Binance.US Explores Options to Reduce Majority Stake Owned by CZ amid regulatory scrutiny: Report | Curated CoinCodeCap #14 May 2023
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While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Celsius’ Leaked Documents Reveal Bold Business Plans Prior to Bankruptcy
The Celsius Web Services (CWS) initiative, which Celsius Network offered to Goldman Sachs and ADQ, aimed to white-label its products, especially those with a yield and custody focus.
Alex Mashinsky, a former CEO of Celsius, was the driving force behind CWS and sought to fund $1 billion to launch the initiative. Keep Reading »
Jump Trading accused of manipulating TerraUSD stablecoin price, faces lawsuit
The lawsuit claims that Jump Trading was an early partner and primary financial backer of Terraform Labs, entering into various agreements with the Do-Kwon-owned firm
Allegedly, Jump borrowed tens of millions of LUNA tokens from Terra and provided market-making services for transactions in LUNA, UST, and UST. Keep Reading »
BTC Miner Riot sues Rhodium Enterprise over alleged unpaid $26 Mln hosting fees
According to the lawsuit filed by Riot, Rhodium “deliberately miscalculated” the amount it owed in hosting fees for Riot’s services.
Riot alleges that Rhodium cheated Whinstone out of $26 million from 2021 to the first quarter of 2023. Keep Reading »
BlockFi Receives Court Approval To Refund $297 Million to Users
As part of its bankruptcy procedures, BlockFi is given authorization to repay $297 million to a select group of consumers.
Customers with BlockFi Interest Accounts [BIA] are ineligible for the refunded money. Keep Reading »
Montenegrin Authorities accepts $400,000 bail offer for Terra Luna founder Do Kwon
As per announcement, in the event of a violation of the house arrest, the bail amount will be transferred to a “special fund” of the court’s operational budget
In addition to bail, the court imposed a measure prohibiting Do KwON from leaving his residence, which the court considers to substitute for imprisonment to a significant extent Keep Reading »
US Chamber of Commerce labels SEC ‘Unlawful’ for Action Against Coinbase
The SEC has come under fire for its regulatory approach from Coinbase and the cryptocurrency industry, with the support of the U.S. Chamber of Commerce.
According to a court petition, Innovation has been impeded by the SEC’s delayed and ambiguous regulatory measures. Keep Reading »
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BIS releases guidelines for offline CBDCs payments
A thorough guide has been released by the Bank for International Settlements Innovation Hub with the aim of helping central banks adopt offline CBDC.
BIS claims that using CBDC for offline payments introduces new dangers linked to fraud, forgery, and privacy issues. Keep Reading »
NFT Market Analysis February 2023
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of. Keep Reading »
Market Updates
Bone Token :Can Bone token hit $100?
BONE Tokens serve several purposes within the Shiba Inu ecosystem. Holders of BONE can participate in governance by voting on critical decisions. Additionally, BONE Tokens can be staked or utilized for liquidity provision on ShibaSwap, which can lead to rewards. Keep Reading »
AMP Price Prediction and Analysis: Can It Reach New Highs
Amp (AMP) crypto lets you transfer value instantly and securely across different networks and platforms. It works as collateral that guarantees payments and reduces fraud and chargebacks. Amp crypto is used by the Flexa network, which lets you spend crypto at various merchants. Amp also supports other use cases like lending, exchange, and remittance. Keep Reading »
When will Shiba inu coin reach $1? Price Analysis of SHIB
As of May 1, 2023, SHIB is trading at around $0.000010 per token. It has a market capitalization of about $6 billion, making it the 15th largest cryptocurrency by that measure. It has a circulating supply of 589.6 trillion tokens and a total supply of one quadrillion tokens.
SHIB has experienced a lot of volatility in its price history, reaching an all-time high of $0.000032 on May 10, 2022, and an all-time low of $0.00000006 on November 28, 2020. In addition, it has also been affected by broader crypto market trends, such as the bull run in early 2022 and the crash in late 2022. Let’s take a look at the chart for trend analysis Keep Reading »
Buy Pancat Cryptocurrency : Scam or Goldmine?
If you are a fan of memes and crypto, you might have heard of Pancat Coin, a project that combines both. Pancat Crypto is or should we say was meme-based crypto project built on the Polygon Network, a layer-2 scaling solution for Ethereum. Pancat Coin was initially developed as a meme token but has evolved into something more ambitious and innovative.
The project is having a sort of resurgence in terms of internet searches. So, let’s have a look at what Pancat crypto was, what the project aimed and what’s the current status of this project? Keep Reading »
Top 3 Best Gaming Cryptos for May 2023
ILV is the native token of Illuvium, a decentralized open-world RPG game that features stunning graphics and immersive gameplay. Illuvium allows players to explore a vast world, capture and battle creatures called Illuvials, and trade them in the marketplace. Additionally, ILV is used to stake, govern and earn rewards in the game. ILV had a great rally lately, reaching an all-time high of $1,604 on November 30th. ILV is trading at around $45, with a market cap of over $121 million. Keep Reading »
What Can You Buy With 10 Bitcoins Today? A Lot More Than You Think!
Bitcoin’s price fluctuates depending on supply, demand, market sentiment, and events. As of May 6, 2023, one bitcoin is worth about $29,378, meaning 10 bitcoins are worth about $293,780. That’s a lot of dough! On the other hand, this is a significant increase from the all-time low of $0.04865 in July 2010, when you could barely buy a gumball with one bitcoin. And it is a substantial decrease from the all-time high of $68,789.63 in November 2021, when you could buy a small island with one bitcoin. Keep Reading »
Top 3 Crypto to Buy in Summer 2023
Finally, we can’t discuss the top cryptocurrencies to keep an eye on without mentioning Bitcoin. Bitcoin is the original cryptocurrency and still the most valuable. If it manages to cross the big $30k hurdle with good volumes, then predictions go as high as $100,000. Keep Reading »
5 Best Crypto Coins to Invest in May 2023
In a daily time frame, the price is moving above the Horizontal S/R zone. A bounce is expected from here. On the other hand, if it breakdown the S/R zone with a successful retest, then it can go downward. Keep Reading »
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