The assets were obtained from Kernel Labs—a firm close to Terra—and according to court documents, Kernel Labs’ CEO Kim Hyun-Joong served as Vice President of Engineering at Terraform Labs. […] Read More… The post South Korean court confiscates $92M in assets linked to Terra tokens appeared first on CoinGeek.
Bitcoin Cash Analysis: Recovery Could Fade Near $102
Bitcoin cash price started a fresh decline from the $112 zone against the US Dollar. The price is now trading below the $105 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $103 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). […]
Ethereum Price Key Trend is Forming and Swift Recovery Could Occur
Ethereum is attempting an upside break above the $1,230 resistance against the US Dollar. ETH could start a strong increase if it settles above the $1,230 and $1,250 resistance levels. Ethereum tested the $1,180 level and climbed higher sharply. The price is now trading above $1,200 and the 100 hourly simple moving average. There was […]
Crypto Twitter confused by SBF’s $250M bail and a return to luxury
The crypto community raised many questions about how FTX’s former CEO was able to secure bail and the conditions it will come with.
Binance addresses 7 instances of recent FUD via Chinese blog post
Binance is fighting back against the tsunami of FUD it has faced in recent weeks.
FTX Completed the Blockfolio Deal Mainly in FTT Tokens: Report
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The coin played a leading role in the platform’s crash last month. CZ said Binance plans to dump its entire FTT stash (23 million tokens worth over $580 million at the time) […]
India finance minister: Regulating virtual currency industry requires international collaboration
Indian Finance Minister Pankaj Chaudhary says that any legislation governing digital assets would only be effective with global cooperation. […] Read More… The post India finance minister: Regulating virtual currency industry requires international collaboration appeared first on CoinGeek.
India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned
The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis […]
[Panel Recap] Animoca Brands’ Yat Siu on Importance of Digital Property Rights
Subscribe to our newsletter! Editing by Nathaniel Cajuday Animoca Brands CEO Yat Siu spoke at the Philippine Web3 Festival about the importance of digital property rights for digital freedom.Siu cited the example of Axie Infinity, a popular web3 game in the Philippines, to illustrate the power of ownership as the foundation for true freedom and […]
Biggest Crypto Gainers Today – December 22
Many cryptocurrencies saw mixed trading on December 22 as the market capitalization of the major cryptocurrencies fluctuated today after falling slightly the previous day by […]