BlogHide Resteemscoinwix (25)in usdc • 2 years agoUSDC, crypto rallies on news that SVB, Signature Bank deposits are safeUSDC nearly regained its peg and cryptocurrencies rallied on the news that all Silicon Valley Bank and Signature Bank deposits will be fully returned to customers. The stablecoin was trading at…coinwix (25)in crypto • 2 years agoRegulators rush to sell SVB assets to make uninsured accounts partly available on Monday: BloombergRegulators are scurrying to sell assets of the failed Silicon Valley Bank this weekend and hope to make between 30% to 50% of uninsured deposits available for withdrawal Monday, Bloomberg…coinwix (25)in crypto • 2 years agoKazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through BinanceAuthorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two…coinwix (25)in bitcoin • 2 years agoLargest Creditor of Bankrupt Mt. Gox Exchange to Hold Onto Returned Bitcoin – Huge Selling Pressure Averted?As the bankruptcy proceedings of Mt. Gox continue, new developments have emerged regarding the Mt Gox Investment Fund, the exchange's largest creditor. According to reports, the fund has no…coinwix (25)in crypto • 2 years agoWhat If Regulators Wrote Rules for Crypto?Regulators are in no hurry to write rules for crypto. The Securities and Exchange Commission and Commodity Futures Trading Commission have brought a combined total of more than 100 enforcement…coinwix (25)in stablecoin • 2 years agoCan Banks Issue Stablecoins?Stablecoin regulation is one of the most controversial topics in cryptocurrency. Recent reports from U.S. regulators as well as the Biden Administration have warned that stablecoins could threaten…coinwix (25)in bitcoin • 2 years agoBitcoin derivatives data shows room for BTC price to move higher this weekThis 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.…coinwix (25)in bitcoin • 2 years agoBitcoin price rally provides much needed relief for BTC minersBitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs…coinwix (25)in crypto • 2 years agoBad Vibes from the Word 'Crypto' Have Some Calling for a RebrandForget the Great Reset. Members of the industry known as “crypto” (or is it “blockchain,” “digital assets” or “distributed ledger technology?”) attending this week’s World Economic Forum under the…coinwix (25)in crypto • 2 years agoCrypto Technology’s Impact Goes Beyond Crypto TechnologyAfter the drama punctuated by doldrums (or is it the other way around?) of 2022, many of us glass-half-full types have been welcoming the opportunity to focus less on market moves and more on the…coinwix (25)in blockchain • 2 years agoIn Davos, Blockchain Yields More Promises Than ProblemsAbout half of the estimated 500 companies attending the 2023 annual World Economic Forum (WEF) event in Davos, Switzerland, are technology companies and startups. You see them stretching out over…coinwix (25)in crypto • 2 years agoCrypto Marketing Needs to Change.Sold a beachside paradise with A-list models including Kendall Jenner, millennials swarmed to the Bahamas in 2017 for the ill-fated Fyre Festival. We all know what happened next: Wrecked local…coinwix (25)in google • 2 years agoGoogle Ads-delivered malware drains NFT influencer’s entire crypto walletAn NFT influencer claims to have lost “a life-changing amount” of their net worth in nonfungible tokens (NFTs) and crypto after accidentally downloading malicious software found via a Google Ad…coinwix (25)in altcoin • 2 years ago5 altcoins that could breakout if Bitcoin price stays bullishThe cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995 billion on Jan. 14, according to CoinMarketCap data. Bitcoin…coinwix (25)in crypto • 2 years agoOver $450M Shorts Liquidated in 24 Hours as Crypto Market Extends RallyTraders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about…coinwix (25)in crypto • 2 years agoSouth Korean Software Giant AhnLab Unveils Crypto WalletThe South Korean software giant AhnLab has released a crypto wallet – becoming the latest in a long line of the country’s IT players to move into the space. Per iNews24, AhnLab, the largest…coinwix (25)in terraformlabs • 2 years agoUS Investors Drop Terraform Labs LawsuitThe American investment firm Albright Capital has pulled out of a class action lawsuit against Terraform Labs, the firm behind the Terra protocol and the Terra Luna Classic (LUNC) coin. Per court…coinwix (25)in blockchain • 2 years agoWhy Blockchains Are as Important as ERP for the Future of CompaniesThe great decoupling. If there is a silver lining in the experiences of the last few months, it may turn out to be one that turns the world of blockchain away from financial engineering and…coinwix (25)in crypto • 2 years agoNorth Korean Crypto Hacks to ‘Surge’ This Year, Say ExpertsA “surge” in North Korean crypto hacks is on its way in 2023, a security provider has claimed. The South Korean media outlet Money S reported that Panda Security, a Spanish cybersecurity software…coinwix (25)in crypto • 2 years agoNorth Korean Crypto Hacks to ‘Surge’ This Year, Say ExpertsAmid all the “bah, told you it was all worthless” commentary from skeptics recently, something crystallized for me. I did not fully appreciate how much public perception of crypto had shifted since…