Bitgrin Minted Billions of Tokens Despite 21M Supply Cap, CoinMarketCap Warns
The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG.
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CME Futures Partner Releases First Regulated Bitcoin Cash Futures
Cryptocurrency trading platform Crypto Facilities has added Bitcoin Cash (BCH) to its list of futures products, announcing in a press release that the product would go live at 4PM BST Friday, August 17. Crypto Facilities, which rose to prominence when it partnered with CME Group on its first-of-its kind Bitcoin futures in December 2017, said…

Celsius CEO plans to restructure firm to focus on crypto custody: Report
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July. 213 Total views 19 Total shares Crypto lending platform Celsius, currently in the middle of bankruptcy proceedings, reportedly plans to rebuild around crypto custody services.According to a Tuesday report…

Crypto ahead in fintech investments in France and Germany in 2023: Report
Europe experienced a 50% fall in fintech investments in the first half of 2023. 97 Total views 7 Total shares In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. According to the report “State of European FinTech”

Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
The crypto market continues to search for scaling solutions as decentralized finance (DeFi) applications struggle with surging fees, but some alternative solutions are piquing investors' interest. For example, Nervos Network has enticed investors' appetites with a 341% rally in a month. The project also carries the Chinese government's stamp of approval, further increasing the odds for…

US Senate confirms Michael Barr as Fed vice chair for supervision
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs. 92 Total views 2 Total shares The United States Senate has confirmed the nomination of law professor Michael Barr to become the next…

Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve
The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETH) 1.6% gains for the week are far from encouraging.To date, the total crypto market is down 43% in just two…

Will Bitcoin price reclaim $95K before the end of March?
Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin's

US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The United States House of Representatives Committee on Financial Services requested Facebook and its partners to stop the development of the Libra stablecoin.In a July 2 letter addressed to Facebook CEOs Mark Zuckerberg and David Marcus, and COO Sheryl Sandberg, the lawmakers request that Facebook and its partners immediately agree to a moratorium on the…