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Showing posts from February, 2023

Binance US restructuring plan favored by 97% of Voyager customers

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An overwhelming majority of Voyager account holders want Binance US to buy out the firm’s assets. from Cointelegraph.com News https://ift.tt/5xSqhk3 via IFTTT

United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor

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Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests. from Cointelegraph.com News https://ift.tt/ysr2Bwg via IFTTT

Emirate to launch free zone for digital and virtual asset firms

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Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes. from Cointelegraph.com News https://ift.tt/Ha4XfAZ via IFTTT

Bitcoin Depot converts BTC ATMs software to reduce operating costs

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The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees. from Cointelegraph.com News https://ift.tt/G8j5mrS via IFTTT

Ethereum testnet successfully forks in Shanghai upgrade rehearsal

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As Ethereum’s Shanghai upgrade approaches next month, the network’s Sepolia testnet has successfully upgraded, simulating the scheduled hard fork. from Cointelegraph.com News https://ift.tt/sQET648 via IFTTT

MyAlgo users urged to withdraw as cause of $9.2M hack remains unknown

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The Algorand wallet provider said it still hasn't determined the cause of the attack, urging users to withdraw funds from wallets created with a seed phrase. from Cointelegraph.com News https://ift.tt/vqimrby via IFTTT

Is the SEC’s action against BUSD more about Binance than stablecoins?

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The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance. from Cointelegraph.com News https://ift.tt/YZsQzn6 via IFTTT

74% of survey participants say they buy NFTs for status

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13% of the survey respondents mentioned that they are buying NFTs hoping to resell them in the future. from Cointelegraph.com News https://ift.tt/VKhs2LQ via IFTTT

$700,000 drained from BNB Chain-based DeFi protocol LaunchZone

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BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value from Cointelegraph.com News https://ift.tt/3aFb8st via IFTTT

BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week

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Bitcoin price action is on a knife edge as analysis hopes that the monthly close can echo a positive end to the week. from Cointelegraph.com News https://ift.tt/LpUN9c8 via IFTTT

Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash

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Despite the sanctions on the crypto mixing service, the bad actors behind January's biggest exploit have deposited millions worth of funds into Tornado Cash. from Cointelegraph.com News https://ift.tt/qxwHNsL via IFTTT

Bitcoin may only need 4 weeks to hit $30K as key monthly close looms

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Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance. from Cointelegraph.com News https://ift.tt/a9FenMY via IFTTT

FSB, IMF and BIS papers to set global crypto framework, says G20

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A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September. from Cointelegraph.com News https://ift.tt/OgMAzmH via IFTTT

Uniswap DAO debate shows devs still struggle to secure cross-chain bridges

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Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized. from Cointelegraph.com News https://ift.tt/7tkJb3M via IFTTT

Colombia’s legal system experiments in the metaverse: Report

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Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse. from Cointelegraph.com News https://ift.tt/ikmaAbH via IFTTT

How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets

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Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies. from Cointelegraph.com News https://ift.tt/tAB7Jci via IFTTT

Pharma companies team up with DeSci to accelerate scientific research

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Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO). from Cointelegraph.com News https://ift.tt/IbcGqd2 via IFTTT

Solana faces slowdown in block production, network restarted

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The issue is linked to the recent network upgrade from 1.13 to 1.14, which slowed block finalization. from Cointelegraph.com News https://ift.tt/zToiZEt via IFTTT

French police arrest 2 people in connection to Platypus attack

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The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit. from Cointelegraph.com News https://ift.tt/scR9gnF via IFTTT

The limitations of the EU’s new cryptocurrency regulations

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By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent? from Cointelegraph.com News https://ift.tt/DvY81Xy via IFTTT

Bitcoin price tumbles to 10-day lows as 'Notorious B.I.D.' keeps support at $22.5K

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Bitcoin bulls have little to celebrate as BTC price action retraces more hard-won February gains. from Cointelegraph.com News https://ift.tt/lqDLNZc via IFTTT

US agencies recommend old risk management principles for crypto liquidity

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The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations. from Cointelegraph.com News https://ift.tt/ADs92Rd via IFTTT

Coordinated global crypto policies: G20 key financial stability priority

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India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms. from Cointelegraph.com News https://ift.tt/fc7CGD4 via IFTTT

Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’

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With the Blur marketplace set for a second airdrop soon, Nansen’s Andrew Thurman theorized that this major NFT dump could be a play to reap extra BLUR token rewards while also booking some profits. from Cointelegraph.com News https://ift.tt/wHa3hiQ via IFTTT

Brands: Stop treating NFT drops like ad campaigns

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So many brands jumped into the NFT craze in 2022. Now, some are finding themselves stuck in an unsustainable "engagement ponzi" with users. from Cointelegraph.com News https://ift.tt/ec2v0nA via IFTTT

Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K

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This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions. from Cointelegraph.com News https://ift.tt/PCyTbIN via IFTTT

Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds

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BlueWallet seeks to promote self-custody solutions and greater levels of decentralization with its decision to sever the connection to lndhub.io. from Cointelegraph.com News https://ift.tt/f8SiF3R via IFTTT

Bitcoin 2024 halving will be its 'most important' — Interview with Charles Edwards

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The Bitcoin commentator and fund manager reveals why 2023 is just the start of a "new regime" for BTC price action and institutional involvement. from Cointelegraph.com News https://ift.tt/YkgnN89 via IFTTT

Man faces arrest over alleged crypto mine hidden under a school

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A former facilities worker in the U.S. state of Massachusetts is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space. from Cointelegraph.com News https://ift.tt/ITH8rnd via IFTTT

Montana’s ‘right to mine’ crypto bill moves closer to passing as law

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The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor. from Cointelegraph.com News https://ift.tt/Rg6Xhyf via IFTTT

Galaxy acquires institutional crypto custody firm for $44M

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Galaxy Digital invests $44 million to acquire institutional cryptocurrency custody platform GK8. from Cointelegraph.com News https://ift.tt/1wxhH39 via IFTTT

3AC liquidators to sell firm's NFTs to realize value amid bankruptcy

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The announcement said that the sales will be commencing 28 days after Feb. 22, when the notice went out. from Cointelegraph.com News https://ift.tt/K7VQIML via IFTTT

SEC files objection to Binance US bid for Voyager assets

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The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital. from Cointelegraph.com News https://ift.tt/IqJ8nbM via IFTTT

USDC issuer Circle to increase staff by up to 25% amid layoff season

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The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger. from Cointelegraph.com News https://ift.tt/duRZ4bN via IFTTT

Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit

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The defendants pointed out that the renewed allegations push the same theory that the court already rejected before. from Cointelegraph.com News https://ift.tt/WxCdHU1 via IFTTT

'It would be absurd' for a US court to rule private NFTs as securities: Lawyer

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The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security. from Cointelegraph.com News https://ift.tt/QF4zjdJ via IFTTT

Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case

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The Chamber of Digital Commerce has accused the SEC of trying to impose securities regulations via the “back door” of an insider trading lawsuit. from Cointelegraph.com News https://ift.tt/IERX5OU via IFTTT

Titanic artifacts to be tokenized as NFTs in new partnership

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Real-world artifacts from the famous Titanic wreckage are set to be tokenized as NFTs through a new partnership using blockchain technology. from Cointelegraph.com News https://ift.tt/jqKTG5U via IFTTT

France pilots in-store crypto payments as Binance partners with Ingenico

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A new partnership between Binance and Ingenico allows in-store payments in France via Binance Pay. from Cointelegraph.com News https://ift.tt/0VcoU4d via IFTTT

US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO

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The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year. from Cointelegraph.com News https://ift.tt/w6Pgy4J via IFTTT

LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course

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If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will officially put out a “compelling offer” to purchase the golf course. from Cointelegraph.com News https://ift.tt/5IpmoEb via IFTTT

SBF lawyers to pay for technical expert to aid judge on bail terms

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The judge overseeing Sam Bankman-Fried’s fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks. from Cointelegraph.com News https://ift.tt/HTyL9Ri via IFTTT

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

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Jaime Leverton has led digital asset mining player Hut 8 over the past two years, wading through the waters of the bull market of 2021 and the bear market of 2022. from Cointelegraph.com News https://ift.tt/JHbW86T via IFTTT

Hope Finance exploit results in $2M stolen from users’ funds

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An Arbitrum-based algorithmic stablecoin project has fallen prey to a smart contract exploit, seeing $2 million stolen from users. from Cointelegraph.com News https://ift.tt/DgR6cK4 via IFTTT

CoinShares remains afloat despite heavy FTX losses: Q4 report

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Jean-Marie Mognetti, the CEO of CoinShares, wrote that the FTX bankruptcy “had a significant impact” on the firm’s capacity to deploy its algorithmic trading platform HAL in Europe. from Cointelegraph.com News https://ift.tt/NU3wkBE via IFTTT

What is a grid trading bot, and how do you use it?

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When carefully configured, cryptocurrency grid trading bots automatically execute orders to make profitable trades. from Cointelegraph.com News https://ift.tt/8R41iOl via IFTTT

BingChatGPT 'pump & dump' tokens emerging by the dozens: PeckShield

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Blockchain security firm PeckShield on Twitter said it has found dozens of pump-and-dump tokens purporting to be related to ChatGPT. from Cointelegraph.com News https://ift.tt/bvsIrxa via IFTTT

Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

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While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations. from Cointelegraph.com News https://ift.tt/iA7sLGw via IFTTT

Binance to bring fans closer to sports teams with fan token platform

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Participants can collect points to redeem various rewards like a dinner with their favorite player or a stadium tour. from Cointelegraph.com News https://ift.tt/H2Rl0ks via IFTTT

Crypto transaction success rate hinges on user location: Report

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A new report from Cointelegraph Research and Onramper revealed that fiat-crypto transactions have a 50% failure rate due to several factors, including user location. from Cointelegraph.com News https://ift.tt/sEWqrkt via IFTTT