ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman
The South Korean tax authority is trying to track the movement of ICO funds raised in foreign countries into its domestic markets. Go to Source Powered by WPeMatico
Month: March 2021
US Court Sentences Another Centra Tech Co-Founder to 8 Years in Jail
Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has ordered Sharma to forfeit $36,088,960. Material Misrepresentations Prior to Sharma’s sentencing, the U.S. Department of … Read more
Bridging the Bitcoin gender gap: Crypto lets everyone access wealth
Bitcoin allows minorities to circumvent institutional banking processes that have long carried out discriminatory practices. Go to Source Powered by WPeMatico
Bitcoin closes its second-best week ever: 5 things to watch in BTC this week
$50,000 support remains elusive but data suggests that the Bitcoin bull run is still “sustainable” with few sellers lined up. Go to Source Powered by WPeMatico
McAfee claims DOGE price prediction to blame for latest US charges
Detained antivirus software entrepreneur John McAfee points a 1,000% spike of DOGE since he called it the “coin of the week” years ago. Go to Source Powered by WPeMatico
The number of BTC held on exchanges crashed 20% in 12 months
Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges. Go to Source Powered by WPeMatico
UFC announces regional partnerships with top crypto-only sportsbook
The world’s top mixed martial arts promotion has announced a partnership with Latin American crypto-only casino, Stake.com. Go to Source Powered by WPeMatico
NFT representing incinerated Banksy painting fetches nearly $400k
A tokenized version of a destroyed Banksy painting sold for nearly $400,000 on NFT marketplace OpenSea. Go to Source Powered by WPeMatico
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also … Read more
UNI surges 50% in one week, becomes first DeFi DApp token in crypto’s top 10
Uniswap’s governance token has become the first DeFi token to rank among the ten-largest crypto assets by capitalization. Go to Source Powered by WPeMatico