ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles...
Month: January 2023
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing...
Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack
According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month....
BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’
A new 100-week "point of control" is appearing below $17,000 as the age-old Bitcoin trading range endures. Bitcoin (BTC) could...
Huobi confirms 20% layoffs, denies insolvency rumors
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new...
1.5M houses could be powered by the energy Texas miners returned
Bitcoin miners appeared to be the model consumers for the ancillary services in the state. During the winter storm in...
MetaMask removes Wyre from aggregators amid shutdown reports
Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal...
Doubts mount over Huobi’s future as harsh layoff rumors denied
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the...
2023 could be a rocky year for crypto venture investments: Galaxy Research
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year? 2022...
FTX customers want more info on FTX’s plans to sell subsidiaries
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto...
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company...
Wash trading will cause crypto’s next implosion: Mark Cuban
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner. Crypto token wash...
Why isn’t there a VR client yet for Decentraland or The Sandbox?
“VR has always been part of Decentraland’s vision,” a developer working on the platform’s VR client told Cointelegraph. The Metaverse...
