The scheme’s founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes. Author: Cheyenne Ligon
Archives for March 2023
Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony
The Fed chair said no decision has yet been made on the size of the coming March rate hike. Author: Stephen Alpher
Bitcoin Slips to 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
The Fed funds futures show traders pricing in a higher-for-longer interest rates mantra by the Fed. Author: Omkar Godbole
Coinbase-OFAC Bug Affected Fewer Than 100 People, and Has Been Fixed
Some users on Reddit reported bitcoin transfers from Binance to Coinbase were being blocked due to potential sanctions concerns. Author: Sam Reynolds
Yuga Labs Co-Founder Says First Bitcoin NFT Auction Doesn’t Open Door to Scammers
Greg Solano said the company’s use of the Bitcoin blockchain and its strategic bidding process could only be done because Yuga Labs is a “trusted party.” Author: Fran Velasquez
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