Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors 101

Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors

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Javier Biosca, a man accused of masterminding a Spanish crypto-themed fraud project believed to be worth over USD 330 million euros, has appeared before a virtual court hearing to deny that he intended to cheat investors out of their funds. He also claimed he would be able to “fix the situation” for investors currently unable to access their stakes “in three or four weeks.”
RUNE Recovers 11% After Crash and Thorchain USD 8M Hack 101

RUNE Recovers 11% After Crash and Thorchain USD 8M Hack

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Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering.
Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans 101

Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans

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The Facebook founder Mark Zuckerberg has gone public with his ambitions to transform into a “metaverse company,” a move that could potentially have an impact on the firm’s Diem stablecoin plans.
Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down 101

Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down

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Bitcoin price is consolidating gains below USD 32,500. Ethereum still trades above USD 2,050 while XRP corrected below USD 0.60 again. AXS extended its gains above USD 30, while RUNE is down by 15%.
XLM Rallies as Stellar Is Said To Be Mulling MoneyGram Acquisition 101

XLM Rallies as Stellar Is Said To Be Mulling MoneyGram Acquisition

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Amidst the most recent news of potential acquisition involving US money-transfer giant Moneygram and the Stellar Development Foundation, stellar (XLM) rallied.
Fan Tokens Booming at Japanese Pro Football Clubs 101

Fan Tokens Booming at Japanese Pro Football Clubs

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Football preliminaries are underway at the Tokyo Olympics, but sports-minded crypto enthusiasts are looking past the on-field action and toward the way clubs are financed – and what kind of role club tokens could play.
Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter 101

Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter

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The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in cryptoasset classification – and now hopes to have its protracted war with the regulator dismissed.
China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan 101

China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan

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Beijing has lashed out at three Republican senators who have asked the United States Olympic & Paralympic Committee to block American athletes from using the digital yuan, the central bank digital currency (CBDC) that the country is hoping to dazzle the world with at the 2022 Beijing Winter Olympics, to be held in the capital from February.
Bitcoin Climbs Above USD 31K, Ethereum And Altcoins Grind Higher 101

Bitcoin Climbs Above USD 31K, Ethereum And Altcoins Grind Higher

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Bitcoin price is up over 6% and it broke the USD 31,000 resistance. Ethereum gained almost 9% and it surpassed USD 1,900, XRP broke the USD 0.55 resistance. TFUEL, RUNE, MATIC, and TEL are up over 24%.
After Three Years, Circle Reveals USDC Reserves 101

After Three Years, Circle Reveals USDC Reserves

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It took nearly three years for US-based crypto company Circle, the issuer of major stablecoin USD Coin (USDC), that is preparing to go public, to finally reveal how this token is backed.
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