The former CEO of BitMEX, Arthur Hayes thinks Bitcoin (BTC) has hit its bottom, saying, “The main part of careless companies has run out of […] Go to Source
Yearly archives: 2022
Dash 2 Trade Next 10x Crypto Raises $9.5 Million – Best Cryptocurrency to Buy Now?
Despite the fact that we are currently in the midst of a bear market, the Dash 2 Trade presale is growing rapidly. Let’s take a […] Go to Source
White House silent on whether it will return $5.2M in donations from SBF
White House press secretary, Karine Jean-Pierre, declined to answer questions from a reporter on whether United States president Joe Biden will return the $5.2 million in campaign donations previously given by FTX founder Sam Bankman-Fried. “Will the president return that donation?” Associated Press reporter Zeke Miller asked in a Dec. 13 press briefing, “does he …
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Binance US finally rolls out mobile payments service to US customers
United States crypto exchange Binance US has finally rolled out its Binance Pay service — some 22 months after the feature was launched by the global exchange to its customers outside the U.S. in 2021. The service, which had a beta version rolled out globally in Feb. 2021 for peer-to-peer payments which was expanded to include …
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Australian ‘token mapping’ consultation paper to release in early 2023: Treasurer
Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector has received greater attention from Australian regulatory and enforcement agencies since the FTX implosion, with the government emphasizing the importance of providing greater consumer protection laws as soon …
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Tether to reduce secured loans to zero in 2023 amid battle against FUD
The world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its reserves, saying it is “mission critical to restore faith” in the crypto market. In a Dec. 13 post, the stablecoin issuer addressed recent mainstream media FUD (fear, uncertainty, and doubt) concerning its secured loans, among other …
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Binance sees the largest outflow of stablecoins in 24 hours
Crypto exchange Binance faced the largest stablecoin (BUSD+USDT+USDC) outflows in 24 hours, amounting to $2.159 billion. Despite the recent wipeout, Nansen estimates that Binance still holds $30 billion worth of stablecoins, whereas the value of the total assets sits at $58.79 billion. The BUSD amount represents 26.38%, and the USDT amount represents 21.17% of the …
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SlateAsia #2 – Taiwan emerging as crypto-friendly hub in Asia
Sora Ventures’ move to Taiwan for the advantages it offers for blockchain and crypto companies, Taipei Blockchain Week, recent Binance FUD and more 26 min watch Updated: December 13, 2022 at 11:53 pm [embedded content] Highlights Jason’s recent move to Taipei, Taiwan for his venture capital firm, Sora Ventures The advantages of Taiwan as a …
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Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports
Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while plastic-based payment media has stagnated, registering a fall in use. Mobile Payments Keep Growing …
US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, …
FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail
On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional …
Using the Bitcoin Lightning Network to send money between the EU and Africa in fiat
The industry is still working to promote accessibility and global acceptance despite the current crypto cold. Users from different continents now have a way to […] Go to Source
Miami clings onto its crypto dreams as bitcoin’s price falls
Last spring, Miami Mayor Francis Suarez unveiled an 11-foot, 300-pound replica of the Wall Street bull made of black fiberglass, hailing it as a sign […] Go to Source
Investors Give Their Prediction for the Dogecoin Price In 2023
Dogecoin is the Memecoin with the greatest market capitalization in the cryptocurrency business and has dropped by more than 9% in value in the past […] Go to Source
Bitcoin and Ethereum Surge Today – What’s Driving Top Crypto Gainers?
Bitcoin has surged closer to $18k. At the time of writing, it is up to 3.73% in the last 24 hours. At the same time, […] Go to Source