Crypto influencer named in FTX lawsuit served via tweet
A law firm backing an FTX investor lawsuit served a crypto influencer in a tweet. A cryptocurrency YouTuber has been served a lawsuit through a tweet after a United States court allowed the action, as lawyers claimed they couldn’t serve him through other means. The May 2 order from a Florida district court judge granted…
How to View the Activity of a Bitcoin Address
A bitcoin address is an important location that allows users to exchange bitcoins with each other. Your bitcoin address is unique to our account and is required for sending and receiving bitcoins. Since the bitcoin blockchain is transparent, information about a Bitcoin address is available to the public. Understanding how Bitcoin works can be used…
Ripple CTO Talks Upcoming Enterprise Identity Solution and AMM Feature on XRPL
According to David Schwartz, Ripple is working on an identity solution allowing enterprises to comply with global sanctions. In a recent discourse, David Schwartz, the CTO at Ripple, shared insights on the forthcoming Automated Market Maker (AMM) functionality on the XRP Ledger. Additionally, he shed light on an identity resolution mechanism that Ripple is developing,…
SHIB Burn Plunges Drastically, While Price Fails to Recover Overnight
Per the recent report by Shibburn crypto platform that tracks SHIB transfers to unspendable addresses on Etherscan and then accumulates this data on its website, within the past 24 hours, the burn rate of Shiba Inu has plunged by slightly over 50%. As it happened, the price of Shiba Inu, which added one zero on…
First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues
PLUS: Western crypto innovators with great ideas are eyeing the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto’s model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes. Good morning. Here’s what’s happening: Prices: As Asia’s trading day begins, bitcoin drops 4% to $27,981, and ether declines…
NEAR Is the Blockchain Operating System: Your Entry Point to Web3
The centralization of the internet has failed users in many ways. Despite creating a robust number of features, the continuation of a centralized internet has favored internet companies, not users. Facebook, Google, Amazon, TikTok and other Web2 tech giants offer users a lot of great features, but they also have significant drawbacks including: walled gardens,…
Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab
“Binance Launchpool are meant as air drops for our retail users, not just for a few whales,” Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance. Tron founder Justin Sun tweeted on Monday that he has arranged a full refund of a $56 million transfer to exchange platform Binance after…
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has…
XRP Delisting Might Hurt Coinbase’s Fair Notice Defense, Crypto Lawyer Says Why
XRP enthusiast and Australian-based lawyer Bill Morgan believes that the fact that the Coinbase crypto exchange delisted or ceased to allow the trading of XRP might hurt its fair notice defense to a claim by the SEC. In the past week, Coinbase formally responded to a Wells notice from the SEC. A Wells notice is…
Germany Eases Access to Capital Market for Crypto Startups
The German government is developing more lenient rules for financial innovation startups as part of the Future Finance Act. The new bill also envisions capital markets digitalization through the issuance of electronic securities on a blockchain. Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice (BMJ) drafted a bill that aims to…
