May 2023 | Page 13 of 211 | Last Cryptocurrency News Feed

US district judge sends matter of FTX independent examiner to appellate court

A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit. A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto exchange FTX to appellate court.In documents…

CoinDesk Feed

Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country

Bitcoin was trading at about 20% discount on Binance’s Australia arm on Tuesday, compared with rival exchanges, according to data from CCData.This comes after Binance Australia halted Australian dollar bank transfers earlier this month, citing its third-party payment service provider as the issue and said that it's working to find an alternative. Binance Australia will…

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Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development

Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country.“It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations in…

Cointelegraph Feed

SEC settles case against Wahi brothers for Coinbase insider trading

The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities. Former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi have agreed to settle charges of insider trading brought against them by the United States Securities and Exchange Commission (SEC), the agency announced onMay…

Cointelegraph Feed

Binance considers allowing traders to secure collateral at banks: Report

It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service. Cryptocurrency exchange Binance is reportedly exploring a potential solution to reduce counterparty risk by allowing some of its institutional clients to keep their trading collateral at a bank instead of on the crypto platform, according…

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NVIDIA Surpasses $1 Trillion Market Cap

Chip-manufacturing giant NVIDIA (NDVA) surpassed a $1 trillion market cap, bringing the company’s total value close to that of all cryptocurrencies in the world combined. The company’s stock opened at $405.96 on Tuesday, before rising as high as $416.39 by 9:50 am ET. The 6% pump marked a 52-week high for the company. Shares have…

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ChatGPT Has a Big Misconception About Bitcoin’s ATH Price

Although it was launched less than a year ago in its current version, ChatGPT has already made massive strides in the AI community and has become a go-to chatbot for countless questions and inquiries. However, it’s worth noting that the AI virtual machine is not perfect, makes certain mistakes, and cannot be trusted blindly. No,…

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Tenet Bonds With LayerZero to Push LSD Omnichain Adoption

Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with CryptoPotato, Tenet has forged a partnership with LayerZero aimed at boosting the adoption of LSDs. LayerZero, in turn, is an omnichain interoperability protocol that’s currently valued at over $3 billion.…

Bitcoin Magazine Feed

Sabre56 Announces New Partnership With GEM Mining To Host More Than 4,500 Bitcoin Miners

Sabre56, a Bitcoin mining hosting provider and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-grade Bitcoin mining company. The agreement entails Sabre56 hosting 4,510 BTC miners that belong to GEM in its newly constructed facilities in Wyoming. Half of the miners will come online in May, with the…

CoinDesk Feed

BRC-721E Token Standard Bridges Ethereum NFTs to Bitcoin Ordinals

A new blockchain token standard is allowing traders to convert their Ethereum-based non-fungible tokens (NFTs) to NFTs on the Bitcoin network.On Monday, Bitcoin Miladys, the Bitcoin-based derivative of the popular Miladys NFT collection, introduced its BRC-721E token standard in collaboration with Bitcoin-based NFT marketplace Ordinals Market and Bitcoin wallet Xverse. The token standard is said…