Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps

Quick Take +311k jobs created vs.

The post Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps appeared first on CryptoSlate.

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Hedera halts wallet and app access due to possible exploit

Hedera is turning off access to most services, as announced in a tweet on March 9.

The post Hedera halts wallet and app access due to possible exploit appeared first on CryptoSlate.

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Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn

Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. The post Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn appeared first on CryptoSlate. дальше »

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New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades

CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The post New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades appeared first on CryptoSlate. дальше »

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Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners

The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. The post Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners appeared first on CryptoSlate. дальше »

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NYAG sues KuCoin over New York operations

New York Attorney General Letitia James has filed a lawsuit against the cryptocurrency exchange KuCoin, according to a March 9 announcement. The post NYAG sues KuCoin over New York operations appeared first on CryptoSlate. дальше »

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Blockchain.com to shutter asset management division

Blockchain dot com will discontinue its asset management arm after less than a year of operation, according to a report from Bloomberg on March 9. The post Blockchain.com to shutter asset management division appeared first on CryptoSlate. дальше »

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Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector

Quick Take Bitcoin lost $21,000 as support and is over 5% down today This comes after news of Silvergate halting operations. The post Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector appeared first on CryptoSlate. дальше »

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Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report

Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. The post Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report appeared first on CryptoSlate. дальше »

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Bitcoin loses $21k support

Bitcoin has lost crucial support at the $21,000 level as market volatility has continued after the collapse of Silvergate. The post Bitcoin loses $21k support appeared first on CryptoSlate. дальше »

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Bitcoin loses $21k support and sheds 5% in 24H trading

Bitcoin has lost crucial support at the $21,000 level as market volatility has continued after the collapse of Silvergate. The post Bitcoin loses $21k support and sheds 5% in 24H trading appeared first on CryptoSlate. дальше »

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Hedera experiencing smart contract irregularities

Hedera’s (HBAR) core team announced that the network was experiencing “smart contract irregularities” about an hour before the time of writing. The post Hedera experiencing smart contract irregularities appeared first on CryptoSlate. дальше »

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Ethereum Foundation makes new Goerli Shapella announcement

An important Ethereum upgrade is set to take place next week that will allow stakers to finally withdraw funds staked during the merge. The post Ethereum Foundation makes new Goerli Shapella announcement appeared first on CryptoSlate. дальше »

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“NFT” sweeps across US as the most used crypto slang

The word “NFT” (non-fungible token) is the most popular crypto slang used in the United States, according to a recent study by Crossword Solver. The post “NFT” sweeps across US as the most used crypto slang appeared first on CryptoSlate. дальше »

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Ethereum’s NFT gas usage heads towards a two-year low as inscription demand takes over

Definition The relative amount (share) of gas consumed by the Ethereum network by category. The post Ethereum’s NFT gas usage heads towards a two-year low as inscription demand takes over appeared first on CryptoSlate. дальше »

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NFTs vs Securities: The battle for regulatory classification in the crypto world

Non-fungible tokens (NFTs) do not qualify as securities, according to a statement released by the German Financial Supervisory Authority (BaFin). The post NFTs vs Securities: The battle for regulatory classification in the crypto world appeared first on CryptoSlate. дальше »

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Vitalik Buterin chastises BITE, other shitcoins for having no ‘redeeming cultural or moral value’

Ethereum co-founder Vitalik Buterin warned the crypto community about BITE and other unnamed assets being discussed on the r/Testingtesting62831 subreddit group. The post Vitalik Buterin chastises BITE, other shitcoins for having no ‘redeeming cultural or moral value’ appeared first on CryptoSlate. дальше »

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Biden to propose changing crypto tax rules: WSJ

United States President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. The post Biden to propose changing crypto tax rules: WSJ appeared first on CryptoSlate. дальше »

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Marathon says it has repaid Silvergate loan, terminated credit facility

Marathon Digital said that it has repaid a term loan and terminated its credit facilities with Silvergate Bank, according to a press release published on March 8. The post Marathon says it has repaid Silvergate loan, terminated credit facility appeared first on CryptoSlate. дальше »

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CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans

The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. The post CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans appeared first on CryptoSlate. дальше »

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Silvergate Bank will halt operations and undergo liquidiation

Silvergate Bank will wind down operations and undergo liquidation, according to a March 8 press release from its holdings company, Silvergate Capital. The post Silvergate Bank will halt operations and undergo liquidiation appeared first on CryptoSlate. дальше »

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CFTC chair Rostin Benham deems Ethereum, stablecoins to be commodities

CFTC chair Rostin Benham said that various digital assets, including Ethereum and stablecoins, are commodities during a hearing on March 8. The post CFTC chair Rostin Benham deems Ethereum, stablecoins to be commodities appeared first on CryptoSlate. дальше »

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Gemini denies reports of banking relationship ending with JPMorgan

Crypto exchange Gemini has denied reports that its banking relationship with United States banking giant JPMorgan has ended. The post Gemini denies reports of banking relationship ending with JPMorgan appeared first on CryptoSlate. дальше »

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Failing bank Silvergate and FDIC are discussing recovery plans

Failing crypto bank Silvergate is exploring ways to make a recovery with United States regulators, according to a report from Bloomberg on March 7. The post Failing bank Silvergate and FDIC are discussing recovery plans appeared first on CryptoSlate. дальше »

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Voyager can sell assets to Binance.US, judge rules

A bankruptcy judge has ruled that Voyager Digital is allowed to sell its assets to Binance US, Bloomberg News reported March 7. The post Voyager can sell assets to Binance.US, judge rules appeared first on CryptoSlate. дальше »

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CryptoSlate Wrapped Daily: Algorand MyAlgo thefts continue; Grayscale’s ETF case proceeds

The biggest news in the cryptoverse for March 7 saw Algorand face criticism over its insufficient response to a third-party wallet breach. The post CryptoSlate Wrapped Daily: Algorand MyAlgo thefts continue; Grayscale’s ETF case proceeds appeared first on CryptoSlate. дальше »

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Elon Musk has ambitions of making Twitter the world’s biggest financial institution

Twitter owner Elon Musk said during a conference on March 7 that his social media company aims to become a leading payment service. The post Elon Musk has ambitions of making Twitter the world’s biggest financial institution appeared first on CryptoSlate. дальше »

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New legal opinion paper looks into the legality of staking services

A new article published in Lexology navigates the evolving landscape of crypto staking and custody. The post New legal opinion paper looks into the legality of staking services appeared first on CryptoSlate. дальше »

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Missouri passes crypto mining protection law

The United States state of Missouri passed the “Digital Asset Mining Protection Act” on March 7 to protect the rights of crypto miners. The post Missouri passes crypto mining protection law appeared first on CryptoSlate. дальше »

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Machine money gains traction among EU regulators; stablecoins under consideration

As the crypto asset market has expanded dramatically in recent years, stablecoins have also experienced remarkable growth. The post Machine money gains traction among EU regulators; stablecoins under consideration appeared first on CryptoSlate. дальше »

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Binance’s PoR system shows over $63B in reserves backing 24 assets

Binance, one of the world’s largest crypto exchanges, updated its proof-of-reserves (PoR) system to include 11 new tokens. The post Binance’s PoR system shows over $63B in reserves backing 24 assets appeared first on CryptoSlate. дальше »

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Research: Tether shines as leading stablecoin in evolving market

Following the FTX disaster in November, the stablecoin market has significantly changed, losing $12 billion in value. The post Research: Tether shines as leading stablecoin in evolving market appeared first on CryptoSlate. дальше »

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Yuga Labs concludes $16M TwelveFold auction

Yuga Labs’ TwelveFold auction, which saw the company sell its first collection of Bitcoin ordinals, has concluded on March 6 following a weekend sale. The post Yuga Labs concludes $16M TwelveFold auction appeared first on CryptoSlate. дальше »

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After Apple App store snub, Uniswap trickling out mobile app rollout via Twitter

Uniswap Labs is encountering hurdles with Apple’s App Store over the release of its mobile wallet, even though its initial version was authorized in October. The post After Apple App store snub, Uniswap trickling out mobile app rollout via Twitter appeared first on CryptoSlate. дальше »

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Coinbase’s Base will likely feature transaction monitoring, AML measures

Coinbase CEO Brian Armstrong said on March 6 that his company’s layer-2 network, Base, will likely feature transaction monitoring and anti-money laundering measures. The post Coinbase’s Base will likely feature transaction monitoring, AML measures appeared first on CryptoSlate. дальше »

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Bitcoin market sentiment shifts as Asia turns from net buyers to net sellers

Definition This metric shows the 30-day change in the regional price set during Asia, US, and EU working hours, i.e., between 8 am and 8 pm. The post Bitcoin market sentiment shifts as Asia turns from net buyers to net sellers appeared first on CryptoSlate. дальше »

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Alameda seeks to ‘maximize recoveries’ in suing Grayscale over devalued BTC trust; alleges ‘exorbitant’ management fees

FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. The post Alameda seeks to ‘maximize recoveries’ in suing Grayscale over devalued BTC trust; alleges ‘exorbitant’ management fees appeared first on CryptoSlate. дальше »

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White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre

On March 6, White House Press Secretary Karine Jean-Pierre was pressed on whether the President was monitoring the evolving situation around the stressed crypto-friendly bank Silvergate. The post White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre appeared first on CryptoSlate. дальше »

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Binance accumulates 3.8B USDC in three weeks

Glassnode data analyzed by CryptoSlate revealed that Binance accumulated 3.8 billion USD Coin (USDC) during the past three weeks. The post Binance accumulates 3.8B USDC in three weeks appeared first on CryptoSlate. дальше »

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Crypto investment products saw $17M outflows last week

Digital asset investment products saw minor outflows totaling $17 million from February 27 to March 3, which marks the fourth consecutive week of outflows, according to CoinShares data. The post Crypto investment products saw $17M outflows last week appeared first on CryptoSlate. дальше »

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TeraWulf’s nuclear-powered Bitcoin mining facility goes online

TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. The post TeraWulf’s nuclear-powered Bitcoin mining facility goes online appeared first on CryptoSlate. дальше »

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Voyager token rises 11% following firm counter of SEC claim that VGX is a security

Voyager’s native token VGX rose 11.51% in the last 24 hours to as high as $0.42299, according to CryptoSlate’s data. The post Voyager token rises 11% following firm counter of SEC claim that VGX is a security appeared first on CryptoSlate. дальше »

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Silvergate to return $9.85M deposit to BlockFi

Silvergate Bank has been ordered to return $9. 85 million to BlockFi as part of the latter firm’s ongoing bankruptcy proceedings, according to a March 3 filing. The post Silvergate to return $9. дальше »

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Tether denies WSJ allegations of falsified bank documents

Tether has denied reports on March 3 suggesting that it was involved in external attempts to obtain bank accounts through falsified documents. The post Tether denies WSJ allegations of falsified bank documents appeared first on CryptoSlate. дальше »

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Regime change as Bitcoin returns to self-custody

Quick Take The FTX collapse demonstrated the need to self custody your crypto, a trend that CryptoSlate has monitored for quite some time. The post Regime change as Bitcoin returns to self-custody appeared first on CryptoSlate. дальше »

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Warner Bros backs Ethereum ecosystem as it migrates Blocklete Golf to ImmutableX

Immutable continues its partnership with Warner Bros with the launch of the web3 mobile game Blocklete Golf from Discovery Sports on Immutable X. The post Warner Bros backs Ethereum ecosystem as it migrates Blocklete Golf to ImmutableX appeared first on CryptoSlate. дальше »

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Binance launches anti-scam campaign in collaboration with law enforcement agencies

Binance is launching a joint anti-scam campaign with law enforcement agencies around the world to combat and prevent financial scams in the crypto world. The post Binance launches anti-scam campaign in collaboration with law enforcement agencies appeared first on CryptoSlate. дальше »

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NFT trading volume returns to pre-LUNA crash levels in February

Non-fungible token (NFT) market’s trading volume increased to $2 billion in February, reaching its pre-LUNA crash levels, according to DappRadar’s Industry Report. The post NFT trading volume returns to pre-LUNA crash levels in February appeared first on CryptoSlate. дальше »

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Coinbase acquires One River Digital Asset Management

Crypto exchange Coinbase announced the acquisition of One River Digital Asset Management (ORDAM) on March 3. The post Coinbase acquires One River Digital Asset Management appeared first on CryptoSlate. дальше »

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Bitcoin mining companies defy market trend with positive gains

Quick Take Following the news of Silvergate Capital and the liquidations that occurred on March 2 through to March 3, Bitcoin is down 4.5%; however, Bitcoin mining stocks are bucking the trend. The post Bitcoin mining companies defy market trend with positive gains appeared first on CryptoSlate. дальше »

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