SBF's inner circle received $3.2B, mainly from Alameda: Court filings
Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research.
Posts published on March 15, 2023 go to media archive 1/3
Ethereum Price Dips Further But 100 SMA Is The Key To Fresh Increase
Ethereum price is correcting gains from the $1,780 zone against the US Dollar. ETH must stay above the 100 hourly SMA to start a fresh increase. Ethereum started a downside correction from the $1,780 resistance zone. The price is trading above…
Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal
The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have it declare his extradition from the United States to South Africa illegal. In its ruling, the Supreme Court of Appeal…
US credit crunch means it’s time to buy gold and Bitcoin: Novogratz
The Galaxy Digital CEO predicts tough times ahead for the United States economy but continues to be bullish on crypto.
Bitcoin Price Reaches Inflection Zone As The Bears Slowly Take Control
Bitcoin price is moving lower and trading below $25,000. BTC remains at a risk of a downside break if it stays below the $25,200 resistance zone. Bitcoin started a downside correction below the $25,500 support zone. The price is trading above…
Federal Reserve confirms July launch for FedNow instant payment service
The Fed Now service aims to reduce the gap in payment time between US financial institutions.
Formfunction to shutter marketplace amid Solana NFT slump
The platform didn’t disclose the reason for its closure, but Solana NFTs haven’t been having the best run lately.
India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is…
Circle clears ‘substantially all’ minting and redemption backlog for USDC
The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion USDC.
Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’
1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia.
Blame traditional finance for the collapse of Silicon Valley Bank
Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency.
OpenAI co-founder’s 'World ID' project launches, along with SDK waitlist
The new IDs will allow users to prove they are unique humans without revealing personal information on websites.
How The USDC Depeg Will Impact DeFi, Expert Explains
Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion…
Gensler suggests staking token operators should ‘seek to come into compliance’
The SEC head was speaking impromptu to reporters after a commission meeting when he was asked about a statement made by the CFTC chair.
Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved…
Digitalnote has so many new features, we can't list them all. #XDN staked directly in the mobile wallet App. Read up on the future of finance. Digi...
Digitalnote has so many new features, we can't list them all. #XDN staked directly in the mobile wallet App. Read up on the future of finance. Digitalnote.org $XDN #BTC #ETH #PassiveIncome @rocketbotpro pic.twitter.com/GYbEPecjFU
Cardano May Touch $0.30 But These Price Levels Are Vital For The Coin
Cardano had attempted to recover on its chart in the past week, but the bulls could not sustain the attempted upward movement. Over the last 24 hours, ADA dipped close to 9%, and in the previous week, it registered a loss of 1%. At the moment, ADA…
Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
Speaking at the SXSW conference in Austin, Molly White compared crypto companies' current predicament to that in 2017 and 2018, when they had “trouble accessing banking”.
Salesforce Web3 to help brands build trusted and scalable NFT programs
The platform promised to help companies create, manage, and deploy non-fungible tokens (NFTs) in a trusted, scalable, and sustainable way.
Bitcoin Bearish Signal: Exchanges Observe Growing Reserves
On-chain data shows exchanges have been observing recent growth in their Bitcoin reserves, a sign that selling pressure may be increasing. All Exchanges Observe Growing Bitcoin Reserves, Except For Coinbase As an analyst in a CryptoQuant post…
UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K…
Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees
FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance.
DigitalNote Subscription now also include an option for Non-Custodial (coins in your own wallet) Masternode hosting #XDN, small wonders for big value....
DigitalNote Subscription now also include an option for Non-Custodial (coins in your own wallet) Masternode hosting #XDN, small wonders for big value. Checkout Digitalnote.org $XDN #BTC #ETH #PassiveIncome @rocketbotpro pic.twitter.com/ZYezHSQ0HE
Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure.
Why Bitcoin Could Explode To $40,000 Per Coin In A Flash
Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash. Here is a closer look at the technical combination that has in the past…
Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?
As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. The…
Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 8–14
Meta discontinues NFT services on Instagram and Facebook, and Binance NFT marketplace adds support for trading NFTs on the Polygon blockchain network.