A Fool's Game: Bill Gates criticizes the intangible value of NFTsSpeaking at a conference on climate change, Gates affirmed his apprehension about the asset class, stating that it is "100% based on greater fool theory."Jun 15, 2022Tom Farren
DeFi contagion fears and rumors of Celsius and 3AC insolvency could weigh on NEXO priceNexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.Jun 15, 2022Yashu Gola
Bill to ban digital assets as payment passed the first reading in the Russian parliament The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.Jun 15, 2022David Attlee
Bitcoin and Lightning Network can save DeFi from adversity — MicroStrategy CEOBitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.Jun 15, 2022Arnold Kirimi
Celsius reportedly seeks advice from lawyers on restructuringCelsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing.Jun 15, 2022Ezra Reguerra
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founderPaul highlighted that Bitcoin has “far better odds” than other cryptocurrencies because it doesn’t have a competitor as a product.Jun 15, 2022Ezra Reguerra
Tether aims to decrease commercial paper backing of USDT to zeroTether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.Jun 15, 2022Helen Partz
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21KBitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.Jun 15, 2022Prashant Jha
Seized crypto safe with US Marshals Service? Not so much, new audit revealsOIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially related to the use of inventory spreadsheets.Jun 15, 2022Arijit Sarkar
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at riskTraders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings.Jun 15, 2022William Suberg
Legal battle avoided after YGG and Merit Circle DAO agree to a dealThe passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.Jun 15, 2022Jesse Coghlan
Brazilian proposal would make crypto payments legal and protect private keysThe proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be a legally recognized financial asset for investments and other uses.Jun 15, 2022Brian Newar
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency “We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated.Jun 15, 2022Brian Quarmby
SEC boss worries crypto bill undermines financial protections A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”Jun 15, 2022Jesse Coghlan
Nifty News: Lacoste’s luxury DAO, Bill Gates slams Bored Apes and moreBill Gates has slammed “expensive digital images of monkeys” while an NFT trader made a 921.12 ETH profit on a BAYC NFT overnight.Jun 15, 2022Brian Quarmby
Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh inSome high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.Jun 15, 2022Felix Ng
SEC reportedly launches investigation into insider trading on exchangesThe commission could be performing routine check-ups on the exchange in question or it could be looking for specific compliance violations to litigate against.Jun 15, 2022Brian Newar
ICI Bucharest to use Elrond blockchain to develop DNS and NFT marketplace The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use.Jun 14, 2022Zhiyuan Sun
Binance CEO plans to leverage crypto winter The boss of the world's largest crypto exchange said we've been through this before as a community.Jun 14, 2022Noah Washington
OpenSea announces migration to Seaport protocol The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency.Jun 14, 2022Zhiyuan Sun
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offeringThe IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”Jun 14, 2022Turner Wright
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeezeCEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders.Jun 14, 2022Jordan Finneseth
NFT ticketing may catch on faster in France after UEFA championship debacleFrench authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month.Jun 14, 2022Derek Andersen
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off.Jun 14, 2022Zhiyuan Sun
EU commissioner reiterates need for 'regulating all crypto-assets'Mairead McGuinness said that she planned to discuss a compromise through the MiCA proposal currently under review in the EU.Jun 14, 2022Turner Wright
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375? ETH’s latest plunge could bring more pain despite expectations that $1,200 should hold.Jun 14, 2022Yashu Gola
'Too early' to say Bitcoin price has reclaimed key bear market support — AnalysisBTC price action is back above the 200-week moving average, but the Fed may still sour the mood.Jun 14, 2022William Suberg
SEC chair warns about 'too good to be true' returns amid market downturnGary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund.Jun 14, 2022Turner Wright
What happens if you lose or break your hardware crypto wallet?The safety of the recovery phrase is way more important than keeping the hardware wallet safe, according to executives at Ledger and Trezor.Jun 14, 2022Helen Partz
‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure.Jun 14, 2022William Suberg