Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,687,214,469,018.49
  • 24h Vol: $51,715,002,651.18
  • BTC Dominance: 58.45%

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new-york-attorney-general-files-lawsuit-against-kucoin-and-declares-ethereum-a-security

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

Leave a Comment / Bitcoin, broker-dealer, Coinex, commodities, crypto assets, crypto exchange, crypto forums, Crypto Hacked, crypto platforms, Cryptocurrency, Developers, enforcement action, Ethereum, ethereum security, Exchange, ICO, Impact, investment, KuCoin, Lawsuit, Letitia James, Market Capitalization, New York Attorney General, News, OAG, registered, Regulation, Securities, Seychelles, Social Media, State, U.S. dollar / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the […]

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us-accounting-watchdog-issues-warning-on-crypto-proof-of-reserve-audits:-investors-urged-to-exercise-caution

US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution

Leave a Comment / accounting watchdog, advisory warning, Asset Management, asset verification, audits, Bitcoin, caution, Criticism, crypto companies, Crypto Hacked, crypto industry, Cryptocurrency, deceptive, Digital Assets, due diligence, Ethereum, Exchanges, financial accountability, financial disclosure, financial oversight, Financial Regulation, financial reporting, financial stability, incomplete, investor protection, Investors, lack of uniformity, liabilities, limitations, Martin Hiesboeck, misleading, News, PCAOB, Proof of Reserve, public trust, risk management, SEC, service providers, stablecoin issuers, Transparency, undue reliance / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and Due Diligence When Using Proof-of-Reserve Reports The U.S. accounting watchdog recently issued an

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elizabeth-warren-blames-‘crypto-risk’-for-silvergate-bank’s-liquidation,-critics-dismiss-senator’s-claims-as-‘terribly-misinformed’

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

Leave a Comment / Accusation, Allegations, AML, bank supervision, Bipartisan, Bitcoin, Blockchain, commentary, Criticism, Critics, crypto business operators, crypto CFA, Crypto Hacked, crypto risk, Cryptocurrency, disgust, downfall, due diligence, elected officials, Elizabeth Warren, Ethereum, Executive Branch, failure, fear mongering, financial institution, hardworking people, honest, Investors, Liquidation, News, political self elevation, posturing, principle of due process, propaganda, Ram Ahluwalia, Regulators, Responsibility, risky activity, scandal, Senators, Silvergate Bank, Silvergate Downfall, Silvergate Liquidation, Social Media, support, Twitter / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s opinion as “terribly misinformed” and claim that she is “tossing out egregious accusations.” Crypto Proponents Offer Different Perspectives on Silvergate

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’ Read More »

esg-analyst-daniel-batten-reveals-dynamic-charts-showing-bitcoin’s-52.6%-sustainable-energy-use

ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

Leave a Comment / Alex de Vries, Bitcoin, Bitcoin Mining Council, Blockchain, BTC, Cambridge University, Carbon Emissions, carbon footprint, CCAF, climate change, Coal, Crypto Hacked, Cryptocurrency, Daniel Batten, data, Democratic Senators, Digital Currency, Ed Markey, Elizabeth Warren, Energy Consumption, environmental concerns, environmental impact, esg, Ethereum, flare gas mining, global warming, GREEN Energy, Innovation, Jared Huffman, Jeff Merkley, Legislation, methodology, Mining Operations, News, off-grid, Renewable Energy, renewable power, renewable sources, sustainability, sustainable energy, Technology, Willy Woo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to Cambridge University Data, Analyst Says Bitcoin Mining Uses 52.6% Sustainable Energy These days, there

ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use Read More »

bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Leave a Comment / billionaire, Bitcoin, Censorship Resistant, Centralized, chat support, Crypto Hacked, Cryptocurrency, Decentralized, Digital Assets, Digital Currency, economic impact, electronic cash, Ethereum, financial institution, Financial Technology, HSBC China, Keynesian Economics, mark mobius, michael saylor, microstrategy, Monetary Policy, News, nobel prize winner, Online Payments, Paul Krugman, Payment Processors, payment systems, Peer-to-peer, Social Media, Software, subprime mortgage crash, Third Party, Twitter, Venmo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize

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silvergate-bank-announces-voluntary-liquidation-as-crypto-industry-woes-persist

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

Leave a Comment / asset preservation, bank operations, banking giant JPMorgan, Bitcoin, Circle, Coinbase, crypto exchange FTX, Crypto Hacked, crypto-friendly banking, Crypto.com, Cryptocurrency, deposit repayment, Ethereum, Financial Troubles, Gemini, industry developments, large crypto firms, liquidation plan, News, Paxos, payment platform, proprietary technology, regulatory scrutiny, residual value, SEC, SI, SI stock, Silvergate Bank, Silvergate Capital Corporation, stock downgrade, tax assets, US Securities and Exchange Commission, USD value, voluntary liquidation, wind down plan / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s

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ethereum-co-founder-vitalik-buterin’s-address-sells-trillions-of-airdropped-tokens,-causes-illiquid-coin-prices-to-plummet

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet

Leave a Comment / airborne pathogens, atmospheric chemist, Balaji Srinivasan Philanthropic Fund, Binance Smart Chain, Bitcoin, Blockchain Explorer, Blockchain security, Burn Address, Crypto Covid Relief Fund, Crypto Hacked, Cryptocurrency, CULT DAO, data analytics, Digital Assets, Dingo, ERC20 Tokens, Ethereum, Kiboshib, Kimberly Prather, low liquidity, Market Capitalizations, market volatility, MOP, News, Peckshield, shiba inu, Shikoku, Stablecoins, Tax compliance, token holders, token transfers, University of California San Diego, usd coin, Vitalik Buterin / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet Read More »

north-macedonia-says-bomb-threats-come-from-russia,-crypto-used-to-hide-origin

North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin

Leave a Comment / Bitcoin, bomb threats, conflict, Crypto, Crypto Hacked, crypto payments, Cryptocurrencies, Cryptocurrency, Ethereum, EU, false alarms, Iran, Iranian, Macedonia, Macedonian, Montenegro, News, North Macedonia, Russia, russian, Serbia, Threats, Ukraine, ukrainian, VPN, War / / / , , , , , , , , , , , , , , , , , , , , , ,

The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over 700 Facilities Targeted With Bomb Threats in North

North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin Read More »

report:-perth-mint-faces-$9-billion-recall-from-china-over-‘doped’-gold-scandal

Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

Leave a Comment / ABC News, accountability, Australia, Bitcoin, Bullion, China, Copper, cost cutting, cover-up, Crypto Hacked, Cryptocurrency, customer complaint, Dilution, doped, Doping, Doping Gold, Ethereum, ethical concerns, financial impact, global market, gold, Gold dilution, higher standards, impure, industry regulations, internal report, legal action, News, Perth Mint, Precious Metals, public trust, purity, recall, refinery, refining methods, scandal, SGE, Shanghai Gold Exchange, silver, whistleblowers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly,

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yuga-labs’-twelvefold-collection-of-ordinal-inscriptions-generates-735-bitcoin,-worth-more-than-$16-million

Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million

Leave a Comment / art market, art system, Auction, bidding, Bitcoin, Bitcoin Punks, Blockchain, blockchain technology, Bored Ape Yacht Club, Crypto, Crypto Hacked, Cryptocurrency, Demand, Digital Art, Digital Assets, Emblem Vault, Ethereum, Investors, News, nft, NFT collection, Non-fungible Token, Ord Rocks, Ordinal Inscription auction, sales, sales space, Satoshi, satpoint, Schmigge Figge, Solana, Twelvefold auction, Twelvefold collection, Yuga Labs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159 bitcoin, equivalent to $160,000. Individuals

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