Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report
[May 31, 2023 5:50 AM] Earlier this year KuCoin closed a $10 million funding round into CNHC.
348 / 433 Relevant items tagged with #NEWS
Posts: 12,965
Posts
Find Satoshi Labs Rolls Out AI Tool That Turns Selfies Into NFTs
[May 31, 2023 5:00 AM] The parent company behind Web3 game STEPN is releasing GNT V3, which will allow users to turn their selfies into digital artworks on the Solana blockchain.
Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening
[May 31, 2023 1:26 AM] "I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S.
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
[May 30, 2023 7:03 PM] Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.
US Government Presses for Independent Examiner in FTX Bankruptcy Case
Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
[May 30, 2023 4:55 PM] Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.
Critical Vulnerability in Tron’s Multisig Mechanism Exposed $500M in Digital Assets: Report
[May 30, 2023 3:30 PM] According to a report published by the cybersecurity research team known as 0d, a division of Dwallet Labs, researchers discovered a critical vulnerability in the Tron network’s native multi-sig mechanism. The cybersecurity experts explained…
Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends
[May 30, 2023 2:56 PM] Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed…
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
[May 30, 2023 2:37 PM] The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.
Paxful Announces Appointment Of Interim CEO Roshan Dharia
[May 30, 2023 2:12 PM] Paxful, a global peer-to-peer Bitcoin platform, has announced the appointment of Roshan Dharia as the new Interim Chief Executive Officer, effective immediately. This comes after a brief shutdown period of the exchange prior to the departure of…
Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay
[May 30, 2023 1:23 PM] Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company…
Web3 Payments Firm Transak Raises $20M
[May 30, 2023 1:15 PM] The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
[May 30, 2023 1:09 PM] The legislation would have capped the industry's participation in demand response programs.
Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges
[May 30, 2023 12:38 PM] 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.
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
[May 30, 2023 12:08 PM] The exchange halted Australian dollar bank transfers early May.
Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
[May 30, 2023 12:01 PM] 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.
BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs
[May 30, 2023 11:19 AM] 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
[May 30, 2023 11:16 AM] 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
[May 30, 2023 11:13 AM] 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.
Nansen Slashes 30% of Headcount in Bid to Cut Costs
[May 30, 2023 10:55 AM] The company said it has multiple years of runway ahead, despite the need to now reduce expenses.
Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO
[May 30, 2023 10:02 AM] Titled “Maschine,” the generative art collection was created by Dutch artist Harm van den Dorpel and draws inspiration from automotive concepts.
The Bitcoin Standard Author Saifedean Ammous Joins El Salvador’s National Bitcoin Office As Economic Advisor
[May 30, 2023 9:38 AM] 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
[May 30, 2023 9:32 AM] The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost
The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook
[May 30, 2023 8:51 AM] 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.
Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom
[May 30, 2023 8:30 AM] On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have…
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
Umbrel Announces New Umbrel Home Plug-And-Play Server
[May 30, 2023 7:35 AM] Umbrel, the company behind umbrelOS, has introduced a new home server solution called Umbrel Home with the intent of providing users control over their data, privacy and digital lives, according to a press release sent to Bitcoin Magazine. Priced…
Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions
[May 30, 2023 6:22 AM] The company is only allowing crypto and transfers to platforms that comply with Coinbase-led Travel Rule Universal Solution Technology (TRUST).
First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year
[May 30, 2023 6:17 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
[May 30, 2023 6:02 AM] India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets.