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Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
4.5.2023
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview
IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar
4.5.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the dollar,” the IMF chief acknowledged. U.S. Banking...
Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse
4.5.2023
PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES –...
Stake Casino and Sportsbook set records in April 2023
4.5.2023
Stake has shared the numbers and trends for Casino and Sportsbook, highlighting the title that ruled the list and the maximum amount a player won in April 2023. It has also been talked about the developers who have been at their best in the previous month. A bettor walked away with a win...
Bitcoin's Dominance Rate Surges After U.S. Banking Crisis
4.5.2023
Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said
Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy
4.5.2023
The policy announcement makes no mention of crypto, which the government cracked down on in 2021
Supposed AI-Based Crypto Token Using Musk's Image Targeted by Texas Securities Board
4.5.2023
Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam
Ukraine, US Shut Down 9 Cryptocurrency Exchanges
4.5.2023
Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust...
Bitcoin Could Rally 20% to Around $36K: Matrixport
4.5.2023
The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said
‘WallStreetBets’ Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings
4.5.2023
WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’
4.5.2023
U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed President Joe Biden’s crypto mining tax proposal. “It is a mistake for the U.S. government to hobble...
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
4.5.2023
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen...
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
4.5.2023
May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow
First Mover Asia: Bitcoin Recovers From Fed Dip
4.5.2023
PLUS: The Madlads hype appears to be over, although it hasn't dragged down the price of Solana. Cryptos return to positive territory
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
U.S. SEC Changes Its Mind on Officially Labeling Digital Assets
4.5.2023
The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
3.5.2023
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday
Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
3.5.2023
The California-based regional lender is weighing strategic options, according to Bloomberg
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
3.5.2023
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters