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Archiv für August 2022

Bitcoin Bull Michael Saylor Sued For Allege Tax Fraud

Bitcoin investor and founder of software company MicroStrategy Michael Saylor are being sued for alleged tax fraud, according to a complaint filed by the United States D.C. Attorney General Karl Racine. The billionaire has been living in this state for around ten years, the government official said but has allegedly failed to meet tax obligations.…

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Bitcoin On-Chain Activity Bleeds Despite Hashrate Growth

Bitcoin on-chain activity has been swinging between green and red for a while. This time around, though, after the price of bitcoin had suffered a tremendous loss, the on-chain activity has turned to the downside once more. The decline has cut across the majority of metrics, leading to as large as double-digit declines in some…

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Bitcoin Bill Rejected By Paraguay’s President – Here’s Why

The bitcoin utopia dream from this part of the globe could be in jeopardy. Recent years have witnessed a regulatory boom for cryptocurrencies in South America. This was consistent with the rather optimistic attitude on crypto held by several nations in the region. On Monday, however, the president of Paraguay thumbed down a law that…

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Hodlnaut Under Creditor Protection Following Its Withdrawals Halt

Hodlnaut is one of the latest companies struggling with insolvency issues. The crypto winter of the year gave a terrible blow to several crypto-related firms and service providers. Some tried different approaches that could cut down their expenses. This led some companies to lay off some employees to lower their costs per head. Hodlnaut, the…

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Brad Garlinghouse Confronts Allegations Of His Involvement In A Scam

Serious crypto fraud allegations and conspiracy were recently exposed online against Ripple CEO Brad Garlinghouse. The alleged scheme involves Kyle Roche of Roche Freedman Law Firm and CEO of Ava Labs, Emin Gün Sire. It has recently dragged in Ripple’s CEO Brad Garlinghouse. In addition, Crypto Leaks released some video clips that implicated all the…

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Expert Claims Avalanche Expose Was A Propaganda Against The Protocol

Avalanche is an open-source decentralized blockchain developed platform to solve limitations on different decentralized protocols. Hence, its operations cut across high scalability, speedy execution of transactions, and lower transaction costs. With this height in performance, Avalanche has remained one of the top competitors of Ethereum. The blockchain has rolled out several products and applications to…

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Argentina Wine Producer Mendoza Province Adopts Crypto Payments To Receive Taxes

Although the crypto market has been facing tough times with Fed adding fuel to the fire with its hawkish approach to the industry, some countries have shown an incredible interest in digital assets simultaneously. The fifth most populous territory of Argentina, Mendoza, known for its production of wine, now accepts crypto payments to receive provincial…

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The Wall Street Journal Attacks, Tether Responds. Who Won?

Is this attack on Tether part of The Wall Street Journal’s general campaign against bitcoin and crypto? Or did the newspaper feel the impulse to get in on the Tether FUD action a few months too late? Did Tether competitors pay for this article or is it an organic piece of journalism? The WSJ article…

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DeFi Tokens See The Largest Jump As Ethereum Reclaims $1,500

Decentralized finance (DeFi) tokens have always followed the movement of Ethereum closely. This is why whenever the digital asset has been on the rise, the prices of other DeFi tokens have grown rapidly too. This is the case now as the crypto market has entered another recovery trend. Bitcoin has once more settled above $20,000,…

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