Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high. Solana (SOL) Solana (SOL) moved closer to a one-month high to start the week, as prices…
A series of emails obtained by Protect the Public’s Trust and shared with the Washington Examiner show the now-defunct FTX attempted to curry favor with the FDIC by arranging a first meeting with the regulator’s chairman just a few months before the exchange’s collapse. Protect the Public’s trust is a watchdog that educates the public, largely through investigative research, about…
A series of emails obtained by Protect the Public’s Trust and shared with the Washington Examiner show the now-defunct FTX attempted to curry favor with the FDIC by arranging a first meeting with the regulator’s chairman just a few months before the exchange’s collapse. Protect the Public’s trust is a watchdog that educates the public, largely through investigative research, about…
Blockchain forensics involves the analysis of blockchain data to investigate criminal activities such as fraud, money laundering and illicit transactions. Nonetheless, the methods employed in blockchain forensics can vary depending on the particular application and the type of data being evaluated because it is a complicated and rapidly developing area. Yet by combining a variety of strategies and resources, investigators…
Paris Blockchain Week 2023 (PBW) is about to kick off its 4th year as one of the world’s largest conferences tackling all things blockchain, crypto and Web3. The event hosts over 10,000 attendees and was sold out the previous year. The Cointelegraph team is stationed in Paris for the latest news from the ground. This year’s edition of PBW has…
Virtual Reality (VR) movies add a new dimension to entertainment by immersing viewers in a fully-realized three-dimensional environment. The immersive experience can transport viewers to new and exciting worlds, allowing them to fully explore and interact with their surroundings. This adds interactivity and engagement that classic movies cannot match. VR movies can also provide a heightened sense of immersion and realism,…
On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm “will no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00 AM EST,” citing “new regulations.” According to OKX, existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023. Fiat or…
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. The…
The top six nonfungible token (NFT) marketplaces saw a rise in NFT wash trading for the fourth straight month with a total volume of $580 million. According to a new report from CoinGecko, February 2023 witnessed a 126% increase from the previous month’s volume of $250 million. As for a reason for the jump, the report points to a correlation with…
USD Coin (USDC), the world’s second-largest stablecoin, may simply have been in the wrong place at the wrong time. The place was Silicon Valley Bank (SVB), a commercial bank with $209 billion in assets, where USDC issuer Circle had deposited $3.3 billion of its cash reserves for safekeeping. The time was the present: one of rapidly rising interest rates in…
