• Several major banks in the UK, including HSBC and Nationwide Building Society, have reportedly implemented restrictions on purchasing cryptocurrency via credit cards. • The move comes after numerous collapses in 2022 leading to multi-billion losses. • Banks are imposing…
• Optimism (OP) is soaring above $3 on Coinbase news, while Bitcoin is choppy at $24K. • Most altcoins are in the red today, with Avalanche, VeChain, MATIC and Polkadot leading losses. • Bitcoin attempted to break through $25K twice…
• The Lazarus Group, a group of hackers, breached the Harmony bridge and stole around $100 million worth of cryptocurrencies. • Elliptic, Huobi, and Binance have been coordinating for some time to freeze funds that have been stolen by the…
• Cirus Foundation has launched their version 1.0 of their blockchain-based data ownership initiative. • The initial rollout marks the first phase of the Cirus product suite and it is designed to create a revamped user experience, data-ownership software, and…
• The crypto market has largely priced in the bankruptcies that occurred last year, yet many crypto firms are still paying off bank loans to cover their positions. • Two banks with a high-profile roster of crypto companies for customers…
• Bitcoin surged past $22,000, bringing the cryptocurrency market back to a market cap of over $1 trillion. • The pump has triggered another avalanche of liquidations across digital asset exchanges. • Ether has pumped from $1590 to $1651 within…
Bullet Points: • El Salvador recently passed a law establishing a regulatory framework for tokenized securities, altcoins, and businesses known as the Digital Asset Issuance. • The law is expected to facilitate the issuance of President Nayib Bukele’s bitcoin bonds,…
• Bank of France Governor Francois Villeroy de Galhau believes that cryptocurrency firms should obtain tougher regulatory licenses to continue providing their services. • Villeroy stated that the „disruption“ in the crypto sector is the main reason for more stringent…
Bulletpoints: 1. The Grayscale Ethereum Trust (ETHE) has fallen to a record discount of -60%, putting pressure on the world’s largest institutional crypto fund manager, Grayscale and its parent company. 2. The trust holds 3 million ETH, which is about…
• BTC.com, a prominent cryptocurrency mining pool, suffered a cyberattack that resulted in a significant loss of company and user funds. • According to a market research firm, X-explore’s analysis, most stolen assets were transferred to Tornado Cash while some…
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