April 2023 | Page 51 of 205 | Last Cryptocurrency News Feed

First Mover Asia: What’s Next After Bitcoin’s Retreat

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies. David Z. Morris is…

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OPNX CEO scolds claimed backers after some deny investing in the firm

OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company.

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Thodex Founder Extradited to Turkey After Disappearing with $2.6B User Funds

Faruk Fatih Özer – the founder of crypto exchange Thodex – has been extradited to his home country, Turkey, where he faces charges of fraud and operating a criminal organization. Thodex was one of the largest crypto exchanges in Turkey. It later turned out to be an exit scam, with Özer disappearing with $2.6 billion…

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Celsius auction has Gemini and Coinbase as new bidders: Report

Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. 124 Total views 3 Total shares Own this piece of history Collect this article as an NFTTwo new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction…

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Bitcoin price holding $27K could open buying opportunities in BNB, ADA, XMR and TON

Bitcoin (BTC) is on target to finish the week with a sharp fall of around 9%. This suggests that some traders may be booking profits in fear of a resumption of the downtrend. Analysts expect Bitcoin to reach the $26,600–$25,000 zone, where buying interest may pick up.When an asset emerges from a bear market, it…

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Hong Kong Court Declares Crypto to be Property in New Ruling

In a landmark ruling, Hong Kong’s High Court declared crypto as property that can be held in trust. This marks the first time such a decision regarding asset class has been made in the city-state. The ruling, which was handed down in liquidation of a case involving the now-defunct crypto exchange Gatecoin, essentially puts crypto…

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Zimbabwe’s central bank to issue gold-backed digital currency: Report

The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.

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Crypto Spot Trading Volume Reaches $2.8T in Q1 2023: CoinGecko

Bitcoin has shown immense resilience this year. While the overall rally hasn’t been smooth sailing per se, it holds significance as it came against the backdrop of the banking scandal. This essentially represented a shift in investor sentiment shifted toward viewing Bitcoin as a hedge against banks. According to the latest report by the market…

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Venezuelan BTC Miners Forced to Halt Operations Amid Anti-Corruption Investigation (Report)

The authorities of Venezuela have reportedly urged local bitcoin miners to temporarily halt operations while inspecting a major corruption scheme that could have drained up to $20 billion. People who are part of President Maduro’s inner cycle are suspected of orchestrating the crime that involved the national oil and gas company – Petróleos de Venezuela.…

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Crypto Fraudster Might Serve Seven Years in Prison for Allegedly Running a Shadow Bank

Damian Williams, the US attorney for the Southern District of New York, has requested a seven-year sentence for Reginald Fowler, the alleged executive in a crypto shadow banking business that operated in 2018. According to an April 18 filing, Fowler’s court case has dragged on for five years, and he is scheduled to be sentenced…