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SEC objection to Voyager-Binance.US deal questioned by US judge

3.3.2023
A U.S. judge scolded the SEC over its non-specificity on its objection to Voyager’s restructuring deal and asked for specifics on its concerns

Ethereum core developers push Shanghai upgrade to early April

3.3.2023
The final dress rehearsal for Shanghai has been slated for a Mar. 14 launch, while the real thing will happen a few weeks later

HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK

3.3.2023
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing...

Bitcoin price slides 5% in 60 minutes, hitting two-week low amid Silvergate

3.3.2023
The price of BTC has fallen a steep 5% in a matter of 30 minutes between 1:30-2:00am UTC time on March 3. The cause behind the fall is not clear

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate

3.3.2023
Bitcoin plunged to $22,288 and Ether hit $1,563 as crypto took a tumble during the opening hours of East Asia's trading day

MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

3.3.2023
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025

First Mover Asia: Bitcoin Continues to Look East for Strength

3.3.2023
A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump

Bitcoin Bulls Getting Excited as Key On-chain Metrics Trend Higher – Further BTC Price Rally Incoming?

3.3.2023
Bitcoin bulls are licking their lips as they look at various widely followed metrics of on-chain activity. The world’s first cryptocurrency and largest by market capitalization is already up over 40% this year, but that rally could extend in the months ahead if positive on-chain trends continue...

Binance 'not planning any layoffs,’ 500 roles to be filled in H1

3.3.2023
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs

US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’

3.3.2023
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called into question the legitimacy of your business...

How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices

3.3.2023
Despite the prices of most major cryptocurrencies stagnating over the course of the last 30-days, with the likes of Bitcoin and Ethereum only up a respective 1.7 and 4.0% and BNB and XRP down 3.9% and 7.0% each according to CoinMarketCap, the prices of non-fungible tokens (NFT) have been pumping....

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

3.3.2023
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy

FTX presentation shows 'massive shortfall' in firm's assets

3.3.2023
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...