Celsius Network, a cryptocurrency lending and borrowing platform, has filed a lawsuit against StakeHound, a platform that provides wrapped tokens on the Ethereum blockchain. Celsius Network claims that StakeHound violated its obligations in relation to the placement of tokens, demanding the return of approximately $150.3 million. The dispute revolves around a partnership between the two platforms, where StakeHound issued wrapped tokens that represent stake positions in various proof-of-stake ...

Celsius Network, a cryptocurrency lending and borrowing platform, has filed a lawsuit against StakeHound, a platform that provides wrapped tokens on the Ethereum blockchain. Celsius Network claims that StakeHound violated its obligations in relation to the placement of tokens, demanding the return of approximately $150.3 million. The dispute revolves around a partnership between the two platforms, where StakeHound issued wrapped tokens that represent stake positions in various proof-of-stake ...

In a stunning display of overnight market dynamics, the price of Bitcoin Cash (BCH) skyrocketed by a staggering 35%, shattering a 14-month record high. Witnessing a remarkable surge from $240 to $325, BCH enthusiasts and investors were left in awe. The sudden and monumental upswing in Bitcoin Cash's price can be attributed to a myriad of factors, ranging from the ebbs and flows of market sentiment to the prevailing trends within the broader cryptocurrency landscape. Such price surges ser...

In a stunning display of overnight market dynamics, the price of Bitcoin Cash (BCH) skyrocketed by a staggering 35%, shattering a 14-month record high. Witnessing a remarkable surge from $240 to $325, BCH enthusiasts and investors were left in awe. The sudden and monumental upswing in Bitcoin Cash's price can be attributed to a myriad of factors, ranging from the ebbs and flows of market sentiment to the prevailing trends within the broader cryptocurrency landscape. Such price surges ser...

On August 1, Trustee Plus, a Ukrainian cryptocurrency neobank, launched payment cards on the Mastercard network. These cards allow users to make payments at retail outlets using their digital assets. The Trustee Plus card is issued within the European Economic Area and can be linked to the user's cryptocurrency balance through Google Pay or Apple Pay. When the user makes a transaction, the card automatically converts the equivalent amount in euros and transfers it to the seller's ac...

On August 1, Trustee Plus, a Ukrainian cryptocurrency neobank, launched payment cards on the Mastercard network. These cards allow users to make payments at retail outlets using their digital assets. The Trustee Plus card is issued within the European Economic Area and can be linked to the user's cryptocurrency balance through Google Pay or Apple Pay. When the user makes a transaction, the card automatically converts the equivalent amount in euros and transfers it to the seller's ac...

In a remarkable turn of events, Ethereum users are now experiencing a substantial drop in transaction fees, reaching the lowest levels seen in the past two months. This significant decline has caught the attention of the cryptocurrency community, igniting hope for improved user experiences and cost efficiency when conducting transactions on the Ethereum blockchain. The descent in Ethereum fees is a much-needed respite for network participants who have endured exorbitant costs during periods o...

In a remarkable turn of events, Ethereum users are now experiencing a substantial drop in transaction fees, reaching the lowest levels seen in the past two months. This significant decline has caught the attention of the cryptocurrency community, igniting hope for improved user experiences and cost efficiency when conducting transactions on the Ethereum blockchain. The descent in Ethereum fees is a much-needed respite for network participants who have endured exorbitant costs during periods o...

The recent report by the Financial Times reveals that a Gibraltar court has frozen cryptocurrency wallets potentially linked to the now-defunct Globix exchange, which went bankrupt in March, on several major trading platforms. The purpose of the action is to enable Globix liquidators to locate the elusive $43 million that was missing from their accounts. The court's decision has affected the operations of some of the largest cryptocurrency exchanges, including Binance, Crypto.com, Bitsta...

The recent report by the Financial Times reveals that a Gibraltar court has frozen cryptocurrency wallets potentially linked to the now-defunct Globix exchange, which went bankrupt in March, on several major trading platforms. The purpose of the action is to enable Globix liquidators to locate the elusive $43 million that was missing from their accounts. The court's decision has affected the operations of some of the largest cryptocurrency exchanges, including Binance, Crypto.com, Bitsta...

Dollar stablecoins have become the hot topic of discussion amongst the crypto-trading community. These stablecoins are a subclass of cryptocurrencies, which are known for maintaining a stable value against some reference, usually a fiat currency. In the crypto-market, investors and traders seeking stability and security prefer these stablecoins over other cryptocurrencies that are highly volatile. Dollar stablecoins are immensely popular due to the US dollar's widespread recognition as a...

Dollar stablecoins have become the hot topic of discussion amongst the crypto-trading community. These stablecoins are a subclass of cryptocurrencies, which are known for maintaining a stable value against some reference, usually a fiat currency. In the crypto-market, investors and traders seeking stability and security prefer these stablecoins over other cryptocurrencies that are highly volatile. Dollar stablecoins are immensely popular due to the US dollar's widespread recognition as a...

In a surprising announcement, U.S.-based crypto payment company Wyre has revealed its decision to shut down operations after a decade of serving the cryptocurrency industry. The company cites the challenging bear market conditions as the primary reason for its closure, marking yet another casualty in the ever-evolving crypto landscape. Wyre, known for providing seamless and secure payment solutions for businesses and individuals in the crypto space, has been a prominent player in the industry...

In a surprising announcement, U.S.-based crypto payment company Wyre has revealed its decision to shut down operations after a decade of serving the cryptocurrency industry. The company cites the challenging bear market conditions as the primary reason for its closure, marking yet another casualty in the ever-evolving crypto landscape. Wyre, known for providing seamless and secure payment solutions for businesses and individuals in the crypto space, has been a prominent player in the industry...

In the wake of the Shapella hard fork on the Ethereum network, the total value locked (TVL) in decentralized applications (dApps) has surged above $90 billion in April. This is the first time TVL has exceeded this level since September 2022, according to a recent report by ForkLog. The activation of the Shapella hard fork, which is aimed at improving the network's scalability and reducing transaction costs, has sparked renewed interest in Ethereum-based dApps. As a result, more users are...

In the wake of the Shapella hard fork on the Ethereum network, the total value locked (TVL) in decentralized applications (dApps) has surged above $90 billion in April. This is the first time TVL has exceeded this level since September 2022, according to a recent report by ForkLog. The activation of the Shapella hard fork, which is aimed at improving the network's scalability and reducing transaction costs, has sparked renewed interest in Ethereum-based dApps. As a result, more users are...

The co-founder of The Sandbox, Sebastian Borge, has called for digital assets to be recognized as "property." This statement comes as the world increasingly embraces cryptocurrencies and non-fungible tokens (NFTs), according to a report by Cointelegraph. During his speech at the Blockchain Week conference in Rome, Borge emphasized the growing number of individuals who have grown up with digital devices. He believes that over half of the global population can now be considered "digital natives...

The co-founder of The Sandbox, Sebastian Borge, has called for digital assets to be recognized as "property." This statement comes as the world increasingly embraces cryptocurrencies and non-fungible tokens (NFTs), according to a report by Cointelegraph. During his speech at the Blockchain Week conference in Rome, Borge emphasized the growing number of individuals who have grown up with digital devices. He believes that over half of the global population can now be considered "digital natives...