Saturday, April 20, 2024
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Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0

An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi schemes,” claims the product’s creator Bitcoin mining firm Luxor Technology.The legitimacy of Luxor’s hashrate-backed product was highlighted in an

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Parity Technologies decentralizes teams in Polkadot, refutes layoff rumors

Parity Technologies announces a strategic shift towards decentralization within the Polkadot ecosystem, dispelling rumors of laying off 300 employees.  Parity Technologies, a major blockchain infrastructure provider, has announced a strategic shift towards decentralization within the Polkadot ecosystem. This move is expected to result in organizational changes over the upcoming months. 1/ Reflecting

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Binance CEO Refutes Claims of Exchange Selling Bitcoin to Stabilize BNB Price

Several market analysts, including Dylan LeClair and Cory Klippsten, CEO of Swan Bitcoin, have voiced concerns about Binance’s alleged activities in manipulating the market. Following the recent United States Securities and Exchange Commission (SEC) lawsuit against Binance Holdings Limited and Binance.US, the American arm of the largest global crypto exchange, on

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Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously

Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded. Binance has hit back at the Forbes report that claims it quietly transferred $1.8 billion in client-backing collateral. According to the Forbes report, the prominent crypto exchange moved the stablecoin-backing funds without informing its customers.

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