5 charged by DOJ over alleged crypto price manipulation scheme
Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.”
Posts published on April 24, 2023 go to media archive 1/4
Decentralized exchange GMX votes to use Chainlink low-latency oracles
A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.”
Third round of ETH withdrawals sees roughly equal amounts of deposits: Data
Another chunk of ETH has been withdrawn due to Kraken, but deposits going onto the network have almost matched them.
Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor
Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a…
Ethereum Price Signaled “Sell” And Remains At Risk of More Losses
Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance. The price is trading below…
France mulls fast-tracking registered crypto firms to new EU rules
France's financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible.
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K
Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100…
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention.
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments…
First Mover Asia: Crypto Flat as Markets Await Tech Earnings
ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class.
Judge approves taps on SBF’s parents’ phones to meet bail conditions
Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls.
Coinbase files court action to compel SEC’s response to rulemaking petition
Coinbase is looking to force the United States Securities and Exchange Commission to respond to its rulemaking petition seeking rules for the crypto industry, a request that’s been pending since July.
Coinbase Asks for Court to Force SEC Response to 2022 Rulemaking Petition
The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.
Decentralized Exchange GMX Connects to Chainlink's Low-Latency Oracles Following Community Vote
Arbitrum-based decentralized exchange GMX will connect its platform to Chainlink's low-latency pricing oracles following a unanimous governance vote.
Ethereum Shanghai Upgrade Brings Record Inflow of 572k ETH Staked in a Week
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts said.
Standard Chartered Bank: Crypto Winter Is Over — Bitcoin Could Reach $100K Next Year
Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the…
District 9 director’s shooter, Decentraland red-light district battle: Web3 Gamer
Trouble in Decentraland’s red light district, “no mercy” for Vulcan Forged autoclickers, District 9 director’s immersive blockchain shooter.
Bitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility
Victoria, Seychelles, April 24, 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The…
As Twitter Ends Legacy Blue Checks, Bluesky Emerges as Decentralized Alternative
Twitter, a social network that once connected journalists, trusted public figures and Web3 natives, dropped its legacy verification program last week, leading some users to seek decentralized alternatives.
Stablecoins must be programmable to counter CBDCs
Decentralization enables programmability — and that allows stablecoins to wield a key advantage over central bank digital currencies.
ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping as crypto prices swooned. Arbitrum dominates the layer 2 scaling landscape by market share.
Ron Paul on the Future of the US Dollar: ‘The World Is Clearly De-Dollarizing’
Ron Paul, the former U.S. presidential candidate and former U.S. congressman, has stated that recent geopolitical events have caused nations to start ditching the U.S. dollar. Paul stated that the debasement of the currency, the manipulation of…
Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5
The bearish onslaught has taken a toll on the price of Filecoin, which slipped below the $6 mark, and the bears now have a strong foothold. On the one-day chart, Filecoin is showing consolidation with a loss of 1.1%. Over the last week, the coin…
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions.
Bitcoin’s Upcycle Shows Small Drawdowns, Report
The Bitcoin (BTC) market has faced some resistance this week, according to a report by cryptocurrency analytics firm Glassnode. The market reverted from a weekly high of over $31,000 to a low of $27,000, signaling a potential correction in the…
Price analysis 4/24: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin and select altcoins are at risk of falling below their respective support levels and starting a deeper correction.
German regulators launch inquiry into ChatGPT GDPR compliance
Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR.
House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.