32,000 Voyager customers may be on the hook for bankruptcy clawbacks
32,000 Voyager customers may be on the hook for bankruptcy clawbacksTrustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.
Happy ThursdayThe global crypto market cap is $1.06 trillion with a 24-hour volume of $43.56 billion. The price of Bitcoin is $23,268.77 and BTC market dominance is 42.4%. The price of Ethereum is $1,624.78 and ETH market dominance is 18.8%. The best performing cryptoasset sector is Move-to-Earn, which gained 6%.
Latest News32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy. Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding ruleGensler calls for new rules to prevent crypto exchages from acting as custodians. Australian central bank launches project to explore CBDC use casesThe Reserve Bank of Australia intends to analyze 14 different CBDC use cases in collaboration with multiple banks and the Digital Finance Cooperative Research Centre. Startup Redeem raises $2.5M to bring NFTs directly to mobile phone numbersRedeem founder Toby Rush told CryptoSlate that the future of Web3 will be built on blockchain agnostic frameworks. Aaron Sage deems BLUR ‘the worst thing to happen’ in NFT space; others disagreeBLUR has achieved a 55% market share by focusing on NFT traders looking to make profits. Spain has highest number of properties available to buy via cryptoThailand and Portugal rank second and third globally by offering 227 and 130 properties, respectively. Banks’ direct exposure to crypto less than 1% of total – BIS reportCompared to the end of June 2021, banks' crypto-assets under custody fell 66%, while their prudential exposure to crypto-assets grew 30%. Record-high digital asset investments in February 2023: CryptoCompare’s Monthly ReviewBTC-based products saw a rise of 6.06%, bringing the total AUM to $20.0 billion, while ETH-based products saw a 1.72% increase. Silvergate shares tank 46% after Coinbase severed payment partnershipCoinbase has dropped Silvergate as its payment partner; urges Prime users to update their payment instructions to Signature Bank. IOST partnership with Amazon web pushes native token higherThe new partnership will see IOST integrate AWS 3.0 solutions into its ecosystem which would improve its Web3, Metaverse, DeFi, and NFT offerings. Ethereum launches ERC-4337 “smart accounts”The upgrade allows for account recovery, group-access wallets, and more. Arbitrum-based DEX ArbiSwap rugs users days after launch – token down 99%Based on on-chain data, the Arbi rug pullers stole roughly 84 ETH from the project and already moved it to Tornado Cash.
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Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto
Wednesday, March 1, 2023
Daleep Singh told the senate banking committee that developing a CBDC is the best way to combat sanction evasion and financial crimes via private crypto.
Visa, Mastercard to push back on crypto-related services
Tuesday, February 28, 2023
Visa and Mastercard have moved to suspend the launch of crypto-related services until market conditions and the regulatory environment improve.
Coinbase survey indicates 20% of Americans own crypto
Monday, February 27, 2023
Crypto ownership is highest among younger Americans — 36% of Gen Z and 30% of Millennials reportedly owning crypto assets.
Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
Saturday, February 25, 2023
Binance and ByBit may also have insufficient compliance policies.
Former SEC chief warns against using emojis for investment advice
Friday, February 24, 2023
US court ruled that using emojis relating to rocket ships, stock charts, and money bags could be classified as investment advice.
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