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Cryptocurrency News

Location American Cryptocurrency News for 12 April 2023

World Regulators Are Looking at DeFi

Coin Desk - 12 Apr 2023 01:02
World Regulators Are Looking at DeFi Decentralized finance (DeFi) is entering regulators' crosshairs, but they don't seem to be intent on taking it out - yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understandi...
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Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s...
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Bill limiting incentives for crypto miners passes Texas Senate, moves to House Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13.
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FTX's Bankruptcy Lawyers: 'The Dumpster Fire Is Out' Five months after the spectacular implosion of FTX, the Bahamas-based exchange's new legal team has a message for both the U.S. bankruptcy court and creditors alike: "The situation has been stabilized and the dumpster fi...
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Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada Paxos, whose businesses include crypto brokerage and stablecoin issuance, is exiting the Canadian market, effective June 2, according to a posting on its website.
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Top DeFi Insurer Paid Millions to Euler Hack Victims. Now, Nexus Mutual Wants Its Money Back Nexus Mutual is one of the biggest insurance platforms for DeFi deposits. Some crypto holders who lost money to Euler filed claims, only to get their money back. Now, Nexus wants its share back, too.
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Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened...
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Ethereum Shanghai Upgrade Will Be a 'Game Changer' for ETH Token Holders, RockX CEO Says The "Shapella" upgrade will be the first time the network has a long term market risk free yield curve, and with a growing prevalence in staking, it may help to establish benchmark interest rates for blockchain-based mon...
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New Privacy Blockchain Namada Proposes First-Ever Shielded Airdrop to Zcash Namada is a layer 1 blockchain for multichain privacy, according to a release provided to CoinDesk.
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Ethereum price metrics hint that ETH might not sell-off after the Shapella hardfork ETH traders are exercising caution ahead of the April 12 Shapella hardfork, but the signal to watch is staking unlock requests.
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Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.
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Bitcoin Price Prediction as US Core Inflation Data is Released - Bear Market Over? The cryptocurrency market has been factoring in the recently released US CPI figures, which have underperformed expectations. Many speculate on how this crucial economic indicator will impact Bitcoin's price trajectory. ...
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Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says Ahead of the late-Wednesday change, also known as Shapella, less than 1% of previously staked ETH is in the queue waiting to be withdrawn.
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Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chi...
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Best Crypto to Buy Now 12 April

Crypto News - 12 Apr 2023 19:30
Best Crypto to Buy Now 12 April Get ready to embark on an exhilarating journey through the world of cryptocurrencies as we unveil the best altcoins for April: SOL, RNDR, FTM, and the highly anticipated SWDTKN presale. These digital assets are making wa...
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Everything You Need to Know About Ethereum's Big Upgrade After the Shanghai and Capella updates go live, ETH stakers will finally be able to withdraw their tokens. So what does that mean?
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LayerZero's multi-chain ecosystem grows as airdrop hunters ramp up their efforts Applications built on LayerZero's cross-chain messaging protocol are gathering momentum primarily due to excitement over a potential airdrop.
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RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes PRESS RELEASE. After RenQ Finance achieved remarkable success by completing stage 4, they generated immense excitement among investors after embarking on stage 5. In just the last 24 hours of stage 5, RenQ has secured ov...
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Mysterious FTX Co-Founder Gary Wang Cooperates with Prosecutors: Inside the Failed Crypto Empire The little-known FTX co-founder Gary Wang is reportedly cooperating with prosecutors after pleading guilty to fraud in December. The cooperation between Wang and prosecutors has been centered around his role at FTX, incl...
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'Bitcoin is a gambling token, and it doesn't have any intrinsic value' -- Warren Buffett The nonagenarian said there's been an "explosion of gambling" while comparing Bitcoin to roulette, sports booking and chain letters.
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Wisdom Tree, T. Rowe Price Among TradFi Firms to Test Avalanche's Blockchain Subnet The Subnet will offer the companies opportunity to make trade execution and settlements more efficient.
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Large Bitcoin Investor Sent $330M in BTC to Bitfinex Exchange Before Price Dropped Below $30K: Blockchain Data The bitcoin 'whale' was the 14th largest bitcoin holder until mid-March, controlling $1.2 billion in BTC, according to BitInfoCharts.
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