Crypto News

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor LawsuitSource link

CleanSpark Reschedules Q3 2024 Financial Results Webcast

CleanSpark Inc. (Nasdaq: CLSK) has rescheduled its Q3 2024 financial results webcast to August 9, 2024, at 4:30 PM ET / 1:30 PM PT, according to investors.cleanspark.com. (Read More)Source link

Atari Revives Its Classic ‘Breakout’ Game on Ethereum Layer-2 Base

The second blockchain-enhanced classic video game is launched as part of a summer promotion.Source link

Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash

Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well asSource link

Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino

The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer TetherSource link