Crypto News

While the outages primarily affected those trading stocks, the settlement could create a precedent when it comes to platforms making payouts to compensate for outages.

Developers say Proof-of-Stake will use substantially less energy than Proof-of-Work did — and reduce barriers to entry because less advanced hardware is required.

An anonymous Tornado Cash user has been sending small amounts of Ether to the publicly known crypto addresses of Logan Paul, Beeple, Randi Zuckerberg, Jimmy Fallon and others.

Stressing that things are never as bad as they seem, Coinbase says: "The current downturn came fast and furious, and we are seeing customer behavior mirror that of past down markets."

Also today, why top celebrities are being warned their social media posts endorsing NFTs could be breaking the law.

Also today, good news if you're a Zipmex customer... kind of.

"The bottom line is celebrities who promote NFTs generally aren’t helping improve the financial literacy of their fans and followers," Truth in Advertising says.

The Thai Securities Exchange Commission has been seeking information on how many customers have been affected.

Treasury Department officials claim the Lazarus Group, which is sponsored by the North Korean state, has used this tool extensively after stealing digital assets.

Also today, a crypto influencer is criticized for violent, misogynistic videos that are spreading on TikTok.

Also today, British police warn the public as a man who invested $24,000 in a crypto scam is told his balance is now just $23.

This is another huge blow to everyday crypto investors, and figures from Hodlnaut suggest that the firm has $500 million in digital assets under management.

Court filings have previously confirmed that 300,000 customers have a balance of more than $100, and Celsius is currently grappling with a $1.2 billion black hole in its finances.

Each pendant is set to boast at least 30 gemstones or diamonds — converting the 87 attributes and 159 colors in this collection "to the most similar gemstone or enamel color."

Crypto's macho "tech bro" culture has already come under scrutiny in the past, amid fears that it excludes women and ethnic minorities.

Despite being talked to by the police and his bank, the victim is still convinced that the investment company is genuine.

The company has admitted that customers may not receive all of their crypto back, and this will hinge upon how successful it is in recovering assets from 3AC.

Connor Sephton and Molly Jane Zuckerman chew over the week's crypto headlines in the weekend edition of CoinMarketRecap.