Author: hotcrypto
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle Roche says the lawsuit is an attempt to “rewrite history,” and to use Stone as a “scapegoat” for the company’s financial troubles. Celsius Countersues Keyfi Founder Jason Stone The troubled crypto lender Celsius has filed a lawsuit against a former employee Jason Stone, the founder of Keyfi and the non-fungible token (NFT) collector known as “0xb1.” On July 7, 2022,…
All of the largest cryptocurrencies were down during morning trading on Wednesday, with Litecoin LTCUSD, -1.44% seeing the biggest change, dropping 1.39% to $56.23. Polkadot DOTUSD, -1.14% declined 1.05% to $7.53, and Dogecoin DOGEUSD, -1.04% sank 0.83% to 7 cents. Ripple XRPUSD, -0.86% inched down 0.83% to 34 cents on Wednesday, while Bitcoin Cash BCHUSD, -0.35% sank 0.22% to $133.71 and Cardano ADAUSD, -0.75% slid 0.49% to 46 cents. Bitcoin BTCUSD, -0.27% and Uniswap UNIUSD, -0.58% fell 0.20% to $21,446.47 and 0.10% to $7.05 Ethereum ETHUSD, -0.20% posted the smallest drop with a 0.09% decline to $1,647.77. In crypto-related company…
Yuri Molchan Baby Doge Coin boasts increase in its holder count, while its community continues to burn large amounts of these BSC-based meme coins Twitter account @babydogeburn_ has announced that the 232nd-ranked token, Baby Doge Coin (BabyDoge), has reached a new milestone regarding its overall number of holders. Besides, another astonishing amount of these canine coins has been sent to dead-end wallets over the past 24 hours. Nearly half of the total supply of BabyDoge has now been burned. Massive BabyDoge burn occurs According to a recently published tweet by the @babydogeburn_ user, in the past 24 hours, the community of…
Cryptocurrency is a diverse industry. Today, it consists of more than 20,000 projects. Each of them comprises a unique community and equips unique technologies. The industry gained popularity due to the benefits it offers to its users. One of the advantages of crypto is that it offers easy and straightforward ways of earning passive income. Big Eyes (BIG), the new token launched just a week ago and already raising millions, will also work on improving its profitability over time. BUY BIG EYES COIN NOW! Has crypto always been profitable? Well, somewhat. As you know, cryptocurrencies are highly volatile. They fluctuate…
Comment on this storyCommentThe U.S. government’s latest effort to crack down on the illicit use of cryptocurrency by rogue foreign regimes and criminals is running into resistance from the industry itself, including one of its largest and most influential players.Earlier this month, the Treasury Department sanctioned Tornado Cash, a cryptocurrency service it alleges has allowed North Korean hackers and others to launder billions of dollars’ worth of digital assets stolen in virtual heists. Typically, sanctions target individuals, countries or companies, and U.S. firms comply by ensuring they avoid doing business with them.But the sanctions aimed at Tornado Cash are novel.…
If you’re looking to outsmart the current market conditions, then you’re in the right place. Savvy investors are increasing their holdings in certain coins that they think are going to perform well over the coming months. The current market has been somewhat difficult to make money in, but it hasn’t been impossible. There are still plenty of upsides out there. That’s because even though we’re in a bear run, it hasn’t been as bad as many expected. And it’s not all been bad news for the crypto industry. Some coins have been performing exceptionally well. You just have to do…
Crypto exchange Uniswap engaged in talks with multiple nonfungible token (NFT) lending protocols, according to a social media post from Uniswap’s head of NFT product Scott Lewis.In the tweet, Lewis highlights the company’s interest in tackling both liquidity issues and “information asymmetry” surrounding NFTs.uniswap is the interface for all nft liquidity. we are now in talks with 7 nft lending protocols. we will be working with each one to solve for liquidity fragmentation and information asymmetry. this is the first step to building nft financialization.— Scott (@Scott_eth) August 23, 2022 While Uniswap’s goal of these talks and potential collaborations with…
Source: 42pixels – Shutterstock The IOTA Foundation has announced the beta release of it Smart Contracts. The new release comes with a series of interesting features, including zero fees and EVM compatibility. The IOTA Foundation has announced the release of its IOTA Smart Contracts Beta today, 21st October. The beta release of the Smart Contracts came with a series of other new exciting features. The advantageous features that come with the Smart Contracts Beta include fully programmable smart contracts, interoperability between smart contracts, and low-to-zero fees. Others are choosing programming languages, Ethereum Virtual Machine (EVM) compatibility, and automatically generated and…
The loose change in the jar on your dresser can be exchanged at 10,000 Coinstar kiosks in supermarkets and stores nationwide for cash—or, now, crypto. Coinstar has allowed customers to acquire Bitcoin through its kiosks since 2019 via a partnership with Coinme, a cryptocurrency cash exchange. But as of Wednesday, those same kiosks many have used to exchange coins for cash also can be used to get Ethereum, Dogecoin, Chainlink, Litecoin, Lumens, and Polygon. “Customers have asked us to make other coins available besides Bitcoin on Coinme-enabled Coinstar kiosks,” Coinstar CEO Jim Gaherity said in a statement. “We want to…
Valour’s Binance Exchange Traded Product becomes the 10th ETP offered by Valour and the 2nd ETP offering exposure to BNB globally. Valour Binance (BNB) EUR (CH1149139672) will enable retail and institutional investors to gain exposure to the BNB token simply and securely via their bank or broker. The ETP will be first available on Börse Frankfurt, the largest exchange in Germany TORONTO, Aug. 24, 2022 /PRNewswire/ – Valour Inc. (the “Company” or “Valour”) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and…