Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
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IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.
US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice.
Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9
At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking.
Milady NFT floor price surges after Elon Musk tweet
Floor prices for the anime profile picture collection hit a high of 7.8 ETH after Musk's promotion.
$176M of Do Kwon's assets are frozen: Report
The frozen assets include an apartment complex, an officetel, several imported cars and various financial assets.
Arbitrum's DAO to receive over 3,350 ETH revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's team and its community.
What is Google’s Bard, and how does it work?
Following ChatGPT’s success, Google released its AI chatting service, Bard. Here’s all you need to know about the next generation of the AI-powered chatbot.
Here’s why crypto prices are down
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling.
Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release but bulls may find it difficult to continue the recovery at higher levels.
Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’
Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000.
ParaSpace team clashes with CEO over alleged whereabouts of protocol funds
Protocol developers demand that CEO and CTO Yubo Ruan step down, while Ruan has accused the development team of an "illegal takeover."
Pepe vs. Doge: How memecoins performed first time hitting $1B market cap
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have the largest market capitalization by 2025, with PEPE coming in second place.
Pepe sans crypto: Mods purge crypto from the original meme subreddit
After the explosion in popularity of the memecoin $PEPE, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law.
William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of Flame
Will Clemente III ditched school to become a crypto analyst and says Bitcoin has a strong chance of hitting six figures toward the end of 2024.
Why Web2 companies fail in Web3 while others made it
Web3 is now becoming the norm of this new era and therefore, a flurry of Web2 companies and venture capital firms are investing heavily in Web3 to avoid falling behind.
Discovering product-market fit and dynamic use cases for crypto
Be realistic with growth goals, embrace opportunities to change and listen to those willing to embrace trying these new products to maximize growth.
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.
Mutual aid, DAOs and activism: The Agenda podcast chats with PactDAO co-founder Marisa Rando
PactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is key to catalyzing activism and building stronger communities.
Ethereum validators earn a record $46M as staking rewards rate surges
Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
Buzzfeed shutters news division, leans into AI
Less than one month after it shuttered its news division and laid off 180 staffers, BuzzFeed’s CEO says it’s “leaning into AI” in a Q1 earnings call.
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.
Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ
Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.
Aragon launches defensive measures against Arca's '51% attack'
The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack.
AIs and fries: Wendy’s to trial chatbot drive-thru operator
Wendy’s says its "FreshAI" bot reduces costs allowing funds to be focused elsewhere, others worry that eventually, those less skilled will be jobless.
Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analyst
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
War of words: OKX takes a subtle jab at Coinbase in new ad campaign
Crypto exchange OKX included a subtle shot at Coinbase in a new global ad campaign titled “The System Needs a Rewrite.”
Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked.
Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’
Epic Games CEO Tim Sweeney made fun of a recent Business Insider article suggesting the Metaverse had run its course.