TheCoinMag

[TheCoinMag @TheCoinMags]

The Australian Treasury is expected to delay the enforcement of new #crypto regulation until 2024 or 2025, rather than the end of 2022 as previously expected. This decision is due to the recent market conditions, such as the #FTX collapse.

https://t.co/itvA9nVQ9b

[TheCoinMag @TheCoinMags]

A recent report from the Wall Street Journal has revealed insider communications between #Binance and Binance US, discussing how best to deal with regulatory oversight.

https://t.co/Xkes0pvxgw

[TheCoinMag @TheCoinMags]

#Kraken, a #crypto exchange, is planning to roll out its own bank, Kraken Bank, despite its difficult relationship with the United States regulatory agencies. The offering will initially be available to the existing clients of the exchange in the #US.

https://t.co/TC5zC6C6cD

[TheCoinMag @TheCoinMags]

The #crypto market has been in a bear market since its peak in November 2021, and the market has not seen much movement over the weekend.

https://t.co/t6NH2Hgpvp

[TheCoinMag @TheCoinMags]

Two United States senators have recently sent a letter to #MarkZuckerberg, the CEO of #Facebook ’s parent company #Meta Platforms Inc., asking him to cease plans to release its Horizon Worlds metaverse app to teenagers.

https://t.co/ngSz9lXuzc

[TheCoinMag @TheCoinMags]

On March 1st, the #cryptocurrency casino Roobet announced its partnership with iconic rapper #SnoopDogg in an effort to “reinvent” the online entertainment industry.

https://t.co/UFAZPSjMfp

[TheCoinMag @TheCoinMags]

The market cap of the once-major #stablecoin $BUSD has declined by more than 60% since hitting an all-time high of $23.04 billion in November 2022. This is due to the regulatory tussle it is embroiled in with the United States Securities and Exchange.

https://t.co/LZQdqEKQ99

[TheCoinMag @TheCoinMags]

The past 24 hours have seen #Bitcoin attempt to recover some of its recently lost value, but it has been stopped in its tracks and is back down to $22,300. #Ethereum, #Ripple, #OKB, #Cardano, #Dogecoin, #Polygon, #Polkadot, and #ShibaInu are all down https://t.co/fX7XNNDzKg

[TheCoinMag @TheCoinMags]

The #NFT marketplace #Blur has been engaged in a battle with the once-market leader #OpenSea. Data compiled by https://t.co/y81EXHk0Qt shows that OpenSea has seen an uptick in unique users since mid-February.

https://t.co/9PFp0rCJOp

[TheCoinMag @TheCoinMags]

#Riot #Blockchain, a Colorado-based bitcoin miner, reported a total revenue of nearly $260 million for 2022, a 22% increase compared to 2021.

https://t.co/ECBGrk3hwC

[TheCoinMag @TheCoinMags]

#Revolut, a London-based #fintech company that allows #cryptocurrency trading, saw a 33% spike in its revenue in 2022, despite the crypto market decline and unfavorable macroeconomic conditions. This was revealed by the firm’s CFO, Mikko Salovaara.

https://t.co/RhPwf97u7B

[TheCoinMag @TheCoinMags]

The #crypto market experienced a major crash on Friday, with #Bitcoin plummeting to just under $22,000, its lowest price point since Valentine's Day. The altcoins followed suit, with #Ethereum dropping by $100 and Binance Coin trading beneath $300.

https://t.co/YB5LNO3NU8

[TheCoinMag @TheCoinMags]

Brad Garlinghouse, the Chief Executive Officer of #Ripple, believes that the US is lagging behind other countries in terms of #cryptocurrency regulation due to the lack of clarity in the laws.

https://t.co/jon6HXlqwD

[TheCoinMag @TheCoinMags]

The Superior Court of the District of Columbia has recently dismissed a civil complaint against American business intelligence company #MicroStrategy and its co-founder #MichaelSaylor. The complaint was filed in August by the Washington District.

https://t.co/k6MVvqgaLD

[TheCoinMag @TheCoinMags]

#Bitcoin price has taken a significant hit in the past 24 hours, dropping 4% and currently trading at around $22.3K. The sudden crash has been attributed to the turmoil at Silvergate Bank, which reported operational issues yesterday.

https://t.co/thOtn6fLBT

[TheCoinMag @TheCoinMags]

The #crypto market experienced a 5% crash in #Bitcoin on March 3, 2023, which caused liquidations to increase to around $243 million in the past 24 hours.

https://t.co/wAnxJiaKos

[TheCoinMag @TheCoinMags]

#Kraken, a #cryptocurrency exchange, is severing ties with Signature Bank due to the bank's decision to stop processing transactions worth less than $100,000. This follows the bankruptcy of #FTX in December, which sparked a domino effect of contagion.

https://t.co/qQmkAljsD0

[TheCoinMag @TheCoinMags]

#MATIC, a #cryptocurrency, has been in a downtrend for some time and is having difficulty finding support. The support at $1.3 was unable to hold off the assault from bears and has now turned into resistance.

https://t.co/eubP2hF1O0

[TheCoinMag @TheCoinMags]

#FTX, the bankrupt #crypto exchange founded by #SBF, appears to have spent millions of dollars purchasing a luxurious castle in the Czech Republic through an obscure non-profit with ties to the “effective altruism” movement.

https://t.co/xRX3XtyX0V

[TheCoinMag @TheCoinMags]

On March 1, #MetaMask announced its latest upgrade, a software development kit (SDK) in the #Unity Asset Store, which allows developers to connect their games to the MetaMask wallet.

https://t.co/BAKZgcuxJP