TrueUSD maintains it has no exposure to Prime Trust despite community claims

TrueUSD (TUSD) stated in a June 22 Twitter post that it is not affected by the issues faced by crypto custodial firm Prime Trust. Prime Trust was forced to suspend all deposits of fiat and digital assets by Nevada financial regulators on June 21 because it failed to safeguard assets under its custody and could […] The post TrueUSD maintains it has no exposure to Prime Trust despite community claims appeared first on CryptoSlate. дальше »

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Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset blames ASX for not providing it with crucial information, while ASX says the claims are misleading.

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OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits. дальше »

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Rumors Of Imminent Approval Swirl Around BlackRock’s Bitcoin ETF

David Bailey, a well-known figure in the cryptocurrency industry, has suggested that BlackRock’s Bitcoin (BTC) Exchange-Traded Fund (ETF) could be approved imminently by the US Securities and Exchange Commission (SEC), after years of failed attempts by other firms. дальше »

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Ethereum Devs Kick Against Uniswap’s V4 Open Source “Failed” Promise

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Bitcoin Bullish Momentum Building: Expert Predicts Rise To $27,200

Bitcoin has been on a rollercoaster ride recently, with sudden price drops and spikes keeping investors on their toes. Last week, the cryptocurrency failed to break through its $27,500 resistance level and dropped to a low of $24,700. дальше »

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Binance Forced To Leave – Here Are Top Binance Alternatives In The Netherlands

In a setback to its ambitious global expansion strategy, Binance, one of the world’s leading cryptocurrency exchanges, has announced its departure from the Netherlands. The exchange failed to secure a coveted virtual asset service provider (VASP) license from the Dutch regulator, marking a major roadblock in its operations. дальше »

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Binance to exit Netherlands after failing to obtain registration

Crypto exchange giant Binance announced that it would no longer service users in the Netherlands after the company failed to get a license from Dutch regulators.  Binance has notified its Dutch customers about the company’s plan to leave the Netherlands.… дальше »

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Binance withdraws from Netherlands following VASP license snub

Binance, one of the world’s largest cryptocurrency exchanges, has recently announced its departure from the Dutch market. According to a notice published by the company, the company had failed to secure registration as a virtual asset service provider (VASP) – despite exploring “many alternative avenues” with Dutch regulators. дальше »

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Here’s Why XRP Failed To Move Following The Release Of Hinman’s Emails

Over the last week, the XRP community was abuzz with the expectation that the Hinman documents were finally going to be released. The fight to release these documents had waxed on for a long between Ripple and the United States Securities and Exchange Commission (SEC) before a judge ruled that the documents be unsealed. However, […] дальше »

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Atomic Wallet Downplays Hack That Allegedly Lost Users $100M

The team behind Atomic Wallet failed to consistently update victims of a $100M hack after a security firm highlighted several unresolved issues. The post Atomic Wallet Downplays Hack That Allegedly Lost Users $100M appeared first on BeInCrypto. дальше »

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Bitcoin gets closer to '51% attack' on altcoin market

Bitcoin's market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?

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U.S. Court Dismisses BitGo’s Lawsuit Against Galaxy Digital

BitGo failed to provide documents that were required for the merger to be completed, effectively voiding the deal, court documents said. дальше »

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The Block founder Mike Dudas criticizes SEC and EOS

Mike Dudas, the founder of crypto outlet The Block and co-founder of LinksDAO, expressed dissatisfaction with the SEC’s handling of the EOS case in 2019. He thinks the regulator has failed to checkmate the real bad actors and has chosen… дальше »

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Bitcoin Price Could Restart Increase If It Clears This Resistance

Bitcoin price is correcting lower from the $27,400 resistance. BTC could start a fresh increase if it is able to clear the $26,600 resistance zone. Bitcoin started a fresh decline after it failed to clear the $27,400 resistance. дальше »

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Bitcoin Bears Brace For The 50-Month MA Retest, Is A Rug Pull Imminent?

Over the last 24 hours, Bitcoin (BTC), the largest cryptocurrency in the market by capitalization, has again failed to consolidate above the $27,000 level. This key resistance was lost at the beginning of the downtrend on May 8th and has not been breached. дальше »

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Sam Bankman-Fried expresses concerns over late evidence in criminal trial 

Former FTX CEO Sam Bankman-Fried has expressed concerns that prosecutors have failed to meet discovery deadlines, resulting in the absence of crucial evidence for his defense against a series of fraud charges. дальше »

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SEC sues Binance in US district court for unregistered securities operations

According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States.

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We’ve Failed Gen Z, But Bitcoin Offers Hope For The Future

The members of Generation Z have had their futures stolen by monetary mismanagement, but they are poised to rebuild with Bitcoin. дальше »

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These Crypto Analysts Failed to Time Bitcoin in May 2023

These two analysts made unsuccessful predictions for the Bitcoin (BTC) price in May.

The post These Crypto Analysts Failed to Time Bitcoin in May 2023 appeared first on BeInCrypto.

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Sotheby’s to auction failed 3AC’s NFT collection

Sotheby's breaks new ground with the largest live auction of digital art, featuring the highly coveted 'Grails' NFT collection from Three Arrows Capital. дальше »

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Gemini’s market share declines as regulatory, financial challenges mount

Gemini is fighting to reverse its market share decline amid regulatory and financial challenges. The exchange’s troubles became apparent in November 2022 when its Earn Program partner, the now-bankrupt Genesis, failed to pay $765 million owed. дальше »

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FTX's collateral damage continues, as Singapore’s Temasek announces...

Singapore’s Temasek Holdings will cut the pay of its executives responsible for the failed FTX investment of $275 million. Temasek's only crypto investment had been made in FTX. SingaporeThe post FTX's collateral damage continues, as Singapore’s Temasek announces... appeared first on AMBCrypto. дальше »

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Temasek reduces compensation for staff responsible for botched FTX investment

Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment  Lim Boon Heng, the chairman of Temasek Holdings, said the firm would… дальше »

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Altcoins Across The Sector Are Underbought: Santiment

On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now. MVRV Of The Various Altcoins Suggests Underpriced Conditions According to data from the on-chain analytics firm Santiment, cryptocurrency assets have become underbought as traders are now capitulating following a failed price rebound. дальше »

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Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by Cointelegraph Owner Gregory Fishman

Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation. дальше »

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Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance

On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) has found rejection at the long-term resistance zone recently. Bitcoin NUPL Has Observed Some Decline In Recent Days As explained by an analyst in a CryptoQuant post, the BTC NUPL metric has failed to clear a major resistance. дальше »

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Ethereum Encounters Resistance At Critical Level, Vital Trading Levels to Monitor

Ethereum started the week with a promising performance, experiencing a gain of over 3%. However, the bullish momentum was short-lived as the altcoin failed to sustain its position above a key resistance level. дальше »

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The Bitcoin Rollercoaster: Why Every Upward Move Is Followed By A Steep Drop?

Bitcoin (BTC) has failed to hold onto gains over the past few weeks, giving back nearly all price increases shortly after they are made. According to crypto analyst and trader Daan Foppen, this phenomenon can be attributed to the outsized influence of futures markets on Bitcoin’s price action. дальше »

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Solana's new AI venture struggles to lift SOL out of its woes

Through the launch, Solana became the first L1 blockchain to adopt AI. The launch failed to uplift SOL as it continued its losing streak. The Solana [SOL] Foundation announced the integratioThe post Solana's new AI venture struggles to lift SOL out of its woes appeared first on AMBCrypto. дальше »

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Bitcoin Cash (BCH) Price Fails to Break Out – Is $100 Next?

Bitcoin Cash failed to take off after recent network upgrade. On-chain data reveals critical factors behind the bearish BCH price prediction The post Bitcoin Cash (BCH) Price Fails to Break Out – Is $100 Next? appeared first on BeInCrypto. дальше »

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Ethereum Price Trims Gains and Could Revisit Key Range Support

Ethereum price failed to surpass $1,880 and declined against the US Dollar. ETH is struggling and might continue lower toward the $1,790 support. Ethereum is currently moving lower from the $1,880 resistance zone. дальше »

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FTX token jumps 12% after news of possible restart emerges

Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing,  Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform. дальше »

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FTX 2.0 launching soon? Court filing shows a reboot plan in the works

The new FTX CEO has undertaken a series of meetings over the past month to work on relaunching the failed crypto exchange by entering into a bidding process. дальше »

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Bitcoin of America to halt operating unlicensed crypto ATMs in Connecticut

The Department of Banking highlighted that Bitcoin of America failed to obtain a license as a money transmitter to operate Bitcoin ATM kiosks in the state. дальше »

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Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two дальше »

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Digital Currency Group’s failure to pay $630m raises concerns

Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default. дальше »

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Gemini accuses parent company DCG of not paying $630 million dues

Gemini has said that its parent company DCG has failed to pay $630 million, which was due last week. The exchange stated that it is working with Genesis, DCG, and creditors to offer forbearanceThe post Gemini accuses parent company DCG of not paying $630 million dues appeared first on AMBCrypto. дальше »

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Huobi ordered to cease operations by Malaysian regulators

Crypto exchange Huobi was ordered to stop operating in Malaysia by the Securities Commission (SC) of the Asian country. The regulator issued a public reprimand to Huobi CEO Leon Li. In a May 22 press statement, Malaysia’s SC said Huobi operated in the country illegally because it failed to register as a digital asset exchange […] The post Huobi ordered to cease operations by Malaysian regulators appeared first on CryptoSlate. дальше »

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Why Has the Bitcoin Cash (BCH) Price Failed to Take Off?

The Bitcoin Cash (BCH) trend will be determined by whether the price breaks out or down from its current range The post Why Has the Bitcoin Cash (BCH) Price Failed to Take Off? appeared first on BeInCrypto. дальше »

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Cardano [ADA]: Bullish rally rejected at range-high, what comes next?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bulls failed to break past the $0.3760 resThe post Cardano [ADA]: Bullish rally rejected at range-high, what comes next? appeared first on AMBCrypto. дальше »

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Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC

According to the U.S. SEC, Do Kwon allegedly hid Jump Trading's $1.2 billion role in propping up TerraUSD in 2021. The post Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC appeared first on BeInCrypto. дальше »

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Signature Bank failed to understand risks associated with crypto: FDIC chair

A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.”

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Terra founder gets bail, institutional adoption surges, regulatory efforts endure | Weekly Recap

The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption… дальше »

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Ethereum failed to finalize transactions for 25 minutes but avoided full outage

The Ethereum blockchain failed to finalize transactions for slightly less than half an hour, developers said on May 11. The incident lasted for approximately 25 minutes, and Ethereum contributor terence. дальше »

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Silvergate Bank to cut 230 staff as it winds down

Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »

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IRS Files Claim against FTX & Affiliates, Seeks $44B in Unpaid Taxes

Coinspeaker IRS Files Claim against FTX & Affiliates, Seeks $44B in Unpaid Taxes In its claim, the IRS alleged that FTX, Alameda, and co failed to report transactions and activities for a sustained period. дальше »

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Bears Push Binance Coin Near $300 Level Amid Failed Bull Run

Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has been facing a tough time in the crypto markets lately. Despite a strong push from the bulls to drive the coin’s price higher from the $320-$325 region, the bears took over and sent the price tumbling down. дальше »

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Bitcoin Price Turns Sell On Rallies As Bulls Struggle To Clear Hurdles

Bitcoin price is struggling to clear the $28,200 resistance. BTC is again moving lower and might decline toward the $27,000 support zone. Bitcoin attempted an upside break above $28,200 but failed. дальше »

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Ethereum derivatives flirting with bearishness: Mind the $1,820 support

The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.

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