One community member described the salaries as “insanely out of touch,” while another Twitter user accused those who established the rates of being “disconnected from reality.“ Leaders of the decentralized autonomous organization (DAO) governing the ApeCoin (APE) ecosystem have been criticized by community members for what they described as “insane” salaries after the sums were...Continue Reading
The Bitcoin community helped Uganda’s Brindon Mwiine travel to BTC Prague after winning tickets for his adoption efforts in East Africa. An Uganda Bitcoiner embarked on a community-funded trip from East Africa to Prague after winning tickets to BTC Prague for his adoption-driving efforts in the country. Brindon Mwiine, the founder of Ugandan-based Bitcoin (BTC)...Continue Reading
Samson Mow, the CEO of Jan3, spoke with Cointelegraph about the current state of Bitcoin and why he’s bullish for the future. In recent weeks, the cryptocurrency market has faced bearish trends, driving crypto market capitalization down to its lowest level in over two months. However, according to some market analysts, Bitcoin (BTC) and other altcoins...Continue Reading
Bitcoin has plenty of resistance levels to deal with as CPI starts a major macro week for risk asset markets. Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin price inches between trend lines Data from Cointelegraph Markets Pro and TradingView showed...Continue Reading
Rockstar believes that as more quality Bitcoiners join, support, communicate and collaborate, Bitcoin will continue to rise. BTC Prague 2023 highlighted that there remain many places in the world where Bitcoin (BTC) adoption is still in its early stages, but the community is optimistic it can onboard more BTC supporters despite the challenges that come its...Continue Reading
Bitcoin pitch invasion! A new Cointelegraph video examines a local soccer club’s impact on its town and national Bitcoin adoption. Can a football team backed by Bitcoin (BTC) really raise up a town? In the latest Cointelegraph documentary, reporter Joe Hall investigates the impact of a Bitcoin football club, Real Bedford, on the small commuter town...Continue Reading
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United States securities regulator agastating that multiple cryptocurrencies are “not securities.” On June 12 multiple Twitter accounts shared the video which is understood to...Continue Reading
Binance.US has lodged its defense ahead of tomorrow’s hearing on whether it’s funds will be frozen. Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business. In a June 12 filing, Binance.US slammed...Continue Reading
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern district court in California, arguing that...Continue Reading
Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic. Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto. On June 13, blockchain security...Continue Reading
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