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NFTs May Soon Be Available on Amazon With Reported Plans for New Platform Launch – Crypto Adoption on the Rise?
7.3.2023
Amazon is poised to launch its NFT and Web3 initiative by next month, with around fifteen collections expected to be available from the launch.
According to a report by TheBigWhale, the countdown has begun for the launch of Amazon's Web3 and NFTs initiative, which is set to go live on March...
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
7.3.2023
The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022
Bitcoin Price Slides to $22K as Powell Warns on Inflation
7.3.2023
The Federal Reserve chairman is in the Senate testifying on the economic situation on Tuesday morning
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
7.3.2023
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion...
Binance adds 11 tokens to PoR, claims $63B in reserves
7.3.2023
The results have not been audited by any accounting firms
Recapping Cointelegraph Markets Pro’s Crypto Winter Recovery Summit
7.3.2023
The Crypto Winter Recovery Summit demonstrated how traders could’ve multiplied their investment by 120 while the market lost two-thirds of its value
Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony
7.3.2023
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely...
In crypto winter, DeFi needs an overhaul to mature and grow
7.3.2023
For DeFi to make a major comeback, projects must focus on enhancing consumer experience while utilizing sustainable incentive schemes, experts believe
South Korean Police Form New Crypto Scam-fighting Cybercrime Taskforce
7.3.2023
South Korean police have announced that they will launch a new crypto scam-busting cybercrime taskforce.
KBS reported that police say that one of the new taskforce’s “three main tasks” will be dismantling and fighting crypto scams. Crypto-related fraud is on the rise in South Korea, with several...
Thailand to offer tax breaks for investment token issuers
7.3.2023
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
7.3.2023
DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured oracle
WeChat integrates digital yuan into its payment platform
7.3.2023
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity
First Mover Americas: Grayscale Bitcoin Trust at Issue in Court
7.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose
7.3.2023
Bitcoin may struggle to maintain current valuations if the U.S. government bond yields extend February rally, one trading firm said. Yields, however, have pulled back from multi-month highs ahead of Powell's speech
Shiba Inu and Cardano Continue to lose interest. Avorak AI next up-and-coming project
7.3.2023
The crypto world was abuzz in 2021 with the rise of Cardano (ADA) and Shiba Inu (SHIB) coins. Both coins saw a massive surge and reached all-time highs in the second half of 2021. However, investors are now losing interest in these two coins as prices declined for 2022 and are still struggling...
China announces plans for new national financial regulator
7.3.2023
The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul
FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved
7.3.2023
FLEX, the native token of the CoinFlex exchange, has risen by 21% after it emerged that a restructuring plan in the Seychelles had been approved
Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here's What You Need to Know
7.3.2023
Major crypto exchange Kraken is finally putting its feet into the banking waters with the new Kraken Bank.
"We're building a better kind of crypto & bitcoin bank for our clients," said the exchange on its website. The Wyoming, USA-based bank is called Kraken Financial, but "due to overwhelming...
South Korea saw over $4B in unregistered crypto transactions in 2022
7.3.2023
The money was aimed primarily at buying foreign crypto assets with the intention of selling them on the domestic market
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
7.3.2023
The Keep Innovation in America Act was first introduced in March 2021