Category : Cryptocoins News

Cryptocoins News

How much money will Sullivan & Cromwell make from the FTX cryptocurrency

A story claims FTX's notorious legal team would profit hundreds of millions from the exchange's bankruptcy lawsuit. (Read More)

Custodia Bank's Application to Join Federal Reserve Rejected

Custodia, a digital asset bank, was denied membership in the Federal Reserve System. (Read More)

New York State Introduces Bill Allowing State Agencies to Accept Crypto

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Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth. (Read More)

Genesis Capital’s fall might transform crypto lending — not bury it

TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts. Is crypto lending dead, or...

US gov't $1.5T debt interest will be equal 3X Bitcoin market cap in 2023

The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices. Commentators believe that Bitcoin...

Prosecutors Claim Sam Bankman-Fried Tried To Influence Witness’ Testimony

Federal prosecutors have accused Sam Bankman-Fried of attempting to influence a witness in his criminal case.& The U.S. Attorney’s office has asked for stricter terms, including a communications ban.SBF reportedly used encrypted messaging apps t...

Hackers steal $750K after fake NFT link on Azuki’s Twitter account

The Azuki team managed to reclaim the Twitter account shortly after the attack. Data shows the hacker was able to steal over $750,000 from one wallet, while several others were drained of ETH, USDC and NFTs. The Azuki NFT collection brand has previo...

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking....

A Step-By-Step Guide to Understanding a Crypto Whitepaper

Do you know why most people lose money in every new crypto project they invest in? The answer is not wrong purchase timing or bad market conditions; it is the lack of understanding of the project. If you want to understand a crypto project, one of t...

Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics

Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance. Bitcoin (BTC) remains firmly “bullish” at $23,000, acc...

The new procedures included the requirement that all future code changes be approved by the DAO

"Aave V3" was launched in March 2022 and deployed on numerous EVM-compatible blockchains soon after. V3 helps consumers save money and enhance capital efficiency. It permits riskier collateral. (Read More)

DOJ says Bankman-Fried attempted to influence witness

US prosecutors argue that Sam Bankman-Fried tried to influence Ryne Miller, the General Counsel of FTX US. The former FTX CEO allegedly contacted Miller through encrypted instant messaging platform Signal and via email. The prosecution seeks to have...

CZ predicts ‘existential implications’ for anti-crypto traditional finance

While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades....

US prosecutors seek to ban SBF from Signal after alleged witness contact

It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller. Federal prosecutors ha...

Silvergate suspends dividends to preserve 'highly liquid balance sheet'

January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off 200 employees....

Hackers take over Azuki’s Twitter account, steal over $750K in less than 30 minutes

Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its...

Hackers breach Azuki’s Twitter account, stealing $758K in 30 minutes

Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its...

California DMV to digitize car title management system via Tezos

California DMV’s chief digital officer, Ajay Gupta, emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers....

Is Silvergate stock a ‘buy’ after it suspended preferred stock dividend?

Silvergate Capital Corp suspends dividend on its preferred stock. Wedbush Securities analyst reiterates his neutral& rating on “SI”. Silvergate stock is currently down over 85% since mid-August. Silvergate Capital Corp ended 5.0% do...

Total crypto market cap rises above $1T, and data suggests more upside is in store

Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsfl...

Total crypto market cap rises above $1T — data suggests more upside is in store

Bad news continues to dominate crypto media headlines, but Bitcoin and the broader market appear not to care. Despite the recent negative crypto and macroeconomic new...

Fed policy to align bank oversight could limit crypto activities by state banks

The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive....

5 reasons why the Aptos (APT) rally could still have wings

Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Aptos’ APT reached a new all-time high of $20.39 after p...

Aave deploys V3 on Ethereum after 10 months of testing on other networks

The new version includes features developers believe will increase capital efficiency and lower gas fees. The third version of the crypto lending app Aave has now been...

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