Search Results for: legal action

Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

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Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a…

Crypto Exchange Bittrex entra en el capítulo 11 Protección por bancarrota luego de una demanda de la SEC

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Bittrex Inc., el intercambio de criptomonedas con sede en EE. UU., se ha presentado para el Capítulo 11 protección por bancarrota en Delaware después de ser demandado por EE. UU.. Comisión de Bolsa y Valores por no registrarse con el regulador. Según los informes, el intercambio tiene más de 100,000 creditors and liabilities…

Red Bitcoin abrumada por 390,000 Transacciones no confirmadas y tarifas crecientes

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En poco menos de dos semanas, el número de transacciones no confirmadas en la red Bitcoin se ha disparado de 134,000 para acabar 390,000, causando un cuello de botella en el mempool. Este aumento en las transacciones no confirmadas ha resultado en un asombroso 343% increase in transaction…

Voyager Digital Provides Update on Reimbursement Plan for Creditors

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Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days…

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of…

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

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A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project….

Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection

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The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance Coinbase and its online…

Breaking the Barriers of Traditional Banking With Digital Assets

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Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading…

Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner

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Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date —…

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

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A NOSOTROS. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also…