Month: March 2023

Bitcoin BTC Price Rises Over $28.3K Despite Binance Legal Woes

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Bitcoin (BTC) has added almost 72% to $28,500 this year, its best quarterly gain in two years, CoinDesk data shows. Arca Chief Investment Officer Jeff Dorman weighed in. Plus, Binance’s on-chain balance remains high, despite U.S. regulators charging Binance for violating U.S. federal law this past week. Braden Perry, Kennyhertz Perry partner and former CFTC senior trial lawyer, shared his views on the future of crypto regulation. And, Journey’s Chief Metaverse Officer Cathy Hackl reacted to Metaverse Fashion Week. Original

Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange – Press release Bitcoin News

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press release PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentralized exchange (DEX) platform, announced a significant partnership with OKX, one of the top exchanges in the crypto industry, on March 27, 2023. Volt Inu’s Twitter announcement revealed that the two companies would be teaming up to leverage their respective Web3 capabilities. As part of their collaboration, Volt Inu and OKX announced their first step – integrating Voltichange using the OKX Wallet Extension. This integration is a significant development for both platforms, allowing for cross-platform compatibility and seamless…

Web3 Gamer – Cointelegraph Magazine

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Shrapnel: The game at GDC everyone’s talking about As the annual Game Developers Conference in San Francisco came to a close last week, there was one game that stood out from the rest. Shrapnel, a highly anticipated first-person shooter in the Web3 space, was the talk of the conference thanks to its stunning graphics and immersive gameplay.  Select invitees got a first look at Shrapnel at GDC. (Shrapnel/Twitter) Select visitors were treated to a hands-on experience with the pre-alpha version of the game. Set in the year 2044, Shrapnel takes…

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense – Bitcoin News

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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his father. Sources Claim SBF’s Legal Defense Is Paid for by Alameda Loot After the latest revised indictment charges against Sam Bankman-Fried (SBF), Forbes reports that funds tied to Alameda Research may be paying for SBF’s…

Ethereum’s Shanghai Hard Fork Is Nearing, But When Can I Withdraw My Staked Ether (ETH)?

Full withdrawals, on the other hand, are when you remove the entire balance, including the 32 ETH, from the blockchain. This means that your validator will stop participating in the block validation process. Full withdrawals won’t happen automatically because the validator needs to send a message to the blockchain to add itself to the exit queue. This takes time and will be released gradually. Source ETHEtherEthereumsForkHardNearingShanghaiStakedWithdraw CryptoX Portal

FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg

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Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits connected to Signature Bank’s digital asset banking business by early April. In a March 29 hearing of the U.S. House Financial Services Committee exploring federal regulators’ responses to recent bank failures, Gruenberg said the deposits that were not included in the bid from a New York Community Bancorp subsidiary for Signature would be returned “by early next week” — roughly $4 billion tied to digital assets. Reports…