Build on Bitcoin, 'a better platform for Web3,' says Lightning contest founder
A tournament to find and support new Bitcoin companies could be a way of attracting developers from Web3 ecosystems to crossover to Bitcoin.
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Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
5 key takeaways from Huobi 2022 crypto industry report
Huobi’s most recent industry report dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more.
Amber Group raises $300M to recover from FTX contagion
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
This Asset Management Firm Raises Over $70 Million Amid Crypto Winter
Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody…
Reports Suggest Caroline Ellison Is Working With Feds and Snitching on FTX Co-Founder Bankman-Fried
Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds”…
Silvergate faces class-action lawsuit over FTX and Alameda dealings
The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation…
Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.
Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Downsides
Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH traded below $1,300 and is showing bearish signs. Ethereum started another decline and traded below the $1,300 support. The price is now trading below $1,290 and…
CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behavior
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption…
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process.
The Binance Black Box: Assessing Reserves And Liabilities
Binance's bitcoin balance sees its largest one-day outflow ever and the price legitimacy for the exchange-native BNB token is called into question. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium…
Community baffled by Trump's bizarre ‘SimpDAO’ NFT collection
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president.
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
Bitcoin Price Prediction: Why BTC Could Still Tumble Below $16K
Bitcoin price failed to clear $18,000 and corrected lower. BTC is signaling bearish signs and might even start a fresh decline in the coming sessions. Bitcoin started a downward move and traded below the $17,600 support. The price is trading below…
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the…
Finder.com sued by Australian regulator over its crypto yield product
ASIC claims a crypto yield-bearing product from Finder’s registered exchange was unlicensed; the firm disagrees but has declined to say if it will fight the suit.
Why Bitcoin Is The Ultimate Wealth Preservation Technology
Bitcoin provides the ultimate form of transferable value because it preserves the encapsulated wealth.This is an opinion editorial by Leon Wankum, one of the first financial economics students to write a thesis about Bitcoin in 2015.Evolutionary…
Stock price for troubled Bitcoin miner Core Scientific surges 200%
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter.
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users
Whale Accumulation Paints Bullish Picture For XRP
XRP whales have taken advantage of the price decline recorded in the crypto market to fill up their bags. These large investors have been rapidly buying up the tokens and increasing the percentage of supply they hold. In the last month, the…
Crypto.com continues its worldwide registration push with Brazilian EMI license
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.
Trump Launches NFT Card Collection — Sweepstake Winners Could Dine or Golf With the 45th President
The former 45th president of the United States, Donald Trump, announced the launch of his new non-fungible token (NFT) trading cards on Dec. 15, 2022. Trump revealed the NFT collection via his Truth Social account and the former president told his…
Researchers use zero-knowledge to address privacy, AML concerns in stablecoins
Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits.
The VC-dominated crypto funding model needs a reboot
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem.