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Stargate foundation advises DAO against reissuing STG tokens
14.3.2023
The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’
14.3.2023
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, also paves the way for central bank digital currencies (CBDCs). Emphasizing that this bill...
Bitcoin surges past $24,000 on CME launch of BTC event contracts
13.3.2023
Bitcoin futures on CME have traded 550,000 contracts since inception
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum
13.3.2023
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following...
Okcoin suspends USD deposits in wake of Signature Bank closure
13.3.2023
U.S. dollar withdrawals on Okcoin are not affected by the suspension
314M USDC sent to null address as redemptions begin: Report
13.3.2023
The token is on the verge of restoring to its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior
Fan Tokens: A Bet on Your Favorite Soccer Team?
13.3.2023
Does the performance of soccer team tokens align with on-the-pitch performance? Max Good, from CoinDesk Indices’ team, breaks down the match stats
Circle taps Cross River as banking partner, expands ties with BNY
13.3.2023
Circle announced a new banking partner after Silicon Valley Bank’s failure and is expanding ties with BNY Mellon
Bank of Russia Registers Another Digital Asset Issuer
13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...
Binance Trains Ukraine’s Cyberpolice and Security Service
12.3.2023
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiatives over the past year, in a number of countries. Binance Provides Crypto Training to Security...
Watch these 5 cryptocurrencies for a potential price rebound next week
12.3.2023
Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON, and OKB may witness a strong recovery
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation
12.3.2023
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced...
Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin
12.3.2023
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume...
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
11.3.2023
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price
Breaking: USDC slowly repegs on unconfirmed reports of SVB resolution
11.3.2023
According to insiders, 50% of uninsured deposits will be paid out by next week
Failed tech bank SVB held over $5B for prominent crypto VCs: Report
11.3.2023
It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
11.3.2023
The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain reaction
Aavegotchi bonding curve closes on exact day of DAI depeg
11.3.2023
The price of GHST was supported by that of DAI stablecoin for over two years
Maker DAO files emergency proposal addressing 3.1B USDC exposure
11.3.2023
"Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
11.3.2023
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions...