News - Page 1138 of 2265 - Cryptonews (Page 1138)

Crypto Wallet Provider SafePal Invests in Swiss Bank to Enable Banking Services for Crypto Users

SafePal, a crypto hardware wallet provider, has made a strategic investment in Swiss bank Fiat24, aiming to provide users with a banking gateway to pay for expenses using digital assets and transfer funds to compliant banks.The new offering aims to accelerate the bridging of crypto to real-world...

, by Hassan Shittu

Elon Musk Sparks Excitement and Speculation in Crypto Community with OpenAI Troll

On March 6, Elon Musk directed a series of memes at OpenAI, the AI research firm he helped establish, including a meme that playfully renamed the organization 'ClosedAI'. Musk has been on this recent meme spree since he filed a lawsuit accusing CEO Sam Altman of violating the company's initial...

, by Jimmy Aki

Physical Bitcoin Worth Over $1 Million Presented At Auction Houses

Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack’s Bowers Galleries and Heritage Auctions are presenting “physical cryptocurrencies” as...

, by Rachel Wolfson

SEC Chairman Gensler Comments on Bitcoin and Ethereum; Avoids Ethereum Security Classification

SEC Chairman Gary Gensler chose not to disclose whether the U.S. Securities and Exchange Commission classifies Ethereum as a security or a commodity on March 6--a decision eagerly anticipated by the market in light of its potential impact on the approval of Ethereum ETFs. The SEC chair was a...

, by Jimmy Aki

Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes

Nigeria's Central Bank has teamed up with the blockchain-powered financial platform Gluwa Nigeria to accelerate the use of eNaira, the nation's central bank digital currency (CBDC). The collaboration, announced by Gluwa on March 7, highlights the ongoing efforts by Nigeria's Central Bank to...

, by Jimmy Aki

Bitcoin (BTC) Price Briefly Retakes $68,000 as US Dollar Dips on Dovish Remarks from Fed Chair Powell

The Bitcoin (BTC) price briefly retook $68,000 on Thursday amid a dip in the US dollar following dovish remarks from US Federal Reserve Chair Jerome Powell, coming within about 2% of the record highs it printed earlier in the week. Last at $67,500, the Bitcoin price is up roughly 14% versus the...

, by Michael Davis

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit

Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC...

, by Tim Hakki

Philippine Gov’t Cracks Down on Unlicensed Crypto Exchanges, Binance Still Accessible

The Philippine National Telecommunications Commission (NTC) has initiated the blocking of websites belonging to crypto companies offering investment products without the necessary licenses in the country.Despite the Securities and Exchange Commission's (SEC) three-month countdown for banning...

, by Hassan Shittu

MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’

The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random "clawbacks" or centralized withdrawal freezes and liquidations of funds. User "Al...

, by Tim Hakki

Nayib Bukele Reacts to Bitcoin Critic’s Indictment with Laughter

President Nayib Bukele responded humorously to a social media post on March 7, highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez's indictment,...

, by Jimmy Aki

South Korea Seeks Interpol’s Aid to Extradite Terraform Labs Co-Founder

South Korea's National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea, according to a local news agency on March 7.After Terra co-founder Do Kwon won...

, by Hassan Shittu

Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash

The Bitcoin mining company Hut 8 recently faced a significant decline in share prices on the Nasdaq following accusations of short-selling by JCapital. In response, several law firms have offered to represent investors who suffered losses during this period.While some lawsuits cater to individuals...

, by Hassan Shittu

Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization

Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC). In a Thursday press release, the Hong Kong Monetary...

, by Ruholamin Haqshanas

“Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges

Bitcoin's infamous "Kimchi premium" has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges. As of the Asian morning hours, Bitcoin (BTC) was trading just above $66,000 on most global exchanges, while on Korean...

, by Ruholamin Haqshanas

Solana DEX Trading Volume Reaches Record $2.85 Billion, Up Over 150% in Past Week

The decentralized exchange (DEX) trading volume on the Solana (SOL) blockchain has skyrocketed, surpassing the $2 billion mark for four consecutive days, with a record-breaking trading volume of $2.85 billion achieved on March 5. According to DeFi TVL aggregator DeFiLlama,...

, by Ruholamin Haqshanas

Worldcoin Controversy ‘Benefiting’ South Korea’s Bithumb Exchange

Worldcoin controversy in South Korea is driving trades on the Bithumb crypto exchange, a media report has claimed. According to Busan Ilbo, trading in the Worldcoin (WLD) token has spiked in the wake of a new Personal Information Protection Commission probe. This has seen WLD trading balloon...

, by Tim Alper

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