Posts

Showing posts with the label Crypto News and Price Data

OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets

Image
FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/3K8ohq0

First Mover Asia: Bitcoin Rises Over $28.3K Despite Binance Legal Woes

Image
ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going. Bitcoin, ether and other cryptos spike. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/Bo1A7Gh

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Image
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/qDzl6Lc

The Liability of DAOs and Their Founders Has Been Put to the Test in Court

Image
Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/uGIVK2E

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?

Image
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/XtwoIeO

NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon

Image
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. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/TvVtUod

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard

Image
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around? via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/bFwzAqY

UK Treasury Cancels Plans for Government-Backed NFT

Image
Initially proposed in April 2022, the Royal Mint's plans for an NFT are not moving forward “at this time” but the proposal will remain under review. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/pxvR7hE

First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC

Image
Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/g0BeiYO

First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg

Image
Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/kMxnzd2

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

Image
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/IyM5GP7

The UK Has Created Crypto Banking Problems

Image
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/FfYjeZz

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Image
Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/t0XiypP

ARK Buys the Wells Dip With $17.7 Million COIN Purchase

Image
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/Q7Zol5s

Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC

Image
Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/RznJoh3

First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision

Image
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/JxZ6Iih

FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

Image
Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/2JGxctZ

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

Image
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/Yfb7SVA

ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak

Image
Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/tP4Eowl

Hacker vs Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say

Image
The wallet that stole $200 million in crypto from DeFi protocol Euler Finance was the target of an apparent phishing campaign from North Korean hackers, according to analysts. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/bdWUz4a