South Carolina Ends Cease & Desist Orders Against Crypto Startups

In a bid to prevent, what it calls “apocalyptic gas wars” while also encouraging a broad distribution, the Yuga Labs’ Otherside metaverse project will not conduct the Dutch auction for the NFTs. Otherside said, “NFT Dutch auctions are actually bulls**t” and will instead employ a new mechanic wherein the sale price will remain flat for…

Silvergate Capital Corporation – a digital asset bank based in California – revealed its deposit relationship to the troubled crypto firm BlockFi was limited to less than $20 million of its total deposits.  The latter filed for Chapter 11 bankruptcy protection in the United States earlier this week, becoming the next leading company in the…

Alex Mashinsky, the co-founder and former CEO of bankrupt cryptocurrency lender Celsius Network has been sued by New York Attorney General Letitia James for allegedly defrauding investors, including more than 26,000 New Yorkers, out of billions of dollars worth of digital assets. In an official press release, the AG alleged that before Celsius’ bankruptcy, Mashinsky…

The Federal Bureau of Investigation partnered up with the Israeli Police to arrest 26 people alleged of offenses related to digital currencies employment. While the operation happened in Tel Aviv, it involved victims who all reside abroad. Detaining The Criminals According to a local report, the FBI and the Tel Aviv district fraud unit of…

TL;DR The upcoming Bitcoin halving event is expected to decrease miner rewards and may boost the cryptocurrency market. Analysts predict XRP could exceed $1 soon, with potential spikes up to $1.40 in April and an eventual all-time high of $5, depending on overcoming key resistance levels. What Needs to Happen? The Bitcoin halving – a

TL;DR Recent data suggests XRP adoption is still in early stages, with over 3.6 million wallets holding less than 500 XRP; around 17% of total XRP wallets (4.8 million) were created since the start of 2023, indicating rising interest. Large investors, or “whales,” have been accumulating XRP, with their holdings representing 27% of the total

The past 24 hours saw increased volatility throughout the entire cryptocurrency market, the total capitalization of which currently stands at almost $2.2 trillion, down 0.6% during that period. It appears that the battle between Bitcoin buyers and sellers is ongoing with full force, as the price remains tumultuous. Bitcoin Price Volatility As CryptoPotato reported earlier today, the