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  1. Yesterday
  2. An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto exchange account. AT&T Sued by Crypto Investor An AT&T customer, Jamarquis Etheridge, filed a lawsuit in the district court for the Southern District of Texas against AT&T Inc. and AT&T Mobility LLC Wednesday. Etheridge, a resident of the U.S. state of Texas, has been a customer of AT&T since 2009. H
  3. The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 million. The Department of Justice (DOJ) said that he “engaged in a scheme to steal assets” from his hedge funds and defraud investors. Crypto Hedge Fund Founder Gets 7.5 Years in Jail Stefan Qin, the founder of two cryptocurrency hedge funds in New York, has been sentenced to 7.5 years in prison, the U.S. Department of Justice (DOJ) announced last week. Qin, a 24-year-old Australian national, founded t
  4. Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as 96% of the mystery miners recorded at the end of June have disappeared. Bitcoin Hashrate Gathers Strength Since the End of June Approximately 83 days or over two months ago, Bitcoin’s hashrate had slid to a low of 69 exahash per second (EH/s) on June 28. The slide was initiate
  5. ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced to evolve to keep pace with the development of the digital asset market. ADALend protocol will power foundational the new wave of flexible financial markets by providing a layer for instant loan approval, automated collateral, trustless custody, and liquidity. What is Cardano? Cardano aims to be the world
  6. Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of Ukrainian parliament from President Zelensky’s Servant of the People party, has allegedly lost a serious amount of cryptocurrency to car thieves, according to an audit of his 2020 declaration quoted by the “Slovo i Dilo” portal. The
  7. Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and 20 — will only do so virtually. The report confirms that both Ameer and Raees, who have already received several death threats, were initially scheduled to appear before the inquiry in the second week of September 2021. However, this was postponed after the lawyer for the Cajee brothers requeste
  8. Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms. Central Bank of Russia Skeptical of Cryptocurrency Investments Bank of Russia remains skeptical about the acquisition of cryptocurrencies and will not support increasing access to crypto markets for Russian investors, most of whom are not accredited, the bank’s Deputy C
  9. On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1 to V2. Wormhole Launches Ethereum – Solana Bridge Solana has risen 5,504% in value during the last year and today, solana (SOL) is a top ten crypto-asset holding the seventh largest position in terms of market capitalization. At the time of writing, the
  10. Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance Probed for Possible Insider Trading, Market Manipulation U.S. authorities are now investigating Binance for possible insider trading and Market manipulation to ascertain whether the company or its staff profited by taking advanta
  11. Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments giant Paypal Inc. announced Friday that it has completed the rollout of its crypto offering in the U.K. The rollout began in late August when the company announced the launch of its crypto service in the U.K. The official account of Paypal U.K. tweeted: We are delighted to share that all eligible cu
  12. Last week
  13. While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts. As of September 18, 2021, there are now less than 20,000 active bitcoins from the Casascius physical bitcoin collection. Casascius Physical Bitcoin Collection Grows Scarcer Bitcoin has become a well-known technology and in the early years a number of people and companies deployed concepts called “physical bitcoins.” Essentially, a group or individual would fabricate a coin with the bitcoin symbo
  14. PRESS RELEASE. Social media dream builder Charlie Rocket and Dreamr Labs announce 2nd nationwide tour with $1 million traveling giveaway kicking off at Life is Beautiful Festival in Las Vegas, 9/17 Click to tweet: Hit the road with Charlie Rocket and @dreamr_app as they travel the country building dreams and giving away $1 million in DMR tokens! Download the Dreamr app at https://www.dreamr.app/ and declare your dream. No dream is too small. LAS VEGAS (SEPTEMBER 11, 2021) – Dreamr, the community-driven app platform and ecosystem created for users to declare their dreams that recently went v
  15. In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin held in TVL worth more than $13 billion and $15 billion has been swapped across 14 different Ethereum-based decentralized exchange (dex) platforms. $23.8 billion has been swapped across a variety of blockchain protocols, according to a recently published defi weekly report. Defi Growth Remains Exponentia
  16. Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696 million to $6.3 billion today. Makerdao’s Stablecoin Rises 800% Since September 2020 On Saturday, September 18, 2021, there’s approximately $127.29 billion worth of stablecoins and they currently command $62 billion worth of
  17. A statue of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been unveiled in Budapest, Hungary. “The statue is made of bronze, the face is made of a special bronze-aluminium composite, thus every visitor can see their own face when looking at Satoshi. We are all Satoshi.” Statue Representing ‘We Are All Satoshi’ in Honor of Bitcoin’s Creator A statue of bitcoin’s pseudonymous creator, Satoshi Nakamoto, was unveiled Thursday in the capital of Hungary, Budapest. It is located in Graphisoft Park. According to the initiative’s website: The goal of the statue is to honor Satoshi Nakamo
  18. The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly been cleared by the regulators to remain open. However, only four crypto exchanges have met the requirements to offer trading in Korean won. 28 Cryptocurrency Exchanges Meet Regulatory Requirements South Korea’s financial authorities have released a list of 28 cryptocurrency exchanges that have met the regulatory requirements to stay open past Sept. 24 under the country’s new crypto
  19. PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, will list NBL on September 15, 2021. For all users of LBank Exchange, the NBL/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on September 15, 2021. Esports industry has grown rapidly in recent years, and now, crypto space is trying to further reshape it. As a revolutionary new BSC utility token, Nobility (NBL) focuses on disrupting the esports industry with its unique smart contract capabilities, offering the industry a fairer, more balanced, and sustainable revenue syst
  20. A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing and is also threatening with a cease and desist. Regulators are not taking too kindly to platforms that offer high-yield interest rates on various cryptocurrencies. New Jersey Regulators Send Cease & Desist to Celsius Over ‘Earn Rewards Accounts’ U.S. regulators from the Securities and Exchange Commi
  21. One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not in Direct Communication With CBN As a report by The Guardian noted, this announcement by Luno is coming some seven months after the Central Bank of Nigeria (CBN) directed banks to exclude cryptocurrency entities from the banking ecosystem. Consequently, some users in Nigeria hav
  22. Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining operations in the country, according to the office of the prime minister. Laos Embraces Digital Currencies Laos has authorized mining and trading operations in its territory, contradicting policies from its central bank that issued warnings against crypto just a month before. The move comes as the sma
  23. As the floodgates are opening for large businesses and corporations to enter the crypto market, you see increasing demand for an established digital asset management platform. Luckily, Unido is among just a few who fits these criteria, but with all the noise in the crypto space now, it is crucial to compare similar products and projects to understand the options and differences between platforms better. Among the very few options today, this article will look at Fireblocks to analyze the different product offerings against the Unido ecosystem. Fireblocks is a digital asset management platform
  24. The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus stock trades” in 2020. Fed Presidents Profit From Multiple Million-Dollar Stock Deals Members of the Federal Reserve seem to have a mess to deal with as politicians and the media have called out a few members of the Fed for b
  25. U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in the use of cryptocurrency for criminal purposes.” US Senator Requests Agencies Take Steps to Prevent and Prosecute Use of Crypto for Criminal Purposes U.S. Senator Maggie Hassan wrote a letter to Attorney General Merrick Garland expressing her concern about the criminal use of cryptocurrencies Thursday. Garland is the 86th U.S. attorney general, the nation’s chief law enforceme
  26. Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has More Than 2,300 Smart Contracts Waiting to Be Deployed The Cardano (ADA) network upgraded last week and since then the most topical conversation among ADA proponents is smart contracts. The use of smart contracts on the Cardano network has been a holy grail of sorts f
  27. According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption of bitcoin as the crowd set fire to a bitcoin ATM. Human Rights Group Cristosal Files Complaint Against Nayib Bukele’s Regime On September 15, a large group of protestors took to the streets in San Salvador to protest the new bitcoin law implemented by Salvadoran president Nayib Bukele. It’s not the first
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