CoingeckoNews

Despite objections, Terraform Labs has secured representation from Dentons, as decided by a U.S. court.

Emma8 months ago15 mins

According to Reuters, US Judge Brendan Shannon has granted permission to Terraform Labs, a bankrupt cryptocurrency company, to engage Dentons for its legal representation. Shannon’s decision came during a bankruptcy court session held in Wilmington, Delaware, where he concluded that Terraform’s expenditure on legal services was a necessary and appropriate utilization of the company’s financially…

In April, the Zkevm Testnet is set to undergo the Dencun upgrade, as announced by a developer from Polygon.

Emma8 months ago05 mins

The eagerly awaited Dencun upgrade for Ethereum is scheduled to roll out on the zkEVM testnet in April. Jarrod Watts, a Developer Relations Engineer at Polygon Labs, anticipates significant advantages for Polygon zkEVM and other layer-2 solutions with this upgrade. Watts asserts that the initiatives outlined in EIP-4844 will enhance the Ethereum user experience and…

Amid security concerns, the Solana network is contending with congestion issues.

Emma8 months ago05 mins

in brief The Solana network is confronting numerous challenges arising from a sudden increase in user activity. Achieving a delicate equilibrium between stability and network expansion has become imperative in response to these challenges. Currently, the Solana blockchain network is facing a multitude of challenges due to a surge in user activity. Among these challenges,…

The CEO of Coinbase suggests that embracing Bitcoin is akin to reverting to the gold standard.

Emma8 months ago05 mins

On March 12, Coinbase CEO Brian Armstrong proposed that widespread adoption of Bitcoin might resemble a resurgence of the gold standard, offering a potential means to stabilize the U.S. economy amidst mounting national debt. In a post on X, Armstrong emphasized Bitcoin’s potential as a financial instrument capable of mitigating excessive government expenditure in the…

Nomura’s Laser Digital, Flow Traders, and GSR have collectively invested over $10 million in ClearToken.

Emma8 months ago06 mins

ClearToken, a digital asset clearinghouse, has recently secured a substantial investment exceeding $10 million, with notable contributions from Nomura’s digital asset arm, Laser Digital, alongside participation from prominent entities such as Flow Traders, GSR, LMAX Digital, and Zodia Custody, a subsidiary of Standard Chartered’s SC Ventures. This influx of investment marks a significant milestone for…

In a landmark money laundering case, the mastermind behind Bitcoin Fog has been found guilty.

Emma8 months ago06 mins

Roman Sterlingov, the creator of Bitcoin Fog, a prominent cryptocurrency mixing service, has been found guilty of money laundering by a United States District Court. On Tuesday, the verdict was rendered, convicting 35-year-old Roman Sterlingov on several counts, including money laundering, conspiracy to commit money laundering, running an unlicensed money transmission business, and infractions of…

CoinShares makes its entry into the US market official with the completion of the Valkyrie acquisition.

Emma8 months ago08 mins

in brief CoinShares, a European investment company, has finalized its acquisition of Valkyrie Funds LLC. This acquisition solidifies CoinShares’ position within the digital asset investment landscape. CoinShares, a European investment firm focused on digital assets, has completed its acquisition of Valkyrie Funds LLC, marking a significant expansion of its operations in the United States. With…

In a landmark trial, COPA seeks to challenge Craig Wright’s claim to being Satoshi.

Emma8 months ago06 mins

In what could be a pivotal moment, the Crypto Open Patent Alliance (COPA) appears to be making significant strides in its high-profile legal battle against Australian computer scientist Craig Wright, who asserts himself as the original creator of Bitcoin. The proceedings of the landmark trial, which have been ongoing in the UK, have entered their…

Nigeria focuses on obtaining user data from Binance as part of its efforts to crack down on cryptocurrency activities.

Emma8 months ago08 mins

According to a Tuesday report from the Financial Times, Nigerian authorities have purportedly asked Binance, the leading cryptocurrency exchange, to furnish details about its top 100 users in Nigeria and its complete transaction records from the preceding six months. Nigeria is contemplating imposing a $10 billion penalty on Binance in retaliation, citing their perceived detrimental…

Bernstein reaffirms its $150,000 Bitcoin forecast and advocates for investing in miners

Emma8 months ago05 mins

Bernstein analysts stand firm on their prediction of Bitcoin (BTC) reaching $150,000, following the accuracy of their previous forecast of $70,000 last month. In their latest market research report, the brokerage firm highlighted the positive performance of U.S. Bitcoin spot ETFs, launched in January, as a contributing factor to their bullish outlook. They anticipate the…