Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns

A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by the company’s creditors and the SEC. This approval comes on the heels of Dentons’ commitment to return $48 million to Terraform, a substantial part of the retainer fee initially paid to the firm for legal services, marking […] The post Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns appeared first on CryptoSlate. дальше »

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Bitcoin open interest outshines 2021 peak, hits $34b

Bitcoin open interest signaled higher price expectations from investors, but one analytics firm opined a possible market correction amid historic spot ETF net inflows.  дальше »

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Whale Dumps Ethereum (ETH) for Rallying Toncoin (TON) Amid Major Collaboration and Potential Listing

According to on-chain data analytics firm Spotonchain, a crypto whale with the address 0x1ee69225a391ffb285ba7fec08b03e8a4e09c47c made a significant move in the Toncoin (TON) market. The whale swapped 205 ETH for 198,863 TON, worth approximately $816,000, at an average price of $4. дальше »

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Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024. дальше »

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MicroStrategy’s holdings are at $8.1b profit, BTC hits new ATH

Michael Saylor’s MicroStrategy has an unrealized profit of over $8 billion as Bitcoin (BTC) consistently reaches new all-time highs.  According to data from Saylor Tracker, MicroStrategy has accumulated a total of 205,000 Bitcoins — costing the firm around $6.95 billion… дальше »

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Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate

The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform. дальше »

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Why this exec thinks $1M for Bitcoin 'was already decided'

Samson Mow, the former CSO at Blockstream and current CEO at Jan3, a firm assisting nation-states with Bitcoin adoption, recently shared his insights on the latest Bitcoin [BTC] milestone.  TakingThe post Why this exec thinks $1M for Bitcoin 'was already decided' appeared first on AMBCrypto. дальше »

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MicroStrategy Acquires 12,000 More BTC With Convertible Senior Notes Proceeds

The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. дальше »

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Korean tax service mulling new platform to monitor all crypto transactions

Korea’s National Tax Service wants to develop a new management system to monitor crypto transactions and combat illegal activities, targeting completion by 2025. South Korea‘s National Tax Service has initiated preliminary consultations with a consulting firm to develop a new… дальше »

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Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance

ARK Invest CEO Cathie Wood recently declared that Bitcoin (BTC) will surpass the $1 million mark well before the anticipated year of 2030, which was her firm’s previous bull-case timeline. This updated price target comes as a result of new institutional involvement and significant regulatory milestones, especially the US approval of the first spot Bitcoin […] The post Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance appeared first on CryptoSlate. дальше »

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GoPlus Security raises $4 million in a series II+ private funding round

GoPlus Security, one of the largest cybersecurity providers in the Web3 industry has raised $4 million in a Series II+ private funding round. The funding round attracted some of the leading venture firms, with the amount going towards fulfilling the firm’s mission in the Web3 industry. дальше »

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These Are The Ethereum Altcoins Witnessing High Whale Interest

Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently. дальше »

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XRP enthusiast refutes claims of price manipulation by Ripple

A member of the XRP community, known as Sherrie, has recently addressed accusations against Ripple, the cryptocurrency firm, over the alleged manipulation of its XRP token’s price.  This development follows the surfacing of documents indicating Ripple’s engagement with GSR, a… дальше »

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BlackRock Seeks To Buy Bitcoin ETFs For Global Allocation Fund

BlackRock, the world’s largest asset management firm, has submitted a filing to the US Securities and Exchange Commission (SEC) to include Bitcoin Exchange Traded Funds (ETFs) in its Global Allocation Fund. дальше »

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Bitcoin trading app Oyl secures $3 million in pre-seed funding

Bitcoin trading app Oyl has raised $3 million in a pre-seed funding round backed by various top investment funds. According to an announcement the platform shared, digital asset investment firm Arca led the round. дальше »

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Nigeria’s apex bank taps Gluwa to accelerate e-Naira CBDC adoption

The Central Bank of Nigeria has partnered with Gluwa, a blockchain infrastructure firm, to drive the adoption of the country's central bank digital currency, the e-Naira. дальше »

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Pantera eyes $250 million of Solana holdings from bankrupt FTX at markdown

Pantera Capital, a leading cryptocurrency investment firm with $5. 2 billion under management, is actively seeking to acquire $250 million of Solana (SOL) tokens from the holdings of the bankrupt FTX. дальше »

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PepeCoin and Blur among the altcoins enticing Smart Money: Nansen data

Blockchain firm Nansen unveiled a vital on-chain insight involving Smart Money addresses, confirming that PepeCoin (PEPE) and Blur (BLUR) are among the top assets that saw significant traction among cryptocurrency traders and global investors. дальше »

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Ransomware gang BlackCat exit scams affiliates with millions in Bitcoin after attacking medical IT firm

Cyber gang BlackCat allegedly scammed its own affiliates as the group went dark shortly after it disrupted the U.S. healthcare system. An address associated with the ransomware gang BlackCat, also known as ALPHV and Noberus, received approximately $22 million worth… дальше »

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Andreessen Horowitz (a16z) pauses  crypto fund expansion for AI endeavor

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm, is recalibrating its investment strategy. The company is aiming to raise $6.9 billion for new funds with a focus on artificial intelligence (AI). This shift puts the brakes on its crypto… дальше »

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FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after… дальше »

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Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps

The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI. дальше »

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This Firm Offloads RBN as Ribbon Finance Surges 70%: Here’s the Profit

Ribbon Finance (RBN), a decentralized finance (DeFi) protocol focused on structured products and derivatives, has experienced a remarkable 70% price surge in the past 24 hours. The token is currently trading at $1. дальше »

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Digital Currency Group Files for Dismissal of New York Attorney General’s Lawsuit

The crypto firm's boss, Barry Silbert, also filed a motion to dismiss the Attorney General’s accusation that he concealed losses at the firms and so cheated customers and investors. дальше »

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Bitget Announces Listing Of CoinNess ($NESS) in Innovation and WEB3 Zone

The top cryptocurrency exchange and Web3 firm, Bitget, has announced that CoinNess ($NESS) is now listed in its Innovation and WEB3 Zone. CoinNess is a blockchain resource and cryptocurrency information platform headquartered in South Korea. дальше »

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Terraform Labs Accuses SEC Of ‘Government Overreach’ In Legal Defense Dispute

In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons. дальше »

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Bitcoin Mining Firm CEO Predicts Start Of ‘Supercycle’, What It Means

In a series of statements made on X (formerly Twitter), Marc van der Chijs, the CEO of the publicly traded Bitcoin mining firm Hut 8, shared an optimistic outlook on the future of Bitcoin, suggesting that the cryptocurrency may be on the brink of a ‘supercycle. дальше »

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Bitcoin Bridge OrdiZK rug pull: OZK token crashes to zero, CertiK confirms

In a shocking turn of events, the OrdiZK project, once poised to bridge Bitcoin, Ethereum, and Solana blockchains, has allegedly executed a massive exit scam, leaving investors in dismay. The CertiK blockchain security firm revealed that OrdiZK developers managed to siphon over $1. дальше »

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Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, according to blockchain security firm CertiK. дальше »

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MicroStrategy To Issue $600 Million In Bonds for Bitcoin Acquisition Amid Crypto Market Surge

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Bitget Announces Wen(WEN) Listing In Innovation and Meme Zone

WEN, a Solana-based cryptocurrency built around the ground-breaking idea of fractional NFTs, has been listed in the Innovation and MeMe Zone by Bitget, the top cryptocurrency exchange and Web3 firm. дальше »

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Tether blacklists four addresses holding over $20m in USDT

USDT issuer Tether has blacklisted another group of addresses after it publicly committed to fight illicit use of stablecoins. In an X post on Mar. 5, blockchain forensic firm PeckShield revealed that stablecoin issuer Tether has blacklisted another four addresses… дальше »

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Floki Inu and Dogecoin flying, anticipation high for this AI altcoin presale

InQubeta is trending higher in its presale. At the same time, FLOKI and DOGE are firm дальше »

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MicroStrategy To Raise $600 Million To Buy More Bitcoin

The business intelligence firm continues its aggressive bitcoin accumulation strategy as its stock price rips past $1,330. дальше »

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Chainlink and Bonk booming, investors set sight on new altcoin

Chainlink (LINK) and Bonk (BONK) are firm. Meanwhile, investors are analyzing Pullix (PLX) whose presale is in progress дальше »

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WIF and SOL surging; GFOX aims to top meme coin list

WIF and Solana (SOL) are firm. Meanwhile, the spotlight is on Galaxy Fox, an upcoming meme coin дальше »

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Vanguard CEO to retire - Will the firm change its anti-BTC ETF stance?

In a recent turn of events, Vanguard issued a statement revealing that Tim Buckley, the long-standing Chairperson and CEO, will retire by the close of 2024 after more than thirty years in his role. дальше »

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New Report Reveals Over Half Of Illegal Crypto Transactions Are Linked To Terrorist Groups And Sanctioned Entities

So far, concerns have escalated over the use of cryptocurrency by sanctioned groups and terrorist organizations, as revealed in the latest “2024 Crypto Crime Report” by leading blockchain analytics firm Chainalysis. дальше »

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Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

The question some are now asking is whether the famously conservative firm will pivot on crypto. дальше »

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Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs

Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index. дальше »

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SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions

The US Securities and Exchange Commission (SEC) accused Terraform Labs of transferring around $166 million to Dentons U. S. LLC, a law firm, under the guise of an Advance Retainer Payment. The SEC views this move as an effort to divert assets from the company ahead of any court decision. дальше »

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Arbitrum to build ecosystem for blockchain developers in South Korea

Korean firm specializing in web3 and blockchain Dispread announced a partnership with a second-level solution on Ethereum Arbitrum. According to a press release on Feb. 29, Dispread plans to distribute research content and development guides to help Arbitrum build a… дальше »

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Hong Kong’s largest futures Bitcoin ETF surges 500% in AUM

The assets under management of Hong Kong’s largest futures Bitcoin exchange-traded fund (ETF) have soared by 500%, reaching the $100 million mark since October 2023. Hong Kong-based capital market firm CSOP Asset Management revealed in an interview with Reuters that… дальше »

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Seneca Protocol hacker returns $5.3m from the $6.4m breach

The individual behind the Seneca Protocol hack has returned $5.3 million in Ethereum (ETH) to the Seneca team shortly after stealing $6.4 million in a security validation exploit. Per a recent disclosure from Peck Shield, a blockchain security firm, the… дальше »

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Shido token dives over 90% after Ethereum staking contract exploit

A security breach on the layer-1 blockchain Shido has led to a dramatic drop in its token value, plunging by over 90% within a mere half-hour period. The incident occurred after an exploit was detected, with blockchain security firm PeckShield… дальше »

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SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters. дальше »

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Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro

Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2 network for Bitcoin called Anduro to build upon the flagship crypto’s ecosystem. дальше »

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Coinbase Crash: App Outage Sparks Panic As Customers Face $0 Balances In Accounts

In a concerning turn of events, Coinbase (COIN), one of the world’s largest cryptocurrency exchanges, experienced a crash in its application, causing the firm’s stock to rapidly plummet to the $200 level. дальше »

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Cardano (ADA) Among Only Coins Seeing Loss-Taking: What It Means

Cardano (ADA) is among the few cryptocurrencies that are still observing loss-taking being the dominant behavior among investors. Bitcoin & Ethereum See Profit-Taking, While Cardano Is Seeing Capitulation According to data from the on-chain analytics firm Santiment, Bitcoin (BTC) and Ethereum (ETH) have both been seeing the investors majorly selling at profits, while Cardano has seen the loss-taking outweigh the profit-taking. дальше »

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Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development Flourishes on OG Blockchain

Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of development and layer-2 building now taking place on the original blockchain. дальше »

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