US Attorney requests SEC and CFTC civil cases against SBF wait until after criminal trial
Lawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case.
ConsenSys releases statement of support for continuation of the Jarrett tax case
The court dismissed the Jarretts’ case over the taxation of staking rewards after the IRS issued the refund the couple sought; not good enough, they said.
UK Government Pursues Digital Pound While Bank CEOs Restrict Bitcoin Access
The UK continues to show its desire for a digital pound, just as its companies try to limit access to Bitcoin.The Bank of England and the UK Treasury have released a consultation paper outlining their case for a retail central bank digital currency…
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda…
Nigerians Are Fighting For Their Own Money And Bitcoin Can Help
As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With…
Bitcoin Mining Firms Hut 8 and US Bitcoin Corp. Announce Merger
The merged company will have access to 825 MW energy, including infrastructure operations with renewable and zero-emission energy sources.Bitcoin miner Hut 8 has agreed to a merger with US Bitcoin Corp. Both firms will become wholly owned…
Avalanche (AVAX) price is up, but do fundamentals support the rally?
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum.
Half Of All Bitcoin Unmoved In 2 Years: What Does This Mean For The BTC Price?
A popular crypto analyst called “Documenting Bitcoin” released fresh data on Tuesday showing that half of all Bitcoin (meaning 9.64 million BTC worth $86.4 billion) have not been moved for the last two years. At the time of writing, there is 19.28…
LBank Exchange Will List Fief (FIEF) on February 8, 2023
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 7, 2023 – LBank Exchange, a global digital asset trading platform, will list Fief (FIEF) on February 8, 2023. For all users of LBank Exchange, the FIEF/USDT trading pair will be officially available…
Here’s What Could Stop The Altcoin Bull Rally Dead In Its Tracks
The majority of altcoins in the crypto space have been rallying independently of the largest cryptocurrencies in the space. However, while this has been good so far, it could also present a possible roadblock for the altcoin bull rally. Bitcoin And…
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge…
The Web3 community responds to Turkish–Syrian earthquake tragedy
In the aftermath of a deadly 7.8-magnitude earthquake in southeastern Turkey, the Web3 community has come together to raise awareness and aid for victims of the disaster.
After the unreeled crypto winter, the market continues to show signs of revival after the debacle of institutions and exchanges filing for bankruptcy in late 2022. Following a month of upward price action fueled by investors betting on crypto in…
Biggest Movers: GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’s native token have jumped by over 200%…
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL)…
Shiba Inu Burn Rate Plummets, Are Traders Losing Interest In SHIB?
While Shiba Inu (SHIB) has been in an uptrend over the past weeks, other aspects of the token seem to be in a decline. According to data from Shibburn, a tracker for burned SHIB, the burn rate of SHIB has declined significantly in the past 24…
SingularityNET (AGIX) Shows No Signs Of Stopping, As AI Crypto Blows Up 923%
The interest in artificial intelligence (AI) applications has been on the rise as the use of various platforms, such as SingularityNET and OpenAI’s text-based tool ChatGPT, has become more widespread. AGIX, SingularityNET’s native…
The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices…
This Bitcoin On-Chain Metric Is At A Historical Resistance, Will BTC Decline?
This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At The “Sell” Level As pointed out by an analyst in…
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