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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
Crypto CEOs Need to Accept That Existing Regulations Also Apply to Them
15.2.2023
Coinbase’s CEO thinks the rules that apply to other financial services don’t apply to his multi-billion-dollar financial services company. His ignorance – either intentional or literal – is concerning
Lido DAO’s Governance Token LDO Jumps on Treasury Proposal
15.2.2023
The largest Ethereum staking service provider’s DAO has issued a vote over what it should do with its $30 million worth of ether
El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange
15.2.2023
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic...
Neon Link’s Gaming-Focused Neon Coin Presale Begins
15.2.2023
PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th...
Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
15.2.2023
Tornado Cash developer Alexey Pertsev was arrested in the Netherlands in August shortly after the U.S. sanctioned the crypto privacy tool
Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
15.2.2023
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing....
New Lamborghini NFT Collection Revs Up for Release on VeVe
15.2.2023
The digital collectibles will feature the Huracán STO model of the iconic luxury sports car brand with different rarity traits
Crypto Long & Short: Sorting Out Bitcoin’s P/E Ratio
15.2.2023
This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued. Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital assets into very broad...
FTX Transferred $7.7B from Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
15.2.2023
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues