Coinbase CEO: Regulate centralized actors but leave DeFi alone
Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.
External news feeds 1761/1842
BlockFi files motion to return frozen crypto to wallet users
Crypto lender BlockFi has asked a U.S. bankruptcy court for the authority to return the crypto held in BlockFi wallets to users.
Gate.io closer to launching US services after receiving local licenses
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.
BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists
BNB price (Binance coin) found support near $220 against the US Dollar. BNB is rising, but the bears could take a strong stand near the $265 zone. Binance coin price started a recovery wave from the $220 support against the US Dollar. The price is…
Visa dreams up plans so you can auto-pay bills with your crypto wallet
Auto-payments for bills are commonplace in the traditional banking world and Visa has proposed a way to mimic the service using blockchain tech.
Ethereum Price Breaking This Confluence Resistance Could Start Recovery
Ethereum remained in a bearish zone below the $1,250 resistance against the US Dollar. ETH is attempting a recovery wave, but the 100 hourly SMA is the key. Ethereum made another to clear the $1,150 support, but the bulls were active. The price is…
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
FTX warns it will claw back political donations and contributions
The exchange warned those who received payments from FTX or its former executives that it's looking to recover funds even if they were donated to charity.
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023
There's still plenty of room for innovation, according to Ethereum's co-founder Vitalik Buterin.
'Huge signal and validation' — Top Activision exec to take Yuga Labs' helm
Kieran Warwick, co-founder of blockchain role-playing game Illuvium believes Yuga Labs latest hire will be a boon for GameFi.
Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $17K
Bitcoin price declined further and traded below $16,500. BTC is correcting losses, but it could struggle to climb above the $16,700 and $17,000 resistance levels. Bitcoin extended its decline below the $17,000 and $16,500 support levels. The price…
This Is The Best Time For Bitcoin Mining Opportunities
With the price of bitcoin being so down, opportunities abound for bitcoin mining operations with structured cash and efficient operations.This is an opinion editorial by Ruda Pellini co-founder and president of Arthur Mining, an ESG-focused bitcoin…
Elon Musk Promises to Step Down as Head of Twitter — Edward Snowden Throws His Name in the Hat for CEO
Tesla CEO and Twitter chief Elon Musk has promised to step down as head of Twitter. As the billionaire seeks a new CEO to run the social media platform, privacy advocate Edward Snowden threw his name in the hat, stating that he takes payment in…
$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy
The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys.
Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings
On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a…
Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer
BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion in withdrawals from the crypto exchange…
Sam Bankman-Fried agrees to US extradition 'to put the customers right': Report
The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event.
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian parliament fails to consider legislation.
$16K retest the most likely path for Bitcoin, according to 2 derivative metrics
Top traders' long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction.
Successful decentralization doesn't need blockchains: Nillion CEO
According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.”
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
Crypto’s regulatory fate will be decided in the year ahead
Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency.
Next House committee chair reintroduces bill on crypto innovation
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward.
Bitcoin Bear Market Monthly Momentum Reaches Worst On Record
For many Bitcoin investors who lived it, this crypto winter feels more painful than the 2018 bear market, despite making a shallower fall from peak to through. From a monthly momentum perspective, the bearish trend is now the strongest on record…
Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.
The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court.
SHIB Community Members and Countdown Clock Hint Shibarium Launch Is Imminent
According to a myriad of social media posts, the meme crypto project Shiba Inu is planning to launch the highly anticipated Shibarium, a layer two (L2) project that was supposed to launch this year in the third quarter. Shiba Inu supporters believe…
Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance's subsidiaries in September.
Bitcoin Hardware Wallet Maker Foundation Devices Completes $7 Million Seed Round
Led by Polychain Capital, new investors into the Bitcoin hardware and software firm include Greenfield Capital and Lightning Ventures.Foundation Devices has announced the end of a seed round raising $7 million, led by Polychain Capital. Other…
Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach; the company had shown signs of struggling.
DeFi protocol Pods raises $5.6M to support its structured crypto products dApp
Pods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such as IOSG, Tomahawk, Republic, Framework Ventures…