NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
“A VCE's customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship," said the NYDFS.
Crypto Analyst Says Bitcoin Price Could See Another 30% Rally
Bitcoin price has already had a good week. The digital asset already rallied to two-month highs above $23,000 and is still maintaining a good portion of its bullish momentum. Despite this already impressive growth over the last few weeks, a crypto…
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease…
Biggest Movers: XRP Jumps to 3-Month High as Crypto Markets Consolidate on Monday
Xrp moved to a multi-month high on Jan. 23, as market optimism grew regarding a lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). Following comments last week from Ripple CEO Brad Garlinghouse, many have bought…
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov.
3 signs Axie Infinity price risks giving up its 135% gains in January
AXS price has formed a "gravestone" doji on its daily chart that coupled with its recent token unlock event hint at a potential bearish reversal ahead.
Is Litecoin (LTC) Expecting A Pullback Before Soaring Again?
The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%. As Bitcoin continues to trot…
Ethereum Staking Reaches $16.16 million ETH Ahead of Shanghai Upgrade
According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 million ETH have been staked on the Ethereum proof…
Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would…
Announcing “Hunting Sats,” A Bitcoin Wallet Cracking Contest
Shadowy super coders and sat stacking anons from all over the internet are welcome to try and crack a wallet containing millions of sats.Wasabi Wallet, along with 12 other bitcoin projects and companies including Blockstream, BTCPay and Trezor, are…
Bitcoin mining firm Argo regained compliance with Nasdaq's listing rule, which requires a company to maintain its common stock's minimum bid price of $1 for 30 consecutive trading days.
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $23,000 to Start the Week
Bitcoin continued to hover around the $23,000 level on Jan. 23, as bullish sentiment remained high in markets. Over the weekend the world’s largest cryptocurrency rose to its strongest level since August, with bulls moving to consolidate…
Bitcoin Bullish Signal: Whales Go On $1.4B Buying Spree
On-chain data shows Bitcoin whales have accumulated $1.4 billion in the asset during the last two weeks, a sign that could be bullish for the coin. Bitcoin Whales Added 70,000 BTC To Their Holdings In Two Weeks As pointed out by an analyst on…
In 2023, Bitcoiners Must Stop Shooting (Or Blocking) The Messengers
As the New Year begins, Bitcoiners should take this opportunity to engage with constructive criticism.This is an opinion editorial by Heidi Porter, an entrepreneur with 35 years in the tech industry.I love Bitcoin — and the world that Bitcoin helps…
Microsoft CEO Satya Nadella Praises Metaverse ‘Sense of Presence,’ Calls It ‘Game-Changing’
Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have in the future. In a conversation with Klaus Schwab, chairman of the World Economic Forum (WEF), Nadella stated that the sense of…
OpenOcean Integrates Verse DEX to Deepen Available Liquidity on Ethereum
PRESS RELEASE. OpenOcean, a leading Web 3 middleware developer and DEX Aggregator across 19 chains, backed by top investors – Binance Labs, CMS, Altonomy, and more – has integrated with the recently released Verse DEX…
Coinbase Exec Accuses Binance Of Crypto Price Manipulation
The world’s largest cryptocurrency exchange Binance was in the crossfire of critics for a long time after the FTX collapse. In particular, there was harsh criticism because of an opaque proof of reserves issued by the auditing firm Mazars…
Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction
Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.
South Africa adds new cryptocurrency standards to advertising code
Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board.
Polygon-Ethereum ERC-20 Bridge Is the Most Active, Locks $2.18 Billion
The Ethereum-Polygon ERC-20 bridge is the most active, data on January 23 reveals. Polygon-Ethereum Bridge Dominant As of January 23, there were $2.18 billion of assets locked in the Ethereum-Polygon ERC-20 Bridge, almost twice the value of assets…
China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based…
Bearish Indicator: Are Big Players No Longer Interested In Bitcoin?
Bitcoin prices are trending higher, but big players appear hesitant to buy into the current rally. Bitcoin Reserves Dropping On-chain data shows that exchange, digital asset banks, and miner BTC reserves are relatively lower. Over the past weeks…
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program
The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat…
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