May 23, 2023

Bitcoin Payments App Strike Adds Support for Tether’s USDT

Strike – a Bitcoin payments company and remittance app – announced the integration of the world’s largest stablecoin, Tether’s USDT. The latest move comes on the heels of Strike’s expansion into 65 additional countries and USDT-supported new app design, which was announced at Bitcoin 2023. Strike-Tether Integration The integration aims to address key challenges hindering...
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BitPay Integrates Brave Wallet Amid ‘Strong Interest’ From Major Retailers, Brands

Bitcoin payment service provider – Bitpay – announced the integration of Brave Wallet into its payment protocol allowing crypto wallet users to make payments straight from the privacy browser. According to the official press release shared with CryptoPotato, users of Brave Wallet will be able to shop with crypto at thousands of top merchants online...
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Block Scholes is Bringing Even Better Institutional-grade Analytics, Data and Research to BitMEX

Crypto data and research platform Block Scholes has now joined the BitMEX Partner Programme, an addition that will grant BitMEX users a 50% discount on Block Scholes software, presenting them with affordable access to an array of sophisticated, interactive, and customizable analytical tools.  By leveraging this integration, BitMEX users can also gain access to new...
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Binance Responds to Reuters Claims About Mixing User Funds

A Reuters report on Tuesday suggested that Binance – the world’s largest cryptocurrency exchange – comingled billions of dollars worth of customer assets with its corporate revenue in 2020 and 2021, obscuring the whereabouts of their money.  Binance’s Chief Communications Officer Patrick Hillmann responded by calling the story “weak” and xenophobic but admitted that Binance...
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Court Dismisses $8M Pig Butchering Lawsuit Against Binance

A United States Court has granted a motion to dismiss a lawsuit alleging Binance’s involvement in a pig butchering scam that stole roughly $8 million from its victim. According to a recent filing with the U.S. District Court for the Eastern District of Texas, Judge Amos Mazzant granted Binance’s motion to dismiss the case for...
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Is Crypto’s Regulatory Uncertainty By Design? Michael Saylor Answers

Michael Saylor – Executive Chairman of the Bitcoin-bullish software company MicroStrategy – spoke at the Bitcoin 2023 conference in Miami regarding the trajectory of Bitcoin adoption as a Treasury Reserve asset, and its place next to crypto in the US regulatory perimeter.  The former CEO addressed whether the so-called “lack of clarity” surrounding crypto regulation...
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Litecoin Trades Near Most Anticipated Level At $90! Here’s What Traders Can Expect Next

As the specter of the US debt ceiling looms larger than ever, market uncertainties continue to grow, leading to cautious behavior among traders and investors worldwide. Amid the economic turmoil, several crypto assets are now trading on the verge of a crucial price level and altcoin traders are questioning the next possible move. Litecoin’s present...
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Bitcoin Increasingly Being Used as ‘Buy-and-Hold’ Asset: Bitfinex Report

Bitcoin turned higher this week, recording a modest 2% gain. While the largest crypto asset continues to languish below several key levels, the holders’ accumulation over the past several weeks suggests that it is “increasingly being used as a buy-and-hold asset.’” According to Bitfinex’s latest report, over 68.45% of the total supply, amounting to 13.27...
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WUBITS Launches New Features for Crypto Enthusiasts Seeking Connection and Innovation

[PRESS RELEASE – New York, United States, May 23rd, 2023] The crypto community thrives on digital connections and exchanging ideas. The techno-activists Cypherpunks owe their rise to social media platforms, as does the birth of cryptocurrencies and blockchain technology. It’s no wonder that blockchain-based social networks are popping up left and right, ready to reward...
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We Asked ChatGPT: Which Are the Top 4 AI Protocols You Should Know About

Artificial intelligence is growing in popularity, and ChatGPT is at the trend’s forefront. However, there are many applications of AI beyond language-based models and chatbots. We decided to ask ChatGPT itself to tell us which are the top 4 major AI protocols that everyone should know about. The AI came back with some well-known names,...
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Bitcoin (BTC) Close to Bullish Breakout as Bottom Is in: Glassnode Co-founder

The “poor sentiment” surrounding Bitcoin dominated the trend over several weeks as its price mostly remained trapped below the $28,000 level. However, more recent data is flashing bullish for the world’s largest crypto asset indicating that it could potentially be on the cusp of a bullish breakout. Bitcoin Bottom Is In Bitcoin’s tight-range consolidation may...
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FOMO on Sparklo (SPRK) as Investors Choose it Over Kava (KAVA) and Zilliqa (ZIL)

The buzz around Sparklo has led to uncontrollable excitement, with the majority not wanting to miss out on the presale project that is fast gaining traction. The exciting unique protocol and its growth potential have resulted in Sparklo being chosen ahead of Zilliqa (ZIL) and Kava (KAVA). In a first for the cryptocurrency industry, users...
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Institutional Crypto Funds See 5th Consecutive Week of Outflows: CoinShares

According to the CoinShares Digital Asset Fund Flows weekly report on May 22, there was an outflow of $32 million for the past week. It is the fifth week in a row where institutional crypto asset funds have been in the red, and the total has reached $232 million. However, the outflow was lower than...
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Chen Man Chooses Grimes as Her Muse for Her First NFT Collection Exclusively on LiveArt

[PRESS RELEASE – New York, NY, May 22nd, 2023] LiveArt’s Chen Man release is in partnership with iv Gallery, a pioneer in the Web3 space with $60m in art NFT sales to date World-renowned photographer Chen Man features Grimes in an iconic NFT collection “Silent Noise: Episode 01” on May 24th at 3pm UTC exclusively...
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OKX Applies for Regulatory Approval in France

[PRESS RELEASE – Paris, France, May 23rd, 2023] OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced it has filed an application in France to become a registered Digital Asset Service Provider (DASP) under the rigorous requirements set out by Autorité des Marchés Financiers (AMF) and the...
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ConsenSys Debunks MetaMask Withholding Customer’s Crypto for Tax Rumors

ConsenSys – the blockchain firm behind MetaMask – clarified that its self-custodial wallet does not collect taxes on crypto transactions, nor has it modified the terms of service to do so. In an update, the company said the rumor is false and was based on “inaccurate information” while admitting that “legal terminology can be complex.”...
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Bitcoin (BTC) $ 97,588.15 3.24%
Ethereum (ETH) $ 3,347.44 7.51%
Tether (USDT) $ 1.00 0.09%
Solana (SOL) $ 245.93 3.13%
BNB (BNB) $ 624.69 1.12%
XRP (XRP) $ 1.13 0.48%
Dogecoin (DOGE) $ 0.388488 0.33%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,347.13 7.37%
Cardano (ADA) $ 0.79843 4.04%