Circle blew the whistle on Binance reserves to NYDFS: Report
The company’s complaint to the New York regulator reportedly came before the SEC’s lawsuit against Paxos over BUSD and NYDFS ordering the firm to “cease minting” the stablecoin. New York…
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
The app is expected to cease operations on March 16, 2023. Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said…
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program. Last week, the United States Securities and Exchange Commission (SEC) reached an agreement…
9 crypto gifts for your Valentine’s Day date
Crypto gifts not only demonstrate love but also a shared interest in the exciting world of cryptocurrency and finance. For readers looking for unique, meaningful gifts for their valentine this…
Bitcoin Price Prediction for Today, February 13: BTC/USD Falls 0.46% to 21,431 Support
The Bitcoin price prediction sees a 0.46% decline over the past few hours as the cryptocurrency fails at $21,899 and could head lower. Bitcoin Prediction Go to Source
Paxos Says Its Prepared To Vigorously Litigate Over SEC’s Wells Notice
Paxos has categorically disagreed with the allegations made by the SEC in a recent notice. The Wells notice accused the BUSD issuer of violating investor protection laws by issuing the…
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million…
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit…
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
PRESS RELEASE. Abu Dhabi, 13 February 2023 — Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a…
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on…
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Elliptic’s analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar “characteristics of transactions” between the mixers. Blender, the cryptocurrency mixer…
ApeCoin leads in NFT and Metaverse market share, but are APE’s hefty staking rewards sustainable?
The ApeCoin ecosystem is progressing with games and brand-building, but the 100% APY reward for APE staking could eventually do more damage than good. In January, ApeCoin (APE) had an…
Infura is to blame for MetaMask’s violation of the crypto spirit
ConsenSys announced in November that Infura, MetaMask’s API provider, was collecting wallet and IP addresses from MetaMask’s users. Censorship resistance is the foundation of crypto, so for many cryptocurrency purists,…
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses. Cyber criminals used a variety of novel…
Fight Out Reaches $4.1 Million In Presale – Fitness Coin Is Pumping Iron
A new trend in digital fitness has emerged with the surging popularity of move-to-earn (M2E) apps, potentially transforming the traditional fitness industry. Market reports show Go to Source