A Botched Heist: A Look At The Sloppy $8.5M Hack On Platypus Protocol
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Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets
[Feb 17, 2023 5:00 PM] A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with…
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
[Feb 17, 2023 11:31 AM] The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle…
Euphoria Turns Into Fear, Bitcoin Retraces From $25,000 High
[Feb 17, 2023 11:00 AM] Bitcoin began the week climbing to its highest level in 2023. Against all odds, the largest cryptocurrency on the market reclaimed the $25,000 level for the first time since August 2022, only to be rejected hours after reaching the milestone. What…
Unstoppable Domains and Crypto Browser Opera Widen Scope to Offer Accessible Web3 Identity System
[Feb 17, 2023 9:00 AM] Opera, the Web3 browser, and Unstoppable Domains, the non-fungible token (NFT) domain provider, have announced that users can now access all domain endings, including .x, .crypto, and .nft, across Opera’s browsers. Additionally, Opera and…
Bitcoin Bulls Charge Into BTC Death Cross, Why This Level Matters
[Feb 16, 2023 5:55 PM] Bitcoin price briefly touched over $25,000 per coin today, before pulling back late in the day. The rally took Bitcoin price precisely to both the 50-week and 200-week moving averages that have recently “death crossed.” Will the top cryptocurrency
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations
[Feb 16, 2023 3:00 PM] The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the…
New Upgrade Pushes Cardano Over $0.4, What’s Next?
[Feb 16, 2023 2:00 PM] The recent Cardano (ADA) upgrade to increase cross-chain interoperability has propelled the price of ADA above $0.420, breaking the range formed after January 8, 2023. ADA’s price action has been slow-paced, full of sideways movement…
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
[Feb 16, 2023 3:00 AM] Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large…
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
[Feb 16, 2023 1:00 AM] According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of…
Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain
[Feb 15, 2023 11:00 PM] German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to…
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’
Data Shows Stablecoin War Heating Up Amid Regulatory Crackdown
[Feb 15, 2023 4:35 PM] The Securities Exchange Commission (SEC) continues to pursue its regulatory policy toward the crypto industry. In the process, the regulator contributed to the so-called stablecoin war, which intensified. Paxos’ decision to stop minting new…
Is The Biden Administration Behind Attack On Crypto?
[Feb 15, 2023 2:08 PM] The attack on crypto projects is sanctioned from the very top of the Biden administration, a source who didn’t want to be named has said. The Biden Administration Sanctioned The Attack On Crypto Talking to crypto podcaster Tony Edwards, host of…
UK Think Tank Opposes Bank Of England’s CBDCs
[Feb 15, 2023 7:30 AM] The UK Tax Reform Council, a non-profit organization, recently opposed the Bank of England’s move to create CBDCs. According to the council, this move will not profit the masses, as the government will get more rights over individuals’…
Matrixport Executive Thinks BUSD Crackdown Won’t Spread To All Stablecoins
[Feb 15, 2023 4:23 AM] Matrixport’s executives believe the regulatory enforcement on BUSD will not impact all stablecoins. Moreover, according to the executive, other issues surround the crackdown. The United States regulators are striking hard on some crypto…
Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year
[Feb 14, 2023 11:00 PM] Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the…
Forget The Moon: Bitcoin Could Target The “Cloud” At $40K
[Feb 14, 2023 5:38 PM] Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
Is Bitcoin Entering Into A New Bull Run? Pantera Capital Weighs In
[Feb 14, 2023 2:00 PM] After the recently released inflation data, Bitcoin has reacted positively to the upside. Market participants expected an inflation rate of 6.2%, but the US government reported an inflation rate of 6.4%. Pantera Capital looks at Bitcoin’s…
Crypto Investor Sentiment Remains Neutral Despite Market Downturn
[Feb 14, 2023 11:00 AM] Over the past week, the crypto market has seen a downturn that has dragged down the prices of most digital assets in the space. However, despite this decline in prices, investors seem to not be reacting either negatively or positively as sentiment…
Hedera (HBAR) Token Shines With 10% Weekly Gains When Market Suffers Downtrend
[Feb 14, 2023 10:33 AM] Hedera’s native token, HBAR, is currently in the green, while its counterparts in the crypto market are flat or recording losses on high timeframes. On-chain data shows the coin has been witnessing impressive performance this year. Now…
3 technical analysis strategies that help confirm winning trades
[Feb 14, 2023 8:23 AM] A combination of RSI, Bollinger Bands and MACD indicators can help investors confirm winning trades.
Here’s How To Trade Today’s CPI In Bitcoin And Crypto
[Feb 14, 2023 2:02 AM] Amid news and rumors of a harsh crackdown of the crypto sector by U.S. authorities, the Bitcoin and crypto market is facing a crucial turning point today with the release of the U.S. Consumer Price Index (CPI) for January 2023. The release by the…
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
[Feb 13, 2023 7:30 PM] Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators…
Total Crypto Market Triggers Golden Cross, Despite “Deadly” Bitcoin Counterpart
[Feb 13, 2023 3:14 PM] The chart representing the total crypto market cap in aggregate has triggered a golden cross on daily timeframes. While the crossover of two important moving averages is typically a buy signal, Bitcoin, is close to confirming the opposite signal —…
BNB Crashes 10% Amid Uncertainty Around Binance
[Feb 13, 2023 12:02 PM] Binance Coin (BNB), created and issued by the exchange Binance has suffered a massive drop in its price action. The crash follows an investigation from the U.S. Securities and Exchange Commission (SEC) against crypto firm Paxos, which supports…
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App
[Feb 13, 2023 11:30 AM] Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on March 16, 2023, and app users…
Here’s Why The Stablecoin And Binance FUD Might Be Overblown
