Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
[Mar 24, 2023 3:21 PM] But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
394 / 424 Relevant items tagged with #News
Posts: 12,695
Posts
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
[Mar 24, 2023 1:30 PM] According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the…
Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities
[Mar 24, 2023 1:22 PM] The NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream.
Bitcoin From Defunct BTC-e on the Move Again: Report
[Mar 24, 2023 1:00 PM] Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.
Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets
[Mar 24, 2023 12:24 PM] Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.
Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval
[Mar 24, 2023 11:42 AM] The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
[Mar 24, 2023 11:39 AM] BlockFi filed for bankruptcy in the wake of FTX's collapse.
Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case
[Mar 24, 2023 11:35 AM] Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore.
Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector
[Mar 24, 2023 11:30 AM] U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S…
Matter Labs Has No Plans for zkSync Era Airdrop, But Crypto Twitter Is Speculating
[Mar 24, 2023 11:20 AM] Based on the precedent set by many crypto projects, including this week's example with Arbitrum's airdrop of its ARB token, the speculation over a possible zkSync airdrop isn’t totally unfounded.
Decentralized Media Via Web3: A Solution to Bias and Trust Issues in News?
[Mar 24, 2023 10:29 AM] Ashley Rindsberg – a speaker at CoinDesk's Consensus festival – argues that the New York Times has a track-record of dangerous misreporting. Is "DeMe" the answer to what skews to the media?
U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts
[Mar 24, 2023 10:21 AM] U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed…
Do You Believe in (Bitcoin) Magic?
[Mar 24, 2023 10:05 AM] NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that…
Nasdaq Eyeing Q2 2023 Release For Bitcoin And Crypto Custody Platform
[Mar 24, 2023 10:02 AM] The exchange giant is joining Fidelity and BNY Mellon in the pursuit of their own cryptocurrency custody platform. Nasdaq, an American stock exchange based in New York City, is reportedly looking at Q2 2023 for the release of its custody services…
A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange
[Mar 24, 2023 9:53 AM] Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange…
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
[Mar 24, 2023 8:49 AM] DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says.
Do Kwon Charged, Due in Montenegro Court for Extradition Hearing: AFP
[Mar 24, 2023 8:32 AM] Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.
Matter Labs Opens zkSync Era to Users, Claiming First in ‘Zero Knowledge’ Tech on Ethereum
[Mar 24, 2023 8:00 AM] After launching ZkSync Era for developers-only last month, the project took the additional step Friday of opening it to general users. The latest push comes just days ahead of Polygon’s planned rollout on Monday of its own “zero knowledge Ethereum…
Here's Why Crypto Traders Should Be Attentive to 'De-Inversion' of Treasury Yield Curve
[Mar 24, 2023 7:58 AM] Treasury curve suggests the widely-anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.
Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg
[Mar 24, 2023 6:53 AM] Nasdaq announced its intentions last September as it looked to respond to the demand from institutional crypto investors.
Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead
[Mar 24, 2023 6:34 AM] Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.
First Mover Americas: Bitcoin Clings to $28K as Turbulent Week Draws to Close
[Mar 24, 2023 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations
[Mar 24, 2023 6:24 AM] The bill will strip technology innovations such as software programming, coding, apps and Artificial Intelligence development from tax obligations on income, property, capital gains and import tariffs, Bukele said in the tweet.
NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters
[Mar 24, 2023 5:59 AM] When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January.
Binance Suffers Two-Hour Spot Market Outage Due to Software Bug
[Mar 24, 2023 5:45 AM] Bitcoin slightly dipped as Binance spot trading was suspended.
Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein
[Mar 24, 2023 5:14 AM] The next main catalyst for the sector is the reward halving in early 2024, the report said.
California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
[Mar 24, 2023 4:21 AM] The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said.
Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
[Mar 24, 2023 4:10 AM] The payment was due on March 23 and was required to fund working capital.
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
[Mar 24, 2023 3:27 AM] Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024
[Mar 24, 2023 1:12 AM] The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months.