Cryptocurrency News
- SpankPay crypto payment service shutters, citing 'hostile banking environment
by Stephen Katte on March 21, 2023 at 6:38 amSpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum-based adult entertainment platform SpankChain is shuttering […]
- US exploring ways to guarantee the country's 18T of bank deposits: Report
by Brian Quarmby on March 21, 2023 at 5:57 amThe current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount. U.S. officials are reportedly studying ways to expand the current scope of deposit […]
- Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
by Jesse Coghlan on March 21, 2023 at 5:45 amMillions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute. A $20 million settlement between Bitcoin (BTC) miner Core Scientific […]
- Crypto.com customer accused of $7M spending spree granted bail
by Brayden Lindrea on March 21, 2023 at 5:39 amThe Judge explained that prison time wasn’t necessary because Singh couldn’t flee without his Indian passport or being able to apply for a new one. The Crypto.com customer who was accidentally sent $6.95 million […]
- DefiLlama resolves internal strife, sends LLAMA token plans alpaca'n
by Brian Quarmby on March 21, 2023 at 2:25 amAfter resolving the issue internally, the forked variant of its analytics platform now redirects to the official website. Decentralized finance analytics platform DefiLlama appears to have resolved the internal […]
- Euler Finance to enter talks with exploiter over the return of funds
by Brayden Lindrea on March 21, 2023 at 1:36 amThe flash loan exploiter claims they have “no intention of keeping what is not ours” and wants to “come to an agreement” with Euler Finance. Ethereum-based lending protocol Euler Finance could be a step closer […]
- Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high
by Stephen Katte on March 20, 2023 at 11:17 pmSentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. The Crypto Fear and Greed Index has hit its highest index score this year, […]
- Mastercard to settle transactions for stablecoin wallet in APAC
by Helen Partz on March 20, 2023 at 11:00 pmMastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted. Global payment provider Mastercard is launching a stablecoin […]
- Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform
by Judith BannermanQuist on March 20, 2023 at 9:58 pmThe new NFT Private Offering platform will enable users to mint nonfungible tokens and soulbound tokens while maintaining the privacy of their crypto assets. Zero-knowledge layer 1 blockchain Manta […]
- IMF examines CBDC design in context of Islamic banking, finds some risks magnified
by Derek Andersen on March 20, 2023 at 9:44 pmA central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected. A central bank digital currency can impact monetary policy by increasing money velocity, […]
- Coinbase pauses support for Signature Bank’s Signet: Report
by Turner Wright on March 20, 2023 at 9:00 pmThe U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature. More than a week after New York regulators closed the crypto-friendly […]
- In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.
by David Attlee on March 20, 2023 at 8:30 pmA week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. A week after the twinning collapse of Silicon Valley Bank (SVB) and […]
- Bank collapses are spurring interest in self-custody startups
by Jan Strandberg on March 20, 2023 at 8:20 pmThe implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper. The collapses of Signature Bank and Silicon Valley Bank have left many people in disbelief, with […]
- Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K
by Marcel Pechman on March 20, 2023 at 7:30 pmBitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum. The price of Bitcoin (BTC) surpassed $28,000 on […]
- Belgian FSMA surveys crypto investors before taking on new ad regulation authority
by Derek Andersen on March 20, 2023 at 7:15 pmCrypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval. The Belgian Financial Services and Markets […]
- Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets
by Ezra Reguerra on March 20, 2023 at 6:44 pmCrypto analyst Scott Melker talked about his journey as a trader and how he found the crypto space while working as a DJ. Scott Melker, commonly known in the crypto space as “The Wolf of All Streets,” tells the […]
- Polygon, Immutable zkEVM to tackle ‘huge incumbents exploiting players’
by Jesse Coghlan on March 20, 2023 at 6:20 pmWeb3 gaming developers will be able to build on a new zero-knowledge Ethereum Virtual Machine that aims to increase ownership rights for players and take on the big gaming corporations. Gaming developers are getting a […]
- Price analysis 3/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
by Rakesh Upadhyay on March 20, 2023 at 6:19 pmBitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility. The takeover of the ailing Credit Suisse bank by UBS boosted […]
- Blockchain gaining adoption in more than just DeFi: Report
by Cointelegraph Research on March 20, 2023 at 5:14 pmBlockchain and other distributed ledger technologies are being adopted in many areas beyond DeFi and the metaverse. Anyone familiar with the blockchain industry knows that decentralized finance (DeFi) is one of the […]
- GameFi project Gala files $28M lawsuit against pNetwork
by Zhiyuan Sun on March 20, 2023 at 4:51 pmThe lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. On March 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, […]