Crypto news

Ever since FTX unceremoniously imploded back in November, regulators and courthouses in both the USA and the Bahamas have been working furiously to get as many FTX-held assets back into the hands of their original owners, with varying degrees of success. While court cases in the US have temporarily stalled, owed in part to SBF’s plea of innocence, Bahamian regulators were able to seize some assets from the get-go and appear to be closing in on FTX Digital Markets, the...

Former Coinbase CTO and venture capitalist Balaji Srinivasan has many skeptical of his latest prediction that Bitcoin will moon to $1 million within 90 days. What could he really be after with such a bullish public bet? On Tuesday, Balaji explained that his $2 million gamble isn’t about making money, but about settling an “ideological matter” surrounding U.S. dollar inflation. The Printing is Coming In a tweet response to angel investor Jason Calcanis on Tuesday, Balaji...

Bitcoin’s price has been trending upward lately, while Ripple has remained relatively stable, staying around the same level without much movement. However, XRP is currently showing signs of strength as it has surpassed a significant resistance level. Technical Analysis By Shayan This week, the cryptocurrency market experienced a bullish trend, with assets such as Bitcoin and Ethereum witnessing a significant price increase. However, Ripple was an exception as it continued...

Ethereum’s price is showing a very bullish signal right now, with a couple of key resistance levels getting broken to the upside. If the breakout is valid, things could look much better for the crypto market in the coming months. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has been rallying since a sharp rebound from the 200-day moving average around the $1400 mark. It has climbed above the 50-day moving average located around the $1600 level,...

The Federal Bureau of Investigation (FBI) has released a new report suggesting that more than $13 million was stolen from residents of the state of Oregon during the first ten months of 2022. For individuals like Dennis Corey, who lost hundreds of thousands of dollars to crypto fraud, the situation couldn’t be any worse. Dennis Corey Has Lost a Lot of Money Based in the city of Portland, Corey explained in a recent interview that he parted with $200,000 worth of funds...

Former Richmond Federal Reserve President Jeffrey Lacker believes the Fed should – and will – remain firm in hiking interest rates at its upcoming March meeting, and subsequent meetings thereafter. Despite a series of bank failures this month that was partly induced by rising rates, the ex-chair believes more will be necessary to combat inflation. The Inflation Fight Continues In an interview with Andrew Sorkin from Squawk Box, Lacker said that the Fed should “go ahead with a...

When it finally goes live, Metatime will be competing with the likes of established crypto exchanges serving the Turkish community including Coinbase-linked BtcTurk, Bitay, and Paribu amongst others. Turkish digital currency startup Metatime has raised the sum of $11 million in a new funding round as it looks to double down on protocol development. As reported by The Block, the funding round took place in two token sale rounds with some of the biggest investors from Turkey, Denmark, and...

UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.  Leading decentralized infrastructure solutions developer Enya Labs has entered a partnership with Dubai Multi Commodities Center (DMCC). The collaboration between the Boba Network core contributor and DMCC seeks to further consolidate the latter’s crypto center ecosystem. By significantly supporting Boba-leveraged Web3 and blockchain business growth in Dubai, the Enya...

Joseph Taschetta has recently been dubbed the 2022 officer of the year in the Pensacola police department after discovering an international cryptocurrency fraud ring. Joseph Taschetta Hailed as Officer of the Year Taschetta garnered the award after someone from India called an elderly woman in the region of Pensacola and convinced her to transfer all her money into a fake bitcoin outlet. The idea was that the woman had an outstanding warrant against her and paying the...

[PRESS RELEASE – Please Read Disclaimer] Description: We are excited to present Bware Labs’ mission and vision, which will guide our continued efforts around tackling Web3 challenges and increasing its worldwide adoption. Bware Labs is a blockchain infrastructure provider founded in 2021 with the purpose of contributing to the rise of a truly decentralized Web3 ecosystem. The company was born out of a frustration with the current state of the market, which relies heavily on...