Month: January 2023

US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico – Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The defendant has been arrested and is currently detained in Puerto Rico. Mango Markets Manipulator Arrested, Detained The U.S. Securities and Exchange Commission (SEC) announced Friday that it has charged Avraham Eisenberg with “orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token.” The regulator noted that the crypto token…

Bitcoin derivatives data shows room for BTC price to move higher this week

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This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20. Economic data continues to boost investors’ hope that the United States Federal Reserve will reduce the pace and length of interest rate hikes. For instance, sales of previously owned homes fell 1.5% in December, the 11th consecutive decline after high mortgage rates in the United States severely impacted demand. On Jan. 20, Google announced that 12,000 workers…

Building better business by responsibly unlocking the value of personal information

ICO offers advice to the UK’s five and a half million SMEs UK regulator says getting good data practices in place from the start will save business owners time and money, and boost customer confidence Ahead of Data Protection Day, the Information Commissioner’s Office (ICO) is encouraging the UK’s 5,501,000* small-and-medium-sized businesses (SMEs) to check they have the right data protection practices in place to help sustain and develop their businesses. Good data protection practices project positively on a company’s reputation. A recent survey, commissioned by the ICO, showed 91%…

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020 – Bitcoin News

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After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days. Axie Infinity’s Native Token AXS Climbs 62% Despite Continued Decrease in Monthly Players The non-fungible token-based online video game Axie Infinity once had millions of monthly players, with a peak of 2.78 million in Jan.…

Binance Announces New Transaction Limit By Fiat Partner, What Could This Mean For BNB?

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According to a report by Bloomberg, crypto exchange Binance has announced that one of its fiat trading partners, Signature Bank, will no longer be processing transactions of less than $100,000 as the bank attempts to reduce its exposure to the cryptocurrency market. Binance said this is a broad action affecting all crypto exchanges dealing with Signature bank. And that efforts are underway to find an alternative solution immediately for members of its user community whose accounts are serviced by this bank. “One of our fiat banking partners, Signature Bank, has…

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

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After nearly a 20% rally last week, Bitcoin (BTC) is on track to end this week with gains of roughly 10%. Bitcoin’s rally has improved sentiment and attracted buying in several altcoins. This sent the total crypto market capitalization firmly above the $1 trillion mark. The strong recovery in Bitcoin has startled several analysts who remain skeptical about the rally. Some believe that the current rise is a dead cat bounce that will reverse direction sharply while others see similarities between the current rally and the 2018 bear market recovery.…

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K – Exchanges Bitcoin News

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Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With Binance Sets $100,000 Transaction Minimum for Crypto Traders A bank serving some clients of the world’s largest cryptocurrency exchange, Binance, will only process customer transactions exceeding $100,000, starting from the first day of February. The new minimum will be imposed as part of…

Is Staking On Coinbase Worth It?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Timestamps Goodies & subscribe! 0:00 What Is Staking? 1:47 Staking on Coinbase Fees … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version