Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.US dollar strength reemergesNotably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket of top foreign currencies, has risen 4% from its Feb. 3 low of 100.82,…

Sophisticated malicious outfits are keeping up with current trends, turning their sights on crypto users following the bankruptcy of FTX. 88 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTProfessional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in…

The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure. 190 Total views 3 Total shares Amid growing concerns over centralized cryptocurrency exchanges in the wake of the FTX crisis, investors are increasingly moving to hardware crypto wallets.A…

French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov.

Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over.BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading.With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency has a…

The new NFT trading platform already seems to be making waves just days after its launch. 799 Total views 14 Total shares Daily volume on NFT marketplace LooksRare has already exceeded $394 million following the platform’s official launch on Jan. 10.The platform was able to bring in this customer base by offering only 2% fees…

Israeli blockchain tech developer Kirobo is set to launch a P2P token swap solution it claims is cheaper than using exchanges and over-the-counter parties. 317 Total views 5 Total shares Israeli blockchain tech developer Kirobo is launching a decentralized P2P token swap solution. According to the company the protocol, dubbed “Atomic Safe Swap,” offers a…

Venezuela’s new crypto bill, which establishes а legal framework for the industry, officially came into force on Jan. 31. The decree was published in the government’s official media outlet, Gaceta Oficial.The set of rules for miners, crypto entrepreneurs and regular traders was initially approved by Constituent National Assembly — an alternative to the country’s Parliament,…

CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX. 1714 Total views 17 Total shares During a live ask-me-anything (AMA) session with users on Monday, Crypto.com CEO Kris Marszalek explained that the firm sent large-sum stablecoins to troubled cryptocurrency exchange FTX to fulfill liquidity…