Bitcoin News and Finance: What You Need to Know

Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht Club (BAYC) creators have shared a video showing a BAYC metaverse with an assortment of other popular non-fungible token (NFT) characters. Eligible Claimants Ape Into the Apecoin Airdrop, More Than 82% of Claimable APE Has Been Acquired This week, there’s been a lot of focus on a new crypto asset called apecoin (APE) as it was introduced on March 17, 2022, by the Apecoin DAO. Bitcoin.com News reported on the Apecoin DAO and explained how millions of apecoin tokens were airdropped to NFT owners. More specifically, Apecoin DAO disclosed that “15% of the total supply of apecoin will be made available to [ Bored Ape Yacht Club ] NFT holders (Bored Apes...

PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 20th, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/ USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 23, 2022. Decentralized Exchange (DEX) Protocol is a blockchain-based financial system designed to provide an open financial service that is transparent without intermediaries, permissions and available to everyone without a centralized authority. As a decentralized exchange protocol, Litedex (LDX) aims to adopt the world’s most popular blockchains including BSC, ETH , HECO, Polygon, Tron, Polkadot, and Solana, providing products and services such as Swap, Staking, Farming, Analytics, Lending, Borrowing, NFT, and Bridge. Its native token LDX will be listed on LBank Exchange at 16:00 (UTC+8) on March 23, 2022, to further expand its global reach and help it achieve its vision. Introducing Litedex Protocol ...

The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent Australian public figures.” The regulator said, “The essence of our case is that Meta is responsible for these ads that it publishes on its platform.” Meta Sued for Publishing Cryptocurrency Scam Ads The Australian Competition & Consumer Commission (ACCC) announced Friday that it has taken legal action against Meta Platforms Inc. (formerly Facebook) and Meta Platforms Ireland Ltd. Australia’s competition regulator alleges that the companies “engaged in false, misleading or deceptive conduct by publishing scam advertisements featuring prominent Australian public figures” on Facebook. The ACCC alleges Meta’s conduct “was in breach of the Australian Consumer Law (ACL) or the Australian Securities and Investments Commission Act (ASIC Act).” In addition, the regulator noted: It is also alleged that Meta aided and abetted o...

Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.” Ron Paul Discusses Bitcoin as Interest in Crypto Rises Former presidential candidate Ron Paul discussed the future of bitcoin and the economic impact of the Russia-Ukraine war in an interview with Kitco news’ Michelle Makori Thursday. Paul is an American author, physician, and retired politician. The former representative from Texas launched The Ron Paul Liberty Report in 2015 to bring “provocative opinion and analysis to the breaking issues affecting our lives and finances,” its website details. The former congressman has repeatedly warned that the government could crack down on bitcoin. “My concern is that governments over centuries have been notoriously very eager to have control of the money. Believe me, they will not give up...

A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP , dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase Inc., and CEO Brian Armstrong. Lead plaintiffs and Coinbase users Christopher Underwood, Louis Oberlander, and Henry Rodriguez allege that from Oct. 8, 2019, to the present, Coinbase let customers buy and sell 79 different cryptocurrencies without disclosing that they are in fact securities. The plaintiffs added that these crypto securities are not registered with the U.S. Securities and Exchange Commission (SEC) or any state regulators, and Coinbase is not registered as a securities exchange or a broker-dealer. The plaintiffs claim that “Coinbase’s sale of these tokens viola...

U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees Merit in Bitcoin U.S. Representative Pete Sessions tweeted about bitcoin several times this week. Sessions represents Texas’ 17th Congressional District and has served in the U.S. House of Representatives for 11 terms. On Friday, he wrote that bitcoin is aligned with American values and will strengthen the U.S. dollar. Many Twitter users replied to the lawmaker expressing a wide range of opinions. Some agreed with him about BTC being aligned with American values but disagreed that the cryptocurrency will strengthen the U.S. dollar. The Chamber of Digital Commerce replied to Sessions: “Thank you for your leadership and support … We couldn’t agree more!” Blockchain Investment Group founder Eric Weis...

On Friday, Universal Music Group’s Web3 label dubbed 10:22PM revealed it purchased the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) #5537 for more than $360,000. 10:22PM says that BAYC #5537 will become the female manager for the first-ever metaverse group. UMG’s 10:22PM Acquires Bored Ape #5537 for 125 Ether Universal Music Group (UMG) and the firm’s Web3 label 10:22PM explained on Friday that the metaverse group called KINGSHIP now has a new manager. 10:22PM acquired the Bored Ape Yacht Club (BAYC) NFT #5537 for more than $360,000 or 125 ETH at the time of settlement . In addition to being identified as Bored Ape #5537, the Web3 label noted that the female character will be KINGSHIP’s manager and will be called “Manager Noët All.” UMG revealed the Web3 label 10:22PM and the KINGSHIP group in mid-November 2021. Interestingly, on the same day, the hit record producer professionally known as Timbaland announced the launch of a BAYC entertainment label called Ape-In Produ...

As cryptocurrencies, bitcoin, decentralized finance (defi), and non-fungible token (NFT) technology experienced extreme growth during the last year, interest in crypto tattoos has risen a great deal. According to a recent study published by Crypto Head, searches for tattoos related to cryptocurrencies jumped 222% over the last year. Study Shows a Growing Interest in Crypto and Bitcoin Tattoos A report published by Crypto Head and shared with Bitcoin.com News indicates that people have been more interested in getting crypto-related ink done than last year. Crypto Head’s study analyzed Google search volume and Instagram hashtag data, which show interest in crypto tattoos has risen 222% during the last 12 months. According to the research findings, 1,900 queries involved the search term “crypto tattoo.” Love my #Bitcointattoo ……thinking about some $ADA tat..too💪😉 pic.twitter.com/lnlFnISt7M — Crypto Chris (@Bitcoin1Network) March 6, 2021 “Bitcoin tattoo,” on the other hand, s...