Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly." Source
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Bitcoin Outflows Reach Highest Since FTX Crash, Bullish?
On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out, around 7,000 coins
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The state of Solana: Will the layer-1 protocol rise again in 2023?
Despite the latest FTX-related crisis, Solana still has what it
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Bored Ape Rapper's NFT Mint Sells Out So Fast Many Fans Left Mad, Empty-Handed
The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from empty-handed fans as to whether or not it was a faulty drop. Source
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Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days – Altcoins Bitcoin News
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs in
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Fed denies Custodia Bank application to join the Federal Reserve System
The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed stated that the application was “inconsistent with the required factors under the law.” It also claimed Custodia had an “insufficient” management framework and cited an
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Traditional Banks Set to Dominate Crypto Stablecoin Market as Regulatory Certainty Grows
Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history. Typically, on-chain collateral consists of cryptocurrencies like BTC or ETH, fiat-backed stablecoins like USDC or USDT and a few nascent traditional financial assets brought on-chain (for example, there
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Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D. Source
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Balancing Privacy & Compliance to Ensure High Privacy for CBDC Payments
Today, the public already accepts some financial privacy invasion. Existing digital payment methods, such as debit and credit cards, bank account transfers and mobile money payments do not have a high degree of privacy – and are growing in market share. Know-your-customer (KYC) measures are necessary to open bank accounts
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Bitcoin Investors Turn Greedy, First Time Since March 2022
Data shows investors in the Bitcoin market have turned greedy for the first time since March 2022, after what was the longest stretch of fear ever. Bitcoin Fear And Greed Index Now Points At “Greed” The “fear and greed index” is an indicator that tells us about the general sentiment among investors
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