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SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
6.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed suit against Green United, alleging that the Utah-based company violated federal securities laws by selling $18 million worth of phony crypto mining equipment
Investor concerns persist as crypto investment products see 4th week of outflows
6.3.2023
According to CoinShares, outflows from crypto investment funds amounted to $17 million last week, marking the fourth consecutive week of outflows
Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
6.3.2023
USDT’s market share among stablecoins surpassed 54% on Monday, the highest level since November 2021
Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project – How Does it Work?
6.3.2023
The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin.
The new stablecoin that is being proposed is called Babel Recovery Coin. The plan is for the coin to maintain a $1 price in the market through a system of trading incentives...
Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
6.3.2023
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile
U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight
6.3.2023
As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), in a speech Monday
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report
6.3.2023
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place
Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees
6.3.2023
The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value
White House Is 'Aware of' Silvergate Situation, Spokeswoman Says
6.3.2023
White House Press Secretary Karine Jean-Pierre said the presidential administration is monitoring Silvergate Bank's situation, and said Congress must act
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents
6.3.2023
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents...
Crypto Listing and Delisting Announcements: Week 10
6.3.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
6.3.2023
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model
GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday
6.3.2023
The GBTC shares were trading at a 42% discount to bitcoin’s price on Monday, the lowest level since Feb. 7
21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure
6.3.2023
Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macro economic factors, including inflation and East Asian traffic
Alvey Chain Introduces World’s first Next-Generation Virtual Reality Multiverse Exchange
6.3.2023
PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the launch of its next-generation Virtual Reality Multiverse Exchange. The new platform offers a secure, reliable...
American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6
6.3.2023
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
6.3.2023
The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
6.3.2023
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate...
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
6.3.2023
An independent investigation could cost as much as $100 million, the Delaware court has previously been warned
Lawmakers should check the SEC’s wartime consigliere with legislation
6.3.2023
Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s” Michael Corleone, according to the Cato Institute's Jack Solowey and Jennifer Schulp