Crypto Exchange BitGet Starts $100M Asia-Focused Web3 Fund
[Apr 9, 2023 11:44 PM] BitGet started its fund as more crypto projects seek non-U.S. jurisdictions.
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First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
[Apr 9, 2023 6:50 PM] BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation…
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
[Apr 9, 2023 5:19 PM] A new report from the failed crypto exchange FTX’s current leadership says that former FTX US President Brett Harrison resigned last September partly because of a “protracted disagreement” with CEO Sam Bankman-Fried and members of his inner…
Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues
[Apr 9, 2023 3:00 PM] On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far…
Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
[Apr 9, 2023 1:30 PM] Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them…
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
[Apr 9, 2023 7:34 AM] The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is…
Bank of England Targets 30-Strong Team for Digital Currency: Report
[Apr 9, 2023 6:34 AM] Among the positions available: Digital Pound Security Architect and Digital Pound Solutions Architect.
Sushi DEX Approval Contract Exploited For $3.3M
[Apr 9, 2023 12:02 AM] Developers asked users to revoke contracts as a security measure early Sunday.
NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
[Apr 8, 2023 11:30 PM] Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader…
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
[Apr 8, 2023 3:30 PM] Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the…
Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency
[Apr 8, 2023 1:30 PM] Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this…
NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot
[Apr 8, 2023 10:00 AM] Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by…
Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets
[Apr 8, 2023 4:30 AM] Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot has recommended “massive…
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
[Apr 8, 2023 2:30 AM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches…
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
[Apr 7, 2023 4:30 PM] A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a…
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
[Apr 7, 2023 4:15 PM] Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO.
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
[Apr 7, 2023 3:00 PM] According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the…
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39
[Apr 7, 2023 1:30 PM] Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on…
Arkansas House And Senate Pass Bill Protecting Right To Mine Bitcoin, Goes To Governor For Approval
[Apr 7, 2023 1:11 PM] Arkansas has taken the next step to approve a bill that protects the right to mine Bitcoin, which now heads to the governor’s office.The Arkansas State House has passed a bill aimed at regulating the Bitcoin mining industry in the state. Already…
Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday
[Apr 7, 2023 12:30 PM] The v2 upgrade will include a new concentrated liquidity automated market maker aimed at making trading for the Camelot ecosystem more efficient.
Crypto Derivatives Exchange dYdX Ices Canadian Market
[Apr 7, 2023 12:24 PM] The dYdX token, currently trading for $2.45 has slid over 5.4% in the last 24 hours.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
[Apr 7, 2023 10:05 AM] Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
[Apr 7, 2023 6:38 AM] Bitcoin rose/fell to $XX,XXX in the minutes following the report.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
[Apr 7, 2023 5:16 AM] South Korea requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
[Apr 7, 2023 3:55 AM] Local stakeholders call the move a “marketing gimmick” while others say its the most efficient way to mass distribute economic stimulus.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
[Apr 7, 2023 2:38 AM] The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
[Apr 6, 2023 9:00 PM] Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
[Apr 6, 2023 7:24 PM] Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.
DCG’s Bitcoin Mining Firm Foundry To Begin Charging Fees For Services
[Apr 6, 2023 6:12 PM] The largest mining pool by hash rate share will no longer offer its services for free, according to a notice sent to clients. Foundry, the Bitcoin mining arm of Digital Currency Group, will stop providing its services for free, according to a…