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Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

United States Bankruptcy Judge Martin Glenn signed off on an agreement allowing Celsius custody account holders the right to receive 72.5% of their crypto back.

In lending, judge, account, Mar 22, 2023 · 64 points

Ted Cruz introduces bill blocking Fed from adopting central bank digital currency

Senator Ted Cruz introduced legislation banning the Federal Reserve from moving forward with a central bank digital currency that would be available for use by consumers.

In introduces, americans, cbdc, Mar 22, 2023 · 377 points

Bloomberg Analyst Says Bitcoin Could Be Kicking Off New Supercycle As BTC Outperforms Gold

Bloomberg’s senior macro strategist Mike McGlone says that Bitcoin (BTC) vastly outperforming gold may be indicative of a new supercycle for the king cryptocurrency.

In hodl, kicking, risk, Mar 21, 2023 · 62 points

BitBoy Crypto Accused of Threatening and Harassing Lawyer

The influencer — whose real name is Ben Armstrong — allegedly bombarded the attorney with "endless phone calls, tweets and emails."

In bitboy, moskowitz, filing, Mar 21, 2023 · 64 points

After FTX & Silvergate collapse, SEC looking at unregulated crypto custodians as next systemic crypto risk

It’s time to bring the lessons of TradFi to crypto’s shadow banks, unregulated custodians and offshore exchanges before another FTX or Silvergate failure.

In finance, youth, banks, Mar 21, 2023 · 77 points

Cardano founder says Credit Suisse denied him an account because crypto was ‘too dangerous’

Amid a financial crisis that has affected several major banks, including Credit Suisse, Cardano’s founder shared an ironic anecdote.

In unstable, crypto, banking, Mar 21, 2023 · 59 points

MetaMask enables direct crypto purchases in Nigeria

ConsenSys announced a new MetaMask integration with MoonPay, enabling users in Nigeria to purchase crypto via instant bank transfers.

In users, integration, enables, Mar 21, 2023 · 60 points

Michael Saylor: Dollar Lost 99.88% Of Purchasing Power To Bitcoin Over Last Decade - MicroStrategy (NASDAQ:MSTR)

MicrosStrategy Inc (NASDAQ: MSTR) CEO Michael Saylor raised the alarm on Monday, revealing that the US dollar has lost 99.88% of its purchasing power compared to Bitcoin (CRYPTO: BTC)...

In power, decade, btc, Mar 21, 2023 · 84 points

Sony (Playstation) has filed a patent for NFT use, transfer, and sales in games

Sony has filed a major patent for NFTs in games and systems which covers the transfer, trade, and sale of digital items.

In games, video, transferred, Mar 21, 2023 · 87 points

Coinbase submits petition to explain to SEC that staking is not securities

Coinbase reminds the regulator of the significant economic consequences of its actions, urging it to take a different approach to the treatment of crypto staking services.

In coinbase, investment, petition, Mar 21, 2023 · 46 points