Celsius Sale: Court Approves Officer as Consumer Privacy Ombudsman
Lucy Thomson has been chosen by the court as the consumer privacy ombudsman for the Celsius bankruptcy case. Her job will be to protect customer information in case the company is sold. Judge Martin Glenn, the U.S. judge in charge of the bankruptcy case of crypto lender Celsius Network, has agreed to appoint a consumer […]
Bitcoin Price Loses Steam At $20,500
If bulls don’t keep the price above $19,500, Bitcoin could fall back to its range below $19,500. After a few weeks of stability, the trend for cryptocurrency was to go up. This made a lot of people feel good about the market, but hopefully, people might have been too quick to say they would make […]
United Kingdom banks are a Threat to Crypto
Banks in the UK try to stop both businesses and people from investing in cryptocurrency. The problem should be fixed by the government. In 2018, the Financial Conduct Authority (FCA) of the United Kingdom wrote to the heads of the country’s biggest high-street banks to stress the importance of doing due diligence when doing business […]
Moldova Bans Cryptocurrency Mining Amid Energy Crisis
Because of a major lack of energy, the government of Moldova has decided to stop crypto mining in the country. The move is part of an emergency plan to cut power use because energy supplies are running low because of the growing conflict in Ukraine. To save power, the government of Moldova bans Bitcoin mining […]
Telegram Will Launch Usernames Auction On TON Network
TechCrunch says that Telegram, a social media platform, will sell the names of individual accounts and channels through an auction. The business has been taking steps to make more money. It announced earlier this year that it would use a subscription plan to stay in business. The TON blockchain will support the username auction, which […]