SudoRare shuts down its services, social media accounts
AMM protocol SudoRare has suddenly shut down its services and social media accounts after allegedly making away with 519 Ether, worth roughly $815,000. Sungjae_han, a member of the cryptocurrency community, was the first to draw attention to a suspicious transaction that used the LooksRare (LOOKS) and USD Coin (USDC) tokens to siphon off a sizable […]
Houston firefighters’ relief and retirement fund reportedly allocates $25M to Bitcoin and Ether
A portion of the $4 billion pension fund for Houston firemen has been allocated to cryptocurrency, the fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. According to a Bloomberg report published on Thursday, the Houston Firefighters’ Relief and Retirement Fund used the New […]
BTC price plummets to $47K as weekly close neatly tracks Bitcoin futures gap
The weekly gain for BTC buyers is minimal, as Saturday’s progress returns to square one the next day. On Sept. 19, Bitcoin (BTC) retested $47,000 as the weekly close appeared to be hinged on the CME futures gap. Following the erasure of profits, Bitcoin has come full circle As the week came to a conclusion, […]
AMC sets to adds Ether and Litecoin to crypto payments for movie tickets
By the end of 2022, cinema operator AMC will not only accept Bitcoin (BTC) as a form of payment for movie tickets but will also accept other prominent digital currencies including Ether and Litecoin. On Thursday, AMC CEO Adam Aron revealed intentions to accept three additional cryptocurrencies: Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) […]
UK hedge fund Brevan Howard launches crypto division
Brevan Howard has also engaged Colleen Sullivan, the former CEO of CMT Digital, to oversee private and venture capital investments in cryptocurrency. The hedge fund Brevan Howard , which is based in the United Kingdom, intends to “significantly expand” its bitcoin and digital asset portfolio, according to a recent report from Reuters. Founder and long-time […]