquired as PFPs that usually represent a brand, or embody a culture, or ultimately- something that would reflect as a static status symbol. Blue-chip non-fungible tokens like the Cool Cats or the Bored Ape Yacht Club were not originally backed by any tangible utility other...
CoinDesk Global Macro Editor Emily Parker joins Yahoo Finance Live to discuss why the U.S. should be prepared for central bank digital currencies.
Cryptocurrencies are all the rage lately, and for a good reason. They offer a level of security and privacy that traditional currencies simply can't match. So it's no surprise that more and more people are using crypto to gamble online at best paying online casino 2022. But is this...