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Crypto community reacts to Ledger wallet's secret recovery phrase service
16.5.2023
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea
Crypto Influencer Loomdart Pitches FTX 2.0 as the Path Forward for FTX Creditors
16.5.2023
Crypto veteran Loomdart is supporting an FTX reboot as a way to make creditors whole and increase trust in the industry.
Loomdart, who is also the co-founder of eGirl Capital, said an FTX relaunch could be successful if all users and creditors get a chunk of the platform. ...
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US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall
16.5.2023
Sen. Cynthia Lummis said she found it disappointing that a former crypto-friendly Signature Bank executive is not taking the blame for the failed bank, while criticizing his wordiness about crypto.
The Wyoming Republican, who has advocated for crypto, questioned Signature Bank’s former Chairman...
Updated European tax directive requires reporting on all crypto asset transfers
16.5.2023
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules
SDM Financial to Present Informative Webinar on Digital Asset Derivatives for Miners, Funds, and HNWIs
16.5.2023
PRESS RELEASE. SDM Financial is thrilled to announce an upcoming webinar focused on digital asset derivatives, taking place on Tuesday, May 23, 2023, at 10:30AM EDT. The webinar is tailored to provide digital asset mining firms, crypto-focused funds, and digital asset investors with valuable...
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
16.5.2023
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
To fund this vision...
‘Trusted seller’ vends fake Trezor wallets stealing crypto: Kaspersky
16.5.2023
Cryptocurrency users are once again reminded about the importance of using only authentic hardware wallets
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
16.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round...
Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy
16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations.
The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness.
The report...
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
FDIC Chair Criticizes Signature Bank's Lack of Understanding on Crypto Risks
16.5.2023
Amid crashing stock prices, the Federal Deposit Insurance Corporation (FDIC) points fingers at crypto and poor management for Signature Bank’s demise.
Remarking at a US House of Reps hearing, FDIC chair, Martin Gruenberg, attributed Signature’s failure to ignorance of the risks associated with...
Crypto Wallet Bitski Taps Hardware Wallet Ledger To Make Web3 More Secure
16.5.2023
The browser-extension wallet is using Ledger’s security infrastructure to help users navigate decentralized applications while keeping their assets safe
Bloomberg Analyst: Crypto Faced Its Own Set of Bank Runs Alongside the Wider Economy
16.5.2023
Despite being a disruptive force which pits itself in opposition to traditional finance, crypto has also witnessed its own series of bank runs, and some observers believe future runs of what some call 'crypto shadow banks' could become more destructive, according to Matt Levine, an opinion...
EU Countries Officially Approve MiCA Crypto Regulation Rules – Here's What You Need to Know
16.5.2023
On May 16, the European Union states gave the final nod to the world's first comprehensive set of rules to regulate crypto assets, known as the Markets in Crypto-Assets (MiCA) regulation.
This decision is adding pressure on countries such as Britain and the United States to follow suit. ...
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Crypto community responds to US democrats backing SEC’s crypto authority
16.5.2023
One community member expressed their decision to part ways with the party, arguing that the Democratic Party is playing god with the “future of American innovation.“
SHROOMS Coin Blasts Up 70,000% in 24 Hours and yPredict is the Market Research Tool that Can Help You Find the Next Crypto to Explode
16.5.2023
As meme coin fever continues to sweep through crypto markets, defying expectations of an impending end to meme season - $SHROOMS is the latest coin to skyrocket.
In a jaw-dropping +70,000% moon-shot, millionaires were made in hours in the latest race to profit.
Now in an aggressive cascading...
Is it Too Late to Buy XRP? Crypto Analysts Have Started Accumulating This Other Utility Coin While Its Still Cheap – Here's Why
16.5.2023
The market turbulence of XRP, the cryptocurrency by Ripple, has been a topic of heated discussion lately as the SEC's case continues to sour.
XRP's aggressive downtrend from mid-April has kept it around the mid-$0.42s, reflecting a nearly 10% drop this month and a 28% drop from March’s highs. This...
Crypto Expo Asia announces latest headline speakers and partners: Coinhako, EMURGO, Matrixport, and more
16.5.2023
Crypto Expo Asia, one of the region’s leading crypto conferences and exhibitions, today announced several new headline speakers and a partnership with ACCESS Blockchain Association Malaysia as the event bolsters its collaboration with leading industry groups across the region. This dovetails...
J’JO’s Crypto Index Investing: Protecting Portfolios From Risks and Increasing Returns
16.5.2023
The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people...
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
16.5.2023
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands...