Former SEC Insider Says Regulator Has ‘A Lot Riding’ on Case Against Ripple

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall says he’s “perplexed” by the SEC’s lawsuit against Ripple. The regulator sued the San Francisco-based payments company in December of 2020 for allegedly issuing XRP as an unregistered security and claims XRP remains an unregistered security to this day. In a new interview with the …

Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine ‘military operation’

Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Arguments both ways” for BTC price outlook News that Russia had launched a “special military operation” in Ukraine sent BTC/USD tumbling along with traditional markets, data from Cointelegraph Markets Pro and TradingView …

Trudeau revokes emergencies act powers but the case for crypto grows

Prime Minister of Canada Justin Trudeau has announced he will repeal emergency powers used to freeze $8 million from 210 bank accounts connected to Canadian ‘Freedom Convoy’ protestors, according to CBC news. On Feb. 24, Trudeau stated in a televised press conference that “we’re ready to confirm that the situation is no longer an emergency” …

Crypto Space Needs To Self-Regulate To Reduce Hacker Threat

HodlX Guest Post  Submit Your Post   Since 2016, an estimated $3.1 billion has been lost (excluding Africrypt and Bitconnect scams) to malicious actors attacking exchanges, DeFi protocols and marketplaces according to DeFiYield’s REKT database – with decentralized exchanges and DeFi protocols being the primary target. According to the analytics firm Crystal Blockchain, the number of …

Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction

NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104 CryptoPunks estimated to be worth around $30 million was canceled at the last-minute. The event, hosted by famous fine-goods auctioneer Sotheby’s, was on track to be one of the largest NFT auctions in history — up until …

Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine

Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine.  As the sun began to rise in Ukraine, the Russian army launched missiles around several areas of the country, including the capital of Kiev and the city of …

Crypto firm Amber Group hits $3 billion valuation in funding round 

Singapore-based crypto finance firm Amber has raised funding at a value of $3 billion with Singaporean state investment firm Temasek Holdings among the investors. Amber has been profitable since its inception with Amber Group achieving its unicorn status during its last fundraising round in June 2021. The firm launched its mobile app in the third …

Recent “phishing attack” drops OpenSea numbers

Activities on OpenSea have dropped considerably on the back of the recent phishing attack that saw its users lose around $3 million worth of their NFTs. OpenSea trading activities down According to available data from DappRadar, trading activities dropped by 37% to around $660 million, while the number of traders on the largest NFT marketplace …

GensoKishi started onboarding NFT projects to its 3D Metaverse

GensoKishi Online “META WORLD” is about to allow its user-generated content (UGC) feature to erupt–inviting projects to bring their NFTs to life in the MMO RPG game with a fully-functioning 3D Metaverse that connects players from around the world. The new GameFi version of the iconic game Elemental Knights, recently announced a collaboration with SoulZ, …

Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher

On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On the other hand, the price of gold has jumped 1.47% during …

Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’

The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares to Launch a Digital Asset Exchange The president of the Stock Exchange …

Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada

U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul …

BNY Mellon partners with Chainalysis to track users’ crypto transactions

The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets. Chainalysis is a blockchain-data analysis platform that offers services to traditional financial institutions, allowing large firms to manage the …

Bitcoin Price Prediction: BTC/USD Finally Crosses Below $37,000

Bitcoin Price Prediction – February 24 The Bitcoin price prediction becomes lower, with nearly all assets moving towards the negative side as the king coin breaks below $37,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD continues …

Data Says Bitcoin Holds Up To Macro Turmoil Better Than Altcoins

Bitcoin has not had the best couple of things and altcoins have been subjected to the same fate too. The market has continued to succumb to pressure being mounted by various social issues, from the Canada protests to the brewing conflict between Ukraine and Russia. In all of this, however, bitcoin has mounted better resistance …

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