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GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards
16.2.2023
Holders of the inaugural GQ3 collection will have access to a magazine subscription, merchandise and live events
Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto — ‘It’s an Absolute Horror’
16.2.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies are “idiots,” adding that it’s “just ridiculous” anybody would buy crypto. He also likened replacing national...
First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
16.2.2023
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace BLUR, following the platform's airdrop. Bitcoin rockets past $24.7K
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
16.2.2023
As U.S. regulators continue to sniff around Binance, the world’s largest crypto exchange is prepared to pay monetary penalties to “make amends” for past regulatory violations, according to The Wall Street Journal
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’
16.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they...
Coinbase, Anchorage Say They'll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others
16.2.2023
The U.S. Securities and Exchange Commission (SEC) is officially working toward forcing investment advisers to make hard decisions about how they keep clients’ crypto assets, but the agency’s Wednesday proposal comes with good-news, bad-news elements now being studied by industry lawyers...
'The Masked Singer' Launches Token-Gated Fan Experience
16.2.2023
Now in its ninth season, fans of the reality singing competition can sign up for a free "Loyalty Pass" and purchase art NFTs
FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner
16.2.2023
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens...
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
15.2.2023
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX
Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny
US Prosecutors Ask Judge to 'Prohibit' Bankman-Fried From Using Phones, Internet
15.2.2023
Federal prosecutors asked a judge to modify the terms of FTX founder Sam Bankman-Fried's release on bond to ban him from using cell phones or the internet except under very specific conditions
Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform
15.2.2023
The zero-fee marketplace published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting that they block sales on competitor OpenSea
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...
Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure
15.2.2023
According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node....
Former Paxos Exec: Regulators Failed to Address Crypto Collapses, Now They’re Going After 'On-Ramps'
15.2.2023
Jesse Austin Campbell, former head of portfolio management at the firm, says that because regulators did not adequately address the collapses of Celsius Network, Terra Luna and FTX, they are now in pursuit of on-ramps to get to Binance
Bitcoin Soars Past $24K to Reach 2-Week High
15.2.2023
Investors liquidated some $37 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed
Napster Expands Into Web3 Music Space With Acquisition of Mint Songs
15.2.2023
On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music...
FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured
15.2.2023
The agency issued a cease-and-desist letter on Wednesday
US Judge Orders Bankman-Fried's Lawyers to Reveal Bond Signer Names
15.2.2023
A federal judge ruled that the names of Sam Bankman-Fried's bond co-signers should be revealed after an appeals court did not take up the matter
Is the SEC Really the Bad Guy?
15.2.2023
It’s easy to say the SEC is going after the wrong targets in its crypto crackdown. But it’s all a consequence of real failures by the industry, says CoinDesk's David Z. Morris