White hat: I returned most of the stolen Nomad funds and all I got was this silly NFT
Metagame’s founder, who’s behind the NFT offering said he has no idea whether it’ll actually incentivize hackers to return funds, but it’ll “be cool if it does!” Hackers behind the $190 million Nomad Bridge are now being incentivized with “whitehat” …
Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi …
Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry. Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 …
Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto
“Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius […] including these remaining crypto assets,” said Celsius’ legal team. Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed …
Iconic brands including Nike, Gucci have made $260M off NFT sales
Nonfungible tokens give major brands new ways of interacting with their consumers spanning art, fashion and gaming. The hype surrounding nonfungible tokens (NFTs) has allowed some of the world’s most iconic brands to rake in hundreds of millions of dollars …
A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’
Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued. Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off …
China begins next phase of CBDC testing with e-CNY payment for public transport
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank …
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
The Minnesota Republican highlighted the practical issues that could allegedly arise from the placement of smart contract addresses on the SDN list in a series of pointed questions. United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary …
What crashed the crypto relief rally? | Find out now on The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that …
Plaintiff in Coinbase lawsuit raises issues of account lockouts, crypto as a security
A Coinbase user claimed the crypto exchange “boldly flouts federal and state laws” by not completing the proper registration as a securities exchange in the United States. One user has filed a class-action lawsuit against crypto exchange Coinbase on behalf …