Celsius Gets a Lawsuit, Was Running Like a Ponzy Scheme

Celsius Gets a Lawsuit, Was Running Ponzy Scheme

As a new lawsuit claims that a troubled cryptocurrency lending business deceived investors, the walls are coming around it. In addition to being sued, Celsius Network declared bankruptcy last week, is now accused of operating like a Ponzi scheme. Plaintiff Taylor Goines claims the following in a class action lawsuit filed on Wednesday in a … Read more

Lido DAO Recovering From Most “Overbought” Zone, LDO Sees Massive Price Jump

Lido DAO is at Its Most "Overbought" Since April, LDO Sees Massive Price Jump

LDO’s chances of holding its gains are improved by Ethereum 2.0’s potential September launch. A day after Lido DAO’s (LDO) primary momentum oscillator entered “overbought” area, the stock’s price experienced a sharp decline. LDO is Corrected for Overbuying LDO’s price fell from $1.32 on July 15 to as low as $1.04 on July 16, a … Read more

Date for the Ethereum Merger Revealed, Price Responds Positively

Ethereum Co-founder Joe Lubin Reiterates Unlike Oil, Ethereum Is Not a Security but a Commodity

Ethereum developers working on completing the merging have provided a date for the switch to proof-of-stake. The Merge Now Has A Date According to a recent developer teleconference, the merging will start on the Ethereum mainnet the week of September 19. This will take place following the final testnet switch before the PoS merge. The … Read more

5ire Becomes India’s Latest Unicorn, Deals With Blockchain Tech

5ire Becomes India's Latest Unicorn, Deals With Blockchain Tech

When other businesses face layoffs, India’s “first and only sustainable unicorn born out of India” has attracted significant capital. Following a $100 million Series A fundraising round with a $1.5 billion valuation, blockchain firm 5ire has quickly become India’s newest blockchain unicorn. According to a statement on Friday, the self-described fifth generation “sustainable” blockchain ecosystem … Read more