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Rumors of a new native ‘Twitter Coin’ emerge while Dogecoiners remain hopeful

December 6, 2022 by

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as “Twitter Coin.”

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US consumer watchdog probes crypto firms over deceptive ads

December 6, 2022 by

The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.

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Ripple CTO shuts down XRP conspiracy theory from ChatGPT

December 6, 2022 by

An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network’s code and has been ridiculed by the firm’s CTO.

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Kentucky to scrutinize contracts offering cheaper electricity to miners

December 6, 2022 by

An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.

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Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market

December 5, 2022 by

On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover.

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US House committee chair pushes back against SBF’s excuse to potentially delay testimony

December 5, 2022 by

“It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters.

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Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

December 5, 2022 by

BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5

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Nexo leaving US, says country lacks clear regulations

December 5, 2022 by

The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down.

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Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

December 5, 2022 by

Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.

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Metaverse comes in second place for Oxford’s word of the year

December 5, 2022 by

The term describing an internet-enabled virtual world lost to ‘Goblin mode’ in 2022 — “a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy.”

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Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov

December 5, 2022 by

“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.

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Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

December 5, 2022 by

Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.

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Treasury officials would have done more for national security by leaving Tornado Cash alone

December 5, 2022 by

Tornado Cash contributes to our national security interests more than it undermines them.

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Vitalik Buterin discusses his ‘excitement’ for the future of Ethereum

December 5, 2022 by

Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy.

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Malta prepares to revise regulatory treatment of NFTs

December 5, 2022 by

The revision seeks to remove nonfungible tokens from Malta’s Virtual Financial Assets Framework.

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How can UK-based businesses accept Bitcoin?

December 5, 2022 by

Through Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout.

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USDC issuer Circle terminates SPAC merger with Concord

December 5, 2022 by

The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.

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Brazilian crypto industry gets regulatory clarity amid global uncertainty

December 5, 2022 by

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.

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BTC price levels to watch as Bitcoin holds $17K into the market open

December 5, 2022 by

BTC price strength allows cautious Bitcoin traders outline targets above $17,500.

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Litecoin eyes $100 after ‘rare’ LTC price breakout

December 5, 2022 by

MoneyGram’s decision to integrate Litecoin into its crypto services and the coin’s upcoming halving event has served as catalysts behind LTC’s price rally.

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SEBA Bank partners with HashKey for institutional crypto adoption

December 5, 2022 by

The two firms will create solutions for institutional investors seeking to dive into the crypto ecosystem.

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Crypto layoffs trigger mixed responses from the community

December 5, 2022 by

From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs.

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Crypto community baffled by SBF dictating terms over congressional hearing

December 5, 2022 by

Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest.

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Audit firm Mazars to verify KuCoin’s proof of reserves

December 5, 2022 by

Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.

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Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

December 5, 2022 by

Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX.

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Pakistan launches new laws to expedite CBDC launch by 2025

December 5, 2022 by

The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years.

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‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week

December 5, 2022 by

Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts.

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Ripple files final submission against SEC as landmark case nears end

December 5, 2022 by

The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2.

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Chinese court says NFTs are virtual property protected by law

December 5, 2022 by

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.

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Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’

December 5, 2022 by

The Australian crypto exchange said while it had no exposure to FTX, it was “not immune” to its fallout.

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