Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes

Coinspeaker Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes Tether USDT recently announced that it will regularly allocate up to 15 percent of its net realized operating profits towards purchasing Bitcoin as a reserve currency. дальше »

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Unbanked Forced to Shut Down Amid Regulatory Challenges and Funding Woes

Crypto-focused financial services provider Unbanked has announced that it has been forced to shut down. Its UNBK token is down 85%. The post Unbanked Forced to Shut Down Amid Regulatory Challenges and Funding Woes appeared first on BeInCrypto. 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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Just in: Malaysian SEC charges Huobi Global for illegal DAX operations

Cryptocurrency businesses continue to meet increased regulatory woes as they strive to satisfy worldwide demand. For instance, Huobi Exchange has met several challenges within the last few years. дальше »

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Do Kwon’s Woes Escalate As South Korea Freezes $176M Of His Assets

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Blockchain Firm Everledger Closes Down Amid Funding Woes

The supply-chain-focused startup Everledger shut down its shop as the funds were running dry. Australian government and Tencent were some of its notable investors. The post Blockchain Firm Everledger Closes Down Amid Funding Woes appeared first on BeInCrypto. дальше »

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Bitcoin Tests $29k Amidst Banking Sector Woes, Crypto Firms Expanding Offshore, And Key Interest Rate Hikes

May 2023 started with yet another tumultuous week for the US Banking sector. On May 1, 2023, the federal government seized First Republic Bank following weeks over which depositors and investors pulled out their money. дальше »

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Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape

Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview. дальше »

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Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data

Ether also rose. Equity markets dropped, including stocks of two regional banks. дальше »

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MCADE tops $0.027 as analysts turn bullish on First Republic Bank saga

Key takeaways MCADE has topped the $0. 027 mark as the cryptocurrency market begins to recover. First Republic Bank has been acquired by JPMorgan Chase as the banking woes in the United States banking sector continue. дальше »

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Fed Official Blames Banking Crisis on Trump Administration, Not Crypto

A lack of regulation and supervision, not the cryptocurrency industry, is to blame for the banking sector's recent woes, according to a Federal Reserve report. The post Fed Official Blames Banking Crisis on Trump Administration, Not Crypto appeared first on BeInCrypto. дальше »

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Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes

BTC dipped slightly during U.S. morning trading Thursday after the Commerce Department reported a slow 1.1% gain in GDP for the first quarter – below consensus expectations of 2% annualized – but later rebounded. дальше »

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Inflation woes continue for UK, BOE faces tough decisions

Quick Take U. K. CPI inflation in the month of March was at 10. 1% — 0. 3% lower than the previous month. This was the seventh consecutive month inflation remained above 10%. While the U. K. дальше »

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Bitrue Coin (BTR) dips after deadly Bitrue hack

In what appears to be a well-orchestrated Bitrue hack, the Singapore-based cryptocurrency exchange lost $23 million worth of cryptocurrencies earlier today. The hack has added to the woes of the Bitrue Coin (BTR) which has been on a bear streak since the beginning of April. дальше »

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Ethereum Classic (ETC) Goes Green on 2 Key Metrics, Is Major Rally Underway?

Ethereum Classic is shunning its woes to chart new bullish course дальше »

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NFTs Linked To Trump’s Criminal Indictment Soars As The Former President Faces 34 Felony Counts

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Bitcoin Miner Marathon Digital Reported Stellar Q1 2023 Performance

Coinspeaker Bitcoin Miner Marathon Digital Reported Stellar Q1 2023 Performance Amidst its woes Marathon Digital secured a loan from the now defunct Silvergate Bank, a deficit it said it has been able to completely offset. дальше »

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Binance’s regulatory woes don’t seem to scare crypto investors

The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry.  On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the United States The market reacted switftly to the filing, with Bitcoin […] The post Binance’s regulatory woes don’t seem to scare crypto investors appeared first on CryptoSlate. дальше »

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Bitcoin Heads Towards $30,000 As It Hits New Peak Despite Ongoing Market Woes

Bitcoin, the largest cryptocurrency by market capitalization, is moving on a notably bullish path. The apex cryptocurrency has hit a new milestone after attaining gains that have pushed it to a new peak. дальше »

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First Mover Asia: Bitcoin Rises Above $28.3K Despite Binance Legal Woes

ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going. Bitcoin, ether and other cryptos spike. дальше »

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USDC woes far from over as market cap draws down- Is USDT leading

USDC’s loss becomes USDT’s gains after market events in March. The tides are calm for now but there might still be more stablecoin risk ahead. Roughly two weeks have passed since USDC loThe post USDC woes far from over as market cap draws down- Is USDT leading appeared first on AMBCrypto. дальше »

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Is Solana's [SOL] FUD justified? According to these analytics...

As per recent data, Solana's downtime woes may not be as bad as they seem. Daily active users and fees continued to decline as SOL suffered. In the past 12 months, Solana [SOL] has faced sigThe post Is Solana's [SOL] FUD justified? According to these analytics... appeared first on AMBCrypto. дальше »

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Ripple: How XRP is moving beyond legal woes to benefit investors

Despite ongoing legal battles, Ripple's XRPL ecosystem continues to develop new features to increase the utility of XRP. Key metrics such as volume and active addresses have also been increasinThe post Ripple: How XRP is moving beyond legal woes to benefit investors appeared first on AMBCrypto. дальше »

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Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital. дальше »

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HNT extends downside as Helium network migration date pushed back to...

Helium’s migration to Solana gets pushed back to April. HNT woes get worse after Binance announced delisting. The Readiness Working Group, an organization formed by the Helium community reThe post HNT extends downside as Helium network migration date pushed back to... appeared first on AMBCrypto. дальше »

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Bitcoin Hurtles Back Above $26,000 As SVB Financial Group Files For Bankruptcy

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Crypto Faces Banking Woes, This Non-Profit Presses Government for Answers

The U. S. -based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to accounts, the ability to process transfers in fiat currency, and more. дальше »

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Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors

BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark. Equity markets also struggled on the Swiss banking giant news. дальше »

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Cardano Sheds 23% In Value As ADA Woes Pile Up – Here’s Why

Cardano has found itself on rough terrain anew in the past few weeks, and barely able to hit its target, thus giving proponents and investors in the crypto some headaches. As a result of recent profit taking by intermediate-term investors, its value has fallen by 22% in the past 21 days. дальше »

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Silvergate turns to US congress agency for help

Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the numerous victims of the disgraced Sam Bankman-Fried’s FTX exchange collapse,… дальше »

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Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount

BTC has traded in a narrow range since it dropped sharply last Thursday as Silvergate’s woes grew increasingly apparent. дальше »

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Polygon [MATIC]: Can gaming activity improve DeFi woes? Decoding...

Gaming contributes immensely to Polygon's activity. DeFi and DEX activity on the network declines. Polygon [MATIC] has shown high activity on its network over the past few months. One reasonThe post Polygon [MATIC]: Can gaming activity improve DeFi woes? Decoding... appeared first on AMBCrypto. дальше »

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Solana [SOL] suffers yet another technical challenge, details inside

Solana adds yet another network downtime incident to its recent woes. SOL extends its decline for the fifth day in a row. Solana users were unable to conduct transactions on the network in tThe post Solana [SOL] suffers yet another technical challenge, details inside appeared first on AMBCrypto. дальше »

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BNB coin price slips amid Binance outflows, BUSD woes

Binance Coin has made a strong bearish breakout in the past few hours. Paxos was ordered by US regulators to stop minting BUSD. Binance has seen significant outflows in the past 7 days. Binance Coin (BNB) price pulled back on Monday, becoming the worst-performing big-cap coin, as regulatory concerns continued. дальше »

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P2P Exchange LocalBitcoins Closes Shop After 10 Years Of Business Amid Market Woes

With the bitcoin price trading more than 67% below its all-time high, not even LocalBitcoins, one of the oldest and most popular peer-to-peer bitcoin exchanges, has been immune from the slaughter. дальше »

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S&P Dow Jones to Oust Adani from Sustainability Index Following Accusations of Financial Malpractice

Coinspeaker S&P Dow Jones to Oust Adani from Sustainability Index Following Accusations of Financial Malpractice The S&P Dow Jones is removing Adani from its index, further adding to the Indian conglomerate’s mounting woes. дальше »

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Aptos price forms a bullish flag amid on-chain activity woes

Aptos price has been in a strong bullish trend in 2023. Its DeFi TVL has plunged in APT terms. The number of users in its ecosystem has been falling. Aptos (APT/USD) price has done spectacularly well in 2023, making it one of the top-performing coins in the industry. дальше »

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Tech’s Money Woes: Beginning of the End for Web2?

Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization. дальше »

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Argo Blockchain accused of misleading investors in class-action lawsuit

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class-action suit. дальше »

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Bitcoin (BTC) Rally Cools, Here's Top Reason Why

Microsoft's recent woes have been linked to cooling Bitcoin (BTC) rally дальше »

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Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes

Lawyers for Genesis Global told a New York bankruptcy court on Monday that they’ve been working with their creditors’ representatives and the U.S. Trustee’s Office “around the clock” for the past two months in order to reach a “consensual resolution” with the embattled company’s creditors. дальше »

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Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn’t be enough to solve its profitability woes. дальше »

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Crypto.news weekly recap: former FTX boss maintains innocence, Nexo’s woes, DCG and Gemini face-off

From Sam Bankman-Fried's claims of innocence, crypto rebounce, FTX bankruptcy proceedings, Nexo raids, Coinbase layoffs, Gemini and DCG drama, the past week was activity-stuffed. дальше »

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FTX Arena: Miami-Dade County Ends Partnership With Crypto Company Amid Financial Woes

Miami-Dade, one of the U.S. most populous counties and home to the NBA team Miami Heat, has successfully annulled its partnership with FTX following the company’s collapse in November.  According to a report by the Miami Herald, a federal judge ruled that the naming rights agreement between both parties on the FTX Arena be terminated […] дальше »

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VC Giant Sequoia Remains Optimistic About Crypto

Despite recent market woes, Sequoia remains optimistic about crypto investments дальше »

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MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes

Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition. дальше »

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Genesis CEO Requests Extra Time to Resolve Lending Woes

Genesis, a leading digital asset management company, has issued a letter from its interim CEO Derar Islim regarding the issues faced by its lending arm дальше »

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Gemini Accuses DCG of Being Behind Genesis’ Woes

Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. дальше »

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Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes

The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan. дальше »

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DCG Drama Recap: Winklevoss Letter, Grayscale Troubles, Class-Action Arbitration

Barry Silberts woes continue as Cameron Winklevoss ratchets up the pressure, Gemini Earn customers file for class-action arbitration, and Grayscales Ethereum Trust trades at its lowest discount ever. New Year,... дальше »

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