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Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
24.2.2023
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....
Block's Q4 Bitcoin revenue down 7% on crypto price decline
24.2.2023
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines
Coinbase's New Layer 2 Blockchain, Base, Has Rocky Rollout
24.2.2023
The much-anticipated protocol struggled to process user transactions, then became the target of some Twitter shade for changing some terms of a contribution pledge on the fly
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
24.2.2023
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important
Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
24.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The...
US Federal Reserve denies Custodia Bank's request for Fed supervision
24.2.2023
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
23.2.2023
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme
23.2.2023
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage....
Montana Senate Passes Bill Protecting Crypto Miners
23.2.2023
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments
IMF exec board endorses crypto policy framework, including no crypto as legal tender
23.2.2023
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador
Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking
23.2.2023
Juthica Chou says there is still strong trading interest, despite the SEC’s crackdown on the exchange’s staking-as-a-service platform
FTC Launches Investigation into Voyager's Alleged Deceptive Crypto Marketing Tactics – Here's the Latest
23.2.2023
The Federal Trade Commission (FTC) has announced that it is investigating the bankrupt crypto lender Voyager Digital for “deceptive and unfair marketing of cryptocurrency to the public.”
The announcement of the investigation came in a filing with the US Bankruptcy Court for the Southern District...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...
Is It Too Late to Buy Filecoin? Crypto Experts Give Their FIL Price Predictions
23.2.2023
FIL, the ticker for the Filecoin cryptocurrency that powers Filecoin’s decentralized storage blockchain protocol, has been taking a breather in recent days after enjoying spectacular gains earlier this month. FIL/USD was last changing hands around $7.75, now more than 18% down versus earlier...
Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise
23.2.2023
Speaking on a video call from a high-rise Singapore office building, Folkvang founder Mike van Rossum provided a candid account of the "messy" situation surrounding FTX's collapse and the aftermath
IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender
23.2.2023
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said
Journalist Unravels Wild Tale of Vitalik Buterin's $1 Billion Crypto Donation to Indian Covid Relief Fund
23.2.2023
Back in 2021, amid the best of the bull run and the worst of the Covid-19 Pandemic, Vitalik Buterin made a now legendary donation of $1bn in SHIB to support Covid-19 efforts in India.
Now almost two years later, an investigation by top crypto journalist Isabel Hunter (DL News) has revealed that...
Best Crypto to Buy Today 23 February – FGHT, FLOKI, CCHG, STX, RIA
23.2.2023
Read More: Best Crypto to Buy Today 23 February – FGHT, FLOKI, CCHG, STX, RIA
Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever
23.2.2023
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling...
Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion
23.2.2023
A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.
Christopher Emms, a 31-year-old who has a red notice from Interpol for consulting North Korea on cryptocurrencies, has been...