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Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal
9.5.2023
Coinbase’s chief legal officer called a newly proposed US rule tightening cryptocurrency custody requirements “misguided” and said some parts need to be changed.
The Securities and Exchange Commission rule was proposed in February and would require registered investment advisers to keep crypto...
‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
9.5.2023
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender
Star Wars Jedi: Survivor’s Got Your Back If You Purposefully Break Its Story
8.5.2023
If you attempt to skip past certain story elements in Star Wars Jedi: Survivor, the latest Force-powered action-adventure from Respawn Entertainment, you’re greeted with a funny little pop-up message warning you that the game may break. That sounds like it could suck, but in actuality, it’s pretty...
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
8.5.2023
Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...
Voyager Digital Provides Update on Reimbursement Plan for Creditors
6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
5.5.2023
After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position
Bitcoin Price Prediction as US Interest Rate Decision Sends BTC Down Before Bouncing Back Up – Where is BTC Heading Now?
5.5.2023
The recent US interest rate decision has sent Bitcoin's price on a downward trajectory before experiencing a bounce back – raising questions about where BTC is heading now.
As investors and market analysts try to decipher the future direction of Bitcoin's value, this update aims to provide...
VT Markets bring back Hill Trading Contest with a prize pool of $60,000
4.5.2023
After experiencing the inaugural success, VT Markets has announced bringing back the much-anticipated trading contest – Hill Trading Contest. It is scheduled to begin on May 01, 2023, and conclude on July 31, 2023. The 3-month long trading contest requires traders to showcase their skills...
SEC steps back from defining digital assets in new hedge fund rules
4.5.2023
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
4.5.2023
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model
Bitcoin Back Above $29,000 Post-Fed as Markets Bet on Rate Cuts – Where Next for the BTC Price?
4.5.2023
Bitcoin has recovered back above the $29,000 level, rising above its 21 and 50-Day Moving Averages in doing so, in wake of another rate hike from the US Federal Reserve.
The US central bank lifted the federal funds target range by 25 bps on Wednesday to 5.0-5.25%, marking 500 bps worth of rate...
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
Cathie Wood's Ark Invest Increases Coinbase Position with Back-to-Back Stock Purchases – What Does She Know?
3.5.2023
ARK Invest, Cathie Wood's investment management firm, has remained bullish about Coinbase shares despite its tanking price amid a lawsuit brouhaha.
The investment firm added more shares to its portfolio on May 1 and now holds nearly 50% more COIN shares than last month.
The source of Cathie...
Biggest Movers: MATIC Rebounds, as SOL Falls Back Towards Support
3.5.2023
Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1% earlier in the day, as Tuesday’s losses eased. Solana, on the other hand, remained lower, as it fell towards a key price floor. Polygon (MATIC)...
Mad Lads working to bring Solana back on track
2.5.2023
It has been a while now since the Solana NFT ecosystem was up against certain obstacles. This compelled the deGods, as well as y00ts collections, to shift away from the blockchain. So was the case with the prime Solana marketplace, Magic Eden, which was having difficulty in satisfying both...
Maybe We Shouldn't Go Back To The Moon After All
2.5.2023
Humans are going back to the Moon! NASA’s Artemis program is going to send a bunch of astronauts to the Lunar surface in the coming years, initially for Moon business, but later to start work on the eventual journey to Mars. It’s exciting stuff, but as this art series shows, it can’t hurt to pack...
Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines
1.5.2023
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result of the upcoming Federal Reserve interest rate decision. Solana was also in the red today. Litecoin...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Coinbase Issues Warning to SEC: Prepared to Fight Back If Sued
28.4.2023
Major crypto exchange Coinbase continues its pushback against the US securities regulator, telling the agency that it would be a "well-resourced adversary" if sued.
Coinbase responded to a notice sent last month by the US Securities and Exchange Commission (SEC), which suggested that the agency...