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ARK Buys the Wells Dip With $17.7 Million COIN Purchase
24.3.2023
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission
Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC
24.3.2023
Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated
First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns
24.3.2023
ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers
Is This Finally an Atomic Bomb From the SEC?
23.3.2023
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry...
DeFi Protocol ROOK ‘Gagged’ From Sharing Roadmap by Clients, CEO Says
23.3.2023
“We’re bound by the will of the order flow providers,” the pseudonymous CEO Hazard said on a community governance call
Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access
23.3.2023
Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent...
Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors
23.3.2023
Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro
After Frenzied Arbitrum Airdrop Day, 37% of Eligible Wallets Still Haven’t Claimed Their ARB
23.3.2023
Arbitrum’s token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed
Bitcoin Holds Steady Above $28K, Ether Rises in Post Rate Hike Rally
23.3.2023
Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
23.3.2023
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences....
Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
23.3.2023
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court
EUR/USD Hits 6-Week High, as Greenback Weakens Following Fed Hike
23.3.2023
EUR/USD raced to a six-week high on Thursday, as markets continued to react to the U.S. Federal Reserve’s 25-basis-point rate hike. The greenback was lower across the board, falling versus several G7 currencies, including the British pound. EUR/USD On Thursday, the world’s most traded...
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
23.3.2023
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed....
Crypto Advocate Sees 'Silver Lining' for the Industry in SEC's Warning to Coinbase
23.3.2023
Should the government agency follow through with its Wells notice, the outcome could lead to more rules of the road for crypto, Brett Quick, head of government affairs at the global alliance firm, said
Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded
23.3.2023
When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment made a splash in the industry. But interviews with major trading firms who once did business at FTX raise questions about whether...
Cosmos-Based DeFi Protocol Quasar Starts Mainnet After Raising More Than $11.5M
23.3.2023
Quasar is optimized for managing DeFi investments across multiple blockchains
Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says
23.3.2023
Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report
The SEC’s Scattergun Approach Shows Its Weakness
23.3.2023
By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry
Ukrainian Startup Promin Aerospace to Send Historical NFTs Into Space
23.3.2023
Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History Museum to launch into space a collection of artworks about the war with Russia in the form of NFTs (non-fungible tokens). The team recently joined the Bitcoin.com...
Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg
23.3.2023
The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed