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Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live

14.2.2023
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the details of the SEC’s ban on crypto staking and whether stablecoins are securities

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report

14.2.2023
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500....

Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya

14.2.2023
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm...

SEC to target crypto firms operating as 'qualified custodians' — Report

14.2.2023
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC

Bitcoin Falls Out of Favor After Losing Grip on $22K, Fund Flows Report Shows

14.2.2023
After dominating crypto inflows for most of the year so far, Bitcoin fell out of favor in the eyes of investors last week. That’s according to the latest weekly Digital Asset Fund Flows report produced by crypto analytics firm CoinShares, which tracks investment flows into and out of digital asset...

Circle blew the whistle on Binance reserves to NYDFS: Report

13.2.2023
The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin

Xbox Confirms That Game Pass Leads To ‘Decline’ In Sales

13.2.2023
As Microsoft continues its year-long journey to consume Activision Blizzard King, we keep learning more and more about the inner workings of the various corporations involved. And today, via the UK Competition and Markets Authority’s provisional report on the deal, we learned that when games...

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

13.2.2023
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses

Led by Bitcoin, blockchain industry starts 2023 off strong: Report

13.2.2023
With a Bitcoin rally to begin the year, the crypto space is looking up. However, not every sector has reversed its downward trajectory

Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500

13.2.2023
Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the stablecoin, and comes ahead of the upcoming U.S. inflation report, which is also adding to today’s volatility. Bitcoin edged lower on Feb. 13, as prices...

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...

Breaking: Paxos reportedly ordered to stop issuing Binance USD

13.2.2023
A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap

Breaking: Paxos to face SEC lawsuit over Binance USD: Report

13.2.2023
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security

Report: EA Paying $588 Million For The Rights To The English Premier League

13.2.2023
Programming and gameplay be damned, sports games live and die on their licensing. It’s why Madden was able to crush NFL2K, and it’s why EA’s FIFA (now known as EA Sports FC) has been able to grind Konami’s PES into the dust. Not because they’re better games, but because they paid to be the only...

Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review

12.2.2023
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered in the Bitcoin blockchain...

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

12.2.2023
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial...

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

11.2.2023
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put...