By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Nigerians are protesting their country’s CBDC and demanding renewed access to paper money, despite government incentives to use the digital currency.Publish at: March 06, 2023 at 05:56PM
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang.Publish at: March 06, 2023 at 05:43PM
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data An independent investigation could cost as much as $100 million, the Delaware court has previously been warnedPublish at: March 06, 2023 at 05:21PM
Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said.Publish at: March 06, 2023 at 05:00PM
ETHDenver 2023 Ran a Profit. Will Members of Its DAO Get Some of the Returns?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data After ending this year’s edition well in the black, Colorado cooperative SporkDAO LCA may now vote to send distributions to token holders.Publish at: March 06, 2023 at 04:40PM
Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Authorities have arrested 29 people, including 13 foreign citizens in connection with the fraudulent network known as “HoggPool.”Publish at: March 06, 2023 at 04:07PM
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000K Rigs at Nautilus Facility
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The miner expects its power cost to drop to $0.02/kWh when the nuclear site is fully operational.Publish at: March 06, 2023 at 03:33PM
Voyager Denies SEC Claims VGX Token Is Security as Binance US Decision Looms
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Advisors for the bankrupt lender expressed surprise at the regulator’s shifting position, but is seeking to compromise given the $10 million monthly price tag of delaying an offer from Binance USPublish at: March 06, 2023 at 03:15PM
Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Australian laws to regulate the crypto industry and protect retail customers could take more than a year, government documents indicate.Publish at: March 06, 2023 at 01:29PM
First Mover Americas: Bitcoin Flat as Crypto Winter Deepens
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for March 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: March 06, 2023 at 01:06PM