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Florida bans ‘centralized digital dollar’ under state law
Florida Governor Ron DeSantis signed a bill that ban any potential iteration of a “centralized digital dollar” in the state. DeSantis announced the signing during a press conference in Fort Myers on May 12 from a podium that read: “Big Brother’s Digital Dollar” ‘CBDCs are wrong’ The governor said during the conference that recent years […] The post Florida bans ‘centralized digital dollar’ under state law appeared first on CryptoSlate. дальше »
2023-5-12 21:28 | |
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Twitter’s new CEO is former NBC advertising exec Linda Yaccarino
Elon Musk has announced Linda Yaccarino as the new chief executive officer of Twitter. In a May 12 tweet, Musk said Yaccarino would focus primarily on the social media platform’s business operations while he focuses on product design and new technology. дальше »
2023-5-12 19:41 | |
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BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors
Coinspeaker BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors A judge has approved repayment for BlockFi custodial wallet holders but said interest-bearing funds still belong to the bankrupt company. дальше »
2023-5-12 13:33 | |
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Ethereum failed to finalize transactions for 25 minutes but avoided full outage
The Ethereum blockchain failed to finalize transactions for slightly less than half an hour, developers said on May 11. The incident lasted for approximately 25 minutes, and Ethereum contributor terence. дальше »
2023-5-12 01:54 | |
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Elon Musk hires Twitter’s next CEO; former Meta COO a potential candidate
Elon Musk said on May 10 that he has selected a new CEO to lead Twitter. Next CEO will start in just weeks Musk wrote in a tweet: “Excited to announce that I’ve hired a new CEO for X/Twitter. дальше »
2023-5-12 00:24 | |
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BlockFi receives permission to return $297M to certain customers
BlockFi received permission to return $297 million to certain customers as part of its bankruptcy proceedings, Reuters said on May 11. Specifically, the company is permitted to return those funds to customers who held funds in BlockFi’s Wallet rather than its interest-bearing accounts. дальше »
2023-5-12 23:47 | |
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'We screwed up' — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe "has been co-opted as a hate symbol" by certain groups. дальше »
2023-5-12 22:30 | |
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BlockFi can refund $300M of customer funds, judge rules
BlockFi customers who held funds in custodial wallets can be refunded nearly $300 million, a bankruptcy judge said on Thursday. The judge’s ruling on the dispute between some customers and BlockFi comes amid bankruptcy proceedings for the troubled crypto lender. дальше »
2023-5-12 21:07 | |
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Marathon Digital Subpoenaed by SEC Over Securities Law Violations
Coinspeaker Marathon Digital Subpoenaed by SEC Over Securities Law Violations Marathon said it is cooperating with the SEC to provide the requested information, highlighting that it was dedicated to abiding by all relevant laws and rules. дальше »
2023-5-11 15:59 | |
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American Democrats turned out to be the Bitcoin “killers”
The head of the cryptocurrency startup Tierion, Wayne Vaughan, said that representatives of the American Democratic Party are trying to “kill” bitcoin and other cryptocurrencies. Vaughan referred to the publication of journalist Eleanor Terrett, in which she reported a data leak. дальше »
2023-5-11 15:53 | |
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Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30%
Coinspeaker Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30% Robinhood CEO Vlad Tenev said the trading app will continue to "deliver strong financial performance" following Q1 2023 report. дальше »
2023-5-11 13:33 | |
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Bittrex to receive 250 BTC loan valued at $7M to start bankruptcy case
A U. S. bankruptcy judge has approved Bittrex’s request for a $7 million loan from its parent company, Reuters said on May 10. Bittrex to gain $7M loan, possibly more Judge Brendan Shannon said during a court hearing that Bittrex will be allowed to borrow 250 BTC, an amount currently worth $7 million. дальше »
2023-5-11 03:59 | |
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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1
Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. дальше »
2023-5-11 02:28 | |
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Circle reserves no longer contain US Treasuries that mature after June
Circle CEO Jeremy Allaire said in a statement to Politico on May 10 that his stablecoin firm no longer holds long-term U. S. Treasuries. Specifically, Circle does not hold Treasuries that mature later than June 2023. дальше »
2023-5-11 01:37 | |
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Robinhood saw $38M in crypto transaction revenue in Q1 2023
Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%. дальше »
2023-5-11 01:11 | |
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Arkham says US government not moving Bitcoin; labeling issues continue
Arkham Intelligence said that it has not observed funds moving from wallets connected to the U. S. government in a series of tweets on May 10. In a now-protected account, Twitter user beetle (@1kbeetlejuice) suggested that “[U. дальше »
2023-5-11 00:12 | |
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Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK
Binance’s Chief Strategy Officer Patrick Hillman criticized the United States’ regulatory landscape during a live event on May 10. Hillman says U. S. is in a “weird place” Hillman said during the Financial Times’ Crypto and Digital Assets Summit that regulations have made it difficult for Binance to work in the U. дальше »
2023-5-11 23:14 | |
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Bloomberg reports that two prominent market makers, Jane Street and Jump, are stepping back from their involvement in crypto trading within the United States.
Jane Street and Jump Trading, two major market makers, are reportedly retreating from crypto trading activities in the United States, according to a report by Bloomberg. The decision is said to be influenced by the increasing regulatory scrutiny faced by the cryptocurrency industry in the country. дальше »
2023-5-10 21:03 | |
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Tether attestation shows $1.5B worth of Bitcoin in reserves
Stablecoin issuer Tether (USDT) said it holds $1. 5 billion worth of Bitcoin (BTC) in its reserves — equating to 2% of its total reserves. The stablecoin issuer further revealed that it held $3. 39 billion in precious metals like gold. дальше »
2023-5-10 19:09 | |
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BNB Chain L2 Boba Network Achieves Record Transaction Volume in April
Coinspeaker BNB Chain L2 Boba Network Achieves Record Transaction Volume in April Boba said its users on BNB Chain are saving around 80% on transaction fees by using its network. BNB Chain L2 Boba Network Achieves Record Transaction Volume in April дальше »
2023-5-10 17:00 | |
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Storing money in banks is a mistake, Michael Saylor says
Michael Saylor, the co-founder and executive chairman of MicroStrategy, has shared his thoughts on the banking sector turmoil. In an interview with Valuetainment, Saylor said it’s a mistake to store money in banks today, noting that the banks “are stealing” from their clients. дальше »
2023-5-11 16:17 | |
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Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading
The blockchain, called Alpha, is said to be built mainly to support decentralized trading. дальше »
2023-5-11 16:00 | |
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Crypto community rallies against VC who described XRP as security
Several crypto community members have criticized venture capitalist Jason Calacanis for saying XRP is a security. In a May 9 tweet, Calacanis said Ripple could have saved itself from the Securities and Exchange Commission’s (SEC) legal tussle if it had registered with the regulator. дальше »
2023-5-10 13:30 | |
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Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said. дальше »
2023-5-10 11:46 | |
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DCG is ‘in discussions’ with capital providers amidst Genesis mediation
Digital Currency Group (DCG) provided an update on the status of its subsidiary, Genesis Capital, in a statement on May 9. DCG said that it remains “engaged with the various stakeholders” who are involved in a mediation process concerning Genesis’ restructuring process. дальше »
2023-5-10 00:49 | |
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Limewire has raised over $16M for its blockchain-focused revival
Limewire said May 9 that it raised more than $16 million for its revived platform through sales of its cryptocurrency token (LMWR). Limewire surpasses $15M goal By raising $16. 5 million, Limewire has surpassed its $15 million funding goal and is more than halfway to its $30 million fundraising limit. дальше »
2023-5-9 22:54 | |
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Binance’s NFT marketplace to support Bitcoin Ordinals
Crypto exchange Binance said its marketplace would enable support for Bitcoin (BTC) Ordinals. In a May 8 statement, Binance said it was enabling support for Bitcoin NFTs to elevate its marketplace to a multi-chain, open marketplace ecosystem, where users can explore and trade a variety of NFTs across multiple blockchains from their accounts. дальше »
2023-5-9 20:43 | |
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Blockchain Association objects to SEC’s proposed custody rule change
The Blockchain Association said May 8 that it objects to a custody rule change proposed by the U. S. Securities and Exchange Commission (SEC). Industry group objects to SEC proposal Marisa Tashman Coppel, Policy Counsel for the Blockchain Association, warned that the SEC’s rule change could “drastically curtail” crypto investment. дальше »
2023-5-9 03:17 | |
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Bittrex files for US bankruptcy; will not halt global operations
Bittrex announced the bankruptcy of its U. S. entity on May 8. The company said that it has decided to file for Chapter 11 bankruptcy in federal court in Delaware. It said that this decision only affects Bittrex Inc. дальше »
2023-5-9 01:17 | |
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Coinbase execs visit UAE to test potential of ‘strategic hub’ for international operations
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai FinTech Summit. дальше »
2023-5-9 18:47 | |
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OKX plans to open an office in Turkey
OKX President Hong Fang said in a press release that the expansion is a big step towards empowering users. The exchange expects the new office in place over coming months. OKX was founded in 2017 and offers spot, margin and derivatives trading for its customers across the world. дальше »
2023-5-8 18:33 | |
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Coinbase is considering UAE for its international hub
US-based crypto exchange Coinbase is considering using the United Arab Emirates as the hub for its international service in the Middle East and other nearby regions. In a May 8 tweet, Coinbase’s VP of International & Business Development, Nana Murugesan, said the country has the potential to be a strategic hub for the exchange. дальше »
2023-5-8 16:45 | |
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Binance says Bitcoin ‘outflows’ are internal wallet movements
Crypto exchange Binance has clarified that the large volume of Bitcoin (BTC) outflows most data aggregators reported was false. According to a May 8 tweet, the exchange said the reported “outflows” were internal movements between its hot and cold wallets due to its address adjustments. дальше »
2023-5-8 11:10 | |
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