Bitcoin Depot has announced its backdoor listing plans on the Nasdaq by the first quarter of 2023 via a merger with special purpose acquisition company (SPAC) GSR II Meteora at an estimated equity value of US$885 million, the crypto ATM operator said in a statement. See related article: Bitcoin ATMs face existential threat in Hong…
More than US$100 million worth of NFTs were scammed between July 2021 and July 2022, with each scam perpetrator making an average of US$300,000, according to a report released on Wednesday by crypto analysis firm Elliptic. See related article: Who fared worse in cryptocurrency slump: criminals or legitimate users? Fast facts See related article: Ronin…
The Shanghai Data Exchange has debuted blockchain-based digital assets without allowing secondary trading, a day after the exchange began digital asset trading on Wednesday. See related article: Ant Group, JD.com, Tencent pledge to resist speculation of ‘digital collectibles’ Fast facts See related article: Beijing, Hengqin ramp up metaverse amid struggling economy
Bitcoin and Ether staged a rebound Thursday afternoon in Asia, with most other tokens in the top 10 cryptocurrencies by market capitalization following them higher in a tentative recovery from last week’s slump. See related article: Markets: Bitcoin treads water, Ether Classic gets a bump, Cosmos gains on Kujira news Fast facts Bitcoin gained 1.97%…
Alleged Tornado Cash developer, Alexey Pertsev, was accused of facilitating money laundering through the now-sanctioned crypto mixer. Pertsev will stay in jail for at least another 90 days, a judge in the Netherlands ruled on Wednesday. The developer has not been officially charged with any crime. See related article: Tornado Cash arrest heralds storm season…
Crypto trader Cobie has donated US$100,000 to YouTuber Erling Mengshoel “Atozy” to fight a lawsuit filed against him by Ben Armstrong “BitBoy Crypto”. See related article: Crypto ‘finfluencers’ are attracting a new following — of regulators Fast facts In a Twitter post, Atozy said he was being sued by BitBoy Crypto for a video Atozy…
The “Bellatrix” upgrade ahead of the Ethereum merger will activate on Sept. 6, followed by the Ethereum mainnet merge between Sept.10-20, according to a blog published on Thursday by the Ethereum Foundation. See related article: Fast facts See related article: Chandler Guo tells why he is the man who would hard fork Ethereum
The U.S. Securities and Exchange Commission is requesting to file a lengthy reply to its motion that seeks to exclude the testimony of Ripple Labs’ witnesses, as the SEC’s lawsuit against Ripple drags on. See related article: Judge grants Ripple’s request to review videos of SEC officials Fast facts The SEC filed the request on…
Ant Group, Chinese tech giant Alibaba’s fintech affiliate, has partnered with Malaysian investment bank Kenanga to launch a wealth management app with features to trade cryptocurrencies. See related article: Tencent gets patent nod to use blockchain for missing persons’ notices Fast facts Kenanga Investment Bank Berhad announced on Wednesday that it signed a memorandum of…
Tether Holdings Ltd.,the issuer of USDT, the world’s largest stablecoin by market capitalisation, Wednesday said freezing the sanctioned addresses might interfere with ongoing investigations despite no clear instruction to do so by law enforcement. See related article: Bad actors in North Korea, Russia send record-high funds to crypto mixers Fast facts The U.S. Treasury Department’s…