Founder of the multi-million dollar Ponzi scheme Bitclub pleads guilty
The founder of the Bitclub Network admitted charges against him of selling unregistered securities and filing a false tax return. The damage from Bitclub's actions is estimated at $722 million.
SushiSwap tokens collapse after vulnerabilities were discovered and developer fund was partially sold
The DeFi project of the decentralized crypto exchange, SushiSwap, which raised more than $1.5 billion, found itself at the center of a scandal after a dozen vulnerabilities were discovered in its code, and the anonymous founder sold half of the developers' fund.
Illegal mining farm found in Russian Caucasus
The North Caucasian division of the Russian energy company announced it revealed another mining farm that was illegally connected to the power supply.
Bitcoin lost 10% within a day due to bitcoin sale initiated by miners
The reason for bitcoin price fall could be the sale of mined coins initiated by miners. The cryptocurrency sank 10% per day and continues to decline.
Report: Cryptocurrency Holders Are Indifferent to Privacy
Despite the abundance of modern cryptographic tools aimed at preserving privacy on the network, crypto users rarely use them and have little interest in it.
DeFi protocol SushiSwap raises $700 million in three days
More than $700 million in cryptocurrencies were frozen in the SushiSwap protocol within the first three days. Sushiswap is a fork of the decentralized trading platform Uniswap. Users were not even embarrassed by the fact that the software was practically not subject to technical audit.
Uniswap surpasses Coinbase in daily trading volume
The trading volume on Uniswap exceeded the volume of trades on Coinbase Pro for the first time in history. The growth is due to the unprecedented popularity of DeFi projects.
Research: number of bitcoins in wallets of miners reaches two-year high
Bitcoin miners are in no hurry to sell their mined coins, expecting the first cryptocurrency that is currently trading at about $11,000 to grow. Miners' wallets accumulated a record high number of bitcoins.
Buterin names main problems of cryptocurrency world
Ethereum creator Vitalik Buterin assessed the risks bitcoin, Ethereum and other cryptocurrencies. He shared his concerns about technical problems and regulatory threats.
Thousand of unlicensed mining farms closed in Iran
After the launch of whistleblowers program, Iranian authorities disclosed more than a thousand of cryptocurrency mining farms that operated without special license.
Sberbank and S7 Airlines to start selling tickets through blockchain platform
S7 Airlines, in partnership with Sberbank, is implementing a ticket purchase system using a blockchain-based platform, smart contracts and tokens. The service will be available to ticket agents who have corporate accounts in Sberbank.
Coinbase accuses Apple of bias against cryptocurrency applications
The Apple Store continues to block cryptocurrency-related apps. According to the head of Coinbase, the IT giant demonstrates hostility towards cryptocurrencies.
Research: washing trades on some crypto exchanges reaches 98%
Blockchain Research Lab found witnesses of high levels of fake trading on several crypto exchanges. They urge CoinMarketCap and CoinGecko to step up the fight against this practice and display clearer trading data.
Chainalysis: $50 billion was moved from China using cryptocurrencies
Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls.
Russian bank grants loan secured by cryptocurrency for the first time in Russia
Expobank became the first financial institution in Russia to grant an individual bank loan secured by cryptocurrency. The pledge was Waves tokens.
