FED official says additional rate increases are required to cool prices.
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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Uniswap mobile wallet
A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.
https://twitter.com/Uniswap/status/1631691330031169537
📍 Follow @Coins for the hottest news in crypto.
A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.
https://twitter.com/Uniswap/status/1631691330031169537
📍 Follow @Coins for the hottest news in crypto.
X (formerly Twitter)
Uniswap Labs 🦄 (@Uniswap) on X
1/ Introducing the Uniswap mobile wallet 🦄✨
A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.
Now available as a limited early release - through Apple TestFlight.
A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.
Now available as a limited early release - through Apple TestFlight.
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Coinbase bought One River Digital Asset Management, which will be newly branded as a Coinbase unit, thus opening up a new line of business for the crypto exchange giant.
Founder Eric Peters will stay on as CEO and chief investment officer. The terms of the deal weren’t disclosed.
The deal is perhaps unsurprising, given Coinbase’s long-standing institutional customer base and the fact that it was an earlier investor in One River.
In statements, Coinbase’s leadership positioned the acquisition deal as a bear-market-building opportunity.
Here’s Greg Tusar, Coinbase’s head of institutional product: “We expect to build — on the other side of this crypto winter — an awesome asset-management business.”
📍 Follow @Coins for the hottest news in crypto.
Founder Eric Peters will stay on as CEO and chief investment officer. The terms of the deal weren’t disclosed.
The deal is perhaps unsurprising, given Coinbase’s long-standing institutional customer base and the fact that it was an earlier investor in One River.
In statements, Coinbase’s leadership positioned the acquisition deal as a bear-market-building opportunity.
Here’s Greg Tusar, Coinbase’s head of institutional product: “We expect to build — on the other side of this crypto winter — an awesome asset-management business.”
📍 Follow @Coins for the hottest news in crypto.
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Bybit has suspended USD deposits via bank transfer due to service outages from partner. USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US bank) are no longer available. Bybit did not disclose whether the bank partner is Silvergate.
https://announcements.bybit.com/en-US/article/notice-on-suspension-of-usd-payment-with-bank-transfer-blt8fe1124f4dc5c6a1/
📍 Follow @Coins for the hottest news in crypto.
https://announcements.bybit.com/en-US/article/notice-on-suspension-of-usd-payment-with-bank-transfer-blt8fe1124f4dc5c6a1/
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Announcement
Notice on Suspension of USD Payments via Bank Transfer
Bybit has suspended USD deposits via bank transfer due to service outages from our partner.
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Tech Layoffs in 2023:
1. Amazon: 18,000 employees
2. Google: 12,000 employees
3. Microsoft: 10,000 employees
4. Coinbase: 20% of employees
5. Twilio: 17% of employees
6. Zoom: 15% of employees
7. Salesforce: 10% of employees
8. PayPal: 7% of employees
9. Dell: 5% of employees
10. Zillow: 5% of employees
We’ve had a total of 125,000 tech layoffs in the first 2 months of 2023.
📍 Follow @Coins for the hottest news in crypto.
1. Amazon: 18,000 employees
2. Google: 12,000 employees
3. Microsoft: 10,000 employees
4. Coinbase: 20% of employees
5. Twilio: 17% of employees
6. Zoom: 15% of employees
7. Salesforce: 10% of employees
8. PayPal: 7% of employees
9. Dell: 5% of employees
10. Zillow: 5% of employees
We’ve had a total of 125,000 tech layoffs in the first 2 months of 2023.
📍 Follow @Coins for the hottest news in crypto.
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The U.S. Now Has:
1. Record $16.5 trillion in household debt
2. Record $11.9 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $986 billion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings with balances rising at the fastest pace since 1999.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 24.9%.
The US is "fighting" inflation with debt.
📍 Follow @Coins for the hottest news in crypto.
1. Record $16.5 trillion in household debt
2. Record $11.9 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $986 billion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings with balances rising at the fastest pace since 1999.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 24.9%.
The US is "fighting" inflation with debt.
📍 Follow @Coins for the hottest news in crypto.
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Binance once sought to hire Gary Gensler, the current head of the SEC:
The Wall Street Journal detailed the entreaties as part of a broader story on Binance’s efforts to establish business operations in the U.S via Binance.US, an exchange it says is wholly independent.
The Journal outlined the close operational ties between Binance and Binance.US as both firms face regulatory scrutiny in the United States and investigations by federal regulators, including the SEC.
Gensler was reportedly pitched on an advisory role in 2018 and 2019, per the Journal, when he was still teaching at the Massachusetts Institute of Technology.
Former Binance venture arm head Ella Zhang later wrote in a chat message that even though Gensler declined to come aboard, “he was generous in sharing license strategies.”
Several U.S. senators have begun to probe Binance and Binance.US’s relationship as Capitol Hill weighs regulations of the exchange ecosystem and the digital asset market as a whole.
Full Story: https://www.wsj.com/articles/texts-from-crypto-giant-binance-reveal-plan-to-elude-u-s-authorities-3a17ddeb
📍 Follow @Coins for the hottest news in crypto.
The Wall Street Journal detailed the entreaties as part of a broader story on Binance’s efforts to establish business operations in the U.S via Binance.US, an exchange it says is wholly independent.
The Journal outlined the close operational ties between Binance and Binance.US as both firms face regulatory scrutiny in the United States and investigations by federal regulators, including the SEC.
Gensler was reportedly pitched on an advisory role in 2018 and 2019, per the Journal, when he was still teaching at the Massachusetts Institute of Technology.
Former Binance venture arm head Ella Zhang later wrote in a chat message that even though Gensler declined to come aboard, “he was generous in sharing license strategies.”
Several U.S. senators have begun to probe Binance and Binance.US’s relationship as Capitol Hill weighs regulations of the exchange ecosystem and the digital asset market as a whole.
Full Story: https://www.wsj.com/articles/texts-from-crypto-giant-binance-reveal-plan-to-elude-u-s-authorities-3a17ddeb
📍 Follow @Coins for the hottest news in crypto.
The Wall Street Journal
Texts From Crypto Giant Binance Reveal Plan to Elude U.S. Authorities
The exchange was intertwined with an American firm portrayed as independent. Now, regulators are circling.
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Airdrop details: https://medium.com/pancakeswap/participate-in-pancakeswap-v3-launch-claim-135k-cake-airdrop-and-receive-an-exclusive-nft-for-a1327ee80884
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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Coins ( ₿ )
Bybit has suspended USD deposits via bank transfer due to service outages from partner. USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US bank) are no longer available. Bybit did not disclose whether the bank partner is Silvergate. https:/…
Bybit: We confirm USD deposits via wire transfer (including SWIFT) are temporarily suspended as our end-point processing partner is currently adjusting its scope of work. We are closely urging our partners for alternative solutions. Users can still buy crypto currencies in USD using their debit and credit cards through other channels.
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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Lido token price tanks after podcaster spreads inaccurate rumor of Wells notice.
It doesn't take much to tank a token price, particularly lately as fear of SEC action in the Ethereum staking world has run high. Popular podcaster David Hoffman speculated on his Bankless podcast on March 3 that "I have wind that many, many, many Wells notices have been issued to many of the defi apps, orgs that we all know and love" in the last week, describing it as a "carpet bombing" and adding that "I think Lido got one". Although he clarified that they were only rumors, it was enough to spark panic, and the LDO token fell almost 20%, from around $3 down to around $2.45.
Hoffman later retracted the statement in a long tweet and apologized, and the LDO price recovered somewhat, though not to its initial level. However, he continued to claim that "there is at least one confirmed Wells Notice that has gone out recently, that isn't known to the public", but wrote that "the idea of a mass recent carpet bomb isn't correct".
📍 Follow @Coins for the hottest news in crypto.
It doesn't take much to tank a token price, particularly lately as fear of SEC action in the Ethereum staking world has run high. Popular podcaster David Hoffman speculated on his Bankless podcast on March 3 that "I have wind that many, many, many Wells notices have been issued to many of the defi apps, orgs that we all know and love" in the last week, describing it as a "carpet bombing" and adding that "I think Lido got one". Although he clarified that they were only rumors, it was enough to spark panic, and the LDO token fell almost 20%, from around $3 down to around $2.45.
Hoffman later retracted the statement in a long tweet and apologized, and the LDO price recovered somewhat, though not to its initial level. However, he continued to claim that "there is at least one confirmed Wells Notice that has gone out recently, that isn't known to the public", but wrote that "the idea of a mass recent carpet bomb isn't correct".
📍 Follow @Coins for the hottest news in crypto.
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Snoop Dogg just launched a Web3 live streaming app Shiller.
https://twitter.com/shiller/status/1624409611783512066
📍 Follow @Coins for the hottest news in crypto.
https://twitter.com/shiller/status/1624409611783512066
📍 Follow @Coins for the hottest news in crypto.
Twitter
Get ready for the Web3 live stream revolution! 🫵
Say goodbye to the middlemen and hello to true creator empowerment with Shiller! 📲
Apply now 👉 https://t.co/w43RvAGN3t
Say goodbye to the middlemen and hello to true creator empowerment with Shiller! 📲
Apply now 👉 https://t.co/w43RvAGN3t
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Forwarded from Crypto News - Fast Market Moving⚡️
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ETH Selling Pressure Analysis Ahead of the Shanghai Upgrade: the Profit & Loss Perspective
- STAKED ETH IN PROFIT/LOSS
- STAKED ETH PROFIT/LOSS ANALYSIS BY POOL
- STAKING POOL DEPOSITOR ANALYSIS
- STAKED ETH OUTFLOWS (Available when outflows occur after the Shanghai Upgrade)
Interesting dashboard: https://cryptoquant.com/analytics/dashboard/63fd5b5d427380174e2397b8
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- STAKED ETH IN PROFIT/LOSS
- STAKED ETH PROFIT/LOSS ANALYSIS BY POOL
- STAKING POOL DEPOSITOR ANALYSIS
- STAKED ETH OUTFLOWS (Available when outflows occur after the Shanghai Upgrade)
Interesting dashboard: https://cryptoquant.com/analytics/dashboard/63fd5b5d427380174e2397b8
📍 Follow @Coins for the hottest news in crypto.
Cryptoquant
ETH Selling Pressure Analysis Ahead of the Shanghai Upgrade: the Profit & Loss Perspective | Cryp...
Customize what you see with our dashboard.
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Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment, Marco Santori, Kraken’s chief legal officer, told The Block’s Frank Chaparro on The Scoop podcast.
https://www.theblock.co/post/217177/kraken-is-on-track-to-launch-bank-very-soon-despite-regulatory-weird-place
📍 Follow @Coins for the hottest news in crypto.
https://www.theblock.co/post/217177/kraken-is-on-track-to-launch-bank-very-soon-despite-regulatory-weird-place
📍 Follow @Coins for the hottest news in crypto.
The Block
Kraken is on track to launch bank 'very soon' despite regulatory 'weird place'
Kraken's chief legal officer says the exchange's banking relationships are secure.
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Unusual volume detected in 1h chart: $XEM - $0.0416 (+1.46%)
Upbit:
Average 50 1h volume: 7 Million
Last: 64 Million
Percent change: 766.25% 🔥
Binance:
Average 50 1h volume: 5 Million
Last: 7 Million
Percent change: 44.90%
Funding rate: 0.00010000
📍 Follow @Coins for the hottest news in crypto.
Upbit:
Average 50 1h volume: 7 Million
Last: 64 Million
Percent change: 766.25% 🔥
Binance:
Average 50 1h volume: 5 Million
Last: 7 Million
Percent change: 44.90%
Funding rate: 0.00010000
📍 Follow @Coins for the hottest news in crypto.
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Singapore Police Have Begun Probing Crypto Fugitive Do Kwon’s Terraform Labs
Island’s police force says investigations have now commenced
US SEC last month accused Kwon and Terraform Labs of fraud
https://www.bloomberg.com/news/articles/2023-03-06/singapore-police-have-begun-probing-crypto-fugitive-do-kwon-s-terraform-labs#xj4y7vzkg
📍 Follow @Coins for the hottest news in crypto.
Island’s police force says investigations have now commenced
US SEC last month accused Kwon and Terraform Labs of fraud
https://www.bloomberg.com/news/articles/2023-03-06/singapore-police-have-begun-probing-crypto-fugitive-do-kwon-s-terraform-labs#xj4y7vzkg
📍 Follow @Coins for the hottest news in crypto.
Bloomberg.com
Singapore Police Have Begun Probing Crypto Fugitive Do Kwon’s Terraform Labs
Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.
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Main reason for markets being bearish to sideway is because of the uncertainties around Mt. Gox for $BTC and Shanghai affect for $ETH.
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📍 Follow @Coins for the hottest news in crypto.
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