By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data London-based Arch Insurance International, a syndicate member of Lloyd’s of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges.Publish at: June 05, 2023 at 09:23AM
Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters
UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday.Publish at: June 05, 2023 at 09:17AM
Do Kwon’s $428K Bail Request in Fake Passport Case Approved by Montenegro Court
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A previous approval was annulled by a higher court after it was determined the Terra founder’s finances were not sufficiently assessed in the first decision.Publish at: June 05, 2023 at 09:08AM
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.Publish at: June 05, 2023 at 06:46AM
First Mover Asia: Why Did Bitcoin’s Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.Publish at: June 05, 2023 at 02:01AM
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.Publish at: June 03, 2023 at 12:40AM
Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Ether and other major cryptos spent much of the day in positive territory.Publish at: June 02, 2023 at 09:47PM
Mercado Bitcoin, Brazil’s Largest Crypto Exchange, Receives License as a Payment Institution
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The company plans to offer financial services that combine the potential of crypto with traditional financial services.Publish at: June 02, 2023 at 09:22PM
What AI Governance Can Learn From Crypto’s Decentralization Ethos
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Prominent critics of AI development are calling for government intervention to stave off the threat of human extinction. But we need more than centralized regulation of this industry, argues Michael J. Casey.Publish at: June 02, 2023 at 06:02PM
Binance Market Share Drops to Lowest Level Since October
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The exchange remains the largest cryptocurrency exchange by trading volume.Publish at: June 02, 2023 at 05:52PM