The US Federal Reserve is taking steps to address the fast-evolving cryptocurrency industry. The central bank has announced that it is creating a specialized team of experts to monitor developments in...
Tag: news
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph is a distributed ledger technology that offers faster transaction times and lower fees than traditional blockchains. Its mainnet supports smart contracts and decentralized application...
DOJ Appeals Against Approval of Voyager-Binance.US Asset Sale
The ongoing legal battle between Voyager Digital and U.S. regulators has taken another turn. The U.S. Department of Justice (DOJ) has filed an appeal against the latest decision in the case, which per...
SEC Revokes License of ParagonCoin Crypto Startup
ParagonCoin Limited, a crypto startup focusing on the marijuana industry, has had its registration revoked by the United States Securities and Exchange Commission (SEC) for violating securities laws a...
Thailand SEC Considers Ban on Crypto Staking and Lending
The Thai SEC’s potential ban on crypto staking and lending activities is part of the country’s broader efforts to regulate its rapidly growing digital asset industry. The SEC has been acti...
Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit
In recent news, a federal judge in Florida, United States, is considering dismissing former NBA superstar Shaquille O’Neal and tennis athlete Naomi Osaka from the FTX lawsuit. The judge pointed out th...
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
ARK Invest, led by tech-focused investor Cathie Wood, has made a record purchase of Coinbase stock amidst a volatile market. Despite Coinbase tumbling by 8% on March 10, ARK Invest bought the largest ...
Nigerian President-elect’s Manifesto Includes Blockchain and Crypto Regulations
Nigeria is one of the countries where cryptocurrency adoption is on the rise. In recent years, the country has seen a surge in crypto trading and the use of cryptocurrencies for cross-border payments,...
Degen Zoo NFT Game Draws Huge Interest After Logan Paul’s Crypto Zoo Scandal
The recent surge of interest in Degen Zoo highlights the growing popularity of nonfungible token (NFT) games, which have become a significant trend in the blockchain industry. NFTs are unique digital ...
US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual – Bitcoin News
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the fin...
The Cryptocurrency Betting Revolution on Wintop․io – Sponsored Bitcoin News
sponsored Since December 2022, Wintop.io has been strongly growing into the crypto world. A new vision of the betting industry, combining crypto and the most exciting casino and sport games, is now av...
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% – Bitcoin News
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget in...
DOGE Down 10%, Falling to Lowest Point Since October – Market Updates Bitcoin News
Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been tr...
Cardano (ADA) News Brings Positive Outlook For 2023
The cryptocurrency market is buzzing with Cardano news, as many experts forecast great prospects for 2023. ADA, the native cryptocurrency of the Cardano blockchain, has made headlines because of its i...
Crypto Market News: Buckle Up for More Volatility Ahead, Whales Activity on the Rise!
The crypto market awoke to a stream of high-impact news that resulted in a flash sell-off. Over 130k crypto traders have been liquidated, with total liquidations at approximately $393 during the early...
SVB Shares Halted for Pending News After Sinking Another 69%
(Bloomberg) — SVB Financial Group shares extended their plunge before being halted in premarket trading for pending news as prominent venture capitalists recommended companies withdraw their mon...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond ...
BTC Under $20,000 as ETH Sinks Below $1,400 on Friday – Market Updates Bitcoin News
Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, ...
Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens – Taxes Bitcoin News
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticip...
Top Crypto News Today: Silvergate Bank Liquidates Assets, Crypto.com Struggles to Maintain Fiat On-Ramps
According to court documents filed on Tuesday, FTX, the defunct cryptocurrency exchange, is offering a $4 million bonus program to retain its staff. FTX’s CEO, John J. Ray III, wants to offer bonuses ...
Iran’s Crypto Rial Project Enters Trial Phase – Finance Bitcoin News
The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the st...
Worst Night in History of Crypto? 6 News Items Caused Catastrophe on Market
Arman Shirinyan Crypto community was hit with previously unseen streak of bearish news On March 10, the crypto market experienced a massive sell-off that wiped out billions of dollars of value in a ma...
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns o...
Crypto Winter Brings Bad News for Sports Sponsorship
Crypto winter(s) can have multiple market repercussions for retailers and institutions. This article focuses on how the crypto winter is impacting sports sponsorships and advertisement deals. Crypto ...
Join the Plena Smart Wallet Referral Program and Win Big with $1,000,000 in PLENA Tokens – Press release Bitcoin News
press release PRESS RELEASE. Plena Smart Wallet, which is one of the first self-custodial wallets to support Account Abstraction is thrilled to unveil its hotly anticipated referral program that offer...
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell ...
Fed Chair Powell Provides Update on US Central Bank Digital Currency – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the ...
Why DocuSign Stock Might Be Falling Despite Strong Earnings
DocuSign shares were trading lower after the electronic-signature software company posted better-than-expected results. DocuSign (ticker: DOCU) posted fiscal fourth-quarter adjusted earnings per share...
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security – Bitcoin News
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kuc...