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The Fall Of Bitcoin In The Central African Republic: Why This Legal Tender Experiment Failed
Just a year after making bitcoin legal tender, the Central African Republic (CAR) abandoned its plans to revitalize its country. Why? This is an opinion edit…
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'Good luck bears' — Bitcoin traders closely watch April close with BTC price at $29K
Bitcoin approaches the end of April barely moving as BTC price offers little short-term clues on trajectory. from Cointelegraph.com News https://ift.tt/pad…
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YouTube helps recover hacked channel that attempted XRP crypto scams
YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers. from Cointelegraph.com News …
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First Republic’s crisis is not an isolated incident - suggests JPMorgan exec
The CIO of JPMorgan Asset Management said it’d be “naive to say that this is just limited to First Republic.” from Cointelegraph.com News https://ift.tt/dH…
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FDIC pins Signature Bank's failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk managemen…
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Visa stablecoin plan, debt’s ceiling effect on Bitcoin price: Hodler’s Digest, April 23-29
Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more. from Cointelegraph.com News…
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Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. from Cointeleg…
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Elon Musk introduces Twitter monetization avenues for content creators
The latest user-centric revamp is targeted at improving follower engagement and creating new revenue streams on the social media platform. from Cointelegra…
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Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Sen…
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Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as w…
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Venmo will enable fiat-to-crypto payments in May
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address. from Cointelegraph.com News https://i…
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Tax law researchers propose IRS framework for deducting crypto losses
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. from Cointelegraph.…
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'The war room was despondent' — Scaramucci recounts FTX collapse at Consensus
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse. from Cointelegraph.com News https://ift.tt/cN7FDuL
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Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app. from Cointelegraph.com News https://ift.tt/Y…
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Greenidge Generation Completes Deployment Of 9,150 Bitcoin Miners Of Which 6,914 Will Be Hosted With Core Scientific
The agreement is set to bring approximately $7.5 million of annual revenue according to Greenidge CEO Dave Anderson. Greenidge Generation Holdings Inc. has s…
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US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues of agency turf wars and regulator fitness in hearings on regulatory gaps. from Cointelegraph.com News https://ift.tt/M…
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Ether price holds $1,820, but pro traders are skeptical about further gains
Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000. from Cointelegraph.com News https:…
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Bitcoin ATM Provider CoinFlip Launches New Olliv Self-Custody Platform
The exchange will be primarily focused on education and the onboarding of newcomers. CoinFlip , a major bitcoin ATM provider, has launched a self-custody-powe…
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Metaverse division's $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023. from Cointelegraph.com News https://ift.tt/Apho4WR
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MeWe social network with 20M users to integrate with Polkadot parachain
The integration is built on DSNP, a protocol created by Project Liberty. from Cointelegraph.com News https://ift.tt/vN4mQfh
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Elizabeth Warren wants the police at your door in 2024
Senators Elizabeth Warren and Roger Marshall want to make your crypto wallet illegal — and their plan runs contrary to the principles they campaigned on. f…
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Silicon Valley-based tech accelerator expands its digital asset vertical to France
Plug and Play Tech Center will add crypto and digital assets to the list of verticals in its Paris office, where it will help startups network with consumer b…
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Web3 social media protocol launches ‘layer 3’ to provide instant posts
The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data. from Cointelegraph.com News https…
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CertiK to launch compensation plan for $2M Merlin DEX exploit
The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty. from Cointelegraph.com News https:…
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Third time’s the charm? ARK and 21Shares again file with SEC for Bitcoin ETF
Cathie Wood’s ARK and crypto investment firm 21Shares are tripling down on their attempt to get approval to create a spot Bitcoin ETF in the U.S. from Coin…
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FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale. from Coint…
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Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment
The parties got the go-ahead on the deal last week, after overcoming several objections. Binance.US did not say what compelled it to change its mind now. f…
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Amboss Raises $4 Million In Seed Funding For Lightning Network Products, AI Research
The company plans to use the funding to further its AI research and product development for Lightning tools. Amboss Technologies , a data analytics firm focus…
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Bitcoin’s price is down 10% — New bear market or correction?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if the latest price of Bitcoin is a sign of a new bear market starting …
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Jack Dorsey’s Bitcoin Legal Defense Fund Prepares For Case That Could Have Wide Ramifications For Open-Source Developers
A court case initiated by Craig Wright against 13 Bitcoin Core developers could change the way the law views open-source development. The Bitcoin Legal Defens…
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Coinbase files court action to compel SEC’s response to rulemaking petition
Coinbase is looking to force the United States Securities and Exchange Commission to respond to its rulemaking petition seeking rules for the crypto industry,…
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District 9 director’s shooter, Decentraland red-light district battle: Web3 Gamer
Trouble in Decentraland’s red light district, “no mercy” for Vulcan Forged autoclickers, District 9 director’s immersive blockchain shooter. from Cointeleg…
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Draft bill suggests separating legislation on payment stablecoins and digital asset markets
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well …
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Ordinals Finance has conducted a $1M rug pull: CertiK
The DeFi protocol appears to have erased its social media presence after news of the alleged exit scam broke. from Cointelegraph.com News https://ift.tt/pY…
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President Biden's New Communication’s Director Owns $50k-$100k Worth Of Bitcoin
According to a disclosure, Ben Labolt owns at least one bitcoin, and will be unable to serve in relation to matters related to past clients. President Biden’s…
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Ether price struggles to maintain support as regulatory challenges and network issues weigh
Ether options volume hints at bearish sentiment as the $1,850 support falters. from Cointelegraph.com News https://ift.tt/7nspfrz
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WEF’s promo video shows Bitcoin mining, but leaves out the B-word
The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention. from Cointelegraph.c…
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US Treasury seeks to tighten nonbank rules following banking crisis
Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability. from Cointelegraph.com N…
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SEC wins $2.8M in suit over alleged crypto token price manipulation
Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme. from Cointele…
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OPNX CEO scolds claimed backers after some deny investing in the firm
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company. from Cointelegrap…
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Celsius auction has Gemini and Coinbase as new bidders: Report
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. from Cointelegraph.…
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Bitcoin price holding $27K could open buying opportunities in BNB, ADA, XMR and TON
Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom. from Cointelegraph.com News https://ift.tt…
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How to play and earn in CryptoKitties
CryptoKitties is a blockchain-based game where players can buy, sell and breed digital cats with unique attributes. from Cointelegraph.com News https://ift…
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Biden's comms director barred from former crypto clients: Report
Decentralized exchange UniSwap and venture capital firm Andressen Horowitz were revealed as former clients of LaBolt in a recently published public financial …
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China and Singapore team up to scale green and transition financing
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon …
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SBF’s lawyers unable to tap his parent’s phones to meet bail conditions
The new cell phones purchased for Bankman-Fried's parents cannot "automatically photograph the device's users every five minutes as required by t…
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Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin. from Cointelegraph…
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Trust Wallet to reimburse users after $170,000 security incident
The vulnerability impacted wallet addresses created through the browser extension between November 14-23, resulting in nearly $170,000 in losses. from Coin…
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Former US Secret Service asst. director: Keep personal info of FTX users private
Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed. fro…
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Innovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and DeFi should program in some compliance. from Coi…
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Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking t…
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North Carolina House Introduces Bill That Would Prohibit Payment To The State In Bitcoin
House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin. The General Assembly of Nort…
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Price analysis 4/21: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and select altcoins have fallen below their respective support levels, a worrying sign that the bulls could be losing their grip. from Cointelegrap…
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'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge's authority, tweeting pictures of himself on a beach during an ordered…
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Former Ethereum miner CoreWeave raises $221M in Series B
The company ceased its Ether mining operations long before the Merge Upgrade was completed. from Cointelegraph.com News https://ift.tt/Y5KEVrg
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Bitcoin Racing Team Will Put Bitcoin In Front Of Millions Of Racing Fans In The Porsche Carrera Cup
Bitcoin Racing Team has entered Sebastian Melrose into the Cup, which will be watched by millions of fans. Bitcoin Racing Team has entered Netflix star driv…
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