Gemini Says Genesis Parent DCG Missed $630 Million Payment

Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. дальше »

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MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users

ConsenSys, owner of the Ethereum wallet MetaMask, said on May 21 that it does not collect taxes from cryptocurrency users. Sale taxes do not apply to MetaMask users ConsenSys said on Twitter: “Let’s clarify one thing upfront: MetaMask does NOT collect taxes on crypto transactions and we have not made any changes to our terms […] The post MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users appeared first on CryptoSlate. дальше »

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Biden won’t accept debt deal protecting crypto traders

United States President Joe Biden has expressed opposition to a debt ceiling deal that he says would benefit “wealthy tax cheats and crypto traders” while putting food assistance programs at risk. дальше »

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Biden says he won’t agree to debt deal that protects crypto traders

US President Joe Biden has called on the Republican lawmakers to drop the extreme position they currently hold in order to help the country reach a deal in the ongoing debt ceiling talks. He also had something to say about cryptocurrency. дальше »

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Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case

SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two of its executives for selling alleged unregistered securities in the form of XRP. дальше »

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Bitcoin price prediction ahead of key week for the markets

The next week will be critical for BTC, crypto analyst Michael van de Poppe says. Bitcoin price could see a new uptrend if BTC can break out after a successful retest of the 200-day moving average. дальше »

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Apple and Google Pose Threats to Crypto Industry, Ex-Coinbase CTO Says

Coinbase former CTO Balaji Srinivasan warned about the systemic risk Google and Apple pose to the crypto industry. The post Apple and Google Pose Threats to Crypto Industry, Ex-Coinbase CTO Says appeared first on BeInCrypto. дальше »

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Ledger co-founder addresses ‘Recover’ concerns, says wallet is secure

Ledger co-founder clarifies concerns over 'Recover' update as seed backup feature security remains a concern. GridPlus announces open-source firmware amid controversy. дальше »

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Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel. дальше »

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Max Keiser Says XRP And All Cryptocurrencies Are Securities, Except For Bitcoin — Here’s Why

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Scaramucci says market’s ‘overshot to the downside’ after FTX collapse is causing BTC to trade at huge discount

SkyBridge founder Anthony Scaramucci said during a Bloomberg TV interview that Bitcoin’s actual intrinsic value is around $40,000 and the flagship crypto is currently trading at an almost 50% discount. дальше »

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Why Web3 and the AI-Internet Belong Together

Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk’s Chief Content Officer, Michael Casey. дальше »

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Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

The platform is awaiting an expected approval from the community, says Vega’s co-founder. дальше »

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Anthony Pompliano: Bitcoin may be world’s largest insurance company

Pompliano argues that Bitcoin’s unique properties make it an attractive insurance asset for a variety of reasons. He says Bitcoin provides insurance against a variety of risks, including, currency debasement and sovereign default. дальше »

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Twitter partnership created a ‘symbiosis,’ says eToro US CEO | Bitcoin Miami 2023

Lule Demmissie, CEO of eToro US, says that the new partnership with Twitter creates a symbiosis between social networks and social trading. дальше »

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Anthony Scaramucci says he’s sticking with Bitcoin – here’s why

Anthony Scaramucci, the CEO of SkyBridge Capital, is sticking with Bitcoin even as the cryptocurrency struggles after a recent dip from the key technical level of $30,000. The former White House communications director shared his bullish conviction during an interview with Bloomberg on Thursday. дальше »

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There Will Be No Bitcoin ETF, Says VanEck CEO

There is not much hope, according to CEO of one of biggest ETF providers on market дальше »

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MicroStrategy Executive Chairman Michael Saylor Says Firm Exploring Use Cases for Bitcoin Ordinals

Coinspeaker MicroStrategy Executive Chairman Michael Saylor Says Firm Exploring Use Cases for Bitcoin Ordinals MicroStrategy’s Michael Saylor recently suggested that Bitcoin Ordinals could immensely benefit the crypto ecosystem. дальше »

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'Rich Dad Poor Dad' Author Says 'Buy Bitcoin, Crash Landing Coming'

Prominent financial guru and writer again confirms his support for Bitcoin as he makes another prediction of major crisis coming дальше »

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PSYOP memecoin faces identity crisis amidst questionable token launch

The creator of a memecoin called $PSYOP has accused another individual of imitating his token, while the token itself has been called a scam by an independent media studio. $PSYOP creator says other token is scam Twitter user eth_ben (@ben. дальше »

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CFTC doesn’t have authority to regulate cash crypto markets, chairman says

Commodity Futures Trading Commission (CFTC) chairman Rostin Benham said on May 18 that his agency cannot regulate cash crypto markets. In an interview on Bloomberg’s Odd Lots podcast, Benham said: “[We] don’t have legal authority to police cash crypto markets. дальше »

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Ripple CEO Says Company Now Mainly Hiring Outside U.S.

Ripple CEO Brad Garlinghouse has indicated that the majority of the company's hiring will now take place outside of the U.S., attributing this shift to the unclear and confusing regulations governing cryptocurrencies in the U.S дальше »

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CoinGecko says Apple’s AR/VR announcement pushes metaverse token interest

In a week filled with positive developments, the metaverse market has witnessed a surge in value, with various metaverse tokens experiencing notable gains ranging from a solid 2% to an astounding 28%. дальше »

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Ripple v. SEC Final Decision Ready, Lawyer Says, Large SHIB Holders' Inflows Skyrocket, PEPE Shows Quicker Growth Pattern Than SHIB: Crypto News Digest by U.Today

U.Today's news digest helps you take a closer look at the latest events in the crypto industry дальше »

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Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm

Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners дальше »

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Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys

"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter. дальше »

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G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says

President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting this weekend. дальше »

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US has made crypto rules ‘as confusing as possible,’ Ripple CEO says

Brad Garlinghouse, the CEO of blockchain company Ripple, says that the US has made crypto regulations “as confusing as possible. ” In crypto news this morning, the Ripple exec’s belief is that the confusion arising from regulatory confusion is pushing more crypto companies to leave the US. дальше »

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Binance Australia Halts Australian Dollar Bank Transfers

Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used. дальше »

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First Voyager payouts should begin by June 1, creditors’ committee says

Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee said that bankruptcy courts have approved Voyager’s liquidation procedures and said that the plan will take effect as early as May 19. дальше »

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Is Bitcoin Headed For Another Crash? Here’s What The Data Says

Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been trading in a sideways trend since its drop from the $28,000 level. As of the time of writing, BTC is currently valued at $26,800, having experienced significant declines across all time frames. дальше »

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SEC staff suggest Filecoin (FIL) is a security: Grayscale

Grayscale says it disagrees with SEC’s staff over suggestions that Filecoin (FIL) is a security. The letter from the SEC staff was sent on 16 May 2023, after Grayscale applied to list the Grayscale® Filecoin Trust (FIL) (OTCQB: FILG)  SEC staff also believe the meet the Grayscale® Filecoin Trust “meets the definition of an investment […] The post SEC staff suggest Filecoin (FIL) is a security: Grayscale appeared first on CoinJournal. дальше »

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Citadel Securities says ex-employees launched crypto firm with stolen trade secrets

Citadel Securities alleged that two former employees formed their cryptocurrency firm Portofino Technologies with the company’s proprietary information, Bloomberg News reported May 17. Ex-employees allegedly stole trade secrets The relevant complaint alleges that Leonard Lancia and Alex Casimo formed Portofino Technologies while working at Citadel Securities. дальше »

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Pakistani finance minister says crypto will never be legal because of FATF

Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces.

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China state-owned Greenland to apply for Hong Kong virtual asset trading license

The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says. дальше »

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WazirX says Binance controls its WRX token

India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. In a May 16 statement, the WazirX team clarified the token’s management, saying Binance kept all the proceeds from the IEO — about $2 million — for itself. дальше »

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SHIB Cold Wallet Will Not Be Built on Ledger – Great Choice, SHIB Member Team Says

After the stir caused by the recent Ledger upgrade for their wallets, the Shiba Inu dev team are happy they chose another wallet maker for building their cold wallet дальше »

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‘One of the greatest’ Bitcoin metrics says BTC price bull run is here

Cast aside short-term BTC price weakness to focus on the bigger investment trend, says on-chain analyst Philip Swift.

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New survey says Bitcoin is safer than the US dollar — Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default. дальше »

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Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings. дальше »

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China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies. дальше »

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Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says

100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said дальше »

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Ledger calls itself a “self-custody maxi,” says recovery service is optional

Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore their seed phrase. дальше »

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Bitfarms stock could climb to $2.0: HCW analyst Kevin Dede

HCW analyst says Bitfarms Ltd still has another 40% upside. The bitcoin miner reported strong results for its Q1 this week. Bitfarms stock is already up about 150% for the year at writing. Bitfarms Ltd is already up close to 150% versus the start of the year but an H. дальше »

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DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says

The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency дальше »

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“Prepare”: This Crypto Analyst Says The Next Explosive Bitcoin Rally Is Right Around The Corner

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River CEO says bitcoin interest fueled by institutional investors after $35m capital raise

River Financial, a San Francisco-based bitcoin technology and financial services institution raised $35 million in a new equity funding round. дальше »

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PEPE Unlikely To Be As Big As DOGE & SHIB, Says Santiment

Here’s how the growth in PEPE has so far compared with that of its predecessor meme coins: Shiba Inu (SHIB) and Dogecoin (DOGE). PEPE’s Peak Trading Volume Hasn’t Been Near DOGE Or SHIB’s Yet Pepe Coin, a token based on the popular internet frog meme avatar, suddenly burst into the scene last month. дальше »

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Bitcoin Financial Services Provider River Announces $35 Million Series B Fundraising Round

The company says the funding will be used to expand its suite of Bitcoin services and strengthen its position in the market. дальше »

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Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’

“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.” дальше »

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