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Cryptocurrency News

Location American Cryptocurrency News for 28 April 2023
Microstrategy Founder Michael Saylor to Argentines: 'You Need Bitcoin' -- Critics Insist BTC Is Too Volatile Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said th...
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Former President Donald Trump Says US Dollar Is Crashing -- Warns 'We're Very Close' to World War III Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war hap...
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Coinbase Shares Wells Response, Challenges SEC's Change in Attitude Towards Its Core Businesses On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The ...
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Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
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Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines The miner signed deals with three firms to host rigs in sites where the Celsius Mining fleet was recently unplugged from.
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Russian Bitcoin Wallets Unmasked by Anonymous Hacker - Here's What Happened Bitcoin wallet addresses controlled by Russian security services have been revealed by an unknown person or group, according to blockchain intelligence firm Chainalysis. In a now-deleted tweet originally posted on Thursd...
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DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit Decentralized finance (DeFi) protocol 0VIX has lost $2 million in a flash loan exploit, according to on-chain data.
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Systemic Swiss Banks Not Ready for Crisis, Regulator Says Switzerland's financial regulator is not satisfied with the emergency plans of two of the Alpine nation's five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority...
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First Mover Asia: Bitcoin Holds Steady Above $29K as Investors Look Toward Next FOMC Meeting ALSO: William Shatner, Star Trek's Captain Kirk, releases an NFT collection and touts the potential of crypto in an entertaining half-hour discussion at CoinDesk's Consensus 2023 conference.
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Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said.
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5 Consensus 2023 Takeaways

Coin Desk - 28 Apr 2023 23:57
5 Consensus 2023 Takeaways Members of our CoinDesk editorial team got together on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfol...
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DeFi Needs More Than 'Synthetic High-Yield Products': Dragonfly's Haseeb Qureshi The venture capitalist discusses non-ZIRP monetary policy, rebooting crypto's market structure and why Ponzi bubbles always burst.
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'Opportunism and Demagoguery' Fuel the U.S. Regulatory Crackdown, Steptoe Partner Says Steptoe Partner Jason Weinstein, on the stage at Consensus 2023 in Austin, Texas, said this latest wave of crackdowns on the crypto industry is the worst he has ever seen.
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Web3 News From Consensus

Coin Desk - 28 Apr 2023 22:24
Web3 News From Consensus A special edition of The Airdrop on the ground in Austin at CoinDesk's festival.
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Bermuda Premier David Burt: 'Nobody Is Coming to Bermuda to Flee Regulation' Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda to be regulated.
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Bitcoin Use Cases Are Seeing 'Explosive Growth,' Trust Machines Says "Bitcoin is fun again because there's a place to build again," said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.
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Terra Classic Advocates Propose Plan to Re-Establish USTC's Peg With US Dollar, Token's Value Surges by Over 9% Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockch...
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Bitcoin Price Prediction as Bulls Target $30,000 Level - Is the Bear Market Over In this Bitcoin price prediction, we'll explore the possibility of bulls targeting the $30,000 level and discuss whether the recent momentum could signal the end of the bear market. With the cryptocurrency market witness...
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JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year's market downturn. According to Tyrone Lobban, the head of JPMorgan's digital asset an...
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Mastercard Launches Crypto Credential Service for Cross-Border Transfers The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021.
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Yuga Labs CEO: 'The Metaverse Is Not New'

Coin Desk - 28 Apr 2023 20:07
Yuga Labs CEO: 'The Metaverse Is Not New' The company behind the Bored Apes Yacht Club has a new CEO from Web2, and he knows that you can't build Web3 with a Web2 mindset.
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How would a US debt default impact Bitcoin?

Coin Telegraph - 28 Apr 2023 20:02
How would a US debt default impact Bitcoin? Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market.
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