Celsius countersues KeyFi, claims deceit cost them millions
The CEO of KeyFi has been targeted by cryptocurrency lender Celsius. KeyFi had sued Celsius a week prior to its bankruptcy. On Tuesday, insolvent cryptocurrency lender Celsius countersued DeFi protocol KeyFi and its CEO Jason Stone in the US Bankruptcy Court. They claimed Stone had falsely represented himself as an authority on the subject and […]
Ethereum Foundation confirms merge upgrade date
The Ethereum network’s creators have specified dates in the month of September for the transition to proof of stake blockchain. “The merging” is approaching—possibly even sooner than initially anticipated. The Ethereum Foundation announced on its blog on Wednesday that the upgrade will now be finished in its entirety between September 10 and 20. Next month, […]
Cardano founder criticizes U.S. Tornado cash sanctions
Charles Hoskinson, the co-founder of Cardano blockchain platform, criticized the U.S. for blacklisting Tornado Cash for breaking sanctions. The government has criticized Tornado Cash, a decentralized Ethereum protocol for private transactions, for helping to launder more than $7 billion in digital assets. Hoskinson claimed in a video that the U.S. government is setting a very […]
FBI issues alert as ‘Pig Butchering’ crypto scam gains momentum
The Pig Butchering scam relies on a fraudster gaining confidence with their victim sometimes over a long time span of weeks or months.” According to recent media reports, U.S. officials have issued warnings about the pig butchering scam’s expanding notoriety, including the Federal Bureau of Investigation (FBI) and Lakewood Police, where incidents have been reported. […]
Peter Schiff asserts that Mark Cuban knew Voyager was a fraud
According to Peter Schiff, a crypto critic, Mark Cuban promoted Voyager Digital while aware that it was a hoax, and the lawsuit brought against the investor was “just the beginning.” Schiff thinks that since Cuban had expressed his skepticism toward cryptocurrencies in the past, such as in an interview with Wired in 2019, he must […]