British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
[Mar 29, 2023 4:17 AM] The 3AC founders will be found in contempt of court if they fail to reply to the order.
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European Banking Regulator Calls Attention to Digital Ledger Technology
[Mar 29, 2023 4:04 AM] Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
[Mar 29, 2023 3:30 AM] One observer said poor order book depth is primarily responsible for bitcoin's rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
Bitcoin Regains $28K; XRP Surges for a Second Day
[Mar 29, 2023 1:58 AM] XRP led gains in major tokens on positive sentiment, but might face a sell-off in coming days.
Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows
[Mar 29, 2023 1:52 AM] Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance.
FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Delayed
[Mar 29, 2023 1:41 AM] A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says
[Mar 28, 2023 11:58 PM] A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.
Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain
[Mar 28, 2023 11:30 PM] According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give…
The Algorand Foundation Branches Out to India
[Mar 28, 2023 11:30 PM] Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
[Mar 28, 2023 7:48 PM] Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.
FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
[Mar 28, 2023 4:07 PM] The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank…
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
Canada to Ask Pension Funds to Disclose Crypto Exposure
[Mar 28, 2023 3:50 PM] The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
[Mar 28, 2023 3:36 PM] The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.
Bitcoin Layer 2 Stacks' Token a Top Performer in March
[Mar 28, 2023 3:20 PM] STX has gained 23% in March and is up 350% over the past year.
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
[Mar 28, 2023 2:30 PM] A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict…
Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
[Mar 28, 2023 2:26 PM] Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
[Mar 28, 2023 1:56 PM] The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
[Mar 28, 2023 1:53 PM] The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s filing against Binance and its CEO, Changpeng Zhao.
Chicago-Based Radix Trading Is One of Three Quant Firms in Binance Suit: WSJ
[Mar 28, 2023 1:44 PM] The CFTC's lawsuit against Binance and CEO Changpeng Zhao noted at least three U.S.-based quantitative firms that were active on the exchange.
U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
[Mar 28, 2023 1:25 PM] With the ink still drying on its Binance action, U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reiterated Tuesday that he believes ether is a commodity – a potentially controversial assertion that seems to counter what his…
Former CFTC Chairman: Regulator's Lawsuit Against Binance 'Is a Big Deal'
[Mar 28, 2023 12:47 PM] “This is a big deal,” Timothy Massad told CoinDesk TV’s “First Mover” regarding the agency’s action against the largest crypto exchange in the world.
Federal Prosecutors Charge Sam Bankman-Fried With Attempt To Bribe Chinese Officials With $40 Million
[Mar 28, 2023 12:38 PM] In a new indictment unsealed on Tuesday, officials charged Sam-Bankman Fried with bribing Chinese officials to release frozen assets.Federal prosecutors have accused Sam Bankman-Fried (SBF), former CEO of failed cryptocurrency exchange FTX, of…
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
[Mar 28, 2023 11:30 AM] Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government…
UK Crypto Promotions Laws Hoped to Be in Place by Late 2023
[Mar 28, 2023 11:01 AM] The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.
Fear and Greed Index Pulls Back After Hitting 'Greediest' Level Since Late 2021
[Mar 28, 2023 10:28 AM] The index, which measures the current sentiment in the crypto market, reached its highest point since 2021 last week hitting a rating of 68.
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
[Mar 28, 2023 10:00 AM] Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens.
Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
[Mar 28, 2023 9:00 AM] Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees.
Paradigm Leads $7M Round for Optimism-Based Startup Conduit
[Mar 28, 2023 9:00 AM] The newly announced startup will help developers launch Optimism-based applications.
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
[Mar 28, 2023 9:00 AM] The APT43 group steals crypto to fund operations and launders it through cloud mining services.