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Craig Wright ordered to pay £400,000 for Coinbase and Kraken cases.
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Coincu News

CoinCu News

Legal Turmoil Surrounds Craig Wright: Hefty Fees And Contempt Charges In The Spotlight

The self-proclaimed inventor of Bitcoin, Craig Wright, was granted permission to appeal to the courts in the United Kingdom, which is a significant move in the continuing legal struggle over the ownership rights to Bitcoin.  The decision opens the door for Craig Wright to challenge the Bitcoin copyright claim in the United Kingdom. UK court ... Read more

CryptoPolitan

UK court grants appeal to Craig Wright in landmark Bitcoin copyright lawsuit

UK Court grants Craig Wright the right to argue for copyright protection of the Bitcoin file format.
Read more...
Coincu News

Craig Wright’s Copyright Battle Over Bitcoin File Format Raises Community’s Curiosity

News surfaced in May of China’s arrest of the team behind the crypto bridge Multichain (MULTI), followed by a hacking incident resulting in the alleged theft of millions of dollars in cryptocurrency. The turbulence in Multichain continues with the detection of new abnormal activities last week, following an alleged hack theft of $130 million. 117 Million Dollars of Cryptocurrency Moved in 12 Hours Chinese cryptocurrency journalist Wu Blockchain reported abnormal cryptocurrency outflows from Multichain bridge within the last 12 hours. The funds were primarily transferred to a new address. According to reports, there was a $117 million worth of cryptocurrency outflow from Multichain’s “0x1e…477b” wallet. Data compiled by Wu Blockchain indicates outflows from Multichain’s Fantom bridge of 11.91 million DAI, 13,146 ETH, 10.1 million USDC, 64 million USDT, 52 BTC; from Arbitrum bridge 2,891 WETH, 8.7 million USDC, 7.5 WBTC; from BNB Chain bridge 209,000 USDC, 50.8 BTCB; from Avalanche […]
The post Turmoil Continues in Multichain: Abnormal Crypto Movements Detected appeared first on COINTURK NEWS.

COINTURK NEWS

Turmoil Continues in Multichain: Abnormal Crypto Movements Detected

According to statistics from SlowMist, the outflow of funds from Multichain has reached a staggering $265 million since July 7. 
Read more...
Coincu News

Multichain Records $265 Million Withdrawn Across 9 Chains

World’s biggest cryptocurrency exchange, Binance, has announced it is ceasing support of deposits and withdrawals for an array of Multichain-bridged tokens starting from July 7, 2023.  On May 25, Binance initially suspended the deposit of 10 Multichain-bridged tokens due to days-long delays in transaction time on the Multichain protocol. A few days later, the debacle […]

Bitcoinist

Binance Terminates Support For 8 Multi-Chain Bridged Tokens

According to the announcement made in May, the issues with the Multichain (MULTI) bridge project, which shook the crypto market, have led Binance to act cautiously. The giant crypto exchange had announced that deposit operations were suspended for 10 bridged altcoins on certain networks. Recently, Binance announced that both deposit and withdrawal operations would be suspended for 8 of the altcoins on the said list on certain networks until the next announcement.  Altcoins Affected by the Decision  The world’s largest crypto exchange by volume, Binance, cited problems with the Multichain bridge project as a reason for suspending both deposit and withdrawal operations for 8 bridged altcoins from July 7, 03:00, until the next announcement. The decision affected BNB Smart Chain, Fantom Network, Ethereum, and Avalanche C-Chain networks.  According to the announcement, the bridged altcoins and networks for which deposit and withdrawal operations were suspended are as follows; Polkastarter (POLS) – […]
The post Binance Temporarily Suspends Transactions of 8 Altcoins Due to Multichain Issues appeared first on COINTURK NEWS.

Binance Temporarily Suspends Transactions of 8 Altcoins Due to Multichain Issues

Binance, the leading cryptocurrency exchange, recently temporarily stopped processing withdrawals and deposits for several Multichain-bridged assets. In a Twitter post, the platform stated that these restrictions would take effect from the 7th of this month and remain in place for the foreseeable future. This move comes in response to issues encountered with the Multichain (MULTI) ... Read more

Binance takes precautionary measures, halts withdrawals, and deposits for Multichain tokens

Binance, the world’s biggest crypto exchange platform, has suspended deposits and withdrawals for certain Multichain-bridged tokens. According to the announcement posted on Binance’s official blog, the suspension will take effect from 2023-07-07 00:00 (UTC) until further notice. Earlier in May, Binance made a similar suspension of deposits for Multichain-bridged in what it described as a […]
The post Binance Withdraws Support For Multichain-bridged Tokens appeared first on Coin Edition.

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