Bitcoin Tops $18,000 as FTX Recovers $5B
Bitcoin surged to its highest price in a month, as traders are inspired by FTX asset recovery and possible inflation curb
Blockchain & Crypto - page 46
Avalanche Gains 20% in Hours After Amazon Partnership Announcement
Cryptocurrency Avalanche (AVAX) grew by 20% in just a few hours following Ava Labs joining the AWS Partner Network. In partnership with Amazon, Ava Labs rolled out a new infrastructure feature, making it easier to launch and manage Avalanche nodes.
Updates On Case Deciding the Future of Crypto
The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]
Alameda and Federal Regulators Try Opposing Binance Purchase of Voyager Assets
Binance.US has been granted permission to proceed with the purchase of Voyager’s assets. U.S. Bankruptcy Judge Michael Wiles in New York said that efforts will be made to expedite a U.S. national security review of the deal. U.S. crypto lender Voyager Digital announced that it had filed for bankruptcy back in July, 2022. Voyager drew […]
Novogratz: DCG Crisis Won’t ‘Include a Lot of Selling’
Galaxy Digital Holdings CEO Mike Novogratz believes Digital Currency Group’s (DCG) ongoing crisis won’t affect crypto prices significantly
U.S. Government Seizes SBF’s $465 Million in Robinhood Shares
Former CEO of FTX, the now-bankrupt cryptocurrency exchange and hedge fund, filed a request to keep his shares of trading platform Robinhood, in order to pay legal fees. The U.S. Department of Justice (DOJ) has now seized the shares, valued at roughly $465 million, as the stake wasn’t part of the FTX bankruptcy estate. Sam […]
Nebeus Crypto App Issues Its Debit Card
Nebeus, a financial app for crypto-holders, announced the launch of its first VISA-supported card.
Bitcoin Misconceptions Plague Peter Zeihan On Joe Rogan’s Podcast
American geopolitical strategist, speaker, and author of The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, Peter Zeihan had a lot to say about Bitcoin (BTC) on the Joe Rogan Experience podcast. And the cryptocurrency community is seething. Of the 2 hour long podcast, geopolitical strategist and author Peter Zeihan […]
Wyre Introduces Withdrawal Limits
San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”
Can We Trust Crypto Exchanges Following the Blowup of FTX?
The cryptocurrency market has experienced a sea change for many investors in the wake of the FTX bankruptcy and the subsequent arrest of Sam Bankman-Fried, the former CEO of FTX. The question for investors is whether they can continue to trust the cryptocurrency market. Historically, markets have faced bad actors. The managed money and hedge […]
Russia to Work on CBDC Settlement amid Ongoing Sanctions
Russia is moving forward with its digital ruble project in the first quarter of 2023, studying two possible CBDC cross-border settlement models
DeFi Projects were Main Attack Target in 2022, Expect More Hacks This Year
Reports show DeFi projects faced 113 hacking attacks in 2022, with a total of $950 million in losses
Customers of US Bank Silvergate Withdrawn Over $8bn of Crypto-Linked Deposits
Customers of the American bank Silvergate have withdrawn more than $8 billion from their cryptocurrency-related deposits. About 65% of Silvergate’s customers have withdrawn their deposits in the last three months of 2022. The bank sold its assets worth $5.2 billion. This decision was made by a financial institution to cover expenses. Also, the sale of […]
Cascade of Bankruptcies: Crypto Empire DCG Shuts Wealth-Management Division
Financial interplay, 30% staff layoffs, federal prosecution, suspended withdrawals, and a public feud between the founders. Another cryptocurrency conglomerate joins the growing list of troubled industry giants. With reportedly over $3.5 billion in assets, Digital Currency Group (DCG), parent company Grayscale Investments, crypto brokerage Genesis, and publication CoinDesk, closes its wealth-management division, HQ Digital. Investigation […]
Mastercard Launches Web3-Focused Incubator
Mastercard launches an incubator focused on web3.
What Is The Procedure For Exchanging Cryptocurrencies?
Knowing about the procedure of the entire exchange in cryptocurrency always helps the person. Many exchange platforms are available in the trade market, and the person is also interested in knowing the procedure in detail. Bitcoin-Prime can help a person to know about the entire procedure for the exchange. It is essential to be well-trained before […]
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