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US Legislators Call for Greater Transparency on Crypto Mining Emissions – Regulation Incoming?
4.3.2023
US lawmakers have expressed intentions to reintroduce a bill that would require crypto mining companies to disclose emissions data for operations that use more than five megawatts of electrical power.
On Friday, United States Senator Edward Markey and Representative Jared...
Persisting Gaps, HODLing Coins, Green-Lighting Deals and 20 Crypto Jokes
4.3.2023
Read More: Persisting Gaps, HODLing Coins, Green-Lighting Deals and 20 Crypto Jokes
Crypto Bank Silvergate Forced to Return $9.85M Deposit to BlockFi in Ongoing Bankruptcy Dispute
4.3.2023
Crypto-friendly bank Silvergate has been forced to return $9.85 million to BlockFi as part of the crypto lender’s ongoing bankruptcy proceedings.
According to documents made available on the website of BlockFi’s restructuring advisor, the bankruptcy court overseeing BlockFi's restructuring process...
Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’
4.3.2023
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC)...
Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin
4.3.2023
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers...
India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official
4.3.2023
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed that the digital rupee must possess all the attributes of physical currency, including anonymity....
Coinbase Acquires One River Digital to Expand Institutional Access to Crypto Assets
4.3.2023
Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC). This acquisition allows Coinbase “to expand institutional access to digital...
Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
4.3.2023
Silvergate Bank announced Friday it was suspending its "Silvergate Exchange Network" (SEN) "effective immediately."
The Rise and Fall of Silvergate’s Crypto Business
3.3.2023
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions
Senators renew call for EPA investigation of crypto mining emissions data
3.3.2023
Sen. Edward Markey and Rep. Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Best Crypto to Buy Today 3 March – FGHT, CSPR, METRO, EOS, CCHG, TARO
3.3.2023
The crypto market continues to struggle today, with Bitcoin and Ethereum dropping by 3.6% and 3.23%, respectively, despite a rebound in other risk assets like stocks.
The decline is at least partly linked to the uncertain future of Silvergate Capital Corporation, whose share price plummeted...
Total crypto market cap takes a hit amid Silvergate Bank crisis
3.3.2023
The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
3.3.2023
U.S. Senator Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill that would have crypto miners disclose their emissions and see the Environmental Protection Agency analyze the effect mining has
Crypto Biz: Did crypto winter scare off Visa and Mastercard?
3.3.2023
Visa's head of crypto has pushed back against the notion that the credit card giant is getting cold feet because of the bear market
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
How do the Fed’s interest rates impact the crypto market?
3.3.2023
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Federal Reserve’s interest rates impact the crypto market
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