May 2023 | Page 12 of 211 | Last Cryptocurrency News Feed

Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say

The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped. United States prosecutors will drop some of the charges against former FTX CEO Sam Bankman-Fried if the Bahamas government objects to them, according to a document filed on May 29 in the U.S.…

Cryptocurrency News Feeds

CZ Lists Reasons Why Binance Decided Not to Buy a Bank

Following increased regulatory action from the SEC and other local and global watchdogs, members of the crypto community have been worrying about the industry’s future relationship with the banking sector. Pivot to Europe in The Cards The restlessness surrounding future crypto regulation was amplified following the collapse of both Signature Bank and Silvergate Bank, both…

Cryptocurrency News Feeds

With Shiba Inu (SHIB) Leaning Bearish, Attention to Wall Street Memes Token Soars

Shiba Inu (SHIB) investors are bracing themselves for a bearish wave, as several market analysts are now predicting a downturn for this popular meme coin. SHIB is now trading 45% lower than the high of February 4 – with the price chart hinting that further downside is highly likely. However, amid the gathering storm around…

Bitcoin Magazine Feed

Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay

Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company marks the company’s expansion into the energy sector as part of its goal to become a global tech leader. By investing in…

CoinDesk Feed

Web3 Payments Firm Transak Raises $20M

Web3 payments startup Transak has raised $20 million in a Series A funding round led by early-stage venture capital firm CE Innovation Capital. The new capital will be used toward a continued global expansion and to help build out the onboarding solutions, including those for Web3 games and financial applications, according to a press release…

CoinDesk Feed

Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee

A Texas state bill that would have limited bitcoin miners' participation in cost-saving grid programs has not moved past a committee in the state House of Representatives, meaning its progress has been halted.Bill SB 1751 passed through the state Senate unanimously in April. It would have limited bitcoin miners' participation in demand response programs –…

CoinDesk Feed

CoinDesk Turns 10: 2021 – The Year Bitcoin Became Salvadoran

The defining crypto story in 2021 came to us by way of Strike founder Jack Mallers and this teary-eyed proclamation at Bitcoin Magazine’s Bitcoin Conference in Miami that July.El Salvador President Nayib Bukele had just told attendees via video-link that he planned to make bitcoin a legal tender – the first country to take this…

CoinDesk Feed

Should Russia Bolster or Ban Bitcoin?

Another country is waffling on blockchain. Russia, the belligerent nation led by an egomaniac, has allegedly ditched plans to build a national cryptocurrency exchange, according to local reports surfaced to Crypto Twitter by Wu Blockchain’s Colin Wu. Instead, the country will write rules allowing the private sector to operate crypto exchanges, State Duma member Anatoly…

CoinDesk Feed

Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges

The U.S. Securities and Exchange Commission settled charges with a former Coinbase (COIN) product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.The former product manager, Ishan Wahi, and his brother, Nikhil Wahi, were arrested last year on charges of wire fraud conspiracy…

Cointelegraph Feed

Bitcoin on-chain and options data hint at a decisive move in BTC price

Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June.The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the…