Galaxy, Ripple CEOs lent $160M to MoonPay for TRUMP token launch

Both Bitcoin and Ethereum appear to be treading water. Peter Brandt, long-time trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on the current crypto market, describing the price action stuck between two difficult giants. "Bitcoin and Ethereum — those really, for me, is where the game is played," Brandt told Cointelegraph…

Singapore-based cryptocurrency exchange DragonEx has notified its users that it suffered a hack, according to an official announcement on the platform’s Telegram Channel on March 25.The incident— described as “attacks from hackers” that resulted in the transfer and theft of both “users’ [...] and Platform crypto assets,” reportedly occurred on March 24, and was immediately…

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. 183 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe death spiral of the Terra (LUNA) and TerraUSD (UST) ecosystem served as a catalyst to the 2022 bear market…

Bitcoin’s (BTC) price inched higher over the weekend as bulls try to enforce a trend change while bears attempt to stall the relief rally. On-chain monitoring resource Whalemap highlighted that $38,000 is the critical zone for the whales during any correction as whales had accumulated in this zone last week.On the upside, trader Pentoshi believes…

United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28.As revealed by the U.S. Attorney’s Office for the Southern District of California, Las Vegas resident Morgan Rockoons will serve 21 months in federal prison for his activities,…

Financial markets are facing their worst crisis since 1929 and people are looking for alternatives to protect themselves from the crash. One option being considered by many is cryptocurrency.In response, Bank of China has continued its anti-crypto narrative in a long post titled “3.15 Protetion of Financial Consumption Rights and Interests”. The post was published…

The Thai Ministry of Commerce has begun to conduct feasibility studies on the use of blockchain in copyright, agriculture, and trade finance, English-language Thai newspaper Bangkok Post reports Tuesday, Oct. 9.A Thai official from Thailand’s Trade Policy and Strategy Office (TPSO), Pimchanok Vonkorpon, told the Bangkok Post that the study is being conducted with the…

The Financial Stability Board (FSB), an international organization that monitors the global financial system, has come up with a global regulatory framework for crypto. The guidelines, recommended to the 20 leading economies of the world (G-20) are crafted upon the principle of “same activity, same risk, same regulation.”A public note and two separate guideline documents…