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FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday. дальше »
2023-5-4 00:48 | |
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Former OpenSea executive Nate Chastain convicted in insider trading case
Former OpenSea former product manager Nate Chastain has been convicted of fraud and money laundering, Reuters said on May 3. Chastain purchased non-fungible tokens (NFT) that he chose to feature on the OpenSea marketplace and sold those assets a short time later. дальше »
2023-5-4 00:38 | |
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Luno Executive Jumps Ship After Heavy Layoffs
Luno has said goodbye to another one of its leading lights, a SIngapore-based executive who joined in Luno's early days. It is only the latest in a series of departures from the exchange. The post Luno Executive Jumps Ship After Heavy Layoffs appeared first on BeInCrypto. дальше »
2023-5-4 00:14 | |
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Fed raises rates by 25bps; Bitcoin remains essentially flat
Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate. дальше »
2023-5-4 21:08 | |
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Hoskinson: ‘I’d rather be a crypto guy than a banker right now’
Input Output (IO) CEO Charles Hoskinson said he would “rather be a crypto guy than a banker right now.” During an appearance on Fox Business, Hoskinson shared his thoughts on the current banking crisis and its impact on the cryptocurrency world — telling host Maria Bartiromo that crypto is “holding steady and stable” despite last […] The post Hoskinson: ‘I’d rather be a crypto guy than a banker right now’ appeared first on CryptoSlate. дальше »
2023-5-3 12:50 | |
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US lawmaker says CBDCs are tools for coercion and control
U. S. lawmaker Warren Davidson described Central Bank Digital Currencies (CBDCs) as a tool for coercion and control. In a May 2 Twitter thread, Davidson said CBDCs were the antithesis of sound money, warning people to beware of any protocol working with central banks to build digital currencies. дальше »
2023-5-3 12:00 | |
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Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does Not Signal End of Tightening
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said. дальше »
2023-5-3 11:15 | |
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Canadian province New Brunswick has denied energy to crypto miners for months
New Brunswick’s main power company began to deny energy applications from crypto miners and other large-scale users in 2022, the CBC said on May 1. The cabinet order that endorsed the moratorium included concerns from the province’s main power company. дальше »
2023-5-3 00:48 | |
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Litecoin creator Charlie Lee shares huge prediction for LTC price
Litecoin creator Charlie is bullish on the LTC price. In a Twitter thread on Tuesday, Lee said he sees the cryptocurrency as having lots of potential. He noted that Litecoin was fairly launched and has had over 11 years of zero downtime. дальше »
2023-5-3 00:30 | |
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Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis
Crypto entrepreneur Balaji Srinivasan discussed on May 2 the ongoing banking crisis and announced that he had committed funds to his $1 million Bitcoin bet. Balaji says US government is printing trillions In a video posted to Twitter, Srinivasan said: “I just burned a million to tell you they’re printing trillions … I wanted to […] The post Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis appeared first on CryptoSlate. дальше »
2023-5-3 23:31 | |
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Ripple lawyer claims SEC is ‘exploiting legal uncertainty’ to redefine securities laws
CryptoLaw founder and Ripple lawyer John Deaton said the SEC is “exploiting the legal uncertainty about crypto” to redefine what should be considered a security under the Howey test. Deaton believes that the regulator’s litigation against crypto companies “pushes the boundaries” of what constitutes an investment contract and a common enterprise in the U. дальше »
2023-5-3 20:13 | |
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Gemini launches derivative platform in 30 countries
Gemini has launched a non-U. S. derivatives platform — Gemini Foundation — in 30 countries, according to a May 2 statement. The exchange said the new platform would start trading with Bitcoin (BTC) perpetual contracts denominated in Gemini dollars (GUSD) with up to 100 times leverage. дальше »
2023-5-3 18:26 | |
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British MP Lisa Cameron is ‘not invested personally’ in crypto but advocates for regulation
“I’m an advocate for getting regulation in place that makes the most of the potential of the sector whilst protecting consumers,” said the member of Pariliament. дальше »
2023-5-2 17:11 | |
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Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability
The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said. дальше »
2023-5-3 16:00 | |
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UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users. дальше »
2023-5-3 13:47 | |
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Crypto.com CEO teases return of generous card benefits as market conditions improve
During a recent Ask Me Anything (AMA) on the topic of the Crypto. com card, CEO Kris Marszalek said, “You can count on us to juice the benefits or add new benefits as the market recovers. ” Crypto. дальше »
2023-5-2 12:50 | |
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Bitfarms Bitcoin production declined 10% in April despite hashrate growth
Bitcoin (BTC) mining firm Bitfarms said its production decreased 10. 6% to 379 BTC in April despite its corporate hashrate growing by 4% to 5. 0 EH/s. Of the mined BTC, the miner sold 349 units of the assets to generate $10. дальше »
2023-5-1 17:55 | |
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JP Morgan and First Republic Bank deal: a step towards financial monopoly?
Quick Take According to the Kobessi letter, JP Morgan said its acquisition of First Republic would generate a one-time gain of $2. 6 billion. Not only that, JP Morgan also expects over $500 million in profit per year from the acquisition. дальше »
2023-5-1 16:55 | |
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Nigeria SEC will support asset-backed tokens: Bloomberg
The Nigeria Securities and Exchange Commission (SEC) will allow tokenizing assets like equities, property, and debt. According to a Bloomberg May 1 report, the Nigerian SEC’s head of securities and investment services, Abdulkadir Abbas, said the financial regulator is processing applications for digital exchanges and firms. дальше »
2023-5-1 16:45 | |
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Binance to take action against Justin Sun if he farms SUI token
Binance CEO Changpeng ‘CZ’ Zhao said the exchange would prevent crypto entrepreneur Justin Sun from farming Sui tokens with his $56.1 million True USD (TUSD) deposit. On May 1, Whale Alert reported that Sun had made the deposit mentioned above to Binance, prompting speculations that he was trying to farm the SUI token through the […] The post Binance to take action against Justin Sun if he farms SUI token appeared first on CryptoSlate. дальше »
2023-5-1 14:24 | |
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JPMorgan to takeover First Republic bank
Investment banking giant JPMorgan Chase will assume over $330 billion worth of deposits and assets of struggling First Republic Bank. According to a May 1 statement, the Federal Deposit Insurance Corporation (FDIC) said it was appointed as the receiver of the First Republic Bank after it was closed by California’s Department of Financial Protection and […] The post JPMorgan to takeover First Republic bank appeared first on CryptoSlate. дальше »
2023-5-1 13:18 | |
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U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-5-1 01:32 | |
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U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-4-29 01:32 | |
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PayPal subsidiary Venmo to introduce cryptocurrency transfers
Venmo users will soon be able to transfer cryptocurrency, the payment app’s parent company PayPal said on April 28. That announcement revealed that users will be able to transfer funds to Venmo and PayPal accounts as well as third-party wallets and exchanges beginning in May. дальше »
2023-4-29 01:23 | |
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Genesis to enter mediation with creditors to continue restructuring plan
Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors. дальше »
2023-4-29 00:25 | |
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SEC fines Up Global, Coinme $3.9M; issues C&D
The U. S. Securities and Exchange Commission (SEC) imposed cease-and-desist orders and fines upon three parties involved in UpToken on April 28. SEC names parties involved in UpToken ICO The SEC said that Up Global and Coinme — as well as Neil Bergquist, founder and CEO of both companies — were involved in a cryptocurrency securities […] The post SEC fines Up Global, Coinme $3. дальше »
2023-4-29 23:58 | |
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Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The federal banking regulator said Signature’s exposure to crypto industry deposits was also a contributing factor to its failure. дальше »
2023-4-29 20:00 | |
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Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal
Kevin O'Leary said in a recent interview that institutional investment in crypto is dead as Bitcoin is stuck between $17,000 and $35,000. The post Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal appeared first on BeInCrypto. дальше »
2023-4-29 19:32 | |
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Investment Bank H.C. Wainwright Believes Crypto Winter Is Over, Rates Coinbase Stock as ‘Buy’
Coinspeaker Investment Bank H. C. Wainwright Believes Crypto Winter Is Over, Rates Coinbase Stock as ‘Buy’ Analysts at H. C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks. дальше »
2023-4-29 16:05 | |
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