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Showing posts from March, 2023

The complicated relationship of ethics in Web3: PBW 2023

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A group of Web3 professionals took the stage at Paris Blockchain Week 2023 to discuss how current innovations will shape the future of ethics in Web3. from Cointelegraph.com News https://ift.tt/3kKwjep via IFTTT

How blockchain can help reimagine a new state in Africa

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Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. from Cointelegraph.com News https://ift.tt/tZFoURk via IFTTT

Kraken to suspend Plaid withdrawals and deposits via ACH Silvergate

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Joined the Silvergate Exchange Network back in 2019, Kraken is now looking for new ACH funding options. from Cointelegraph.com News https://ift.tt/Jqvg5Zf via IFTTT

Chainalysis breaks down how scammers adapt during the bear market

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As crypto traders became wary of making investment decisions amid the Terra collapse in 2022, scammers shifted to free giveaways and romance scams. from Cointelegraph.com News https://ift.tt/TSZAD8h via IFTTT

CFTC’s tech committee gathered in DC to talk DeFi, here’s what was discussed

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DeFi was top of the agenda at the CFTC’s tech committee meeting, with crypto execs giving explanations and discussing the space with the regulator. from Cointelegraph.com News https://ift.tt/wZxL195 via IFTTT

Bitcoin $30K bets greet FOMC as analyst warns over long liquidations

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Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below $20,000 has one analyst worried. from Cointelegraph.com News https://ift.tt/Kt1dng6 via IFTTT

Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

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The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. from Cointelegraph.com News https://ift.tt/HvlJ584 via IFTTT

Paris Blockchain Week 2023: First day of the Summit kicks off

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Pre-summit events such as the Talent Fair, Startup Competition and Investors Day made up the day on March 20 at Paris Blockchain Week. from Cointelegraph.com News https://ift.tt/uN8VpvY via IFTTT

Class action lawyers claim YouTuber ‘BitBoy Crypto’ threatened them

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Lawyers in a class action lawsuit alleged in a court filing that Ben Armstrong "began harassing" them after he was named as a defendant. from Cointelegraph.com News https://ift.tt/2alAk81 via IFTTT

OneCoin head of compliance facing 40 year sentence after US extradition

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The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws. from Cointelegraph.com News https://ift.tt/9xsvEaA via IFTTT

‘Crypto FUD’ — Industry outraged as White House report slams crypto

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The report included 35 pages seemingly aimed at debunking the merits of crypto assets. from Cointelegraph.com News https://ift.tt/9RWwsIe via IFTTT

Celsius lawyer and adviser fees on track to reach $144M, community responds

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Software developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed. from Cointelegraph.com News https://ift.tt/A20g4MU via IFTTT

SVB contagion: Australia reportedly asks banks to report on crypto

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Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates. from Cointelegraph.com News https://ift.tt/gorpaCv via IFTTT

MetaMask enables direct crypto purchases in Nigeria

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Crypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin. from Cointelegraph.com News https://ift.tt/KdbIL0Q via IFTTT

Arbitrum token finds its way to OTC market before airdrop

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Following the Arbitrum airdrop announcement, crypto users eligible for it are already selling them in OTC markets. from Cointelegraph.com News https://ift.tt/sPn175o via IFTTT

Core Scientific to transfer $20M of equipment to settle bankruptcy dispute

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Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute. from Cointelegraph.com News https://ift.tt/hFQDXZ8 via IFTTT

Crypto.com customer accused of $10M spending spree granted bail

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The Judge explained that prison time wasn’t necessary because Singh couldn’t flee without his Indian passport or being able to apply for a new one. from Cointelegraph.com News https://ift.tt/0f5BwOW via IFTTT

Crypto.com gets MVP preparatory license from Dubai regulator

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After completing the preparatory stage and obtaining the operational license in Dubai, Crypto.com plans to provide a comprehensive range of institutional services in compliance with regulatory requirements. from Cointelegraph.com News https://ift.tt/F5Yfhkn via IFTTT

Will the Fed stop rate hikes? 5 things to know in Bitcoin this week

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Bitcoin targets $30,000 as a new week of macro surprises gets going — what might happen next? from Cointelegraph.com News https://ift.tt/FAXyHW1 via IFTTT

Taiwan watchdog FSC to assume authority on crypto regulation

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Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest. from Cointelegraph.com News https://ift.tt/6U5Va4j via IFTTT

Australian Banking Association’s cost of living inquiry reveals bank pressure

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An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds. from Cointelegraph.com News https://ift.tt/WMkoaNK via IFTTT

Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

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Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so. from Cointelegraph.com News https://ift.tt/pRcra4D via IFTTT

Beware of fake Arbitrum Airdrops, community warns

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The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens. from Cointelegraph.com News https://ift.tt/w1p0NV3 via IFTTT

Credit Suisse rescue plan may include nationalization, bondholder losses

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A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG. from Cointelegraph.com News https://ift.tt/M9QKp2a via IFTTT

Top 7 ways to earn free crypto

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Learn how to earn free cryptocurrency with these seven methods, including faucets, bug bounties and more. from Cointelegraph.com News https://ift.tt/oy1TkDp via IFTTT

SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse

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The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021. from Cointelegraph.com News https://ift.tt/dtar7Kp via IFTTT

Euler Finance hacker sends 100 ETH to red-flagged North Korean address

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While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, it highlighted the possibility of misdirection by other hackers. from Cointelegraph.com News https://ift.tt/ZE8B0iy via IFTTT

Peter Schiff blames ‘too much gov't regulation’ for worsening financial crisis

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Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance. from Cointelegraph.com News https://ift.tt/ljq3WYu via IFTTT

SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report

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Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank's UK arm "near-collapse.” from Cointelegraph.com News https://ift.tt/BfC6SUy via IFTTT

Binance's response to U.S. Senators lacks financial information: Report

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Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its relationship with Binance.US. from Cointelegraph.com News https://ift.tt/OQVK6Ad via IFTTT

What are the Howey test and its implications for cryptocurrency?

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The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more. from Cointelegraph.com News https://ift.tt/ovdzEHZ via IFTTT

Sam Bankman-Fried to propose revised bail package ‘by next week’

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The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail. from Cointelegraph.com News https://ift.tt/tEzZSFO via IFTTT

Euler Finance hacker starts returning stolen Ether

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Chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions — other than the 3,000 ETH — were recorded at the time of writing. from Cointelegraph.com News https://ift.tt/572icYS via IFTTT

Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

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Bitcoin has decoupled from stocks and rising ten years after the Cyprus banking crisis coincided with a BTC price boom. from Cointelegraph.com News https://ift.tt/kwDF3X4 via IFTTT

Diversified set of guardians required for safe self-custody: Vitalik Buterin

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In a Reddit post, Buterin emphasized that having too much of a concentrated grasp of your self-custody wallets can be a bad thing if you get “hacked, coerced, or incapacitated or die.” from Cointelegraph.com News https://ift.tt/hKkvC8z via IFTTT

More 186 US banks well-positioned for collapse, SVB analysis reveals

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Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability. from Cointelegraph.com News https://ift.tt/p6eAZR3 via IFTTT

Crypto assets to become a separate category in UK tax forms

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The recent national budget, published by His Majesty’s Treasury, announces the amendment of the self-assessment forms for crypto assets. from Cointelegraph.com News https://ift.tt/bPIQnO3 via IFTTT

What is quantum cloud computing, and how does it work?

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Quantum cloud computing is a nascent technology with profound implications, and it may soon be widely available thanks to cloud technology. from Cointelegraph.com News https://ift.tt/FlDi6Xp via IFTTT

Signum Digital scores approval to offer security tokens in Hong Kong

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Hong Kong’s Security and Futures Commission greenlights Signum Digital to offer security tokens in the city after inviting applications for virtual asset trading licenses. from Cointelegraph.com News https://ift.tt/1xVrEKD via IFTTT

Lightning Labs and Tari agree to convert restraining order in trademark suit

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Tari Labs, who bought the suit against the project has faced backlash from the crypto community with some suggesting the lawsuit was “frivolous.” from Cointelegraph.com News https://ift.tt/vPexsMj via IFTTT

Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023

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Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio. from Cointelegraph.com News https://ift.tt/K2NJY3F via IFTTT

SVB collapse chilled NFT trading volumes: DappRadar

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Only 11,440 NFT traders were active on March 11 which was the lowest figure recorded since November 2021. from Cointelegraph.com News https://ift.tt/3H8jSWP via IFTTT

Nifty News: Doodles 'no longer an NFT project,' Playboy bares all on NFT earnings and more

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The NFT project doodles is looking to go beyond being an NFT project, with plans to become a "leading media franchise." from Cointelegraph.com News https://ift.tt/fiIycjs via IFTTT

What are fan tokens, and how do they work?

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Fan tokens represent a new revenue stream for clubs and a reward system for fans. Find out here what fan tokens are and how they work. from Cointelegraph.com News https://ift.tt/DR6Qyv1 via IFTTT

Scam alert: $300,000 stolen by fake Blur airdrop websites

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Unsuspecting users looking to claim Blur token airdrops have had funds stolen by a number of fake websites. from Cointelegraph.com News https://ift.tt/cLf415j via IFTTT

FDIC asked Signature buyers to stop all crypto business: Report

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The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank. from Cointelegraph.com News https://ift.tt/4JV9doC via IFTTT

Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood

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Cathie Wood said the ongoing baking crisis is a total Fed policy failure and could have been averted with crypto’s decentralized solutions. from Cointelegraph.com News https://ift.tt/WuXrT4J via IFTTT

SBF's inner circle received $3.2B, mainly from Alameda: Court filings

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Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research. from Cointelegraph.com News https://ift.tt/bm5UeRX via IFTTT

US credit crunch means it’s time to buy gold and Bitcoin: Novogratz

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The Galaxy Digital CEO predicts tough times ahead for the U.S. economy, but continues to be bullish on crypto. from Cointelegraph.com News https://ift.tt/2xaXrAt via IFTTT

Bitcoin to $100K next? Analyst eyes 'textbook perfect' BTC price move

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Bitcoin is in the midst of a "bump & run reversal" which demands serious upside, argues Capriole CEO, Charles Edwards. from Cointelegraph.com News https://ift.tt/FBhsRni via IFTTT