The WallStreetBets insider accused of rug-pulling WSB Coin returned the stolen funds, resulting in a dramatic 155% surge in the meme coin's price. This incident highlights the importance of trust and transparency within the cryptocurrency community.
Coinbase faces a lawsuit for allegedly violating Illinois' Biometric Information Privacy Act (BIPA) by improperly collecting, storing, and distributing customers' biometric data. The plaintiff seeks $5,000 in damages for each intentional and reckless violation, plus an additional $1,000 for every discovered violation.
The Oracle's Verse marks the beginning of a new literary era as the first-ever collaborative crypto-novel created by decentralized artist collective, The Quest of Evolution. This innovative project utilizes dynamic NFTs, allowing owners to contribute to an ever-evolving on-chain narrative and earn passive income.
Stacks (STX) price defies the volatile crypto market, surging over 12% in the last 24 hours. Binance announces support for the STX network upgrade and hard fork, adding to the positive sentiment.
The cost of mining a single Bitcoin in the US has surged to $17,000 in 2023, driven by soaring electricity rates. This comes alongside the FDIC's assessment of Signature Bank's collapse due to poor management and risk practices. Meanwhile, the IRS plans to issue crypto tax guidance within the next 12 months, signaling a potential shift in regulatory approaches.