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Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January
3.3.2023
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE)...
Chainlink Price Feeds Go Live on Base, Coinbase’s Layer 2 Testnet
3.3.2023
Base also joins the data provider's Scale program, allowing developers to construct smart contracts that can react to external information at a subsidized cost
Square Enix CEO Who Constantly Pushed NFT Games To Be Replaced
3.3.2023
Square Enix is getting a new boss. Yosuke Matsuda has served as the Final Fantasy publisher’s CEO for 10 years, and spent the last couple of those hyping up NFTs and other blockchain scams. He’s now set to be replaced by a relative newcomer, pending shareholder approval in June.Read more
Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast
3.3.2023
The company behind the top decentralized exchange said Apple is standing in the way of the offering
Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge & Al Maskari Holding
3.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back...
Russia Unveils Mutual Fund for Financing Crypto Mining Operations
3.3.2023
A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.
The new mutual investment fund will be available to qualified investors who can invest a minimum of 300,000 rubles (approx. $4,000), and the money will be used to acquire crypto mining equipment...
Binance Faces Scrutiny as Senators Request Information on Business Operations – Crypto Clampdown Incoming?
3.3.2023
Three US senators have asked Binance and its US partner Binance.US to provide detailed information regarding their business operations amid accusations of illegal practices.
In a letter dated Wednesday, Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Roger Marshall (R-Kansas)...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...
SEC Chair Gensler Casts Doubt on Crypto Exchanges' Ability to Meet "Qualified Custodian" Standards – Here's Why
3.3.2023
Crypto exchanges likely do not meet the requirements expected of a qualified custodian, Securities and Exchange Commission (SEC) chair Gary Gensler has said.
Gensler said the fact that exchanges cannot be considered custodians in the legal sense has become clearer as more information has emerged...
Bankrupt Crypto Lender Celsius Re-Opens Withdrawals for Certain Custody Accounts
3.3.2023
Celsius paused withdrawals last June, citing extreme market conditions
Crypto Scammers Preying on Elderly Japanese Singletons – Report
3.3.2023
Crypto scammers are targeting elderly Japanese singles on social media and dating apps. But middle-aged Japanese lonely hearts are also finding themselves in fraudsters’ cross-hairs. And some scammers appear to be targeting yet-younger individuals.
In a column for Nikkan Gendai, the financial...
Coinbase Acquires One River Digital Asset Management
3.3.2023
One River Digital, a subsidiary of One River Asset Management, will become Coinbase Asset Management
First Mover Americas: Crypto Markets Sinking on Silvergate
3.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
3.3.2023
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600...
Crypto Exchange Bitzlato Restores Access to User Funds
3.3.2023
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....
Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank
3.3.2023
A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank
Regulator Warnings Prompt HSBC and Nationwide Banks to Limit Crypto Transactions
3.3.2023
HSBC Holdings Plc and Nationwide Building Society imposed limits on retail customers' access to cryptoassets in another episode of UK banks reacting to the recent crypto industry legal and regulatory issues.
HSBC said that, in February, it restricted customers from buying crypto with its credit...
Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect
3.3.2023
The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector.
Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...
Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season
3.3.2023
The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially...
MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank – What's Going On?
3.3.2023
MicroStrategy has denied any meaningful exposure to Silvergate as crypto firms who banked with the crypto bank are rushing for the exits amid concerns about its financial condition.
In a Thursday tweet, business intelligence firm MicroStrategy said their Bitcoin holdings, which consists of over...