Fnance Times

Bitcoin may have found a floor after sliding roughly 7% to $77,000 over the weekend, according to analyst PlanC, who argues the move could mark a pullback.
The post Bitcoin’s 7% Drop to $77K May Mark Cycle Low, Analyst Says appeared first on Cryptonews. …

Ripple co-founder Chris Larsen and venture capitalist Tim Draper launched Grow California with $40 million to elect moderate state legislators and oppose a union-backed wealth tax that would impose a 5% levy on net worth exceeding $1 billion.
The post Ripple Co-Founder Leads $40M Push to Counter California Wealth Tax appeared first on Cryptonews. …

Bitcoin mining activity has suffered its sharpest setback in four years after severe winter storms forced large operators to scale back production.
The post Bitcoin Hashrate Falls 12% After US Winter Storms Hit Miners appeared first on Cryptonews. …

Step Finance disclosed a $30 million breach of multiple treasury wallets containing 261,854 SOL tokens during Asian Pacific trading hours, sending its native STEP token down 90% as the incident adds to January’s $370 million in total crypto exploit losses.
The post $30M Stolen as Step Finance Treasury Wallets Compromised appeared first on Cryptonews. …

Changpeng Zhao, widely known as CZ, has rejected allegations that Binance played a central role in the largest liquidation event in crypto market history.
The post CZ Pushes Back on Claims Binance Triggered Historic $19B Crypto Liquidations appeared first on Cryptonews. …

A Delaware judge ruled that a shareholder lawsuit alleging insider trading by Coinbase directors including Marc Andreessen and Brian Armstrong can proceed despite a 10-month internal investigation clearing the defendants, citing conflicts involving a special committee member that reviewed $2.9 billion in stock sales during the company’s 2021 direct listing.
The post Coinbase Insider Trading Lawsuit Advances Despite $2.9B Stock Sale Defense appeared first on Cryptonews. …