Category: Crypto News
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological suppor [...]
United Texas CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving st [...]
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Cryptocurrency Lawyer Says
Until financial details are clear, however, Hodder said that Celsius should not only be more transparent, but should “stop spending exorbitant funds e [...]
FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
FTX has reportedly begun blocking accounts that have sent coins through Zk.money, a private layer-2 chain provided by the Aztec Network on Ethereum. A [...]
Sports Tokens Surge After Socios.com Gets Regulatory Approval in Italy
In the aftermath of the announcement, the Santos FC fan token shot up by more than 150% from its value the day prior, to a high of about $15, while ch [...]
FTX US among 5 companies to receive cease and desist letters from FDIC
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations abou [...]
Bitcoin’s Price Plummets on Global Inflation Concerns
The BTC hourly chart below illustrates the time of the German PPI announcement, in conjunction with the drop in BTC prices. The decline came along wit [...]
Sports Tokens Surge Following Socios.com Regulatory Approval in Italy
Fan token market cap is up almost 100% from last month, according to CoinGecko data.
www.coindesk.com [...]
Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant deve [...]
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’
As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games [...]
#FreeAlexPertsev: Protests Planned for Amsterdam Following Tornado Cash Developer’s Arrest
The jailed Tornado Cash developer has sparked controversy in crypto. Should open source contributors be held accountable for what others do with their [...]
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
"The scope of this advisory is limited to the capital and liquidity treatment of a FRFI’s exposures to cryptoassets. The advisory does not address oth [...]
Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
Some of the issue lies in the mechanics of NFT trading, where floor prices will adjust as ETH’s price fluctuates against the U.S. dollar. Despite ETH’ [...]
Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil
“Crypto is now on that list of thoughtful, innovative, disruptive technologies and it's viewed as sort of high risk by the average retail trader,” Jab [...]
FDIC Orders FTX US, 4 Other Companies to Cease and Desist 'Misleading' Consumers
The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the [...]