The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions, particularly to uncover the sources of illegal funds. South Korea to Start Tracking Crypto Transactions in 1H South Korea’s …
Continue reading “Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months”
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big …
Continue reading “Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures “
Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan. 30 Financial Times report, two people familiar with Twitter’s plans said that the payments feature will support fiat currencies to start but be …
Continue reading “Elon Musk wants Twitter payments system built with crypto in mind”
Morgan Creek founder and CIO Mark Yusko says that Bitcoin (BTC) could be in the midst of shifting its trend as it gears up for the 2024 halving. In a new Crypto Banter interview, Yusko says Bitcoin may already be in a sideways accumulation phase after managing to recover the $18,000 price level. He also …
Crypto giant Binance is teaming up with financial titan Mastercard to launch the “Binance Card” in Brazil. In a new announcement, Binance, the world’s largest crypto exchange by trading volume, says it is committed to growing a relationship between traditional financial services and crypto. “Binance Card is part of our ongoing efforts toward evolving the relationship …
The lead developer behind Shiba Inu’s big ecosystem expansion is offering an initial glimpse at some of the first crypto projects that could launch on the network. Shiba Inu is building a layer-2 protocol on Ethereum that’s similar in concept to projects like Polygon, Arbitrum and Optimism. The protocol, called Shibarium, will allow people to …
The two people who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could have their identities revealed next month after a recent ruling by United States District Judge Lewis Kaplan. According to the Jan. 30 filing, Kaplan granted the application to reveal the names of the two individuals to the public. …
Continue reading “Sam Bankman-Fried’s $250M bail guarantors to be made public, says judge”
Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park. …
Continue reading “How Bitcoin mining saved Africa’s oldest national park from bankruptcy”
The two people who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could have their identities revealed next month after a recent ruling by United States District Judge Lewis Kaplan. According to the Jan. 30 filing, Kaplan granted the joint petition from eight media outlets to unseal the names of the …
Continue reading “SBF’s $250M bail guarantors should be made public, rules judge”
The smaller firm has complained about Grayscale’s promises around GBTC. 2 min read Updated: January 30, 2023 at 11:49 pm Cover art/illustration via CryptoSlate Digital asset manager Grayscale faces a lawsuit from its much smaller competitor, Osprey Funds, as seen in a Connecticut court filing dated Jan. 30. According to Osprey, Grayscale falsely promised to …
Continue reading “Grayscale faces lawsuit from rival Osprey over long-awaited ETF conversion”
Litecoin follows Bitcoin and Ethereum in terms of breaking above its realized price Definition Realized Price is the Realized Cap divided by the current supply. Quick Take On Jan. 29, Litecoin price exceeded its realized price of $94.30 Litecoin has been below its realized price since March 2022 Bitcoin and Ethereum both broke the resistance …
Continue reading “Litecoin breaks above its realized price after almost a year”
Sam Bankman-Fried wanted to connect in NYC. John Ray III didn’t respond. 2 min read Updated: January 30, 2023 at 11:20 pm Cover art/illustration via CryptoSlate Disgraced FTX CEO Sam Bankman-Fried attempted to meet with the firm’s replacement bankruptcy CEO John Ray III, according to a court filing dated Jan. 30. That filing disclosed a …
Continue reading “SBF tried to meet FTX replacement CEO John Ray”
The third most significant long Bitcoin (BTC) liquidation of 2023 occurred on Jan. 30, as over $160 million worth of BTC were liquidated in the last 24 hours, according to CoinGlass data. At the time of writing, data shows that a total of $160.69 million worth of BTC got liquidated in the last 24 hours. …
Continue reading “Bitcoin liquidations in last 24 hours top $160M”
Courts have determined that the bankrupt crypto lender can sell specific assets. 1 min read Updated: January 30, 2023 at 9:03 pm Cover art/illustration via CryptoSlate BlockFi has gained permission in bankruptcy court to sell its cryptocurrency mining equipment, Bloomberg reported Jan. 30. Bloomberg cited statements made by BlockFi representatives during a video hearing today.The …
Continue reading “BlockFi permitted to auction mining equipment”
Twitter CEO Elon Musk has enlisted a small team to explore how the social media giant could pivot towards digital payments and processing, which could include crypto, the Financial Times reported. The initiative is reportedly being spearheaded by Twitter’s director of product management, Esther Crawford, who led the recent and controversial introduction of Twitter Blue, …
