Swan Bitcoin is suing ex-staff for allegedly stealing proprietary code to start their own mining venture in a scheme called "rain and hellfire." These ex-executives persuaded Tether to sever ties with Swan, increasing competition in the cryptocurrency market. Swan is now seeking legal action to recover stolen assets and confidential information.
CatherineSwan Bitcoin expands into mining, targets public trading, emphasizes financial prudence, and forges strategic partnerships, all while navigating the uncertain waters of market dynamics and regulations.
WeiliangSwan Bitcoin, a financial services firm, ventures into bitcoin mining amid market volatility. With plans for a Series C funding and public listing, Swan aims to diversify services under Swan Institutional. The move aligns with industry shifts, including the upcoming bitcoin halving and challenges faced by mining companies.
SanyaThe attack is just another reminder of how vulnerable prominent crypto companies can be.
cryptopotatoRumors abounded in the price of Bitcoin, and GBTC was on the decline due to the collapse of FTX.
CointelegraphCorbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto.
CointelegraphBTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.
CointelegraphThe prospect of a rumored 150,000 BTC flooding the market gets real as Mt. Gox creditors choose how much money to receive in cash, Bitcoin and Bitcoin Cash.
CointelegraphThe rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.
CointelegraphThe CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion.
Cointelegraph