DCG’s partial debt repayment plan was rejected by Bitvavo. The Dutch crypto exchange said it has adequate resources to keep servicing consumers. On Jan. 10, Cameron Winklevoss publicly accused DCG CEO Barry Silbert of fraud. (Read More)
Miami Heat’s Stadium To Be Renamed As FTX Loses Sponsorship
A Florida judge has ordered the cancellation of FTX’s sponsorship of the home of the Miami Heat, paving the way for new bids for the sports arena. A spokesperson for the Miami-Dade count stated that unless a new sponsor is found, the stadium will simply be known as “The Arena.” FTX Stripped Of Naming Rights […]
Ondo brings US treasuries & Institutional-Grade Bonds On-Chain
Ondo Finance recently announced tokenized US treasuries and bonds on Twitter. The latest tweets by Nathan Allman talk about helping stablecoin users invest in US Treasuries. The platform will facilitate it through a bankruptcy-remote, daily liquid, tokenized fund through licensed service providers. The goal of the integration is to help investors easily and quickly migrate […]
Play-to-earn falling out of favor after ‘massive shift in priority’ — BGA survey
Gameplay improvements will be the biggest driver of blockchain gaming adoption in 2023, according to a survey from the Blockchain Gaming Alliance. A new survey has found that the blockchain gaming industry is experiencing a “massive shift,” with the once-popular play-to-earn (P2E) model falling out of favor and focus shifting to improving gameplay experience. The […]
Bitcoin mining ETF tops equity ETF market in new year’s performance charts
After a tumultuous year, Bitcoin mining ETFs are back in the leading positions in performance charts for the first month of 2023. With the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting multi-month highs. Apart from the spot market, the equity exchange-traded […]
US CPI Rates Today -Will the Bears Restrict the Bitcoin (BTC) Price to Reach $19K?
The post US CPI Rates Today -Will the Bears Restrict the Bitcoin (BTC) Price to Reach $19K? appeared first on Coinpedia Fintech News The year 2023 appears to have activated the bulls as the crypto markets print more green candles. Bitcoin price has been recording bullish closes every day since the start of 2023, including […]
Argentina’s Proposed Crypto Disclosure Law Promotes Disclosure
Crypto holders would have to submit an affidavit detailing their holdings under the measure. Voluntarily declaring crypto assets within 90 days of the law’s implementation would result in a 2.5% capital gains tax. Next parliament will debate the measure. (Read More)
Silvergate Faces Another Securities Law Class-Action Suit
Silvergate Capital, owner of Silvergate Exchange Network and Silvergate Bank, was sued in a class action. The complaint says Silvergate’s platform missed $425 million in money laundering. The action argues the class might comprise hundreds or thousands of New York Stock Exchange-traded Silvergate shares. (Read More)
DOJ Investigating Founders of Saber Labs
The United States Department of Justice (DOJ) is reportedly begun an investigation into the founders of Saber Labs, Ian, and Dylan Macalinao, CoinDesk reports citing persons familiar with the matter. The probe surrounds how the brothers used various pseudonym identities to create or rather orchestrate inaccurate crypto gain metrics. The investigation follows a report from […]
Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case
A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Tuesday that Nikhil Wahi “was sentenced to 10 months in prison” in a “groundbreaking cryptocurrency […]