Bitcoin drawdowns vs other assets – Amazon with the largest drawdown of 95%

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Japan to launch CBDC pilot program for issuance of digital Yen

Ad Bank of Japan director Uchida Shinichi said that the apex bank would launch a central bank digital currency (CBDC) pilot program to test the use of digital yen from April. The Bank of Japan launched the Proof of Concept (PoC) phase of its CBDC experiment in April 2021. The PoC was designed to investigate the…

CZ: ‘Landscape is shifting,’ following 15% drop in BUSD market cap

Ad Binance CEO Changpeng Zhao (CZ) said the “landscape is shifting,’ concerning stablecoin movements triggered by recent regulatory pressures. Tether gains at BUSD’s expense The Binance CEO tweeted details of changes in the valuations of the top three stablecoins. He said BUSD’s market cap had fallen by almost $2.5 billion to $13.7 billion — a…

BlockFi files to dismiss SBF’s Emergent company bankruptcy case

Ad Bankrupt crypto lender BlockFi has asked the court to dismiss a bankruptcy case filed by Sam Bankman-Fried’s (SBF) Emergent Technology company over a tussle to control 55 million Robinhood shares. Disgraced FTX founder SBF owned 90% of shares in Emergent Technology — a company he co-founded with Gary Wang solely to purchase Robinhood shares….

Bitcoin loses $24k – as 15k coins go back onto exchanges, profits get realized

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Platypus Finance hacked for $9M on Avalanche

Ad The DeFi application Platypus Finance has suffered a $9 million attack, according to a series of tweets from the blockchain security firm CertiK on Feb. 16. That report states that an attacker used flash loans on the Avalanche (AVAX) blockchain to exploit a function in one of Platypus’ smart contracts. The attacker deposited $44…

SURF Reward Launches Browser Extension with Cryptocurrency Rewards & IDO Presale

Press Release: Abelius Capital AG to launch ‘SURF Reward’, an internet  browser extension that monetizes advertisements into cryptocurrency.  February 16, 2023, Dusseldorf, Germany — German company Abelius Capital AG has announced the launch of its Surf2earn internet web browser extension, SURF Reward. The extension will enable users to view selected advertisements in exchange for SURF…

Binance.US sent $400M to a partner firm managed by CZ

Ad Binance.US sent approximately $404 million to a firm managed by Binance CEO Changpeng Zhao, according to a Feb. 16 report from Reuters. That report alleges that Binance.US, under the name BAM Trading, sent millions of dollars from an account at Silvergate Bank to a trading firm called Merit Peak Ltd. Merit Peak names Binance…

SEC files complaint against Terraform Labs, Do Kwon

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Binance mints almost 50 million TUSD stablecoin; TRU token rises 200%

Ad Binance has made good on its recent promise to support the stablecoin ecosystem. According to a tweet from Whale Alert, on Feb. 16, Binance purchased nearly 50 million, a stablecoin running on the Ethereum blockchain. The exchange minted nearly 50 million TUSD on Feb. 16. Following the minting, the TRU token, previously linked to…