In a lawsuit filed in late 2020, PoolTogether, a decentralized finance (DeFi) project built on the Optimism network, was accused of illegal activity by Joseph Kent, a software engineer. Kent, who at the time worked as the tech lead for Senator Elizabeth Warren’s presidential campaign, filed the lawsuit alleging that the project had become an […]

The post PoolTogether Lawsuit Dismissed by Judge, Bringing More Legitimacy to DeFi’s Functionality and Safety appeared first on Uber Crypto News.

The CEO of the cryptocurrency exchange Binance, Changpeng Zhao, has been given a summons by a US court to respond to allegations that his exchange violated securities rules. The US Securities and Exchange Commission (SEC) filed the lawsuit against Binance on June 5 and two days later, on June 7, a summons was issued to Zhao. […]

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As a Crypto Guru, I can tell you that the market is shaking and Bitcoin is at a tipping point. Investors have enjoyed an extended period of growth, but now it looks like the market may be about to take a major dive. The Connection Between Bitcoin and Stocks Bitcoin and stocks are tied together […]

The post Why Bitcoin and Stocks are Signaling a Major Sell-Off appeared first on Uber Crypto News.

Online gaming has been experiencing a whole new level of transformation thanks to the advent of cryptocurrencies. The decentralized nature of cryptocurrency provides gamers with secure payment options, without worrying about personal information being compromised, fees for payment processing, and slow transaction speeds. Additionally, the use of cryptocurrency provides an easy way for game developers […]

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In recent years, Mark Zuckerberg has been making headlines for all the wrong reasons. His big tech firm, Facebook, has been hit with multi-billion-dollar fines, questions about user privacy, and a steadily falling stock price. And now, Meta, with its ambitious Metaverse project, has crashed and burned in the tech industry.  Despite his grand visions, […]

The post The Downfall of Meta: How Zuckerberg’s Empire Built on Lies Fell Apart appeared first on Uber Crypto News.

The UK’s Financial Conduct Authority (FCA) has recently unveiled tough marketing rules that aim to regulate the cryptocurrency industry and protect consumers from potential harm. As part of the nation’s post-Brexit financial strategy, the FCA intends to categorize cryptocurrencies as “restricted mass market investments.” UK FCA’s Stricter Crypto Marketing Rules Aim to Protect Consumers and […]

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Source: Adobe The US Securities and Exchange Commission (SEC) accountant alleges that Binance, CEO Changpeng Zhao, and related entities transferred “large amounts of money” from 2019 to the present year. According to a court filing published on Wednesday, Binance had several accounts with Silvergate Bank and Signature Bank, which have now failed. The accountant stated […]

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World Mobile has recently completed the field tests of its Decentralized Wireless (DeWi) technology in African countries such as Kenya, Mozambique, and Nigeria. The tests have successfully brought the company closer to a full rollout, providing affordable and reliable internet access to rural areas that are traditionally under-served. The company utilized TV White Space equipment […]

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Thiago Cesar, the co-founder of Transfero – a Brazilian company that is making cryptocurrency accessible to the Brazilian market through the introduction of the first stablecoin, BRZ, pegged to the Brazilian real – discusses the company’s motivations, benefits, and future goals in an interview with Cointelegraph’s Rudy Takala. Cesar’s graduate thesis on the “competitive and […]

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Binance.US, the US-based subsidiary of the world’s largest cryptocurrency exchange, announced the removal of 40 trading pairs, including AAVE, BCH, and MKR on June 8. These coins belong to advanced trading pairs of USDT, BTC, and BUSD. At the same time, OTC trading has been placed on hold. Deposits and withdrawals continue to operate normally. […]

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