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Cryptocurrency News

Location American Cryptocurrency News for 19 May 2023
Venezuela's President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: "This is the path of Ven...
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Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed. Embed was acquired by FTX's American branch FTX.US in mid-2022, but r...
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Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June The upgrade would bring enhancements to sidechains and bug fixes.
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Ethereum users are increasingly demanding self-custody: Casa CTO Security expert Jameson Lopp said some users lost Ethereum tokens because of the lack of a secure storage method.
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Bitcoin production growth and capital strategy guiding Marathon Digital: CEO In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO Fred Thiel spoke about the mining company's response to the bear market.
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Bitcoin Payments App Strike Expands to More Than 65 Countries From Three Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries,...
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Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.
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FATF President Urges G7 to Lead in Shutting Down 'Lawless Crypto Space' It is necessary to put an "end to the lawless crypto space," according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering,...
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Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC The recovery in Bitcoin and most major altcoins halted near respective overhead resistance levels, indicating that the bears are active at higher levels.
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Pseudonymous Creator Ben.eth Rakes in $7 Million in Suspicious Meme Coin Presale - Here's the Latest Pseudonymous NFT collector turned celebrity meme coin creator Ben.eth has raked in a huge more than $7 million in ETH sales in the past seven days via a presale of his next memecoin called $PSYOP. Investors were eager to...
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U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.
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Microbt Unveils New Whatsminer Bitcoin Mining Rig With 320 TH/s, Setting New Standard for Hashpower During the Bitcoin 2023 conference in Miami, bitcoin mining rig producer Microbt unveiled three new additions to their Whatsminer series. The latest Whatsminer models, namely the M50S++, M53S++, and M56S++, boast hashpow...
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Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants. According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are c...
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Breaking: Robert F. Kennedy Jr. to accept campaign donations in Bitcoin It is the first political campaign in U.S. history to accept Bitcoin donations.
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Global Payments Giant Visa Experiments with Ethereum's Goerli Testnet - Here's the Latest Global payments giant Visa has used Ethereum's Goerli testnet to try out transaction-free payments with the help of account abstraction. On-chain data shows that Visa used a smart contract called Paymaster, allowing the ...
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US Lawmakers Introduce 'First Bipartisan Bill' Blocking a CBDC US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency. Republican Rep. French Hill of Arkansas and Democratic Rep. Jake Auchinclos...
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Ledger's Hard Lesson: Being Right Isn't Good Enough Public communication doesn't work like computer code. The French hardware wallet maker learned that the hard way.
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Why Web3 and the AI-Internet Belong Together

Coin Desk - 19 May 2023 19:18
Why Web3 and the AI-Internet Belong Together Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk's Chief Content Officer, Michael Casey.
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US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges Can Be Regulated - Here's the Latest Decentralized exchanges (DEXs) and other aspects of the decentralized finance (DeFi) world can be regulated in the US, even though it is "just code," according to Commodity Futures Trading Commission (CFTC) chair Rostin ...
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Vega Token Rallies Ahead of Protocol Possibly Going Live Monday The platform is awaiting an expected approval from the community, says Vega's co-founder.
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U.S. debt ceiling crisis: bullish or bearish for Bitcoin? In the latest Cointelegraph Report, we assed the risk of a possible default in the U.S. and the impact of the debt ceiling crisis on crypto and the broader markets.
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President Biden's Crypto Mining Tax US Sen. Cynthia Lummis is not a fan of President Biden's proposed 30 percent tax on cryptocurrency miners. "That isn't going to happen," the Wyoming Republican and crypto enthusiast, said on Friday at Bitcoin 2023 Confer...
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