By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.Publish at: February 17, 2023 at 09:18AM
Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
Japan Will Launch Pilot for Issuing Digital Yen In April
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Japan will launch a pilot programme in April to test the use of its version of the central bank digital currency (CBDC) known as the digital yen, its central bank said on Friday. The move comes after more than two years of proof-of-concept experiments by the BoJ around […]
How Solvency Check Error Led to USP Depegging on Avalanche Based Platypus Finance
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack.Publish at: February 17, 2023 at 07:57AM
BlockFi Looks to Dismiss Bankruptcy Case for SBF’s Robinhood Shell Company
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Emergent Fidelity case is “futile,” says the bankrupt crypto lender which is seeking access to its 55 million Robinhood shares.Publish at: February 17, 2023 at 07:21AM
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data 2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says.Publish at: February 17, 2023 at 03:54AM
Sony Teams Up With Astar Network for Web3 Incubation Program
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Sony Network Communications hopes the program will explore “how blockchain technology can solve various problems in their industry.”Publish at: February 17, 2023 at 02:00AM
First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research. Bitcoin rises early but tumbles later to $23.5K.Publish at: February 17, 2023 at 12:39AM
Bankman-Fried $250M Bond Is a ‘Joke,’ Claims Securities Lawyer
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data “MetaLawMan” James Murphy says that in 30 years of experience he has “never seen anything this lenient in a situation” where someone has lost millions of dollars of users’ money.Publish at: February 16, 2023 at 10:51PM
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin: Bloomberg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The collapse of TerraUSD last year led to wave of bankruptcies in the crypto industry.Publish at: February 16, 2023 at 09:57PM
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.Publish at: February 16, 2023 at 09:34PM