A British judge has ordered Craig Wright’s global assets worth $7.6 million (£6 million) after it was revealed he falsely claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. ) issued an order to freeze the equivalent amount. The order follows Wright’s decisive defeat in a landmark lawsuit against the Crypto Open Patent Alliance (COPA). In early March, Judge James Mellor debunked Wright’s long-standing claims, ruling that he did not write the Bitcoin white paper, create Bitcoin, or develop the initial software.Now, Mellor has granted COPA’s application for a worldwide freeze injunction to prevent Wright from squandering assets and…
Author: Crypto Flexs
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legal dispute with the US Securities and Exchange Commission (SEC) and Ethereum (ETH) It has turned into an interesting case in the entire cryptocurrency landscape, with several experts predicting possible outcomes related to the dispute. Ripple CEO Warns US SEC’s Inevitable Defeat for Ethereum As the battle progressed, Ripple Labs CEO Brad Garlinghouse said: exposed He shares bold predictions favorable to the Ethereum ecosystem while also demonstrating his optimistic insight into events. His positive insight comes in light of reports that the SEC is attempting to classify Ethereum as a “security” following a legal dispute over the digital asset. Brad…
join us telegram A channel to stay up to date on breaking news coverage Crypto investor and enthusiast Oscar Ramos explores the intricacies of Dogecoin20, a pre-sale project that recently emerged to capitalize on the pre-halving season. In a recent review, Oscar Ramos examines the project’s promise, team, and the unique features that distinguish it in the highly competitive cryptocurrency space. With the cryptocurrency market showing volatility, Oscar Ramos pointed out notable changes, including a 5% drop in Bitcoin over the past 24 hours. In this scenario, Dogecoin20 comes into play, offering investors potential profits. Last chance to participate in…
BitMEX founder Arthur Hayes said that despite the criticism, memecoins are having a positive impact on the blockchain ecosystem. In a new interview with Real Vision founder Raoul Pal, Hayes said memecoins are a “powerful” form of expression for the public. “You move to ETH, then you move to Solana, and then suddenly you’re trading Slerf or Dogwifhat, and it’s fun. Receiving financial compensation on the Internet is just humans experimenting and playing games with each other. I think it’s very funny. Of course, deal with responsibility and all that kind of stuff. But that’s just pure emotion, and there’s…
A Binance executive detained by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. He also wanted the district court to declare the seizure of his passport a “violation of his fundamental right to personal liberty.” Binance detained for violating personal freedom rights (…)
Fidelity Investments took another step in its efforts to launch a spot Ethereum ETF, filing a registration statement on March 27 despite an uncertain regulatory environment. This move follows a previous filing by Cboe, the planned exchange for this ETF, with the SEC on Form 19b-4 on behalf of Fidelity in November 2023. Fidelity’s actions, along with those of other companies aiming to introduce spot ether ETFs, demonstrate the growing interest in integrating digital assets into traditional financial products. However, obtaining regulatory approval presents notable challenges that highlight the evolving and uncertain nature of cryptocurrency regulation. S-1 application The company’s…
Driven by a $4.4 billion resurgence in Solana DeFi TVL and a $400 million surge in Bitcoin ETF inflows, BlockDAG has quietly become a leader in the cryptocurrency market, securing a whopping $10.9 million in its ongoing pre-sale phase. As BlockDAG prepares to close its fifth pre-sale at a price of just $0.003 per coin, investors are anticipating a potential 10,000x return on investment after official launch, making BlockDAG the best choice in the cryptocurrency space right now. Not only that, but it could also be a potential option. A disruptor ready to grow exponentially. BlockDAG stands out in the…
Concerns have emerged within the LENX community about a potential “slow rug pulling” as the unexplained transfer of financial assets worth millions of dollars has raised suspicions.Mysterious withdrawal trigger alarmRumors have been swirling on social media about possible misconduct by liquidity protocol LENX. Reports that founders had transferred significant tokens to their Binance accounts without a clear explanation led to speculation that the rug would slowly be pulled out.Founder under investigationFounders John Kim and an individual named Paul have been at the center of controversy for allegedly moving more than $10 million from LENX’s funds. The lack of post-transaction communication…
The price of XRP rose just 1% in the past week. Key technical indicators suggest further decline in altcoin values. Ripple’s native token XRP failed to record significant price gains last week despite an overall market rally. Cryptocurrency markets as a whole surged during the period, with the price of Bitcoin (BTC) rising above $70,000. According to data from CoinGecko, global cryptocurrency market capitalization has increased 8% over the past seven days. At press time, this was $2.8 trillion. XRP is trending in the opposite direction. At the time of writing, XRP is trading at $0.62. Its value has increased…
March 27 What is arbitrage (ARB)? Posted at 18:11h by token by admin Arbitrum is an Ethereum layer 2 scaling solution that leverages optimistic rollups to improve speed, scalability, and cost-effectiveness while maintaining Ethereum’s security and compatibility. By offloading most of the computation and storage off-chain, you significantly reduce transaction fees and increase throughput. ARB, Arbitrum’s native governance token, provides governance rights to ARB holders within Arbitrum DAO, Arbitrum’s decentralized autonomous organization (DAO) framework. ARB allows ARB holders to vote on protocol upgrades and other important decisions, promoting community-driven development of the platform. Founded by Offchain Labs, Arbitrum has a…