Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash

Circle acknowledged the concerns regarding Silvergate and said it is currently in the process of discontinuing specific services with them while simultaneously informing customers. The post Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash appeared first on CryptoSlate. дальше »

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Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule

Speaking before the Investor Advisory Committee, SEC Chair Gary Gensler said current custody rules do not adequately safeguard users’ crypto assets. The post Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule appeared first on CryptoSlate. дальше »

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Aaron Sage deems BLUR ‘the worst thing to happen’ in NFT space; others disagree

Aaron Sage said, “Blur is the worst thing to happen in this space,” in a recent tweet. The post Aaron Sage deems BLUR ‘the worst thing to happen’ in NFT space; others disagree appeared first on CryptoSlate. дальше »

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Analyst says 70% of bitcoin positions are profitable

YouTube crypto analyst and stock-to-flow model creator PlanB said 70% of all bitcoin (BTC) is profitable. дальше »

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Banks’ direct exposure to crypto less than 1% of total – BIS report

Global banks’ exposure to crypto-assets remains minuscule and mostly declined during 2022, the Bank for International Settlements (BIS) said in its latest BASEL III Monitoring report. The post Banks’ direct exposure to crypto less than 1% of total – BIS report appeared first on CryptoSlate. дальше »

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Crypto Scammer Monkey Drainer Announces Shut Down Of Criminal Operations

Hacking is no longer new in the crypto space. The industry has seen many incidents since its inception and even recorded more during the 2022 crypto winter, especially in the DeFi Sector. Yahoo Finance said the crypto sector lost almost $50 billion last year. дальше »

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First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin

ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said that the city's evolving approach to digital asset licensing could shift attitudes in mainland China. дальше »

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Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects

The company said the funds will be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network. дальше »

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DBS Digital Exchange CEO says investors prefer regulated platforms over yield

Singaporean DBS Bank’s Digital Exchange (DDEx) CEO Lionel Lim said that investors look for regulated platforms instead of searching for the options that provide the best yield, according to Forkast News. дальше »

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Investigator claims Bitbns said $7.5m hack was system maintenance

Twitter crypto sleuth ZachXBT has alleged that Indian crypto exchange Bitbns suffered a $7.5 million hack last month but covered it up by performing “system maintenance.” дальше »

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Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns

Coinbase CEO Brian Armstrong said the exchange decided to suspend trading of Binance USD (BUSD) because the company had concerns about its liquidity. дальше »

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Justin Sun calls for unified crypto regulation

Tron DAO (TRX) founder and Huobi Global adviser Justin Sun said regulations are beneficial for the crypto industry. The post Justin Sun calls for unified crypto regulation appeared first on CryptoSlate. дальше »

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Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities

“A win for Puerto Rico,” said a blockchain trade association executive. дальше »

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VIDEO: GameFi – where did it all go wrong, and what does the future hold?

They said that blockchain and gaming were a match made in heaven. The only problem is that match got very, very ugly over the past year or so. The decline of the play-to-earn model and wipeout of capital from the crypto space at large has hit GameFi particularly hard. дальше »

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SushiSwap Burns $5 Million Per Year, But Will It Rebrand In 2023?

SushiSwap, a popular multichain decentralized exchange (DEX), burns approximately $5 million annually, its chief chef, Jared Grey, revealed on February 28. SushiSwap Holds $30. 6 Million Worth Of Digital Assets In a tweet, Grey said the protocol holds $30. дальше »

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Ripple Exec Believes CBDCs are ‘Strongest Cases for Utility’

Brooks Entwistle, Managing Director for APAC and MENA at Ripple, said in a recent interview that CBDCs "are one of the most important and certainly strongest cases for utility going around." The post Ripple Exec Believes CBDCs are ‘Strongest Cases for Utility’ appeared first on BeInCrypto. дальше »

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Bernstein Sees 'Cautious' Ether Price Until Shanghai Upgrade

Price action will be “cautious” into the upgrade as the market is worried about a potential supply overhang, the report said. дальше »

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Mt. Gox Bankruptcy Repayments Unlikely to Destabilize Bitcoin: UBS

Early adopters are likely to have remained crypto believers, so will choose to be paid in bitcoin and keep it, the report said. дальше »

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Platypus Finance creates compensation portal for users following $9.1M exploit

The team said that if users find calculation errors, they must submit a form and related evidence before March 3.

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Solana Will Improve Network Upgrades to Improve Stability

A Solana cofounder said last week's 1.14 network update has raised concerns about maintaining stability during major updates. дальше »

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Goldman Sachs still open to crypto hires amid massive 3,200 staff cut

Goldman Sachs digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.

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Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US

Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets. дальше »

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Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance US

Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets. дальше »

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Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations. дальше »

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XRP Lawsuit: Ripple’s Lawyer On Why SEC’s Gensler Must Recuse Himself From Voting On Enforcement Cases

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Visa’s head of crypto disputes report of company pausing crypto push

Visa’s head of crypto Cuy Sheffield described Reuters’ report that the payment giant was pausing its crypto endeavors as “inaccurate. ” In a February 28 Twitter thread, Sheffield said the company has continued to partner with crypto companies to build new products. дальше »

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Visa's Crypto Strategy Remains Intact Despite Crypto Winter

U.S. payments giant Visa remains committed to investing in the crypto sector and supporting the technology despite recent failures in the industry, the company said Tuesday. дальше »

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Tech Startup MultiversX Starts Web3 'Super App' With Finance, Social Features

The metaverse-focused blockchain startup said its xPortal app will offer connection to Web3 apps and virtual worlds. дальше »

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Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS

Banks across the globe lowered their exposure to certain crypto by 43.6% in a year, a report by the Basel Committee on Banking Supervision (BCBS) said on Tuesday. дальше »

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AI Wars: Elon Musk Is Said To Be Forming A Team To Fight ChatGPT

Elon Musk is using his power to prevent this chatbot from dominating the artificial intelligence business. Musk has reportedly sought artificial intelligence professionals in recent weeks about constructing a new research facility to develop an alternative to ChatGPT, the high-profile chatbot developed by the startup OpenAI, according to The Information and sources with direct knowledge […] дальше »

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Bitcoin at Risk of Deeper Pullback Toward $20K: Chart Analysts

"We shift to a bearish short-term bias," one analyst said, noting bitcoin's recent technical failure at key resistance. дальше »

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2023 Will Be The Year of Crypto Token Price Divergence: Bank of America

The bank views tokens that power smart contract-enabled blockchain platforms as growth assets exposed to similar risks as growth stocks, the report said. дальше »

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2023 Will Be Year of Crypto Token Price Divergence: Bank of America

The bank views tokens that power smart contract-enabled blockchain platforms as growth assets exposed to similar risks as growth stocks, the report said. дальше »

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Yuga Labs To Mint 300 NFTs On Bitcoin, Will It Be A Gamechanger?

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) collection, will mint Ordinals inscriptions, similar to non-fungible tokens (NFTs), on the Bitcoin network. Yuga Labs To Mint TwelveFold NFTs On Bitcoin In an announcement on February 27, Yuga Labs said they will mint 300 limited edition generative pieces and inscribe them on Bitcoin’s satoshis. дальше »

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MyAlgo users urged to withdraw, as cause of $9.2M hack remains unknown

The Algorand wallet provider said it still hasn’t determined the cause of exploit that’s drained millions in ALGO, urging users to withdraw funds from wallets created with a seed phrase. дальше »

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Solana CEO hoses down claims network outages caused by on-chain voting

Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana’s network outages were caused by on-chain voting were born out of “pure ignorance.” дальше »

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Robinhood subpoenaed by SEC over crypto listings and custody

The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations. дальше »

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Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement

Coinbase said last week that it is launching BASE, another layer two network built using Optimism technology. дальше »

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Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge

Market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less user-friendly experience than centralized ones. дальше »

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Japan follows up on metaverse investment plans 

Ten Japanese companies have come together to create a metaverse economic zone five months after Prime Minister Fumio Kishida said Japan would expand investments in Metaverse and non-fungible tokens (NFTs). дальше »

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Coinbase to Suspend Binance USD Stablecoin, Saying It Doesn’t Meet Listing Standards

Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange said in a tweet Monday. дальше »

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STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts

I suspect traders are betting that there isn't a follow-up to Bitcoin NFTs and this is more of a flash in the pan, one analyst said. дальше »

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Cryptocurrencies Resilient Despite Weak Stocks, More Regulatory Action: Citi

Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, the report said. дальше »

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Polygon: Limitations to blockchain scalability emerge as zkRollups go on floor

Jordi Baylina, a Polygon core developer, has responded to the co-founder of Solana who said that provers have not been able to keep up with the chain developments. Polygon [MATIC] will launch iThe post Polygon: Limitations to blockchain scalability emerge as zkRollups go on floor appeared first on AMBCrypto. дальше »

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IMF prefers to regulate crypto than banning it outright: Report

On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban. дальше »

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Lido Finance activates Staking Rate Limit as deposits surge above 150,000 ETH

Rather than pausing ETH deposits, Lido Finance, one of the most popular DeFi liquidity staking protocols, has activated the Staking Rate Limit, the dApp, through a tweet on Feb. 25 said. дальше »

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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing legal action against the SEC. дальше »

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Crypto Community Criticizes Oasis Network – Jump Crypto ‘Counter Exploit’

Oasis Network said it helped Jump Crypto recover some of the stolen funds in the $300 million Wormhole exploit of February 2022. The post Crypto Community Criticizes Oasis Network – Jump Crypto ‘Counter Exploit’ appeared first on BeInCrypto. дальше »

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Bitcoin Futures on CME Outpace Those on Binance to Trade at Widest Premium Since November 2021

The CME now accounts for a majority of activity in the standard futures market tied to bitcoin, one observer said, while explaining a relatively higher premium in futures listed on the Chicago-based exchange. дальше »

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Coinbase’s ‘Base’ rekindles suspicions over Ethereum’s network neutrality

Coinbase’s Base is a crucial aspect of World Economic Forum (WEF) plans to bring about Central Bank Digital Currency (CBDC) tech, said the host of the Proof of Decentralization Podcast, Chris Blec. дальше »

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