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Unparalleled and unbiased #1 source of news about #Crypto, #Bitcoin, #Ethereum, #NFT and #Blockchain in real-time. Latest updates, analysis and researches. Coingraph Chat Group: @CoingraphChat
RECENTLY: MicroStrategy Chairman, Michael Saylor, revealed that the company purchased 155 BTC for $5.3 million in October.
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RECENTLY: Muhammed Moshood, an alumnus of Moshood Abiola Polytechnic (MAPOLY) in 🇳🇬 Nigeria, calls for the adoption of blockchain and innovative entrepreneurship projects among the students of the institution.
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Now Thomas has only 2 attempts left to guess the password and regain access to his bitcoins. The value of BTC on disk today is estimated at $244 million.
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Elon Musk and his artificial intelligence startup xAI have released Grok, an AI chatbot that can supposedly beat OpenAI's ChatGPT.
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JUST IN: #Monero's CCS wallet was exploited on September 1, 2023, with the attacker draining 2,675.73 XMR ($460,000) in nine transactions, as revealed by the project.
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JUST IN: #Aave paused Ethereum and V3 markets to address a feature issue, ensuring user fund safety.
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The U.S. Supreme Court has agreed to review a dispute involving cryptocurrency exchange Coinbase's attempt to shift a disagreement with its users from the courts to private arbitration, a route often favored by businesses over litigation. Coinbase is appealing a lower court's decision that the trading platform essentially waived its right to arbitrate a dispute arising from a 2021 sweepstakes, which users later claimed was false advertising.
Arbitration is a preferred choice for companies due to its cost-effectiveness and quicker resolution compared to court litigation, which is often more challenging and carries the risk of substantial damages. The crux of the matter lies in determining whether a judge or an arbitrator has the authority to decide which of the two seemingly conflicting agreements takes precedence in the Coinbase-user dispute. This decision would subsequently dictate whether the dispute proceeds through arbitration or in a courtroom.
Users, upon creating Coinbase accounts, initially agreed to resolve disputes through arbitration. However, a subsequent agreement related to the sweepstakes specified that disputes over the contest should be adjudicated in a California court. When users accused Coinbase of violating California's false advertising law by deceiving them into paying for participation in a sweepstakes offering prizes in dogecoin, they filed a class-action suit in federal court.
Despite Coinbase's argument that the user agreements mandated arbitration, a federal judge in California and the 9th U.S. Circuit Court of Appeals in San Francisco upheld the decision to keep the dispute out of arbitration. In a similar case in June, the Supreme Court ruled 5-4 in favor of Coinbase, supporting the company's efforts to pause customer lawsuits while pursuing appeals to move disputes from courts to private arbitration.
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JUST IN: 🇺🇸 U.S. Federal Reserve considers suing Bitcoin Magazine over alleged copyright infringement for parodying its FedNow system.
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JUST IN: The CEO of #OpenSea has announced the downsizing of its workforce.
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home.treasury.gov/news/press…
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RECENTLY: #SafeMoon, facing SEC charges, has expressed its commitment to actively addressing the situation, remaining dedicated to user service, and advancing project development.
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JUST IN: SEC to Approve Spot BTC-ETF Applications by End of November, Says Valkyrie Top Manager.
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JUST IN: Sam Bankman-Fried found guilty on all charges, faces maximum sentence of 115 years in prison, judge sets sentencing date for March 28, 2024.
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Details: dfsa.ae/news/notice-crypto-t…
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Santa Rally could push BTC to $56,000 by the end of the year — Matrixport
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RECENTLY: Crypto mixer FixFloat thwarts money laundering attempt by North Korean hacking group Lazarus, freezing approximately $2 million.
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Ark Invest CEO Cathie Wood: "Bitcoin is definitely better than gold."
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Former Ripple CTO, Stefan Thomas, forgot the password for his IronKey hard drive, which contains 7,002 #BTC.
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JUST IN: A bogus #Ledger Live app on Microsoft's store led to the theft of almost $600,000 in Bitcoin, says ZachXBT.
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RECENTLY: Avraham Eisenberg's trial for the Mango Markets exploit, initially set for December, has been postponed to April 2024.
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JUST IN: Yuga Labs and Magic Eden partner for a pioneering Ethereum marketplace, redefining NFT creator royalties.
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RECENTLY: The 🇺🇸 U.S. Supreme Court is now reviewing the Coinbase arbitration dispute - RTRS.
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ANALYSIS: Quicknode's latest reveals stablecoins as the leading blockchain category, ending Q3 with 400,000 daily active addresses for confirmation.
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RECENTLY: #Unibot has confirmed full compensation for users affected by a major hack on October 31.
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JUST IN: The 🇺🇸 US Treasury imposes consequences on money launderer responsible for moving funds on behalf of 🇷🇺 Russian elites and ransomware actors.
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JUST IN: Cubist, a blockchain startup, has launched a "wallet-as-a-service" product to securely provide readily accessible account keys.
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JUST IN: 🇦🇪 Dubai Financial Services Authority (DFSA) approves use of $XRP and $TON for Dubai International Financial Centre (DIFC).
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JUST IN: ProShares Launches Short ETH Futures ETF. Ticker #SETH.
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🚨BREAKING: PayPal receives subpoena from SEC regarding its stablecoin.
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