Category: manipulation

The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the […]

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Opensea NFT Marketplace Claims Employee Profited From Insider Information

Opensea NFT Marketplace Claims Employee Profited From Insider Information

On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on Wednesday. Opensea did not name […]

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Bitcoin’s ‘Kimchi premium’ slips as South Korean officials pledge action on illegal crypto market activities

South Korea’s government has pledged to focus on illegal activities in crypto markets.  The South Korean Financial Services Commission, Ministry of Finance, Ministry of Justice, among other regulators, met on April 7 to discuss virtual asset trading. In their announcement following the meeting, the authorities wrote: “We will strictly crack down on illegal activities related […]

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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created […]

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Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial […]

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