Cryptocurrency news

• FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

  03-05-2023 23:48
  
  Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.
  
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• Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

  03-05-2023 23:46
  
  The California-based regional lender is weighing strategic options, according to Bloomberg.
  
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• Google DeepMind CEO Demis Hassabis says we may have AGI ‘in the next few years’

  03-05-2023 23:42 via cointelegraph.com
  
  The CEO of Google DeepMind says human-level AI could emerge before 2033 — an event that could radically alter how crypto trading bots and GPT-based tech functions.
  
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• Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

  03-05-2023 23:15
  
  Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters.
  
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• State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Tokens' and 'TruthGPT Coin'

  03-05-2023 23:05 via cointelegraph.com
  
  According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin".
  
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• State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Token' and 'TruthGPT Coin'

  03-05-2023 23:05 via cointelegraph.com
  
  According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin."
  
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• Bitcoin Market in Disarray, But Optimism Prevails With Two Narratives

  03-05-2023 23:00 via newsbtc.com
  
  The price of Bitcoin has seen a small uptick during today’s trading session, but the cryptocurrency has been unable to break the sideways trend. Today, the U.S. Federal Reserve (Fed) announced a 25 basis points (bps) rate hike, but uncertainty in the financial world remains king.
  As of this writing, Bitcoin (BTC) trades at $28,600 with sideways movement across the board. Other major cryptocurrencies in the top 10 by market capitalization have experienced similar price action except for XRP
  
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• Curve Finance Deploys Native Stablecoin on Mainnet

  03-05-2023 22:59
  
  The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.
  
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• NFTNYC 2023 Recap: Safeguarding NFTs – Insights from CEO of My Neighbor Alice Lenny Pettersson

  03-05-2023 22:49 via coinjournal.net
  
  My Neighbor Alice CEO, Lenny Pettersson, spoke at the three-day NFTNYC conference, which happened between April 12th and 14th, alongside other NFT projects and creators—sharing his insights with calmer than usual audiences to highlight the shifts in NFT for games, metaverse, as well as the importance to protect NFTs from falling in price.
  Speaking on the recent uptrend in investing in collectibles and gaming assets, Lenny has highlighted how blockchain games are now at the forefront and eq
  
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• Bitcoin Falls Slightly After Fed Rate Hike

  03-05-2023 22:48
  
  BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings.
  
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• Robinhood returns to court to defend position in case brought by US state regulator

  03-05-2023 22:40 via cointelegraph.com
  
  The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards.
  
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• Digitalization won’t displace commercial bank money any time soon: Moody’s

  03-05-2023 22:21 via cointelegraph.com
  
  Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new forms of money, the credit rating agency said.
  
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• Binance Keeps Top Billing in Provider Ranking of Cryptocurrency Apps - PYMNTS.com

  03-05-2023 22:07 via news.google.com
  Binance Keeps Top Billing in Provider Ranking of Cryptocurrency Apps  PYMNTS.com
  
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• FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

  03-05-2023 22:00 via newsbtc.com
  
  According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper valuation for the tokens is now worth $1 billion.
  The sale of the warrants and preferred stock is significant for FTX, providing additional funding to support its operations and expansion. FTX has been gaining traction in the cryptocurrency marke
  
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• AltSignals is 63% sold out as the hunt for new tokens takes SUI tokens to new heights

  03-05-2023 21:53 via coinjournal.net
  
  AltSignals presale is now 63% complete as investors camp on new tokens
  $ASI, the native token, will power ActualizeAI, an AI-based signal service
  $ASI could rise by 1,000% after listing on exchanges as more investors access the token
  AltSignals upcoming token $ASI, currently in the first phase of the presale, is 63.85% sold out. The quick sell-off of the token that will power an AI trading signal service by AltSignals underlines investors’ growing appetite for new tokens. $ASI will be the
  
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• RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race

  03-05-2023 21:33
  
  Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.
  
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• Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

  03-05-2023 21:33
  
  Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.
  
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• Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange

  03-05-2023 21:32
  
  Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday.
  
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• The Fed has little ammo left as $30K Bitcoin price becomes key battle line

  03-05-2023 21:20 via cointelegraph.com
  
  BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested.
  
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• French Senate proposal would allow influencers to promote cryptocurrency

  03-05-2023 21:15 via cointelegraph.com
  
  The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services.
  
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• Sotheby’s launches on-chain secondary NFT marketplace: Nifty Newsletter, April 26–May 2

  03-05-2023 21:00 via cointelegraph.com
  
  Sotheby’s marketplace will attempt to set itself apart by presenting a range of artists curated by experts from the auction house.
  
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• Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

  03-05-2023 21:00 via newsbtc.com
  
  The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet.
  Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently
  According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive supply” is an indicator that measures the total percentage of the Bitcoin supply that hasn’t moved on the blockchain since at least one yea
  
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• Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

  03-05-2023 20:24
  
  This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.
  
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• French Senate proposal would allow influencers to promote cryptocurrency - Cointelegraph

  03-05-2023 20:15 via news.google.com
  French Senate proposal would allow influencers to promote cryptocurrency  Cointelegraph
  
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• Securities token platform launches MPC wallet for institutions

  03-05-2023 20:14 via cointelegraph.com
  
  The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it.
  
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• Federal Reserve Raises Fed Funds Rate by 25 Basis Points

  03-05-2023 20:14
  
  This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.
  
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• SUI Plummets Over 30% As Trading Goes Live On Exchanges, What Went Wrong?

  03-05-2023 20:00 via newsbtc.com
  
  SUI, one of the long-awaited blockchain token projects in the crypto community, finally launched earlier today. However, contrary to expectations, SUI has recorded a significant plunge in price as the trading went live on multiple exchanges. 
  Over the past 4 hours since its launch, the token has declined by more than 30%. This price action disappointed traders who expected the token to only record a continuous upward trend following its launch, as often happens during these events.
  Trading
  
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• Dogecoin and DigiToads leading the charge as meme coins disrupt the crypto market

  03-05-2023 19:57 via coinjournal.net
  
  DigiToads is currently conducting a presale of its native token, TOADS.
  At press time, the current presale stage Lilypad 5 was 83.84% sold out.
  A single TOADS token is currently going for $0.024.Meme coins might have taken their sweet time to enter the crypto hall of fame, but there’s no denying that they still have a long way to go. Inspired by viral internet memes, meme coins are edging ahead to establish themselves as a quality mainstream financial instrument. 
  Take the example of
  
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• Mashinsky files motion to dismiss NY AG suits, says it ‘parrots misinformation’

  03-05-2023 19:40 via cointelegraph.com
  
  Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things.
  
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• Mashinsky files motion to dismiss NY AG suit, says it ‘parrots misinformation’

  03-05-2023 19:40 via cointelegraph.com
  
  Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things.
  
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• Amidst a Regression, Here's How Cryptocurrency Will Impact the ... - Entrepreneur

  03-05-2023 19:30 via news.google.com
  
  Amidst a Regression, Here's How Cryptocurrency Will Impact the ...  Entrepreneur
  
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• Bhutan takes steps to set up green cryptocurrency mining operation: Report - WION

  03-05-2023 19:14 via news.google.com
  Bhutan takes steps to set up green cryptocurrency mining operation: Report  WION
  
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• US lawmakers introduce bipartisan bill proposing ban on members investing in 'financial instruments'

  03-05-2023 19:10 via cointelegraph.com
  
  Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks.
  
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• More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event

  03-05-2023 19:00 via newsbtc.com
  
  As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular charting platform, has tracked liquidity movements on the BTC/USDT Binance order book. Their observations have led them to believe that the recent dip in Bitcoin’s price may extend.
  Liquidity refers to the amount of Bitcoin available for trading
  
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• Fuse blockchain pledges $10M for ecosystem development

  03-05-2023 18:43 via cointelegraph.com
  
  Grants valuing between $5,000 and $25,000 will be allocated to qualifying project teams.
  
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• Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

  03-05-2023 18:41 via cointelegraph.com
  
  Bitcoin and select altcoins are showing a continuation pattern, indicating indecision among the bulls and the bears.
  
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• I Owe Brian Armstrong an Apology

  03-05-2023 18:36
  
  With Coinbase under pressure from the SEC's scattershot enforcement, it's time to reassess the most boring cryptocurrency exchange on the planet.
  
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• ChatGPT could be worse than cryptocurrency when it comes to scams - TechRadar

  03-05-2023 18:29 via news.google.com
  
  ChatGPT could be worse than cryptocurrency when it comes to scams  TechRadar
  
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• Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

  03-05-2023 18:23
  
  The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.
  
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• What are convolutional neural networks?

  03-05-2023 18:15 via cointelegraph.com
  
  Convolutional neural networks (CNNs) are a class of deep neural networks widely used in computer vision applications such as image recognition.
  
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• Best Cryptocurrency 2023: TMS Network (TMSN) Beating Competitors Litecoin (LTC) and Aptos (APT) | - Bitcoinist

  03-05-2023 18:04 via news.google.com
  Best Cryptocurrency 2023: TMS Network (TMSN) Beating Competitors Litecoin (LTC) and Aptos (APT) |  Bitcoinist
  
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• Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?

  03-05-2023 17:56 via newsbtc.com
  
  May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February.
  Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained bearish for most of the 2023 first quarter. And BTC’s impressive price movements in April were still not enough to awaken Polygon bulls, as bears remained adam
  
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• PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

  03-05-2023 17:54
  
  The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.
  
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• Crypto Innovation and Regulation Should Be Partners, Not Adversaries

  03-05-2023 17:49
  
  Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
  
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• Blockchain Association Leaves New York as Federal Regulatory Fight Looms

  03-05-2023 17:46
  
  The advocacy group will refocus its efforts on petitioning regulators and officials in Washington.
  
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• A Closer Look at Market Cap-Weighted Crypto Portfolios

  03-05-2023 17:41
  
  Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives.
  
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• Innovation and Regulation Should Be Partners, Not Adversaries

  03-05-2023 17:35
  
  Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
  
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• PEPE Memecoin Liquidity Pool Becomes Most Active on Uniswap

  03-05-2023 17:22
  
  The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.
  
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• Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide

  03-05-2023 17:18
  
  The law on promotions is set to come into effect around four months from now, the finance ministry has said.
  
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• Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

  03-05-2023 17:12
  
  Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.
  
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