Wahi is the brother of former Coinbase (COIN) product manager Ishan Wahi. The Wahi brothers were arrested in late July, charged by the Department of Justice (DOJ) with wire fraud and insider trading – allegedly profiting from information shared by Ishan Wahi regarding least 14 different listings at Coinbase. A friend, Sameer Ramani, was similarly charged but remains at large. Source
Month: September 2022
Hodlonaut Trial Against Self-Proclaimed Bitcoin Creator Craig Wright Kicks Off in Norway
The trial, which kicked off Monday in Oslo, Norway, is one of two simultaneous defamation suits centered around a series of tweets posted in 2019 by Hodlonaut (known in real life as Magnus Granath) – at the time, a public school teacher with less than 8,000 Twitter followers – in which he called Wright a fraud and a scammer. Original
Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps – Blockchain Bitcoin News
On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces Web3 Platform Starbucks Odyssey Starbucks has immersed its feet into blockchain, Web3, and NFT technology by revealing a new Web3 application powered by Polygon. “[The] new Starbucks Odyssey experience will offer members the ability to…
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Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners
According to the agency, three illegal crypto farms with irregularities were uncovered last week in the South American country. Source
Bitcoin Weekly Chart Fires Bottom Signals At Open
In this episode of NewsBTC’s daily technical analysis videos, we take a closer look at a variety of bullish signals in Bitcoin that fired with the most recent weekly open. However, the cryptocurrency market isn’t out of the woods, as this week must confirm the signals with a strong close. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 12, 2022 Last night we had a weekly close in Bitcoin and have already added nearly 3% on top of around 16% from the lows swept during last…
Why Ethereum Price Is Unlikely To Dump After “The Merge”
The Ethereum price is rallying above critical levels as “The Merge” is on the horizon, the bullish momentum might receive a fresh push and finally take ETH north of $2,000. In the meantime, market participants are speculating about the immediate future of the second cryptocurrency by market cap. At the time of writing, Ethereum’s price trades at $1,710 with a 4% loss in the last 24 hours and a 9% profit over the last week. After weeks of leading the market, ETH is underperforming Bitcoin. The number one cryptocurrency records…
Crypto Traders Bleed Heavily After Betting Against Market
The past week has been an eventful one for crypto traders, regardless of whether they were making profits or losses off the market. Over the weekend, the crypto market had seen some dramatic weekend, and as another trading week opens up, short traders have drawn the ‘short’ stick once more. Losses Reach $180 Million Over the last day, losses have ramped up in the market as the recovery trend has continued. It had first begun toward the end of last week when bitcoin had made a remarkable recovery above $20,000,…
Starbucks announces new NFT experience for coffee members
According to a new post on Monday, Starbucks says it will offer its U.S. members the ability to earn and buy digital collectible stamps in the form of nonfungible tokens, or NFTs. Dubbed “Starbucks Odyssey,” each collectible digital stamp has its ownership verified on the blockchain and will include a point value based on its rarity. As more stamps are collected, members’ points will increase, unlocking access to unique experiences. The iconic coffee chain says that rewards range from receiving a virtual espresso martini-making class to accessing unique merchandise to…
Solana-based Walken Announces New Roadmap Features To Sustain Its Impressive Growth Statistics
Solana-based blockchain gaming platform, Walken announces a new roadmap and features that boost the user experience and overall growth of the platform! Walken, a move-to-earn player game, has unveiled its latest roadmap in a bid to continue its trajectory to sustainable growth, building momentum and substantial overall growth, a statement from the team reads. The new-improved roadmap introduces several new features including new game modes, better social interaction components, and new partnerships to boost the overall growth of the platform. Announced Monday, the new developments will be implemented on the…