Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist. Green United LLC has lost…
Category: Cointelegraph
Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform. Solana-based decentralized exchange…
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.…
21.co’s Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices. 21.co, the parent company of cryptocurrency asset manager 21Shares, announced on Sept. 23…
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseasonÂ
Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data. Altcoins have displayed strength following Bitcoin’s recent recovery…
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million. The Celestia Foundation has…
Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective. The Hong Kong Monetary Authority (HKMA) has launched the second…
Investment managers eye ‘extraordinary upside' from BTC options debut
They could potentially spark “explosively recursive” price upside for Bitcoin, according to one investment manager. Investment managers expect the United States debut of options on…
Solana TVL declines, but will SOL price react negatively?Â
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price? Solana (SOL), the native token of the…
Bitcoin’s bottom slowly erodes as whale wallets increase by 3%Â
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank. The number of…