Cryptocurrency news

• Bitcoin price enters 'transitional phase' according to BTC on-chain analysis

  06-03-2023 23:26 via cointelegraph.com
  
  BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
  
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• Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’

  06-03-2023 22:59 via cointelegraph.com
  
  The FTX Debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery.
  
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• Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision

  06-03-2023 22:50 via cointelegraph.com
  
  The court filing from Hermès on Friday stated that Rothschild had continued to promote his NFTs even after a nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and “cybersquatting.”
  
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• US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner

  06-03-2023 22:42 via cointelegraph.com
  
  The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
  
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• Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

  06-03-2023 22:30 via cointelegraph.com
  
  Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take.
  
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• Investor concerns persist as crypto investment products see 4th week of outflows

  06-03-2023 22:00 via cointelegraph.com
  
  According to CoinShares, outflows from crypto investment funds amounted to $17 million last week, marking the fourth consecutive week of outflows.
  
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• What to Do about Cryptocurrency – Boston College Law School ... - BC Law Magazine

  06-03-2023 21:59
  
  What to Do about Cryptocurrency – Boston College Law School ...  BC Law Magazine
  
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• Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020

  06-03-2023 21:30 via cointelegraph.com
  
  Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile.
  
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• Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report

  06-03-2023 21:00 via cointelegraph.com
  
  The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place.
  
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• New Enforcement Tools in Regulating Cryptocurrency | New York ... - Law.com

  06-03-2023 20:00
  
  New Enforcement Tools in Regulating Cryptocurrency | New York ...  Law.com
  
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• Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

  06-03-2023 19:45 via cointelegraph.com
  
  The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
  
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• Signature Bank warns its growth could be impacted if the ... - Crain's New York Business

  06-03-2023 19:05
  
  Signature Bank warns its growth could be impacted if the ...  Crain's New York Business
  
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• American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6

  06-03-2023 18:45 via cointelegraph.com
  
  Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week.
  
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• Lawmakers should check the SEC’s wartime consigliere with legislation

  06-03-2023 18:09 via cointelegraph.com
  
  Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s” Michael Corleone, according to the Cato Institute's Jack Solowey and Jennifer Schulp.
  
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• SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud

  06-03-2023 18:04 via cointelegraph.com
  
  The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for personal use.
  
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• BIS wraps exploration project on retail CBDC payment system

  06-03-2023 17:30 via cointelegraph.com
  
  The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds.
  
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• DigiFinex Cryptocurrency Exchange Announces Special Event with Competitive Transaction Fee - Yahoo Finance

  06-03-2023 16:53
  DigiFinex Cryptocurrency Exchange Announces Special Event with Competitive Transaction Fee  Yahoo Finance
  
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• Bitcoin traders eye $19K BTC price bottom, warn of 'hot' February CPI

  06-03-2023 16:47 via cointelegraph.com
  
  It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8.
  
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• Cryptocurrency Purchases Are Easy as You Think them to Be - GISuser.com

  06-03-2023 16:44
  Cryptocurrency Purchases Are Easy as You Think them to Be  GISuser.com
  
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• What are artificial intelligence (AI) crypto coins, and how do they work?

  06-03-2023 16:09 via cointelegraph.com
  
  Discover how AI crypto coins enable decentralized AI and ML networks for the secure, transparent exchange of data and value.
  
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• Is the IMF shutting the door prematurely on Bitcoin as legal tender?

  06-03-2023 15:01 via cointelegraph.com
  
  Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.”
  
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• Naira redesign no more: President’s directive canned by Nigerian supreme court

  06-03-2023 15:00 via cointelegraph.com
  
  The supreme court of Nigeria says no to naira redesign, rules the old banknotes to remain in circulation.
  
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• What Is Bitcoin? Everything You Need to Know About Cryptocurrency - American Football International

  06-03-2023 14:59
  What Is Bitcoin? Everything You Need to Know About Cryptocurrency  American Football International
  
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• Babel wants to repay creditors via special ‘recovery coins’: Report

  06-03-2023 14:45 via cointelegraph.com
  
  Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li.
  
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• Technical discussions take center stage at Advancing Bitcoin conference in London

  06-03-2023 14:39 via cointelegraph.com
  
  A look back on a highly technical Bitcoin conference hosted in London, in which ordinals, silent payments and the Lightning Network were studied and discussed.
  
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• Looking For The Next Cryptocurrency To Explode In 2023? Look No ... - Analytics Insight

  06-03-2023 13:09
  
  Looking For The Next Cryptocurrency To Explode In 2023? Look No ...  Analytics Insight
  
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• Here’s how Binance is mitigating its stablecoin needs after BUSD ban

  06-03-2023 12:54 via cointelegraph.com
  
  The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.
  
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• Bybit introduces Mastercard-powered debit card days after halting USD transfers

  06-03-2023 12:34 via cointelegraph.com
  
  Bybit is set to roll out Mastercard-powered debit cards, allowing users to pay for goods and services with cryptocurrency holdings.
  
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• Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities

  06-03-2023 12:07 via cointelegraph.com
  
  Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs.
  
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• Iran completes pre-pilot phase of central bank digital currency

  06-03-2023 11:30 via cointelegraph.com
  
  The Central Bank of Iran progresses with CBDC development in anticipation of the Bank of Russia’s governor Elvira Nabiullina’s visit.
  
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• Top 11 most influential women in tech history

  06-03-2023 11:07 via cointelegraph.com
  
  Explore the legacies of 11 women who broke barriers and made history in the tech industry.
  
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• BTC price 'in the chop zone' — 5 things to know in Bitcoin this week

  06-03-2023 10:47 via cointelegraph.com
  
  BTC price keeps traders and analysts in the dark as a week of macro triggers dawns, while Bitcoin network fundamentals plan new all-time highs.
  
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• BTC price ‘in the chop zone’ — 5 things to know in Bitcoin this week

  06-03-2023 10:47 via cointelegraph.com
  
  BTC price keeps traders and analysts in the dark as a week of macro triggers dawns while Bitcoin network fundamentals head toward new all-time highs.
  
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• How are crypto launchpads revolutionizing the DeFi industry?

  06-03-2023 09:35 via cointelegraph.com
  
  The Web3 capital ecosystem has its own version of accelerator programs in crypto launchpads. But are these beneficial models?
  
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• Top 10 Cryptocurrency Coins to Mine in the Year 2023 - Analytics Insight

  06-03-2023 09:11
  
  Top 10 Cryptocurrency Coins to Mine in the Year 2023  Analytics Insight
  
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• Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months - CoinDesk

  06-03-2023 09:00
  Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months  CoinDesk
  
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• Pakistan banks agree on blockchain-based KYC system development

  06-03-2023 08:30 via cointelegraph.com
  
  The blockchain-based national eKYC banking platform is aimed at strengthening anti-money laundering (AML) capabilities while countering terror financing.
  
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• Brazilian Tax Authority Numbers Reveal Cryptocurrency Market ... - Bitcoin News

  06-03-2023 07:34
  
  Brazilian Tax Authority Numbers Reveal Cryptocurrency Market ...  Bitcoin News
  
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• ‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism

  06-03-2023 07:19 via cointelegraph.com
  
  Yuga Labs' first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in the way it's conducting the auction.
  
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• 7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama

  06-03-2023 07:12 via cointelegraph.com
  
  DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama.
  
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• 7 DeFi protocol hacks in Feb see $21 million in funds stolen: DefiLlama

  06-03-2023 07:12 via cointelegraph.com
  
  DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama.
  
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• Cryptocurrency: The Capitalist's Dream or Nightmare? - Blockzeit

  06-03-2023 07:11
  
  Cryptocurrency: The Capitalist's Dream or Nightmare?  Blockzeit
  
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• Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

  06-03-2023 07:00 via cointelegraph.com
  
  "NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.
  
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• Bitcoin ATM firm profited from crypto scams via unlicensed kiosks: Secret Service

  06-03-2023 05:46 via cointelegraph.com
  
  52 crypto kiosks were seized in the investigation led by the U.S. Secret Service's Cyber Fraud and Money Laundering Task Force.
  
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• Bitcoin ATM firm allegedly profited from crypto scams via unlicensed kiosks: Prosecutor

  06-03-2023 05:46 via cointelegraph.com
  
  52 crypto kiosks were seized in the investigation led by the U.S. Secret Service's Cyber Fraud and Money Laundering Task Force.
  
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• Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts

  06-03-2023 04:45 via cointelegraph.com
  
  Tether has hit back at a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts.
  
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• Internal documents reveal Australia's potential timeline for crypto legislation: Report

  06-03-2023 04:29 via cointelegraph.com
  
  Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.
  
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• Snoop Dogg revealed as co-founder of Web3-powered livestream platform

  06-03-2023 04:01 via cointelegraph.com
  
  Snoop Dogg has had a considerable presence in the Web3 creator movement since NFTs first gained popularity in 2021.
  
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