India’s Crypto Industry Finally Sees Lawmakers Engaging
On Saturday, India’s crypto industry pulled off a near coup by bringing senior leaders from India’s ruling party and the opposition benches to an event to engage in serious discussions.
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Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months
The largest cryptocurrency was trading at just over $24,700 during the Asian morning hours on Tuesday.
Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
The exchange denies that any of the tokens former Coinbase manager Ishan Wahi inside-traded with associates were securities because Coinbase doesn’t list securities – but it would like to if the SEC gave it proper rules and guidance.
Signature Bank’s Signet Platform Still Works, But Some Clients Have Moved On
A source told CoinDesk the real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity.
Euler DeFi Protocol Exploited for Nearly $185M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.
OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected.
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
Silicon Valley Bank Crisis a ‘Cyprus Moment’ for Bitcoin: Crypto Observers
The Fed’s aggressive rate hikes and balance sheet reduction have caused a historic bank failure — fashioning a real-time ad for Bitcoin self-custody, observers said.
Smart Money Staying Put as USDC Remains Off-Peg
Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows.
IMF Had Warned G-20 That Widespread Crypto Use Would Impact Banks
The International Monetary Fund (IMF) had warned the G-20 nations that the widespread proliferation of crypto assets could lead to banks losing deposits and curtailing lending, a report made public on Monday reveals.