North Korean crypto wallets sanctioned; Binance says it helped Treasury seize $4.4M

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned several addresses linked to North Korean cybercrime on May 23. Six wallets sanctioned OFAC sanctioned six crypto addresses belonging to North Korean national Kim Sang Man, who was involved in cyber activities and fraudulent IT worker job placements that generated revenue for North Korea’s government […] The post North Korean crypto wallets sanctioned; Binance says it helped Treasury seize $4.4M appeared first on CryptoSlate. дальше »

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Binance CEO says “it’s a big deal” after China broadcast crypto on state TV

Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal. ”  He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin price struggled to stay above $26k on Wednesday. дальше »

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XRP Price to Tumble Before Huge Spike, Top Trader Says, SHIB Burn Rate Jumps 2,372%, FLOKI Listed on Binance TR: Crypto News Digest by U.Today

Read U.Today's crypto news digest to make sure you're not missing any of the latest events in the industry! дальше »

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Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg

Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial. дальше »

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Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet

Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago. дальше »

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Ethereum developer says now anyone can launch a token in less than a minute

The process of launching a new token has been simplified according to Aram Mughalyan, and Ethereum blockchain developer. дальше »

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Billionaire Mark Cuban says SEC crypto attacks will be futile

According to reports, billionaire Mark Cuban recently noted that the ongoing attack on crypto tokens by SEC and the U.S. government would ultimately not work.  дальше »

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Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud

Ava Labs says that new tool will create greater revenue opportunities and "sets the stage for mass adoption-ready cloud-based infrastructure in blockchain." дальше »

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Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame

DeFi Dad says he’d be shocked if Bitcoin doesn’t hit $500K within 10 years, but he thinks Ethereum is getting more powerful all the time. дальше »

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US is losing the Bitcoin movement, says Cathie Wood

Key takeaways Cathie Wood has stated that she believes the United States is losing the Bitcoin movement due to the regulatory system.   She stated that the collapse of FTX proved the concept of Bitcoin. дальше »

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Adobe says Photoshop’s AI feature is aimed at accelerating creative use, not replacing graphic designers

Adobe said May 23 that it will integrate generative AI in its Photoshop image editor. Photoshop now offers a feature called Generative Fill, which is powered by the company’s Firefly AI engine. дальше »

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Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent

Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm. дальше »

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XRP Price to Tumble Before a Huge Spike, Top Trader Says

Evai CEO Matthew Dixon foresees a sharp drop in the XRP price to around $0.34 before a rebound above $0.6 дальше »

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Ripple Lawsuit: SEC Has Never Been Weaker, Sologenic Co-founder Says

Crypto industry already feeling 'ripple effects' of SEC's aggressive approach дальше »

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Ledger to delay controversial key recovery feature, CEO says

Ledger has decided to delay its recovery feature as it open-sources the code, CEO Pascal Gauthier said in a letter. The Ledger Recover feature won’t be rolled out until the open sourcing is complete, he noted. дальше »

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U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs

The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged дальше »

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Berenberg: MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase

Coinspeaker Berenberg: MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy. дальше »

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Bitcoin ‘buys the rumor’ on US debt ceiling as BTC price nears $27.5K

BTC price action could attempt a reclaim of $30,000, analysis says, with Bitcoin climbing through its trading range.

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Woman Loses $8 Million In Crypto Scam, But Court Says Binance Is Not Liable

A United States District Judge, Amos Mazzant, has ruled that Binance, the world’s largest cryptocurrency exchange by client count, is not liable for the loss incurred by a Texan woman named Divya Gadasalli who lost $8 million in a pig butchering scheme. дальше »

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Former MicroStrategy CEO Says Bitcoin Rally Just Getting Started

MicroStrategy is a business intelligence firm and one of the biggest holders of Bitcoin, the world’s most valuable cryptocurrency by market capitalization. And Michael Saylor, the former CEO of MicroStrategy, believes the cryptocurrency market is bottoming, and a Bitcoin rally is on the horizon. дальше »

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Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed

The private seed phrases of Ledger users could be shared with governments if their custodians were ordered to do so, but this is “not a real concern,” according to CEO Paul Gauthier. дальше »

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Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes

Pascal Gauthier, the CEO of Ledger, suggested on May 22 that wallet keys stored via Ledger Recover could be disclosed in the event of government sanctions. Subpoenas could reveal user seeds Under Ledger’s new Recover program, user wallet seeds can be “shared” and stored by three different parties. дальше »

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Philippines SEC says Gemini’s derivatives exchange is operating without approval

The Philippines Securities and Exchange Commission issued a warning to investors that Gemini is operating its newly launched derivatives exchange without regulatory authorization in the country, Bloomberg News reported on May 22. дальше »

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World’s first bitcoin tower in Dubai coming soon says developer

The United Arab Emirates solidifies its backing of cryptocurrencies with a hotel chain designed in the shape of a bitcoin. The 40-story tower is set to be unveiled on May 24th. дальше »

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Philippines SEC says Gemini Derivatives is unregistered securities product

Gemini Derivatives is available on the exchange’s new Foundation platform, but those selling or promoting it in the Philippines face fines and long imprisonment. дальше »

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Why the Biggest Emerging Markets Are Turning to Crypto

Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. And, despite official efforts to curb crypto activity, there are signs their citizens are turning to crypto assets as a hedge, says Noelle Acheson. дальше »

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Glassnode says big bitcoin price swings may be coming

Glassnode, a prominent analytics firm, has recently shared its insight on Twitter regarding the price dynamics of bitcoin, the leading cryptocurrency by market cap. дальше »

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SEC Emails Suggest XRP Is Not Security, SHIB Scores New Listing, ADA to Reach $500 Billion Market Cap, Says Crypto Capital Venture CEO: Crypto News Digest by U.Today

Let’s see what crypto news the weekend has brought with U.Today’s news digest дальше »

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Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched

Vitalik Buterin warned in a blog post today that Ethereum’s consensus is fragile and should be used “sparingly” because of the high risk of forks in the chain. Buterin wrote: “There is a natural urge to try to extend the blockchain’s core with more and more functionality, because the blockchain’s core has the largest economic […] The post Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched appeared first on CryptoSlate. дальше »

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Apple and Google can undermine decentralization, Coinbase ex-CTO says

When tech luminary and ex-CTO of Coinbase, Balaji Srinivasan, speaks, Silicon Valley listens. His latest forecast? A crypto storm brewed by the invisible hands of tech behemoths, Apple and Google. He asserts the seemingly paradoxical possibility of these technology advocates… дальше »

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MetaMask does not collect taxes on crypto transactions- ConsenSys

ConsenSys says allegations about MetaMask as false The section in its terms referred to in allegations that MetaMask collects taxes on crypto only applies to given products and paid plans that the company offers, not MetaMask. дальше »

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Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says

The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court. дальше »

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Gemini Says Genesis Parent DCG Defaulted on $630M Payment, Updates Contingency Plan

Coinspeaker Gemini Says Genesis Parent DCG Defaulted on $630M Payment, Updates Contingency Plan Gemini seeks to exact its owed payment sum from Genesis parent DCG and is working with several creditors on a forbearance plan. дальше »

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Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations

The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled. дальше »

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Gemini Says Genesis Parent DCG Missed $630 Million Payment

Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. дальше »

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MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users

ConsenSys, owner of the Ethereum wallet MetaMask, said on May 21 that it does not collect taxes from cryptocurrency users. Sale taxes do not apply to MetaMask users ConsenSys said on Twitter: “Let’s clarify one thing upfront: MetaMask does NOT collect taxes on crypto transactions and we have not made any changes to our terms […] The post MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users appeared first on CryptoSlate. дальше »

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Biden won’t accept debt deal protecting crypto traders

United States President Joe Biden has expressed opposition to a debt ceiling deal that he says would benefit “wealthy tax cheats and crypto traders” while putting food assistance programs at risk. дальше »

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Biden says he won’t agree to debt deal that protects crypto traders

US President Joe Biden has called on the Republican lawmakers to drop the extreme position they currently hold in order to help the country reach a deal in the ongoing debt ceiling talks. He also had something to say about cryptocurrency. дальше »

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Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case

SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two of its executives for selling alleged unregistered securities in the form of XRP. дальше »

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Bitcoin price prediction ahead of key week for the markets

The next week will be critical for BTC, crypto analyst Michael van de Poppe says. Bitcoin price could see a new uptrend if BTC can break out after a successful retest of the 200-day moving average. дальше »

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Apple and Google Pose Threats to Crypto Industry, Ex-Coinbase CTO Says

Coinbase former CTO Balaji Srinivasan warned about the systemic risk Google and Apple pose to the crypto industry. The post Apple and Google Pose Threats to Crypto Industry, Ex-Coinbase CTO Says appeared first on BeInCrypto. дальше »

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Ledger co-founder addresses ‘Recover’ concerns, says wallet is secure

Ledger co-founder clarifies concerns over 'Recover' update as seed backup feature security remains a concern. GridPlus announces open-source firmware amid controversy. дальше »

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Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel. дальше »

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Max Keiser Says XRP And All Cryptocurrencies Are Securities, Except For Bitcoin — Here’s Why

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Scaramucci says market’s ‘overshot to the downside’ after FTX collapse is causing BTC to trade at huge discount

SkyBridge founder Anthony Scaramucci said during a Bloomberg TV interview that Bitcoin’s actual intrinsic value is around $40,000 and the flagship crypto is currently trading at an almost 50% discount. дальше »

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Why Web3 and the AI-Internet Belong Together

Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk’s Chief Content Officer, Michael Casey. дальше »

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Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

The platform is awaiting an expected approval from the community, says Vega’s co-founder. дальше »

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Anthony Pompliano: Bitcoin may be world’s largest insurance company

Pompliano argues that Bitcoin’s unique properties make it an attractive insurance asset for a variety of reasons. He says Bitcoin provides insurance against a variety of risks, including, currency debasement and sovereign default. дальше »

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Twitter partnership created a ‘symbiosis,’ says eToro US CEO | Bitcoin Miami 2023

Lule Demmissie, CEO of eToro US, says that the new partnership with Twitter creates a symbiosis between social networks and social trading. дальше »

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Anthony Scaramucci says he’s sticking with Bitcoin – here’s why

Anthony Scaramucci, the CEO of SkyBridge Capital, is sticking with Bitcoin even as the cryptocurrency struggles after a recent dip from the key technical level of $30,000. The former White House communications director shared his bullish conviction during an interview with Bloomberg on Thursday. дальше »

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