Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
23.3.2023
Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms."
CFTC’s tech committee gathered in DC to talk DeFi, here’s what was discussed
23.3.2023
DeFi was top of the agenda at the CFTC’s tech committee meeting, with crypto execs giving explanations and discussing the space with the regulator
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...
Treasure Spins: Come on Board & Enjoy Slots Seas in 2023
23.3.2023
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US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...
ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset
23.3.2023
A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges,...
'How did this happen' — Powell says Fed stumped over the collapse of SVB
23.3.2023
In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.”
Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
23.3.2023
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin...
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
23.3.2023
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle
First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
23.3.2023
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa
Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone
23.3.2023
Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely...
FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital
23.3.2023
Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash