Study: Insider trading occurs in 10% to 25% of cryptocurrency listings
The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase. Go to Source Powered by WPeMatico
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Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
The Merge will still reduce the network’s energy consumption by an estimated 99.5%. Go to Source Powered by WPeMatico
Indian police launch probe into BitConnect founder wanted by US SEC
The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India. Go to Source Powered by WPeMatico
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel … Read more
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital Currency Wallet of the Houston Texans,’ NFL Team Accepts Crypto Assets for Single Game … Read more
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central Asian nation which only recently took steps to regulate … Read more
Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Former traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market. Go to Source Powered by WPeMatico
Celsius CEO personally directed crypto trades months before bankruptcy: Report
One person familiar with events at Celsius reportedly said CEO Alex Mashinsky was “slugging around huge chunks of Bitcoin” and ordering trades based on bad information. Go to Source Powered by WPeMatico
Bank of China unveils new e-CNY smart contract test program for school education
Under the pilot test, parents could enroll their children in after-school vocation programs via smart contracts. Go to Source Powered by WPeMatico
USDT market cap up by $2 billion following Tornado Cash debacle
Tether’s market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash. Go to Source Powered by WPeMatico