CZ predicts ‘existential implications’ for anti-crypto traditional finance
While the reluctance of traditional players stands as a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades.
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and…
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation
The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockchain innovation. “We want a regulatory…
Silvergate suspends dividends to preserve 'highly liquid balance sheet'
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200 employees.
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current…
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and…
California DMV to digitize car title management system via Tezos
California DMV’s chief digital officer Ajay Gupta emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers.
Does the Crypto Market Have The Strength To Break To The Upside? QCP Capital Weighs In
The conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a major crisis, such as the shutdown of crypto exchange FTX…
Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange
PRESS RELEASE. LBank Exchange, a global digital asset trading platform, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023. For all users of LBank Exchange, the GDCC/USDT trading pair is now officially available for trading. With its…
California DMV Is Putting Its Titles on the Blockchain
The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company…
U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research
Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this time, but an unexpected investor group is…
Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive.
Hive Ransomware Network Dismantled by American, European Law Enforcement
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted…
Bitcoin Sellers Exhausted, Accumulators HODL The Line
Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium…
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the…
Bitcoin Exchange Outflows Reach Highest Value Since FTX Crash, Bullish?
On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange…
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