Jump Trading Allegedly Supported Terra Before It Collapsed, New SEC Filings Show
16.5.2023
A US regulator’s court filings confirm that Jump Trading secretly supported Terraform Labs — the company behind the failed algorithmic stablecoin — about a year before the company collapsed.
The Securities and Exchange Commission filed a document last week showing a contract between Terraform...
Ledger Bats Back Criticism of New Wallet Recovery Service
16.5.2023
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier
Bankrupt Celsius Network Channels $75 Million of Ether to Figment Staking Service – What's Going On?
16.5.2023
The bankrupt crypto lender Celsius Network has staked close to $75 million worth of ETH via the staking service Figment, on-chain data has revealed.
The massive transfer from Celsius to Figment was made via fourteen separate transactions made between May 10 and 12, and totaled some 40,928 ETH...
This Key On-chain Indicator Will Soon Join the List of Those Signalling a Bitcoin (BTC) Bull Market is Here
16.5.2023
An indicator that has reliably triggered ahead of the last three major Bitcoin bulls markets looks like it is about to turn green.
Bitcoin’s Realized Price – the average price at the time at which each coin last moved – looks like it will soon cross above the Realized Price of Long-term Holders...
Crypto community reacts to Ledger wallet's secret recovery phrase service
16.5.2023
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea
PancakeSwap faces token unlock woes DigiToads presale experiences unexpected success
16.5.2023
It is common to have new projects introduced into the cryptocurrency market daily. While most of these coins fail and fall off the market, others deliver their promises and rise to the top in no time. DigiToads is one of the few coins that start in the right direction and continue to deliver on...
Crypto Influencer Loomdart Pitches FTX 2.0 as the Path Forward for FTX Creditors
16.5.2023
Crypto veteran Loomdart is supporting an FTX reboot as a way to make creditors whole and increase trust in the industry.
Loomdart, who is also the co-founder of eGirl Capital, said an FTX relaunch could be successful if all users and creditors get a chunk of the platform. ...
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US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall
16.5.2023
Sen. Cynthia Lummis said she found it disappointing that a former crypto-friendly Signature Bank executive is not taking the blame for the failed bank, while criticizing his wordiness about crypto.
The Wyoming Republican, who has advocated for crypto, questioned Signature Bank’s former Chairman...
Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum
16.5.2023
On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which...
Demand for ETH Staking Soars Despite Nearly Month-Long Waiting Period
16.5.2023
Since the implementation of the Shanghai upgrade to the Ethereum mainnet just over one month ago, which allowed Ethereum validators to withdraw all or some of their staked Ether (ETH) tokens from the staking smart contract for the first time, demand for ETH staking has soared.
According...
Updated European tax directive requires reporting on all crypto asset transfers
16.5.2023
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules
Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’
16.5.2023
The Bedrock hard fork, proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”