Ethereum price forms bearish flag ahead of a pivotal week.

Ethereum price has formed a bearish flag pattern on the four-hour chart. The next key catalysts will be the Fed statement, NFP data, and consumer inflation numbers. ETH could crash to the next support level at $1,500. origin »

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DeFi platforms lost over $21M to hackers in February: DefiLlama data.

One of the largest is the flash loan reentrancy attack on Platypus Finance. DefiLlama has highlighted seven noteworthy hacks in February. The first hack in February was the price oracle attack on BonqDAO. origin »

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Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report.

Hong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platform in an attempt to repay creditors following a $766 million loss last year. origin »

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AltSignals Launches Its Token Presale After Private Sale Raised $100k Within 24 Hours.

AltSignals, a leading trading signals provider, has launched its highly anticipated public presale for the ASI Token (ASI). According to the AltSignals team, the presale will have five stages starting on March 7, 2023. origin »

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Bware Labs is upending the status quo in the blockchain sector with the introduction of the Blast mainnet.

Bware Labs, a leading blockchain infrastructure provider, is delighted to announce the launch of the Blast mainnet bringing a new generation of blockchain APIs. Created as a blockchain API platform, Blast is designed to provide easy blockchain access to the most relevant networks within the blockchain space. origin »

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Best Practices for Crypto Wallet Security: Keeping Your Digital Currencies Safe from Hackers.

Anybody even remotely associated with the digital asset sector would have heard of the term ‘cryptocurrency wallet,’ especially since the total capitalization of this space currently stands over $1 trillion. origin »

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TMS Network (TMSN) The DeFi Star of 2023? – Aptos (APT) Soon To Unlock 4.5 Million Tokens.

The cryptocurrency market has been a hotbed of activity lately, with some major developments occurring. Aptos (APT) is set to unlock 4. 5 million tokens. Meanwhile, TMS Network (TMSN) appears to be the DeFi star of 2023. origin »

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Amazon NFT Marketplace Speculations Heighten: New Reports Say It Could Go Live on April 24.

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Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase.

The decentralized autonomous organization behind the DAI coin previously purchased $500 million worth of notes and bonds. origin »

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‘Tonight Show’s’ Jimmy Fallon Files to Be Removed From Subpoena in Bored Apes Trademark Case.

Lawyers for “The Tonight Show” host Jimmy Fallon filed a motion to quash a document subpoena from conceptual artist Ryder Ripps on Monday, calling the move an “unwarranted fishing expedition for irrelevant material.” origin »

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Powell Warns Fed Could Get Aggressive With Rates Hikes Again.

Persistent signs of inflation are forcing the Federal Reserve to contemplate more aggressive rate hikes. Higher and Faster The Fed may not have tamed inflation just yet. Federal Reserve Chair... origin »

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White House Attention Gets Drawn to Silvergate’s Crypto Fallout.

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Coinbase Sued by Customer Who Says Exchange Refused to Reimburse Him for $96K Lost in Hack.

The victim alleges Coinbase violated various laws when it failed to pay him for the money he lost. origin »

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FTX-Linked Alameda Hits Grayscale With Lawsuit Over $9 Billion In Locked Crypto Investments.

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Bitcoin Slides to $22K as Powell Warns on Inflation.

The Federal Reserve chairman is in the Senate testifying on the economic situation on Tuesday morning. origin »

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A 2023 Bull Run - Why Are Crypto Markets Going Up?.

After a weak close to 2022, crypto markets have recovered in Q1 2023. So what’s driving the turnaround and what factors will influence crypto prices for the remainder of the year? origin »

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Kraken Exchange Unveils Plan To Launch Bank Amid Regulatory Crackdown.

Amid the several downturns in the crypto market, including the Silvergate fallout and regulatory crackdown, the U. S. -based cryptocurrency exchange Kraken has unveiled its plans to launch a banking institution. origin »

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Crypto whales moved over 650 million XRP coins.

According to WhaleAlert, cryptocurrencies have moved over 680 million XRP coins, which are estimated at $252 million at the current exchange rate. The largest transaction identified by the service amounted to 270 million XRP coins totaling $99 in favor of an unknown address. origin »

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Bybit Partners Mastercard to Provide Crypto Card Payments in Select Regions.

Coinspeaker Bybit Partners Mastercard to Provide Crypto Card Payments in Select Regions Crypto exchange Bybit has partnered with leading payment processor Mastercard to launch a debit card that facilitates crypto payments. origin »

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Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report.

Authorities have arrested 29 people, including 13 foreign citizens in connection with the fraudulent network known as "HoggPool." origin »

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What are artificial intelligence (AI) crypto coins, and how do they work?.

Discover how AI crypto coins enable decentralized AI and ML networks for the secure, transparent exchange of data and value.

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Babel wants to repay creditors via special ‘recovery coins’: Report.

Babel reportedly owes $524 million worth of Bitcoin, Ether and other cryptocurrencies due to “risky trading activities” by co-founder Wang Li. origin »

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Amazon’s NFT Platform Could Go Live Next Month on April 24.

Coinspeaker Amazon’s NFT Platform Could Go Live Next Month on April 24 Amazon CEO Andy Jassy is very much confident about the growth of the NFT space and we might soon see NFTs trading on Amazon this year. origin »

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Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report.

Australian laws to regulate the crypto industry and protect retail customers could take more than a year, government documents indicate. origin »

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BTC price: Bitcoin sees “boring action” with only $17.8M in weekly net flow.

Bitcoin on-chain exchange flows were $4 billion in and $4 billion out last week, Glassnode data shows. Crypto analyst Michael van de Poppe highlights BTC’s “boring price action” as bulls struggle above $22,000. origin »

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First Mover Americas: Bitcoin Flat as Crypto Winter Deepens.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »

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Bybit suspends USD payments via bank transfer.

USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue to buy crypto with credit or debit cards. origin »

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Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Plug Silvergate Gap.

BCB Group CEO Oliver von Landsberg-Sadie said he hopes to have dollar fiat-to-crypto rails in place and ready to go live early in the second quarter. origin »

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Crypto News – JasmyCoin News Intensifies, Bitcoin Holds Its Ground, Avorak AI Begins ICO.

As Bitcoin maintains its position as the most popular cryptocurrency, news around JasmyCoin has been increasing significantly. At the same time, Avorak, a new project in the crypto space, is launching its initial coin offering (ICO), contributing to the expanding cryptocurrency market. origin »

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Top 3 Polygon Ecosystem Tokens Below $45M Market Cap To Watch In March 2023.

With several projects being built on the network, Polygon is a layer-two (L2) blockchain for Ethereum that makes use of various scaling mechanisms to increase the scalability of the Ethereum mainnet. origin »

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Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth.

The crypto market remains in the bear zone, even after several months. In the last week, major coins, such as Bitcoin and Ethereum have seen a decline; for now, it’s impossible to determine the outcome in the nearest future. origin »

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Grayscale Bitcoin Trust Up 10% After Scoring Victory Against U.S. SEC.

Digital asset manager Grayscale is embroiled in a legal fight against the U. S. Securities and Exchange Commission (SEC). The company requested approval to convert its most significant and most popular product, the Grayscale Bitcoin Trust (GBTC), into an Exchange Traded Fund (ETF). origin »

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This Meme Coin Is Leading Crypto Market Gains, Here’s Why.

Floki Inu, a meme coin, has emerged as one of the best performers in the crypto market in the last day. Where other cryptocurrencies in the space are seeing low single-digit gains, the meme coin has been able to mount an impressive rally, leading to double-digit gains. origin »

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Bitcoin’s Latest Rejection Coincided With These Whales’ Cost Basis: Glassnode.

Data from Glassnode shows that Bitcoin’s latest rejection around the $23,800 level coincided with the cost basis of a particular whale group. Whales Who Bought Following December 2018 Have Their Cost Basis At $23,800 According to the latest weekly report from Glassnode, all three whale groups being considered here went underwater for a while after […] origin »

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WeChat Integrates Digital Yuan To Bolster Payments.

WeChat, a popular app in China, has integrated the digital Yuan into the platform. The aim is to make payments faster and seamless for the app users. Apart from WeChat, another payment app in China, Alipay also supports the digital Yuan. origin »

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Bitcoin NFT Auction by Yuga Labs Draws In $16.5 Million Despite Criticism.

The Yuga Labs 12Fold Collection auction ended yesterday. The event kicked off on March 5 and based on the announcement, 288 bidders will receive 288 inscriptions from the 300 NFT-like images on Satoshi using Ordinals. origin »

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Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles: Matrixport.

Crypto services provider Matrixport suggests collecting premium by selling bitcoin call options and using the same to fund the purchase of ether calls. origin »

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FTX Bankruptcy Special Counsel, Advisers Bill $38M for January.

FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. origin »

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Terawulf Brings First Fully Nuclear-Powered Bitcoin Mining Operation In America Online.

A joint venture with Cumulus Coin, LLC. has brought the first nuclear-powered Bitcoin mine online in Pennsylvania. origin »

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Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms.

Advisors for the bankrupt lender expressed surprise at the regulator’s shifting position, but is seeking to compromise given the $10 million monthly price tag of delaying an offer from Binance US origin »

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Here’s how Binance is mitigating its stablecoin needs after BUSD ban.

The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.

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Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities.

Local police in Singapore sent an email on Monday saying they have begun a probe connected to Do Kwon’s Terraform Labs.

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SVET Markets Weekly Update: February 27th - March 3rd 2023.

In his weekly column, investor and entrepreneur Svit Svitlo provides his overview and interpretation of the last week's significant macroeconomic events, and their impact on crypto markets in the near term. origin »

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The Company Behind the Bored Ape Yacht Club Rides the Idea of a Newly Inscribed Existing Project.

Berlin, March 3 – 2023: The Fold12 project has just announced the release of its Bitcoin blockchain NFT collection, which runs on the Ordinals protocol; meanwhile Yuga Labs, the company behind the Bored Ape Yacht Club, after being caught stealing their logo, BAYC decided to borrow the idea of an existing NFT collection from the […] origin »

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Lido DAO Price Analysis & Prediction (March 3rd) – LDO Keeps Increasing Amid Correction, Prepares For a Big Expansion.

Lido DAO has shown no sign of weakness despite the ongoing correction across the crypto market. The price continues to increase by the day. During the 2022 bear cycle, Lido DAO established solid support at $0. origin »

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New Layer-2 Network May Include AML measures, Coinbase CEO Says.

Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On March 6, Coinbase CEO was interviewed on Bloomberg Radio to discuss the crypto industry issues and how his firm will navigate them. […] origin »

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Utah Firm Accused Of Fraudulent Mining Scheme, Is SEC Against Crypto Mining?.

Weeks later after its supposed crackdown on the crypto industry, the U. S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint against a Utah firm over an allegedly fraudulent crypto mining scheme. origin »

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First Mover Americas: Grayscale Bitcoin Trust at Issue in Court.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »

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Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose.

Bitcoin may struggle to maintain current valuations if the U.S. government bond yields extend February rally, one trading firm said. Yields, however, have pulled back from multi-month highs ahead of Powell's speech. origin »

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FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved.

FLEX, the native token of the CoinFlex exchange, has risen by 21% after it emerged that a restructuring plan in the Seychelles had been approved. origin »

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