SBF’s lawyers signal need to push back October criminal trial
Sam Bankman-Fried’s lawyers said they’re still waiting on evidence from federal prosecutors and as a result need more time to prepare a defense.
Posts published on March 8, 2023 go to media archive 1/3
Stacks (STX) Down 36%, Leads Losers In Top 100 Crypto Roster After Weeks Of Rally
Stacks (STX) is now painted in red following weeks of impressive performance, outranking other cryptocurrencies in the top 100 list of crypto market trackers CoinMarketCap and Coingecko. At the time of writing, STX was trading at $0.6589, down…
Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
The Biden administration wants to apply the wash sale rule to digital assets.
Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities.
Bitcoin Price Bears Keep Pushing, Why Drop To $20K Is Still Possible
Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
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AirBit Club execs face decades in prison after pleading guilty to $100M fraud
Co-founder Rodriguez and senior promoters Millan, Aguilar and Chairez all recently pled guilty to the charges, while the other founder, Dos Santos pled guilty in October, 2021.
Marathon Digital terminates credit facilities with Silvergate Bank
The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.
Why The Crypto Market Cycle Could Be In “Disbelief” Phase
All markets are cyclical, but few show such recurring cyclical performance like the crypto market. Bitcoin, for example, rallies every four years like clockwork revolving around the halving event — an event which slashes the new flow of supply in…
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the…
Silvergate Bank Announces Liquidation And Winding Down Of Operations
Once a major banking partner for various cryptocurrency firms, Silvergate will end its operations in line with regulatory requirements.In a press release shared on Wednesday, Silvergate Capital Corporation, the holding company for Silvergate Bank…
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Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations
Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank. Shares of Silvergate (SI) have taken a significant hit, trading…
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
MATIC Price Crashes Again, How Soon Can We Expect A Rebound?
At the time of writing, the price of MATIC is falling. The altcoin had secured considerable gains in February, most of which were reversed due to its depreciation. Over the last 24 hours, the coin fell by 3%, and MATIC dipped by almost 9% in the…
FCA officials tell UK parliamentary committee crypto regulation is unavoidable
The CEO and chairman of the United Kingdom's financial regulator took a grim tone as they discussed crypto regulation but conceded that they’re the ones who have to do it.
Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank
The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments.
Neutronpay And BitcoinVN To Host Lightningcon Vietnam, Asia’s First Bitcoin And Lightning Conference
In March, Bitcoin and Lightning builders and developers will congregate at a beachside resort in Da Nang, Vietnam.Asia’s first Bitcoin and Lightning Network conference will take place in Da Nang, Vietnam, March 22-24, 2023 at the beachside Furama…
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the…
Gemini’s banking relationship with JPMorgan ‘remains intact’
In a brief and straightforward message, crypto exchange Gemini denied rumors, saying its banking relationship with JPMorgan remains intact.
MakerDAO Is Raking Big Money, But Why Is It Under Fire?
MakerDAO, one of the first and largest DeFi protocols on Ethereum, is raking in millions of dollars. Even as it remains successful, the decentralized money market is under immense pressure from its community. MakerDAO Makes $2.1 Million On March 8…
Breaking barriers: Meet 7 women shaping the future of crypto and Web3
Cointelegraph spoke with women from different backgrounds, projects, countries, and generations about career, diversity, and their journeys in crypto.
Crypto bill draft will be released in April, says Senator Gillibrand
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC.
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7
An NFT generator powered by artificial intelligence was recently launched by crypto exchange Binance, with 10,000 mints in 2.5 hours.
Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience.
XRP Outperforms The Market As It Roses By 5%, Breakout Imminent?
XRP has outperformed all major cryptocurrencies on the market after a tumultuous week. The token has risen more than 5% since Monday, breaking its downtrend since late February from above $0.4137. XRP is trading at $0.3963, making it the only…
Women in Web3 discuss challenges within the industry
Challenges women face within the industry include the lack of representation and toxic ”bro culture.“