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US authorities to intensify scrutiny of crypto industry in 2023
5.1.2023
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight
French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloomberg
5.1.2023
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
5.1.2023
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers,...
Anyone Who Took Money From FTX Ought to Repay It
5.1.2023
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
5.1.2023
The largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
5.1.2023
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition
Controversial Marvel Snap Card Getting Nerfed, With More Tweaks Coming Later
5.1.2023
Marvel Snap’s latest round of balance changes hasn’t officially been released yet, but following a last-minute delay and leak, the info is out there. And players have begun debating one nerf in particular involving the controversial Leader card. For many, the leaked nerf details aren’t enough....
CME Crypto Trading Volume Slumped to 2-Year Low in December
5.1.2023
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
5.1.2023
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of...
Crypto Lender Genesis Lays Off 30% More of Its Staff
5.1.2023
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies
Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday
5.1.2023
Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday’s U.S. nonfarm payrolls numbers. Shiba inu was also in the green, after today’s gains. Dogecoin...
Crypto in 2023 — Do bulls have a chance? Watch Market Talks on Cointelegraph
5.1.2023
Join us as we discuss what 2023 holds for crypto. Hosting the show will be Cointelegraph’s head of markets, Ray Salmond, with special guest Mohit Sorout
Ethereum Price Prediction – How High Can ETH Go in 2023?
5.1.2023
ETH, the native cryptocurrency that powers the smart contract-enabled decentralized Ethereum blockchain, is consolidating on Thursday near the $1,250 mark after posting decent gains in the first few days of this week. Indeed, despite now having pulled close to 2% lower versus Wednesday’s highs...
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
5.1.2023
Silvergate today announced it was cutting down 40% of staff, amid major outflows from its platform
Crypto Lender Vauld Seeks to End Nexo's Purchase Agreement After Rejecting Revised Offer
5.1.2023
Cryptocurrency lender Vauld has rejected Nexo's revised acquisition proposal and is seeking to terminate the negotiation between the two firms
Bankman-Fried’s Alameda Research Joins Chorus Objecting to Binance Voyager Buy
5.1.2023
The $1 billion transaction has also been opposed by the Securities and Exchange Commission and Texas regulators
Sony Claims The PlayStation 5 Shortage Is Over In 2023
5.1.2023
If you or a loved one has been struggling to find a PlayStation 5 since its launch in 2020, Sony says the box should be easier to find in your store of choice in 2023.Read more
Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
5.1.2023
New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in
Crypto Layoffs: Here's the Grim Count Since April
5.1.2023
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
5.1.2023
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani...