Tag: bitsellx

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‘Anything is possible’ — John McAfee’s former wife responds to faked death claims

“John McAfee’s life was shrouded in controversy and it is only fitting that his death is shrouded in controversy as well,” said Janice McAfee. The former wife of crypto evangelist and computer programmer John McAfee has responded to a claim made by his ex-girlfriend that he faked his death and was currently in hiding. John…
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Coinbase says it will ‘evaluate any potential forks’ following the Merge

“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. In a Thursday update to an…
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Regulators have a weak case against FTX on deposit insurance

FTX made an error in messaging when it suggested depositors were insured, but federal regulators will have a hard time proving the exchange did so with sinister motives. In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison,…
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Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back

Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars? Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A long-running statistic suggests four million Bitcoin — almost 20% of the total supply — has…
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XRP price pumps and dumps amid mysterious $51M whale transfers — What’s next?

XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. XRP price saw a major spike on Aug. 26, hinting at a possible effect from some big traders. Large XRP transfers, Ripple Swell Global event Notably, XRP’s price jumped 6% to $0.37, a two-week high, during the early London hours. The token’s…
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China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk

China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid the depreciating yuan, China is suffering…
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Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators

Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing…
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Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement

The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.” Crypto Flare Mitigation Company Crusoe Files a Lawsuit Against the Texas-Based Alkane Midstream Gas-to-bitcoin flare mitigation company…
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US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal

Major US crypto ATM provider Bitcoin Depot has signed a deal with GSR II Meteora Acquisition Corp, paving the way for the two companies’ merger and listing on the NASDAQ exchange. Per the press release,… Read More: US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal  Read more »Sign up…
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Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway

Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway. Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the…
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