Shiba Inu Metaverse Faces Decision
The Shiba Inu community is still eagerly awaiting the launch of the layer-2 technology Shibarium. While there are some hints and speculations that the launch date is scheduled for Valentine’s Day, February 14, there is no confirmed official launch date yet. With the launch coming soon, the SHIB Army currently has an important decision to…
Celsius Accused Of Using New Customers Funds To Settle Past Withdrawals
Digital asset platform Celsius is facing allegations of using new customer funds to pay for previous withdrawals. An independent examiner’s report by Shoba Pillay found that the company used these funds for over a year, potentially putting their customers’ investments at risk. Uncovering Celsius Illicit Acts Celsius has been growing in popularity in recent years,…
Here’s how crypto wallets are detecting scammers, courtesy Coinbase
The most recent cryptocurrency wallet service to roll out transaction previews and blocklists is Coinbase. The bitcoin exchange now stands alongside many other vendors of cryptocurrency wallets. In response to an increase in cryptocurrency thefts, U.S.-based cryptocurrency exchange Coinbase has introduced transaction previews and blocklists. On 30 January, the cryptocurrency exchange stated that it had…
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country – Regulation Bitcoin News
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after Congress rejected the veto…
Hong Kong to Require Stablecoin Licensing as Early as This Year
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said. Source link The post Hong Kong to Require Stablecoin Licensing as Early as This Year first appeared on Cryptobite. source https://cryptobite.io/hong-kong-to-require-stablecoin-licensing-as-early-as-this-year/?utm_source=rss&utm_medium=rss&utm_campaign=hong-kong-to-require-stablecoin-licensing-as-early-as-this-year source https://cryptobite2.wordpress.com/2023/01/31/hong-kong-to-require-stablecoin-licensing-as-early-as-this-year/
SEC settles on security claim in LBRY case, community calls it a big win for crypto
The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY tokens in the secondary market doesn’t constitute a security. The settlement came during an appeal hearing in the LBRY vs. SEC case on Jan. 30. LBRY Hearing: The Stakes for ALL Crypto https://t.co/YPbrBkw0Od — CryptoLaw (@CryptoLawUS) January 30, 2023…
Cryptegrity DAO (ESCROW) is Now Available for Trading on Hotbit
Advertisement     Hotbit Exchange, a global crypto trading platform, officially listed $ESCROW (Cryptegrity DAO) on January 27, 2023. The ESCROW/USDT trading pair is now available for all users of Hotbit Exchange. To increase trust and protect the funds of buyers and sellers, Cryptegrity DAO (ESCROW) has introduced a means to trade crypto…
Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.
“If demand for trading on the FTX platform increased, demand for the FTT token could increase, such that any price increase in FTT would benefit holders of FTT equally and in direct proportion to their FTT holdings,” the SEC wrote in its complaint. “The large allocation of tokens to FTX incentivized the FTX management team…
Australian Government Flagged FTX Concerns Eight Months Before Downfall
A new report shows that the fallen crypto exchange FTX had already caused concerns with the Australian regulator months before its collapse. According to a document on The Guardian Australia’s website, the ASIC (Australian Securities and Investments Commission) started investigating the firm’s local operation last March. An article in the Australian Financial Review prompted the…
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust, which has reportedly reduced its employee count by a third. The reduction would equate to…
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