Tether dominates with $113B post-SVB collapse — IntoTheBlock

Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX. Temasek was once the second-largest outside investor of FTX, with 7 million shares, according to Forbes. The firm however was forced to answer for its investment play after the exchange collapsed.According to a May…

Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. Nikkei Asian Review reported the development on May 22.The FATF will reportedly send its investigatory arm to review the strength…

A tokenized version of a destroyed Banksy painting sold for nearly $400,000 on NFT marketplace OpenSea. 1692 Total views 15 Total shares A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000.On March 8, the token was sold on NFT marketplace OpenSea for 228.69…

A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.

Wednesday, March 27 — cryptocurrency markets have entered the green zone after yesterday’s slight decline. Bitcoin (BTC) has reclaimed its position and is hovering above the $4,000 price mark.Market visualization from Coin360The leading cryptocurrency Bitcoin is up 2.34 percent on the day, and is trading at $4,061 as of press time. Yesterday, March 26, BTC…

Francis Suarez, the Mayor of Miami, said that he played an “evangelist role” at Davos where he’s teaching people about Bitcoin. 91 Total views 2 Total shares Kristina Cornèr, Cointelegraph's editor-in-chief, sat down with Miami mayor Francis Suarez at the recent World Economic Forum held at Davos, Switzerland, to discuss topics like the role the mayor…

BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome. 1008 Total views 4 Total shares Bitcoin's (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered…

New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made by a commission appointed by Governor Chris Sununu. The recommendations would establish a legal framework for blockchain and crypto businesses in the state, providing clarity and certainty to entrepreneurs and regulators while avoiding the…