In a recent statement, Congressman Tom Emmer, a prominent figure in the GOP and a staunch advocate for crypto, expressed his concerns regarding the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler. Emmer accused Gensler of abusing his authority, leading to the expansion of the Administrative State while “disregarding the interests of the […]
FTX sues LayerZero over alleged illicit fund withdrawals. Details inside…
The troubled cryptocurrency exchange FTX has taken legal action against the cross-chain protocol LayerZero Labs, aiming to recover $21 million in allegedly illicitly withdrawn funds prior to FTX’s closure in November.
Gaming blockchain Oasys partners Japan telco KDDI’s αU Wallet, αU Market in Web3 push
Oasys, a blockchain-based game development platform, will team up with non-fungible token (NFT) marketplace αU market and cryptocurrency wallet αU Wallet – a crypto wallet by KDDI, one of Japan’s top three telecom companies – for users to trade NFTs on the αU market. Fast facts This will enable users to buy and sell NFTs […]
Bitcoin: This silver lining could be BTC’s savior in coming days
BTC was surrounded by the bears as its RSI plummeted further at the time of writing. Some whales were seen contributing to selling pressure as of 11 September. Bitcoin [BTC], for the better part of the last seven days, managed to stick to the $25k price level. With the absence of significant buying pressure and […]
Here’s how Bitcoin’s hashprice may affect BTC soon
The Bitcoin hashprice has decreased, indicating a possible rebound for the coin. BTC was not trading near its premium, and a buying opportunity seems to have appeared. Quantified as the amount a miner can expect to earn from block subsidy and transaction fees, the Bitcoin [BTC] hashprice has historically influenced the coin price. While BTC’s […]
Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’
Worldcoin CEO Alex Blania appeared before an ad hoc parliamentary committee to defend his project, which had invested $17 million in Kenya before it was suspended. […] Read More… The post Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’ appeared first on CoinGeek.
Bitget announces further $100M fund for ecosystem development
The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia.
Ethereum (ETH) Transaction Fees Reach 2022 Lows, Entering Inflationary Period?
Ethereum (ETH) transaction fees have hit their lowest levels since 2022, marking a significant milestone for the second-largest cryptocurrency by market capitalization. According to insights from Ryan Selkis, the founder and CEO of Messari, the average fee for transferring ETH stands at $1.83, while the cost of token purchases via Uniswap is approximately $4.17. This […]
Here’s how Bitcoin’s hashprice may affect BTC soon
Historically, a notable decrease in Bitcoin hashrate, lays the ground for the price rebound. As it stands, BTC offers a buying opportunity. However, there are certain obstacles to look out for.
Worldcoin price remains rangebound, but traders intensify accumulation
Worldcoin’s price has traded in a narrow range since the beginning of the month. Accumulation has, however, climbed as new demand flocks in. The price of Worldcoin [WLD] has been trading sideways since the beginning of September, but accumulation among daily traders has climbed, an assessment of the alt’s price movement on a daily chart […]