By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to “effectively” implement FATF’s crypto anti-money laundering norms ahead of their meeting this weekend.Publish at: May 18, 2023 at 10:52AM
G-7 Must Take Charge in Ending ‘Lawless’ Crypto Space, FATF Chief Says
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.Publish at: May 18, 2023 at 10:44AM
FTX Units Sue Embed Shareholders, Seek to Retrieve $6.9M
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Alameda alleges that Bankman-Fried and other insiders paid Embed misappropriated FTX funds in late September 2022, only weeks before the crypto exchange filed for bankruptcy.Publish at: May 18, 2023 at 10:35AM
Lido Community Members Propose LDO Token Staking and Buyback Plan
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”Publish at: May 18, 2023 at 09:26AM
Crypto Observers Decode Large Block Trade in Ether Options
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Debate rages on whether the large ether options flow witnessed on Tuesday represents a bet on return of volatility or a rollover of a “covered call” strategy.Publish at: May 18, 2023 at 09:13AM
U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A Delaware bankruptcy court judge denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings.Publish at: May 18, 2023 at 09:09AM
UK Lawmakers’ Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.Publish at: May 18, 2023 at 08:00AM
Pepe-Themed ‘Bitcoin Frogs’ Becomes Most Traded NFT Amid Bitcoin Ordinals Hype
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Some $2 million worth of NFTs have been exchanged in the past 24 hours.Publish at: May 18, 2023 at 07:48AM
Binance Australia Halts Australian Dollar Bank Transfers
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used.Publish at: May 18, 2023 at 07:25AM
First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data PLUS: We really need to see the Hinman emails.Publish at: May 18, 2023 at 01:44AM