Tag: bitsellx

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Basketball star for a crypto launderer? Alexander Vinnik’s lawyers considers prisoner swap: Report

Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April. The legal team for Alexander Vinnik, a Russian national recently extradited to the United States for his alleged role at defunct crypto exchange BTC-e, has reportedly been urging…
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PraSaga awarded U.S. patent for placing computer operating system onto the blockchain

The patent protects claims for processing non-singular message passage transactions on the blockchain. According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed “SagaOS,” on the blockchain. Titled “Systemic Extensible Blockchain Object Model Comprising A First-class Object Model…
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Trademark applications for crypto, NFTs, and metaverse surge in 2022: Report

Data from March reportedly showed the largest number of U.S. trademark filings in 2022, with 1,078 for NFTs, 604 for cryptocurrencies, and 759 for the metaverse. The number of U.S. trademarks filed related to cryptocurrencies, nonfungible tokens, Web3, and the metaverse since January have reportedly passed those in 2021. According to data compiled by intellectual…
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New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear

While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief…
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs

BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery. An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in…
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Japanese Government Presents Local Authorities with NFTs in National First

Japan’s cabinet has handed out non-fungible token (NFT) awards – in a new first for the nation’s government. The tokens were distributed to the local government authority winners of a nationwide digitization competition and represent “digital certificates” of achievement, CoinPost reported…. Read More: Japanese Government Presents Local Authorities with NFTs in National First  Read more…
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World Vision Becomes First South Korean Charity to Accept Crypto

\The South Korean arm of the charitable organization World Vision has announced that it will accept donations made in cryptoassets – a first for a South Korean NGO. Per the media outlet EDaily, as well as Maeil Kyungjae, the charity has signed a “blockchain cooperation deal” with a startup named Publish. The move will allow…
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Exchanges Vow to Keep ETH Trading Open as Merge Moves Closer

Crypto exchanges are vowing to keep trading open and unaffected during Ethereum’s (ETH) transition to proof-of-stake (PoS), despite deposits and withdrawals of ETH and ERC-20 tokens being halted.  Meanwhile, the major exchange FTX has gone one step further, announcing a halt to wrapped ETH transactions on other chains as well…. Read More: Exchanges Vow to…
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BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’

The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests…. Read More: BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’…
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ADA’s Weekend Rally Pauses as Cardano Confirms ‘Most Significant’ Upgrade

The price of Cardano’s native token ADA rallied over the weekend, as the Cardano development firm Input Output confirmed the date for a highly anticipated network upgrade. As of Monday morning, however, the rally has come to a halt for now…. Read More: ADA’s Weekend Rally Pauses as Cardano Confirms ‘Most Significant’ Upgrade  Read more…
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