Today at Chaintalk News

January 27, 2023

よく使われているDeFiサービスの特徴

By Mikako Hara

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dYdX Foundation postpones the initial release date of tokens to investors

dYdX Foundation has signed an amendment to postpone the initial release date of $DYDX tokens to its investors. Another party that has signed the amendment is dYdX Trading Inc. According to the update, the initial unlock date has been revised to December 01, 2023, with a large portion scheduled to unlock in phases. While only …
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FTX Lawyers May Interrogate Bankman-Fried Family

The crypto communities keenly observed FTX case had taken a few new turns such as the request for interrogating the
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Binance Likely To Resume LUNC Burns As This Proposal Passes

The Terra Classic chain will upgrade to v1.0.5. The Terra Classic community has passed proposal 11310 to upgrade the chain to v1.0.5. As Terra Classic core developer Edward Kim highlighted, the most critical update is an “upgrade version map hotfix.” Notably, a problem with the “upgrade keeper,” which stores historical data of the module versions The post Binance Likely To Resume LUNC Burns As This Proposal Passes first appeared on The Crypto Basic .
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US Senate Finance Committee Explored Benefits of Bitcoin Mining

Bitcoin education is booming worldwide as many investors and platforms enter the blockchain domain. Nowadays, several crypto-based organizations are coming
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Bitcoin Price Forecast: Here’s When BTC Price Will Surge Above $50K

The post Bitcoin Price Forecast: Here’s When BTC Price Will Surge Above $50K appeared first on Coinpedia Fintech News Bitcoin price has retested $23k in the past seven days after a sudden breakout from last week’s $21k resistance level. As a result, a popular analyst dubbed PlanB has highlighted that Bitcoin’s realized return just turned positive. According to the analyst, Bitcoin sellers are now taking profits instead of cutting losses. Realized return just popped …
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CFTC’s Regulator Seeks Congress to Expand Powers Over Crypto Firms

The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators. And the authority to
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Shiba Inu Burn Rate Surge 21712% As Millions Of Shib Burnt

Shiba Inu Burn Rate surges as millions of tokens are burnt. Shiba Inu’s burn rate has seen a significant increase of 21712% in the past day, as Shiba Inu enthusiasts removed over 21.81 Million SHIB in the past 24 hours. A single wallet alone burned 17.59 Million SHIB. The efforts of the community to reduce The post Shiba Inu Burn Rate Surge 21712% As Millions Of Shib Burnt first appeared on The Crypto Basic .
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XRP Price Prediction: What to Expect in the Next 48 Hours

Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. It was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb. Ripple’s main process is a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security The post XRP Price Prediction: What to Expect in the Next 48 Hours appeared first on Coin Edition .
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322M XRP Tokens Transferred by Whales in the Past 24 hours-Is it The End of Ripple vs SEC Lawsuit?

The post 322M XRP Tokens Transferred by Whales in the Past 24 hours-Is it The End of Ripple vs SEC Lawsuit? appeared first on Coinpedia Fintech News The Ripple vs SEC lawsuit is approaching its end and the possibility of producing a summary judgment emerges. In the meantime, the addresses with a huge amount of tokens, have again become active. This could be a positive indication of the incoming rally, probably the whales might have figured it out. But is the closer …
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Bahrain Property Giant Starts Accepting Bitcoin

Bin Faqeeh, one of Bahrain's biggest real estate company, has began accepting bitcoin and other crypto currencies.
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Assessing the odds of Canto DEX pushing ATOM up on the price chart

Canto DEX set a new record with a $63.2 million transaction volume. An increase in development activity and ATOM’s volume suggests good days for the Cosmos network ahead. The Cosmos-based L1 blockchain Canto DEX recently set a new record with its transaction volume reaching $63.2 million, surpassing the likes of Solana and Fantom. In addition
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Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay.
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Moonbeam Foundation gets a new Kusama parachain lease

The Moonbeam Foundation has happened to have successfully managed to get itself another Kusama parachain lease. This, in turn, will provide Moonriver the opportunity to carry on its functions in the role of a parachain without any hitches. This goes to the credit of Moonbeam Foundation. It was in the position of self-funding the further …
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Top 3 Liquid Staking Derivatives Tokens Below $50M Market Cap To Watch In January 2023

It implies “flexible staking,” which enables users to stake their coins while still maintaining the possibility of trading them. Liquid Staking Derivatives Tokens have a total market capitalization of $3,389,674,971 and a total trading volume of $393,558,991 in the last 24 hours. Note: This List is sorted by their market capitalization from lowest to highest.
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FTX Chasing Bankman-Fried Family for Answers Over Wealth: Report

Lawyers for the bankrupt FTX exchange are seeking answers from the family of alleged crypto fraudster Sam Bankman-Fried.
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Uncovering the Secret Bids: Binance, Galaxy Digital, and Others in the Race to Acquire Celsius’s Assets

The post Uncovering the Secret Bids: Binance, Galaxy Digital, and Others in the Race to Acquire Celsius’s Assets appeared first on Coinpedia Fintech News Binance, Bank to the Future, NovaWulf, Cumberland/DRW, and Galaxy Digital have reportedly submitted bids to purchase the assets of Celsius, a leading crypto lending platform. According to crypto blogger Tiffany Fong, the bids were submitted in secret in November 2022. Binance offered $15 million, with $12 million going to the company and $3 million to …
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SEC Probing Investment Advisors Over Crypto Custody: Report

The United States Securities and Exchange Commission (SEC) is conducting an inquiry into registered investment advisers about whether they are following rules around custody of client crypto assets.
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New Court Filings Reveal FTX Owes Money to Apple, Binance, and More

According to court documents, the bankrupt crypto exchange FTX owes money to several companies, including Apple, Binance, Coinbase, Netflix, and
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Bitcoin Price Prediction 2023-2030: Will BTC Price Hit $30,000 Soon?

Bullish Bitcoin (BTC) price prediction ranges from $20,500 to $34,000. Analysis suggests that the BTC price might reach above $32,000 soon. The BTC bearish market price prediction for 2023 is $16,600. Bitcoin (BTC) is the most prominent cryptocurrency and has enormous growth potential. The technical analysis used to create this forecast for the price of The post Bitcoin Price Prediction 2023-2030: Will BTC Price Hit $30,000 Soon? appeared first on Coin Edition .
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Aptos Price Analysis & Prediction (Jan 26th) – APT Still Holds 80% Gains After Past Days of Correction, More Rally?

Despite past days of correction, the price of Aptos is still up by over 80% in a week. It has found support and now footing a fresh bullish rally. Following this month’s recovery across the crypto market, Aptos saw a big price movement and at the same time posted a lot of gains in the
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US institutions account for 85% of Bitcoin buying in 'very positive sign' — Matrixport

Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.
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cointelegraph

US institutions account for 85% of Bitcoin buying in 'very positive sign' — Matrixport

Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.

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Top 3 Altcoins to Splash Out in February 2023-Do You Have Some in your Portfolio?

The post Top 3 Altcoins to Splash Out in February 2023-Do You Have Some in your Portfolio? appeared first on Coinpedia Fintech News The crypto space has geared up due to which a significant bullish momentum has piled up within the markets. As long as Bitcoin price continues to sustain above the gained levels, altcoins are believed to thrive and showcase a notable upswing in the coming month. The large-cap altcoins are supposed to surge as BTC price …
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Bitcoin Prices and Ethereum Prediction; Could BTC and ETH Breakout for 5% Gains Before the Weekend?

Over the past few days, Bitcoin and Ethereum have been experiencing choppy trading, possibly due to the Chinese Lunar New Year, as Asian investors are out on holiday. With the current market conditions, many investors are wondering if BTC and ETH could break out for 5% gains before the weekend. ... Read More: Bitcoin Prices and Ethereum Prediction; Could BTC and ETH Breakout for 5% Gains Before the Weekend?
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Decoding MKR’s price action after MakerDAO burn activity hit highs

The MakerDAO burn strategy was in one of its most active states. MKR’s momentum could eventually become bearish. Decentralized Finance protocol and builders of DAI, MakerDAO [MKR] have been involved in burning its tokens as part of its tokenomics strategy. This fascinating activity has been happening since 2018. And, in turn, has helped MKR holders
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Here’s How Much Shiba Inu (SHIB) Robinhood Holds

Robinhood holds roughly $266 million worth of Shiba Inu (SHIB) after listing the token in 2022
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Cronos Price Prediction 2023 – 2025: Will CRO Price Hit The $1 Mark In Coming Years?

The post Cronos Price Prediction 2023 – 2025: Will CRO Price Hit The $1 Mark In Coming Years? appeared first on Coinpedia Fintech News The year 2021 had turned out to be a gamechanger for most of the groundbreaking altcoin projects. Interestingly, Cronos blockchain past performance had exhibited rapid volatility throughout the year. Turned out to be one of the innovative projects to look out for in the long term. The key goal of the platform is focused on …
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Report Says Wall Street Advisors Probed by SEC Over Crypto Custody

The U.S. SEC has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. According to a Reuters report that cited three sources with knowledge of the inquiry, the SEC’s investigation has been going on for several months already but accelerated after the collapse of crypto exchange FTX. The investigations by the SEC have not been known previously before as the agency’s inquiries are not public, said the sources. SEC Trying to Ascertain Whether Or Not Wall Street Advisors Adhered to the Guidelines As per the Reuters report, much The post Report Says Wall Street Advisors Probed by SEC Over Crypto Custody appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Should Aptos Holders Sell Or Ride The Bullish Wave? Here’s What Experts Predict On APT Price

The post Should Aptos Holders Sell Or Ride The Bullish Wave? Here’s What Experts Predict On APT Price appeared first on Coinpedia Fintech News The altcoin market is buzzing with excitement as the Aptos token’s price surges exponentially and sparks bullish expectations among its investors. In recent weeks, the APT price has touched multiple highs and aims to extend its bullish momentum further as it shows no sign of slowing down. The astronomical pump in the Aptos price chart …
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Atomic Wallet Confirms Support for Shiba Inu Layer-2 Network Shibarium

Atomic Wallet said it would provide support for Shiba Inu’s L2 network. Atomic Wallet, a non-custodial decentralized wallet, has announced plans to support Shiba Inu’s upcoming Layer-2 network Shibarium after launch. In a tweet yesterday, the prominent crypto wallet provider took to Twitter to announce its plans to support Shibarium, saying: “We’re going to support The post Atomic Wallet Confirms Support for Shiba Inu Layer-2 Network Shibarium first appeared on The Crypto Basic .
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Binance was Allegedly Among Companies Bidding for Celsius Network Assets

The crypto blogger claimed that bids are "for the most part, abandoned."
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Shiba Inu Makes A Skyrocketing Price! These Are The Price Levels For A Bullish Breakout

The post Shiba Inu Makes A Skyrocketing Price! These Are The Price Levels For A Bullish Breakout appeared first on Coinpedia Fintech News Is SHIB’s price staggering surge a sign of a bullish season or a risky gamble? Well, the answer to this remains a mystery as the meme coin’s price trades unpredictably nowadays. The popular meme coin Shiba Inu has made a solid start this year, gaining over 40% in just a few days, pushing investors to …
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Binance Transferred 20,000 BTC to Alleged Money-laundering Bitzlato

Top cryptocurrency exchange Binance processed over $346 million in Bitcoin for Bitzlato, a Hong-Kong-based digital currency exchange that was seized last week due to alleged ties with dark net markets. The founder of Bitzlato, Anatoly Legkodymov, was arrested by U.S. authorities on January 18 and has been charged by the U.S. Justice Department with operating The post Binance Transferred 20,000 BTC to Alleged Money-laundering Bitzlato appeared first on Coin Edition .
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IOG Moves Toward Cardano and Cosmos Interoperability With World Mobile Partnership

World Mobile will integrate its permissioned blockchain built with Tendermint as a Cardano sidechain. World Mobile has announced that it will take advantage of Input Output Global’s recently revealed sidechain toolkit to integrate its permissioned chain built using Cosmos’ Tendermint as a Cardano sidechain. The World Mobile team revealed this in a tweet yesterday. Per The post IOG Moves Toward Cardano and Cosmos Interoperability With World Mobile Partnership first appeared on The Crypto Basic .
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Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round

PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first NFT project to utilize
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Shiba Inu Plummets: Early Investors Cash Out, Will the SHIB Price Recover?

The post Shiba Inu Plummets: Early Investors Cash Out, Will the SHIB Price Recover? appeared first on Coinpedia Fintech News Despite a recent bearish wave brought on by the broader market headwinds, Shiba Inu (SHIB) has managed to maintain stability above its key support levels. Bullish sentiments on Shibarium have dwindled as a result of the recent lack of noteworthy updates, leaving the asset vulnerable to bearish swings. Important advancements in the L2 network’s development …
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Aptos (APT) Hits New All-Time High

The global crypto market has soared due to the overbought condition. As the layer1 proof-of-stake (PoS) cryptocurrency, Aptos ($APT) continues
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BTCC Exchange And Its Market-Leading Liquidity

The post BTCC Exchange And Its Market-Leading Liquidity appeared first on Coinpedia Fintech News BTCC is a UK-based cryptocurrency exchange that makes futures trading safe and accessible for everyone. Thanks to the platform’s market-leading liquidity, BTCC has been a secure trading platform for users worldwide since the exchange’s establishment in 2011. What Is Market Liquidity (And Why Does It Matter In Trading)? A commodity is “liquid” when it can …
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Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame?

The post Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame? appeared first on Coinpedia Fintech News The third largest stablecoin, Binnace’s BUSD, has seen its circulating supply drop by a margin of $7 billion in less than a month. According to aggregate data provided by Coingecko, BUSD has a market capitalization of approximately $15,567,358,149 and a 24-hour trading volume of about $12,233,687,375. Mid-December BUSD enjoyed a market share of about $22 …
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cointelegraph

US securities regulator probes Wall Street over crypto custody: Report

The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources.

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US securities regulator probes Wall Street over crypto custody: Report

The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources.
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Has Bitcoin Bottomed? (Technical Analysis)

Summary Bitcoin has rallied over 30% in the last month. Market participants are calling a bottom, and so as a lot of the evidence. With that said, I remain sceptical of this rally, and even if a bottom is in, there is no need to chase here. Thesis Summary With the latest rally, many investors are calling for a Bitcoin (BTC-USD) bottom to be in. In this article, I present compelling evidence that this could be the case, though I still hold that, given the macroeconomic outlook, if not a new low, we should re-test these recent lows in the second half of the year. We’ve broken resistance; for now First and foremost, it is worth mentioning that, following the recent rally, Bitcoin has broken above the trendline resistance coming from the top of the bear market. This is an initial bullish signal, and combined with other metrics helps build a bullish case as long as we can remain above it. BTC Price and Hash ribbons (TradingView) Another key metric shown below the price chart is the hash ribbons. We can see below the Bitcoin price chart that the 30 day hash rate Moving Average has crossed above the 60 day MA. This has triggered a buy signal, which in the past has been a good indicator of an impending rally. The hash ribbons show a shift towards positive momentum in Bitcoin mining. The Halving Cycle BTC Halving Cycle (Seeking Alpha) The halving cycle has been a theory used to predict Bitcoin tops, bottoms and turns for some time, and so far it hasn’t failed. We can see that, since its inception, Bitcoin’s price follows very clear dynamics before and after each of its halving events, where the mining reward of Bitcoin is halved. Following halving events, Bitcoin rallies for around 2 years. This is followed by a bear market and a consolidation phase as we approach the next halving event. For reference, last time, Bitcoin bottomed 517 days before its halving. Bitcoin struck a low at $15,500, just around the 500-day mark Speaking of cycles, it’s also worth mentioning that in the last bear market, BTC spent 386 days beneath the 200-day MA, which we have broken above now, after 381 days beneath it. BTC 50 day MA (Author's work) On-chain metrics Some other interesting metrics can be found on the Blockchain itself. Since all transaction data is available to us, we can gain some interesting insights by examining what transactions have taken place and who has carried them out. BTC Realized Price (Author's work using data from Glassnode) In the chart above we can see a visual representation of the Realized Price, the Realized Price for Long-term holders and the Realized Price for Short-term holders. Now, the realized price, which I’ve talked about before, is the average price at which each Bitcoin moved last. In a way, it can be seen as the break-even point of the market. Below the realized price, the market is in losses, and when above, it is in profits. Now, we also have the Short-term holder realized price, which is the realized price for coins that have been held under 155 days, while the long-term holder realized price is the realized price of coins held over 155 days. It’s important to note that these are not static lines, even though they are represented as such in this chart. The value of the realized price changes with every transaction. This is why the STH Realized Price is the lowest of the three. This shows that a significant amount of coins moved during the last sell-off, which lowered the Realized price for this cohort. What’s notable is that the actual price has now broken above these three metrics, which has completely shifted the momentum in the market. People who have just bought Bitcoin are in profit, which could revive market sentiment. For a long time, Bitcoin has failed to push higher due to a lack of interest by the general public, who was still burned from the descent from all-time highs. As price climbs, this momentum shifts, and breaking above these profitability points is a key metric. What to look for moving forward So, has Bitcoin bottomed? The only adequate answer I can give is that there is insufficient evidence of this. For starters, we have yet to break above the 200-week moving average. Bitcoin outlook (Author's work) This metric is also watched closely in Bitcoin. In the past, it has acted as strong support in bear markets, but also as a strong resistance. The 200 week moving average currently stands at around $24,500. It’s interesting to see that the 50 week moving average is converging here and this is also very near where Bitcoin made a local top in May. From an Elliott Wave perspective, we also don’t have enough evidence to call for a bottom. We have yet to complete an initial five-wave impulse for a large degree wave 1. Once that is complete, we must see a corrective retracement that holds the recent low. This would be a good point to enter the market. But, still, we wouldn’t truly confirm a bottom is in until we rally back above the wave 1 high. Takeaway If we can break above the 200-week MA, then the next spot of resistance would be just south of $30,000. From there, I would expect a substantial pullback, which, if corrective, would give us an opportunity to go long back at around $20,000, though I can’t give exact levels. I am still sceptical of this rally since we haven't reached the Delta Price , but strong evidence supports the case that a bottom is in. Ultimately, these are good levels to build a position, and for those still uneasy, a clearer opportunity should present itself in a wave 2 pullback.
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Dogecoin (DOGE) Might See Massive Rally; Are the Bulls Fully in Control?

The post Dogecoin (DOGE) Might See Massive Rally; Are the Bulls Fully in Control? appeared first on Coinpedia Fintech News World’s largest meme token Dogecoin (DOGE) is seeing some huge bullish action right now. The Elon Musk-loved token has increased by about 9% in the past seven days at the time of writing and 2% in the past twenty-four hours. It should be noted that even before the current surges in prices, DOGE had been …
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AAVE could trade sideways until early next week- Should you continue HODLing?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion AAVE’s uptrend was slowed and forced into a range. Price/Open Interest divergence could undermine further short-term uptrend momentum. Aave [AAVE] has been in price consolidation since mid-January. Similarly, Bitcoin [BTC] has been trading sideways
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Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal

The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB)
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Bitcoin Cash Analysis: Bulls Aim A Push To $150

Bitcoin cash started a decent increase above the $120 and $125 resistance levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $130 on the 4-hours chart of the BCH/USD pair (data feed ... The post Bitcoin Cash Analysis: Bulls Aim A Push To $150 appeared first on Live Bitcoin News .
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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.
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cointelegraph

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.

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MATIC Price Prediction: Rallies 10%, Polygon Bulls Aim Big

MATIC price started a fresh increase from the $0.920 support zone. Polygon bulls are now aiming more gains above the $1.12 resistance zone. MATIC price started a fresh rally above the $0.98 resistance against the US dollar. The price is trading above $0.98 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1.02 on the 4-hours chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise towards the $1.18 and $1.20 resistance levels. Polygon’s MATIC Price Rallies Above $1 This week, polygon’s price formed a strong base above the $0.900 zone. MATIC remained stable and started a fresh increase above the $0.95 resistance zone. There was a strong move above the $1.0 level and the 100 simple moving average (4-hours). Besides, there was a break above a key contracting triangle with resistance near $1.02 on the 4-hours chart of the MATIC/USD pair. The price traded to a new yearly high at $1.1298 and is currently consolidating gains. It is trading above $0.98 and the 100 simple moving average (4-hours). It is also trading near the 23.6% Fib retracement level of the upward move from the $0.942 swing low to $1.129 high. It is up over 10% in a day, outperforming bitcoin and ethereum. On the upside, an immediate resistance is near the $1.12 level. The first major resistance is forming near the $1.15 zone. Source: MATICUSD on TradingView.com If there is an upside break above the $1.12 and $1.15 resistance levels, the price could start another strong increase. In the stated case, the price could rise steadily towards the $1.20 level. Dips Limited in MATIC? If MATIC price fails to rise above the $1.12 and $1.15 resistance levels, it could start a downside correction. An immediate support on the downside is near the $1.080 level. The main support is near the $1.050 level or the 50% Fib retracement level of the upward move from the $0.942 swing low to $1.129 high. A downside break below the $1.050 level could open the doors for a fresh decline towards $0.98. The next major support is near the $0.92 level. Technical Indicators 4-hours MACD – The MACD for MATIC/USD is gaining momentum in the bullish zone. 4-hours RSI (Relative Strength Index) – The RSI for MATIC/USD is now above the 50 level. Major Support Levels – $1.05 and $0.98. Major Resistance Levels – $1.12, $1.15 and $1.20.
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Delaware Court Releases A Long List of Institutional Investors that Credited FTX

The post Delaware Court Releases A Long List of Institutional Investors that Credited FTX appeared first on Coinpedia Fintech News The FTX and Alameda implosion, which has been described as the fastest big corporate failure in American history, affected international government agencies, media corporations, airlines, and manufacturing companies, among many others. Judge John Dorsey, who is overseeing the bankruptcy proceedings, allowed the FTX lawyers to publish a list of institutional investors that credited money to …
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Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.
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cointelegraph

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.

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Mango Markets Hack: Parent Company Files Lawsuit Against Perpetrator

The post Mango Markets Hack: Parent Company Files Lawsuit Against Perpetrator appeared first on Coinpedia Fintech News Mango Markets is a DeFi platform based in Solana that trades digital assets for spot margin and trading perpetual futures. It was the target of an exploit hack in October 2022. By manipulating the DeFi protocol’s collateral, the attacker was able to steal more than $100 million from it and obtain a significant amount of …
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Congressman Hill to 'make sure' US is the place for blockchain innovation

The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation.
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cointelegraph

Congressman Hill to 'make sure' US is the place for blockchain innovation

The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation.

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cointelegraph

Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets

Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets.

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cointelegraph

UK's FCA hints at why its given only 15% of crypto firms the regulatory nod

The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.

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cointelegraph

CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers

Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises.

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cointelegraph

US Senator Ted Cruz pushes for crypto in Congress ... using snacks

A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines.

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cointelegraph

Keep an eye out for major company NFT trademark filings this year

NFT trademark filings by companies aren’t just a marketing stunt. According to a trademark lawyer, they have to use what’s in the application.

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cointelegraph

Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil  On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over embezzlement allegations. That same day, the Financial Investigation Second Division of the […]

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cointelegraph

Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough

Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.

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cointelegraph

SEC once again rejects ARK 21Shares Bitcoin ETF listing

Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors.

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cointelegraph

Moody’s to build scoring system for stablecoins: Report

Moody's is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets.

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cointelegraph

ISDA releases standard definitions for digital asset derivatives

The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.

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cointelegraph

Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse

Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC.

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cointelegraph

Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle

The senators co-authored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly.

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cointelegraph

Polkadot restates its case that DOT has ‘morphed’ away from security status

The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security.

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cointelegraph

88x Finance partners with Axelar Network for cross-chain yield aggregator

The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.

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cointelegraph

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

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cointelegraph

Porsche NFT trading volume nears $5M despite launch woes, minting halt

Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.

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cointelegraph

Opinion: Barry Silbert keeps quiet as Genesis goes down in flames

Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.

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cointelegraph

Crypto-friendly Stripe weighs public offering: Report

In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.

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cointelegraph

FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report

Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.

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cointelegraph

Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack

Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.

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cointelegraph

US Justice Department seizes website of prolific ransomware gang Hive

The group is known to have targeted critical infrastructure, healthcare providers and more over the past two years.

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cointelegraph

Bitcoin can still crack $50K if gold correlation continues — Chart

BTC price performance may encounter a new magnet above the $50,000 mark if gold continues to be a trendsetter.

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cointelegraph

The legal dangers of getting involved with DAOs

Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds. Another legal trap may be found simply working for a DAO — and implementing community decisions that turn out to be illegal in some far-flung jurisdiction. With many DAO communities […]

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cointelegraph

Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023

“It’s about taking inspiration from what we’ve done.” Lugano’s Plan B hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences.

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cointelegraph

Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023

A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023.

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