Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
The legislation would have capped the industry's participation in demand response programs.
Posts published on May 30, 2023 go to media archive 2/4
US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.
Should Russia Bolster or Ban Bitcoin?
The country reportedly backed out of plans to build a "national crypto exchange," its latest sign of indecision.
Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges
The U.S. Securities and Exchange Commission settled charges with a former Coinbase product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.
SEC settles case against Wahi brothers for Coinbase insider trading
The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities.
Can This THORChain New Feature Push Back RUNE Bears?
THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their THORFi ecosystem. However, amid this…
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
The exchange halted Australian dollar bank transfers early May.
Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country.
Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom
A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. With the signal now firing once…
Binance considers allowing traders to secure collateral at banks: Report
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service.
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange…
Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs
Japan's largest airline launches NFT marketplace
The platform is part of Air Nippon Airways' ongoing expansion into the intersection of airlines and Web3.
BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs
The new token standard allows traders to burn their ERC-721 NFTs and transfer them to Ordinals on the Bitcoin network.
Sabre56 Announces New Partnership With GEM Mining To Host More Than 4,500 Bitcoin Miners
Sabre56, a Bitcoin mining hosting provider and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-grade Bitcoin mining company. The agreement entails Sabre56 hosting 4,510 BTC miners that…
U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets
The derivatives agency said that clearing organizations it oversees have moved into the crypto space and it issued a reminder that they need to actively address the risks.
Bitcoin’s next rally may be imminent, on-chain analyst says
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead analyst James Check.
Nansen Slashes 30% of Headcount in Bid to Cut Costs
The company said it has multiple years of runway ahead, despite the need to now reduce expenses.
Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?
On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed…
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.
Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO
Titled “Maschine,” the generative art collection was created by Dutch artist Harm van den Dorpel and draws inspiration from automotive concepts.
Decentralized exchange PancakeSwap moves into GameFi
The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.
The Bitcoin Standard Author Saifedean Ammous Joins El Salvador’s National Bitcoin Office As Economic Advisor
Dr. Saifedean Ammous, prominent economist and author of "The Bitcoin Standard," is poised to take on a new role as an Economic Advisor to El Salvador's Bitcoin Office. This appointment comes after El Salvador made history by becoming the first…
FTX Examiner Appointment Referred to Court of Appeals by District Judge
The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost
NFT Market Update: Major Collections Suffer Price Slump in 2023
The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived…
Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level
XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also…
Bitcoin price rejects at $28K as analysts eye CME futures gap dip
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity.
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.
The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook
Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector.