Releasing the names of bankrupt crypto exchange FTX’s 9 million customers could harm a “potential reboot” of the company, attorneys for the creditors committee argued on Wednesday. It’s the latest development in an ongoing dispute over whether the names of FTX’s creditors ought to be made available to the public. Beyond privacy concerns, lawyers for the creditors committee are now…
Month: January 2023
Touch and smell comes to the metaverse, Nifty Newsletter, Jan 4–10
In this week’s newsletter, read about how the metaverse may integrate touch and smell. Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within…
City of London, British trade groups form new digital currency advocacy alliance
The City of London has teamed up with a variety of trade associations to form the UK Forum for Digital Currencies, an alliance that will advocate for “better policies, practice and regulation around digital currencies,” according to a statement released by the five members. Besides the City of London Corporation, the city’s municipal governing body, members of the forum include…
Bitcoin price rally to $18K possible as $275M in BTC options expire on Friday
Bitcoin (BTC) price jumped to $17,500 on Jan. 11, driving it to its highest level in three weeks. The price move gave bulls control of the $275 million BTC weekly options expiry on Jan. 13 because bears had placed bets at $16,500 and lower. The recent move has perma-bulls and dip buyers calling a market bottom and potential end to…
Treasury Dodges Questions From Congressman Over Tornado Cash
The Treasury Department has refused to answer a Republican lawmaker’s questions about the blacklisting of coin mixer Tornado Cash. Congressman Tom Emmer (MN-06) wrote a letter to the Department of the Treasury five months ago asking a number of questions surrounding its Tornado Cash ban, noting that “technology is neutral, and the expectation of privacy is normal.” Tornado Cash is…
Market Share Increases by 3% Among Global Crypto Assets – Market Updates Bitcoin News
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating. Ethereum’s Market Share Grows Amid Frenzied Surge in…
Huobi delists 33 tokens in one day citing trading risk, low volume
According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 tokens consisting of tickers ABT, ATP, APN, AST,DIE, DHT, DFA, EDEN, GEAR, HC, INDI, IOI, INV, IRIS, GCOIN, GOF, KMA, MTA, NAS, OPUL, PEARL, PRIMATE, QASH, SMT, SLC, SKU, SOC, STC, TALK, VALUE, WHALE, WILD and YAM. Effective Jan. 16, the aforementioned tokens will cease…
Robinhood to Delist Bitcoin SV, Market Sell Remaining User Balances
Stock trading app Robinhood warned Wednesday it would soon end support for Bitcoin SV (BSV), with plans to delist the coin later this month. Robinhood users will no longer be able to buy, sell, or transfer Bitcoin SV after Jan. 25, according to a company update. Any remaining BSV in customer accounts after that will be automatically sold with users…
A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend. Will Ethereum’s former resistance level turn to support? After testing the $1,200 support on Jan. 1, the eight-week ascending channel has displayed…
Taunt Battleworld Announces Launch of Black Magic NFT Collection – Press release Bitcoin News
press release PRESS RELEASE. Taunt Battleworld, a digital collectible competitive fighting game for the metaverse, will launch its next NFT collection, the Black Magic Collection, on January 14, 2023, exclusively on Magic Eden. These NFTs are ideal for gamers and enthusiasts interested in the fighting game genre featuring player-owned assets and various live tournaments. In addition, all fighters will also…