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Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
20.2.2023
The report suggested that whales with Binance, FTX, and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought
CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media Generally
20.2.2023
The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk
Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried
19.2.2023
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million,...
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes
19.2.2023
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the Fed to raise interest rates three more times this year. Major Banks Predict More Fed Rate Hikes...
Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape
18.2.2023
The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with...
CZ denies report Binance is considering major breakup with US business partners
17.2.2023
The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
16.2.2023
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged...
On-chain Digital Art Advocates Hope This Latest Major Donation Can Take The Space Forward
15.2.2023
Pseudonymous digital art collector and writer behind popular digital art newsletter the Medici Minutes who goes by the Twitter handle @CozomoMedici recently announced a major on-chain donation to the Los Angeles County Museum of Art. According to a tweet by @CozomoMedici, whose full name on Twitter...
Bitcoin, Ethereum, and major altcoins gain after the US CPI
15.2.2023
Bitcoin, Ethereum, and many other cryptocurrencies rose on Wednesday after investors ignored the seemingly US regulatory crackdown and inflation data. Cardano posted the largest increase, but many other cryptocurrencies are still in a bearish phase compared to February’s weekly performance. ...
Bloomberg Expert Sounds the Alarm: Bitcoin at Risk of Major Collapse – Here's Why
14.2.2023
As Bitcoin (BTC) bulls fight hard to keep the New Year's rally rolling, one expert is sounding the alarms.
So far 2023 has seen the onset of a sensational recovery from the depths of December.
BTC has gained +31% YTD in price action that has reinvigorated markets. Many influencers on crypto...
New North Korean Ransomware Threat to ‘Major Institutions’ Detected, Say South Korea, US
13.2.2023
South Korean and United States intelligence agencies have warned that Pyongyang-based hackers are trying to hit “major international institutions” with ransomware attacks. But experts say that “overlapping sanctions” could help Seoul and Washington thwart North Korean cyber thieves....
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Chinese Government Launching National Blockchain Innovation Center
12.2.2023
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science...
16 Years After Release, Team Fortress 2 Is Getting A Major Update
10.2.2023
I know it is still available and being played, but Team Fortress 2 can at times feel like a game from a different age. Partly because it is, but also because it’s so old—and has gone so long without a major update—that you’d be forgiven for thinking it was on its last legs. But no!Read more
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
8.2.2023
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations...
Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
7.2.2023
The troubled crypto firm Genesis has reached an agreement with key creditors that would involve a sale of the crypto lending and trading arm of the company....
Read More: Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences
6.2.2023
The French luxury house has taken NFT artist Mason Rothschild to trial over his digital collectibles inspired by the iconic Hermes Birkin bag in a case that could have major implications on trademark law and NFTs
South Korea Takes Major Step Toward Cryptocurrency Legalization with New Guidelines on Securities Tokens
6.2.2023
South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens.
Under the new guidelines, security tokens, defined as financial assets issued by a centralized party and tokenized on a blockchain...
Russia’s Largest Private Bank Launches Digital Asset Platform
5.2.2023
Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this week. Privately-Owned Alfa-Bank Sets Up Digital Asset...
Russia Expands Its Crypto Mining Capacity, Report Reveals
5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...