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Ethereum and Solana reflect resilience, while Orbeon Protocol explodes in Presale
5.1.2023
While the cryptocurrency market as a whole has had a tough season, some tokens, such as Ethereum, Solana, and Orbeon Protocol, have remained relatively stable. Solana, which is tightly related to FTX, has maintained a high trading volume despite the market’s general disinterest following...
Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority
5.1.2023
Indonesia plans to launch its crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.
Didid Noordiatmoko, head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), said...
The Twitter feud between Ripple’s CTO and Craig Wright continues
5.1.2023
The argument between Ripple CTO David Schwartz and Craig Wright continues over Twitter. The self-proclaimed Bitcoin creator recently questioned XRP’s performance and utility in a string of tweets. It all started with David Schwartz questioning Craig’s claims regarding Bitcoin’s utility...
Bank of England answers professionals' questions about upcoming CBDC wallet
5.1.2023
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract
Coinbase & NYDFS to settle compliance investigation
5.1.2023
The New York Department of Financial Services (NYDFS) has officially announced a consent order in which it will engage its efforts in unraveling factors supposedly overlooked in the case of the compliance program Coinbase. The factor included in this consent order is the levy of a penalty amounting...
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
Logan Paul threatens to sue Coffeezilla over CryptoZoo ‘scam’ allegations
5.1.2023
YouTube boxer Logan Paul, who was spearheading the CryptoZoo NFT project, has accused Coffeezilla of publishing “defamation” about him and the project
'Big move brewing' for BTC price? Bitcoin may stay flat, hints analyst
5.1.2023
The Bitcoin Bollinger Band "squeeze" is not a firm indicator of a breakout, says the metric's creator
Twitter data breach: Hacker put 200M users' private information up for grabs
5.1.2023
The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free
Virtualness inks an exclusive multi-year Web3 deal to PBA’s digital collectibles
5.1.2023
Virtualness has just signed an excellent deal with the Philippine Basketball Association (PBA). This happens to be a multi-year Web3 deal. Besides other factors, the prime aim and intention of this collaboration is for all Filipino basketball fans to be able to engage in a far better and different...
Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial
5.1.2023
A United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
5.1.2023
A class action is seeking damages from the password manager following a data breach in August 2022
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
5.1.2023
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With...
Crypto firm Juno urges users to withdraw after 'uncertainty' with custody partner
5.1.2023
Juno recommended users pull their funds from the platform amid "uncertainty" over the fate of its crypto custody provider Wyre
Fanatic sells 60% stake in Candy Digital amid 'imploding NFT market'
5.1.2023
The sports merchandise giant has got cold feet in the shrinking NFT market
Magic Eden to refund users after 25 fake NFTs sold due to exploit
5.1.2023
Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a "massive exploit" on the platform
US Regulators and the Fed Jointly Issue Crypto Warnings
5.1.2023
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that...
SEC files objection to Binance.US’s plans to acquire Voyager Digital
5.1.2023
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies
5.1.2023
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission...