Author: e_cash_top

[ad_1] Thailand-based crypto exchange Zipmex’s $100 million rescue plan has hit a snag as the investor failed to make a $1.25 million payment due on March 23, Bloomberg reported on March 24. Zipmex reportedly said the failed payment could force it to liquidate its technology unit and suspend its payroll. Bloomberg reported that the exchange…

[ad_1] Ad Terraform Labs (LUNA) founder Do Kwon was charged by the U.S. authorities hours after he was arrested in Montenegro on Mar. 23, according to a Financial Times report. Kwon is accused of defrauding crypto customers and is facing eight criminal counts — which include securities, commodities, and wire fraud, as the Financial Times…

[ad_1] Ad The crypto industry in Europe defied the bearish trends of 2022 and saw a record level of funding. Startups in the crypto space raised over $5.7 billion in 2022 while global and U.S. venture funding in the industry contracted. This is a notable increase from the $5 billion E.U. companies raised in 2021.…

[ad_1] Ad Greenpeace USA published an art piece called the “Skull of Satoshi” to depict the “ravenous consumption of fossil fuels” by the flagship cryptocurrency Bitcoin (BTC). The piece involves shadowy coders under a skull made of computer hardware with a backdrop of various industrial structures related to energy production. The Skull of Satoshi is…

[ad_1] Ad The founder of crypto-friendly Custodia Bank, Caitlin Long, said regulators would “be playing Whack-a-Mole” with problems if they continued to suppress Bitcoin (BTC). War on crypto Recently, a spate of regulatory enforcement actions raised suspicions of a coordinated attack on the U.S. crypto industry. Most recently when the SEC served Coinbase a Wells…

[ad_1] Quick Take The outlook from markets has completely changed in the past few weeks due to banking failures in the US and EU. The market is now pricing in no more rate hikes but substantial cuts, ending 2023 around 3.75-4%. Four cuts are priced into the rest of the year, while the market suggests…

[ad_1] Ad New York-based Nasdaq Stock Exchange is looking to launch a crypto custody service by the end of the second quarter, Bloomberg News reported on March 24. The exchange first announced its plans to set up a digital asset business in September 2022 and has been steadily working on setting up the division over…

[ad_1] Ad Eight out of 10 crypto investors store their digital assets on hot wallets, according to a CoinGecko survey observing crypto storage behavior post-FTX collapse. Meanwhile, seven out of 10 respondents said they held their assets in centralized exchanges — while another three out of 10 said they used cold wallets, according to the…

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[ad_1] Ad The cryptocurrency market cap saw net inflows of $9.8 billion over the last 24 hours and currently stands at $1.17 trillion — up 0.8% from $1.16 trillion. During the reporting period, the market caps of Bitcoin and Ethereum decreased by 1.2% and 1.7% to $542.1 billion and $218.9 billion, respectively. The top 10…