Disney Lays Off Metaverse Team: WSJ
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.
Posts published on March 27, 2023 go to media archive 1/4
7 details in the CFTC lawsuit against Binance you may have missed
Within the 74-page complaint, the CFTC has labeled Ether, Binance USD, Tether and Litecoin as commodities along with Bitcoin, and made a few other startling claims.
XRP Price Prediction: Ripple Bulls Are Not Done Yet And Still Aim $0.5
Ripple is gaining pace above the $0.420 and $0.440 resistance levels against the US Dollar. XRP price is up over 5% and there could be more upsides in the near term. Ripple is gaining pace above the $0.465 resistance against the US dollar. The…
Standing Together Against Disasters: CoinEx Charity Passes on the Spirit of Charity
PRESS RELEASE. Every year, natural disasters like earthquakes, hurricanes, and floods hit countries around the world, severely damaging local infrastructure and homes and causing casualties. Individuals and communities in the catastrophe-hit areas…
Bitcoin ATM maker to refund customers impacted by zero-day hack
General Bytes has implemented several measures in the wake of the hack, including offering to reimburse its cloud-hosted customers and adding new security measures.
Dogecoin (DOGE) Breaks Out Of Resistance Line – Will It Hit $1?
Dogecoin (DOGE) has recently reclaimed a crucial support level and shattered a resistance line that has been holding strong since November 2022. If the price of Dogecoin continues to climb, investors and enthusiasts alike are wondering if this…
Ethereum Price is Struggling, But It’s Too Early to Say Bulls Have Given Up
Ethereum price started a fresh decline from the $1,800 resistance against the US Dollar. ETH could decline further if the bulls fail to protect the $1,680 support. Ethereum started a downside correction below $1,780 and $1,750. The price is trading…
Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger
Voyager's $1B sale to Binance.US put on hold by US court
A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more time to pursue appeals that challenge the deal.
BlockFi to provide over $100K in refunds to California clients
At least 111 BlockFi borrowers had continued repaying loans between Nov. 11 and Nov. 22, even though they didn't need to, according to court documents.
Bitcoin Price Revisits Key Support, Can Bulls Save The Day?
Bitcoin price declined and retested the $26,500 support. BTC must stay above the $26,500 support to avoid more losses in the coming sessions. Bitcoin started another decline and retested the $26,500 support. The price is trading below $27,500 and…
UK Treasury drops plans for Royal Mint NFT
The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.”
Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon
Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
In a blog post, Changpeng Zhao wrote that the company did not agree with “the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.
Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal
A federal judge paused Voyager's efforts to sell its assets to Binance.US in response to the U.S. government's filing for an emergency stay.
Staking gains shouldn't be taxed until they're sold
We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.
Six Million Bitcoins Now Lost Forever? Why This Matters
Over the years, millions of Bitcoin have been lost forever due to people forgetting or losing their keys, or possibly passing away without passing on their keys. With each passing year, this number grows and more BTC is lost. Now, this number is…
Breaking: Binance CEO CZ rejects allegations of market manipulation
The response comes in relation to a series of claims made by the CFTC in its March 27 complaint against Binance.
Why Bitcoin Could Be Less Than 120 Days Away From Retesting ATHs
Bitcoin price is currently pulling back alongside the broader crypto market following a strong move from $20,000 to $29,000 in a matter of two weeks. The sharp rally has the market speculating that a bottom might be in. If the bottom is indeed in…
XRP “Social Dominance” Hits 1-Year High, Here’s What This Means
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400…
UK Treasury Cancels Plans for Government-Backed NFT
Initially proposed in April 2022, the Royal Mint's plans for an NFT are not moving forward “at this time” but the proposal will remain under review.
MakerDAO passes new 'constitution' to formalize governance process
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities.
Decentraland (MANA) Turns Bearish After It Loses This Important Support Level
In the past week, MANA has turned bearish, and at press time, the altcoin continued to show similar trading patterns. On higher time frames, the coin was negative, with selling strength remaining considerably higher than buying pressure. The…
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.
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Binance Sees $218 Million In Outflows Following CFTC Lawsuit
Following the announcement of the lawsuit by the US Commodity Futures Trading Commission (CFTC) against Binance, the world’s largest cryptocurrency exchange, there have been reports of significant capital outflows. The exchange has reportedly…