How and why Bitcoin is managing to stay buoyant in this harsh environment is a mystery to many.
Saylor, who is now MicroStrategy's executive chairman, started investing in Bitcoin in August 2020 and said that the acquisition was part of the company's strategic focus.
South Korean authorities have alleged in the past that Daniel Shin earned approximately $105 million in profits from illegal sales of LUNA before its fateful implosion.
"They basically held him for approximately three days, drove him around different parts of Southern Ontario, beat him, tortured him, allowed him to make specific phone calls to specific people only," Aiden Pleterski's father said.
Bullish bitcoin has been a surprise winner of the banking blowout.
"Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market," a crypto analyst said.
Last week, Brian Armstrong assured Coinbase's customers and clients that while the platform is under scrutiny by the financial regulator, it will keep on building the "most trusted products and services" to "update the financial system."
Over the past months, reports about Amazon exploring the world of NFT and supposedly launching an NFT marketplace have been making rounds online.
"The Debtors carefully considered and analyzed the offer as set forth in the Agreement in comparison to its other options and concluded that a sale of the Interests will result in obtaining maximum value for the Interests, and is in the best interests of the Debtors' estates and creditors," a Wednesday court filing read.
The Connect to Congress campaign aims to assist crypto investors and enthusiasts to share their perspectives on cryptocurrency regulations and air their concerns with lawmakers.
A crypto analyst mentioned altcoins and noted that the tokens' rally could happen when Bitcoin dominance retraces on its way to soaring over 52%.
The crypto mogul's identity was confirmed through a fingerprint match, Interpol's national central bureau in Seoul said.
For the SEC director, the alleged behavior of the TRON founder and that of his backer was part of an "age-old playbook to mislead and harm investors."
The Federal Reserve once again raised interest rates by 25 bps during its meeting on Wednesday with FOMC chair Jerome Powell noting that "we no longer expect that ongoing rate increases will be appropriate."
A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404 million in assets converted into cash at J.P. Morgan.
Industry watchers believe that one of the main reasons behind crypto firms' sudden interest in Swiss banks is because of their clear regulations, something which financial regulators in the U.S. are still arguing about.
The Treasury Department and the IRS announced that "they are soliciting feedback for upcoming guidance regarding the tax treatment of a nonfungible token (NFT) as a collectible under the tax law," the announcement read.
According to a former Ethereum Foundation developer, while the motive behind the message is unclear, it could be an attempt to see if Euler Finance's exploiter would fall for the ploy.
Sony's latest patent filing underlines its push to revolutionize the gaming experience as the world embraces emerging technology.
Coinbase offered Circle a lifeline, an interesting act considering that the CEX was once Circle's rival, although both now share management and profits of the stablecoin USDC.
"Today's announcement will protect Florida consumers and businesses from the reckless adoption of a 'centralized digital dollar' which will stifle innovation and promote government-sanctioned surveillance," DeSantis said.
"MicroStrategy has survived a crypto ice age and now has an opportunity to take advantage of growing interest in DeFi and all the other crypto protocols with better growth potential," a senior market analyst said.
Software giant Microsoft could be testing an Ethereum-based cryptocurrency wallet in its Edge browser, according to a software sleuth who goes by the Twitter handle @thebookisclosed.
Bitcoin investors are now bullish, especially as former Coinbase Chief Technology Officer Balaji Srinivasan predicted that the impending global banking crisis could take the world's largest crypto asset to $1 million in less than 90 days.
"Euler has always been a security-minded project. The Euler smart contracts, including the vulnerable lines of code, were audited," Eluer Finance CEO said in a tweet following the $197 million hack.
Financial regulators and law enforcement agencies in the United States have also started investigating the collapse of Terra's so-called algorithm stablecoin.
"I'm going to roast these Low IQ plebs and their lawyers," tweeted BitBoy Crypto, one of the named "defendants" in the lawsuit.
The crypto lender has already secured court approval to sell its assets to Binance US, which, over the past weeks, has been objected to by financial regulators like the U.S. SEC and the FTC.
Coinbase said that the decision was the result of its periodic monitoring of assets, which includes assessment and subsequent review to make sure they follow the platform's listing standards.
Bankman-Fried's legal counsel requested the court through a motion to permit insurers to advance or reimburse defense costs and fees under directors and officers (D&O) insurance policies held with Beazley and Realm Insurance.
