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Today in Crypto: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold Calls Selling Crypto, YouTuber Served on Twitter
3.5.2023
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: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold...
Will compromise on anonymous crypto appease US regulators, spur adoption?
3.5.2023
Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care?
NFT art pioneer wants to upload her brain so she can live forever: Josie Bellini, NFT Creator
3.5.2023
NFT art pioneer Josie Bellini has already ensure her on-chain art can live forever — and she wants to upload her brain to the Metaverse too
New Crypto VC Firm Credibly Neutral Raises $5.5M
3.5.2023
The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others
Crypto Trading Platform Enclave Starts Fully Encrypted Spot Exchange
3.5.2023
Enclave Spot is secured by independent attestors, including Blockdaemon, Ava Labs, Republic Crypto and Enclave
Coinbase going international sparks community reactions: ‘Crypto is global’
3.5.2023
Reactions to the new development varied, with some celebrating and others expressing their frustration toward U.S. regulators
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
3.5.2023
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions
Crypto.com launches ChatGPT-based AI user assistant Amy
3.5.2023
The crypto exchange launched its AI user assistant to inform users about industry insights, including real-time token prices, projects and historical events
Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto
3.5.2023
A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000.
Recently published legal documentation shows that the Busan District Prosecutor’s Office seized coins “worth...
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
3.5.2023
The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022
Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government
3.5.2023
Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month
Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening
3.5.2023
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said
UK government targets fraudsters with new ban on cold calls for crypto
3.5.2023
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing."
Crypto influencer named in FTX lawsuit served via tweet
3.5.2023
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit
Best Crypto to Buy Now 2 May – EGLD, TRX, INJ
3.5.2023
Bitcoin and Ethereum are currently witnessing a significant uptick, coinciding with a downturn in traditional banking equities, particularly in light of the recent sale of First Republic Bank.
How might this sudden cryptocurrency market bounce affect the selection of the best crypto to buy now?...
Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
3.5.2023
The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable
White House Pushes for Punitive Tax on Crypto Mining
2.5.2023
US congressmen chide presidential advisers over crypto stances in economic report
2.5.2023
The legislators objected to a chapter of the president’s annual report that they believe diminished the role of Congress and could damage the economy with its hostility to digital assets