US Government’s Bitcoin Frenzy: 9,800 BTC Sold, 41,500 BTC To Follow
[ad_1] The U.S. government is planning to sell 41,500 Bitcoin BTC/USD that it holds, according to court documents. What Happened: The U.S. government currently holds more than 205,000 BTC as of…
Decentralizing Aid: UNICEF’s Game-Changing DAO Adventure In Crypto World
[ad_1] UNICEF, the United Nations’ children’s relief and humanitarian aid organization, is exploring the development of a decentralized autonomous organization (DAO) concept. “We are in the process of creating a…
Crypto Founder Allegedly Uses Investor Funds For Gambling: SEC Charges Beaxy And Executives
[ad_1] The U.S. Securities and Exchange Commission (SEC) charged crypto platform Beaxy and its executives for violating securities laws by not registering as a broker, exchange or clearing agency. Beaxy…
On-Chain Data Reveals Crypto Profit-Taking Underway: Will Bitcoin, Ethereum And XRP Hold Up?
[ad_1] With the cryptocurrency market having seen significant growth in recent weeks, on-chain data suggests that some traders and large token holders, also known as “whales,” are taking profits after weeks of…
Lido Staking Service Shuts Down On Polkadot And Kusama: What This Means For Crypto Investors
[ad_1] Decentralized finance staking service Lido LDO/USD announced it will end its staking program on the Polkadot DOT/USD and Kusama KSM/USD blockchains on Aug. 1, as stated by a recent blog post…
Revolutionary Crypto Rules Or Devastating Blow? SEC Chief Gensler To Testify Before Congress – Coinbase Glb (NASDAQ:COIN)
[ad_1] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is set to appear before the House Financial Services Committee on April 18 to face questions regarding his approach to rule-making…
Royal Mint’s Shock Decision To Scrap NFT Launch Deals Huge Blow To UK’s Crypto Innovation Drive
[ad_1] The U.K. Treasury abandoned plans to launch a non-fungible token (NFT) as part of a broader effort to establish the country as a leading hub for cryptocurrency innovation, according…
Sam Bankman-Fried Agrees To Restrictive Bail Conditions In Wire Fraud And Money Laundering Case
[ad_1] Attorneys representing FTX founder Sam Bankman-Fried have reached a consensus on updated bail terms with U.S. prosecutors, as disclosed in legal documents filed on Monday. District Judge Lewis Kaplan…
Stables And Mastercard Join Forces For A Game-Changing Payment Solution
[ad_1] Mastercard Inc MA partnered with the Australian stablecoin platform, Stables, to launch a stablecoin digital wallet integration that will allow retail customers in the Asia-Pacific (APAC) region to spend their stablecoins…
Andreessen Horowitz Invests $40M In CCP Games For Next-Gen Blockchain MMO Game
[ad_1] Iceland-based video-game developer CCP Games announced on Tuesday that it raised $40 million in a funding round led by Andreessen Horowitz, with participation from other investors such as Makers Fund,…
Are Your NFTs Safe from the IRS? The Shocking Truth Behind New Tax Proposals
[ad_1] Non-fungible tokens (NFTs) may be taxed on par with other collectibles, such as fine wine or works of art, according to a recent document published by the U.S. Internal Revenue…
‘The Only Guarantee In Crypto Is Risk’ Is What Belgium Wants Firms To Add In Their Advertisements
[ad_1] Belgium‘s Financial Services and Markets Authority (FSMA) issued a mandate on Monday about cryptocurrency firms in the country that trading in virtual currencies is risky and “the only guarantee in crypto is risk.” The…
Ron DeSantis Wants To Ban CBDC, Says Government Wants To Surveil And Control Citizens
[ad_1] In an apparent bid to protect the finances of Floridians, Gov. Ron DeSantis announced he wants lawmakers to enact legislation that outlaws the use of central bank digital currencies…
Signature Bank’s Crypto-Related $4B Deposits Will Be Returned To Customers: What Else Is Planned?
[ad_1] Signature Bank‘s digital-assets business will not be acquired by a unit of New York Community Bancorp as previously anticipated. Customers’ crypto-related deposits, amounting to approximately $4 billion, will be…
Riding The Bitcoin Rollercoaster: Investors Launch $100M Fund Amid Industry Chaos
[ad_1] A group of investors is seeking to raise $100 million for a Bitcoin BTC/USD-focused fund, despite the ongoing challenges faced by the cryptocurrency industry. What Happened: The Bitcoin Opportunity…
Five 21Shares Funds Bite The Dust Due To Investor Exodus, But What Other Fund Is Doing Well?
[ad_1] Cryptocurrency asset management firm 21Shares shut down five exchange-traded products (ETPs) and delisted another as investor demand declines. The move comes as digital tokens struggle amid the Federal Reserve’s efforts…
Say Goodbye To High Fees And Slow Transactions With ARB Token’s Decentralized Power
[ad_1] The Arbitrum Foundation, which is the major player in Ethereum‘s ETH/USD Layer 2 scaling landscape, announced the launch of a new token called ARB ARB/USD. This token will be distributed…
FTX Founder In Deep Legal Trouble, Demands Insurers Pay Up To Cover Fees
[ad_1] FTX FTT/USD founder Sam Bankman-Fried filed a motion Wednesday requesting that Relm Insurance and Beazley Insurance prioritize reimbursing his legal fees and advance future costs. in accordance with their…
Investors Losing Faith In Crypto As Bitcoin, Ethereum Experience Historic Exodus
[ad_1] Digital asset investment products have seen outflows for the fifth consecutive week, with the total amount reaching a record high of $255 million, representing 1.0% of total assets under…
Facebook Just Gave Up On Making Millions From NFTs – Meta Platforms (NASDAQ:META)
[ad_1] Meta Platforms Inc META, formerly known as Facebook, announced Monday that it will stop working on digital collectibles, also known as non-fungible tokens (NFTs), in order to focus on other ways…
TerraUSD Creator Under Investigation: Criminal Charges In the US Loom
[ad_1] The U.S. Department of Justice is reportedly investigating the collapse of TerraUSD LUNC/USD, a stablecoin created by South Korean crypto entrepreneur Do Kwon. This could potentially result in criminal…
Silicon Valley Bank Depositors Will Have Access To All Their Money, Say Regulators
[ad_1] Depositors of Silicon Valley Bank SIVB will have access to all their money starting Monday, according to regulators. The Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC), and Treasury Department…
BAILOUT: Feds Rescue Depositors Amid SVB Bank Collapse – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] The Federal Reserve Board on Sunday announced that it will provide additional funding to eligible depository institutions to help them meet the needs of all their depositors, a move…
Bank Makes Bid for Silicon Valley Bank, While Bitcoin, Ether and USDC Rebound
[ad_1] Bank of London presented an official offer on Sunday to acquire the U.K. subsidiary of Silicon Valley Bank SIVB. The offer was submitted by a group of top private…
U.K. Chancellor Jeremy Hunt Scrambles To Save Tech And Life Sciences Industries Following Silicon Valley Bank Failure – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] Over 200 U.K. firms in technology and life sciences have been left unable to pay staff due to the collapse of Silicon Valley Bank SIVB, which was shut down by…