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FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November. The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdraw al requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus Securities and Exchange Commission according to a report in Finance Magnates. A screenshot of the newly launched website to withdraw funds from FTX EU. Source: FTX Europe The new domain will not offer any products or services other than to pay back impacted customers, the report said, referencing an email received by FTX Europe. "Please be informed that our new domain, www.ftxeurope.eu, has been approved by our regulator CySEC as you have well identified. The website will only be used for all FTX EU LTD clients to be able to claim their FIAT balances....

BTC price action snatches at $30,000, but Bitcoin market participants dismiss it as a "deviation" at range highs. Bitcoin (BTC) set new nine-month highs overnight on March 30 as traders continued to stay cautious. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView "Deviation" takes BTC price closer to $30,0 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $29,170 on Bitstamp. A rejection entered almost immediately, sending the pair back to its starting point and causing already suspicious market participants to call a “ fakeout .” # Bitcoin - What a lovely fakeout . This is why you don't chase green candles pic.twitter.com/oJzrMoRi20 — IncomeSharks (@IncomeSharks) March 30, 2023 “Nothing has changed- yea we got a nice little pop above the highs but this was expected,” popular trader Credible Crypto wrote in part of a Twitter reaction, calling the move a “deviation.” BTC/USD annotated chart. Source: Credible Crypto/ Twitte...

VeChain is actively engaged in several development initiatives and projects. The announcement of “The HiVe” event has garnered considerable attention from the Web3 community. Throughout 2023, the team has been regularly providing updates on their ongoing developments, while also having multiple upcoming projects in the works. Also read: Binance Concealed Substantial Ties to China for Multiple Years, Says Report They released their new whitepaper on March 6, 2023, and unveiled the details of the new VET 3.0 protocol. According to the latest details, VeChain CEO, Sunny Lu held a meeting with the Head of the Hong Kong Treasury. Source: Twitter VeChain unveiled new whitepaper and other technical solutions With the cryptocurrency industry receiving mixed signals from nations including the US and Europe, nations like Hong Kong and the UAE are at the forefront of embracing the technology. The cryptocurrency-friendly approach taken by Hong Kong has also attracted potential ...

South Korea’s Financial Supervisory Service (FSS) Governor Lee Bokhyun has announced that the country may lift a short selling ban as early as this year if market conditions improve. The move would likely make the South Korean market more attractive to foreign investors, who have been deterred by the restriction. Implemented during the pandemic to reduce market volatility, the short selling ban was partially lifted in 2021. It now permits trades for large-cap shares on the Kospi 200 and Kosdaq 150 indexes. However, many of South Korea’s influential retail investors are against a full removal of the restrictions, fearing that it could lead to greater price fluctuations. Lifting the ban could help South Korea achieve developed-market status in MSCI Inc.’s equity gauge, allowing for a broader pool of foreign funds to invest in the nation’s stocks. Lee stated that the country is “seriously dedicated” to achieving that status, with hopes of doi...

The United Kingdom’s Treasury, known as HM Treasury, has dropped its plans to launch government-backed NFTs, after consulting with the country’s Royal Mint. The decision to abandon the NFT project comes almost a year after it was initially introduced by Prime Minister Rishi Sunak, who was serving as the Chancellor of the Exchequer at the time. The decision came to light after Treasury Select Committee chair Harriett Baldwin, who is also serving as a member of parliament from UK’s West Worcestershire, asked for an update from the current Chancellor of the Exchequer regarding the Treasury’s stance on the proposed NFTs to be issued by the Royal Mint. Andrew Griffith, the UK’s Economic Secretary and MP from Arundel and South Downs, responded to Baldwin’s inquiry and revealed that the Treasury had decided not to proceed with the NFT launch. The decision was reportedly taken after consultation with The Royal Mint. However, the economic Secretary stated that the proposal would be ...

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million were sent to a Coinbase address. Uncle Sam’s Crypto Stash: How the U.S. Government Became a Top Bitcoin Holder The U.S. government currently holds 205,515 bitcoins valued at $5.66 billion based on today’s exchange rates. The bitcoins were confiscated in three cases, including the Silk Road bitcoin seizure in November 2020, the 2022 Bitfinex hack confiscation, and the seizure of bitcoins from James Zhong last year. Of the total, 69,369 BTC was seized from “Individual X,” 94,643 BTC was taken from Ilya Lichtenstein and his wife Heather Morgan, and 51,326 BTC was seized from Zhong in November 2022. According to ...

The massive development of the Shiba Inu ecosystem, the SHIB Metaverse, is placing a clear emphasis on empowering women in the sector, according to a new Forbes report. Specifically, Shiba Inu developer Shytohi Kusama has established a fund to benefit The International Woman of Blockchain, with a personal contribution of $25,000. The Shiba Inu ecosystem, recently bolstered by the arrival of Shibarium, is among the most passionate communities in the industry. Now, Kusama is clearly focusing on the SHIB Metaverse development and what that could mean for the people who participate in it. Source: Cryptosiam SHIB Metaverse Partners to Empower Women The rise of Shiba Inu remains one of the most significant aspects of digital assets as an enterprise. Beginning as a meme coin, the token has developed into a full-fledged industry. The token has one of the most passionate communities of any on the market. Now, a part of that ecosystem, the SHIB Metaverse, is emphasizing empowerin...

Community engagement has always been a key aspect of crypto, and it's proving its value during bear markets. The highly anticipated launch and airdrop of Arbitrum's native governance token ARB took place on March 23, creating a buzz around the layer-2 protocol as hundreds of thousands of eligible users and DAOs tried to claim the token. Overwhelming user demand led the airdrop claim page to crash shortly after its launch, displaying 404 and 429 errors for over an hour, Cointelegraph reported.  Since Arbitrum was one of the largest blockchain projects without a token, the hype around its drop was expected. Nevertheless, it exemplifies how community-driven projects in the space can still thrive, despite competitors, technical challenges, market downturns and regulatory uncertainty. Wen? Now. ‍ pic.twitter.com/CysJ9nPP3Z — Arbitrum (,) (@arbitrum) March 16, 2023 Arbitrum wasn't the first - and certainly won't be the last - project to mobilize massive audiences. In Febr...

According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found in Kwon’s Possession Terraform Labs co-founder and CEO Do Kwon, also known as Kwon Do-hyung, was arrested on Thursday in Montenegro, a mountainous country located in South Eastern Europe on the Balkan Peninsula. The news was first disclosed on March 23 by Montenegro’s interior minister Filip Adzic who explained Kwon was apprehended at the Podgorica airport bearing phony identification documents. According to a report published by the AFP on Friday, Kwon is now being charged with forgery in Montenegro. Kwon was also traveling with an unknown companion who was also taken into custody. “A criminal complaint was f...

Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent enforcement as “Operation Chokepoint,” a mission aimed at eliminating access to the crypto ecosystem in the United States. Bank Shutdowns Raise Concerns About U.S. Government’s Stance on Crypto In recent weeks, crypto advocates have discussed U.S. government enforcement actions toward digital currency projects and businesses such as crypto exchanges. The collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank has led many to believe the U.S. government is closing access to crypto services. For example, with Signature Bank’s shutdown, spectators were confused about why it happened. Adding to the speculation, Signature board member and former politician Barney Frank said regulators shut...

As crypto traders became wary of making investment decisions amid the Terra collapse in 2022, scammers shifted to free giveaways and romance scams. While scammers can also feel the chill of the crypto winter as scam revenue drops by 46%, some continue to adapt and thrive despite the bear market.  In a crypto crime webinar focusing on crimes that affect consumers, Eric Jardine, the cybercrimes research lead at Blockchain Analysis firm Chainalysis broke down how scammers shift their strategies as market situations change. Romance and giveaway scams rose in 2022. Source: Chainalysis According to Jardine, while the overall crypto scam revenue dropped in 2022, not all scams behaved similarly. He explained that:  "One of the new innovations in this year's report was sub-classing scams into types. And there, what we discovered was that not all scams behaved the same way in the context of the bear market." While the Terra collapse in 2022 made crypto investors skeptical of m...

Circle’s chief strategy officer Dante Disparte said at a Paris Blockchain Week panel that while the chain is currently not strong, people are continuing to build and develop. A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference.  Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head of strategy at Nasdaq Digital Assets; Rich Widmann, the head of strategy for Web3 at Google; Dante Disparte, the chief strategy officer and head of global policy at Circle; and Denelle Dixon, the CEO of Stellar Development Foundation. The panelists discussed various topics and gave their insights on the current state of the Web3 space, from sharing their company’s current focus to giving their predictions on how 2023 wo...

The Livepeer price prediction is likely to break above the $7.0 barrier as the coin faces the upper boundary of the channel. Livepeer Price Statistics Data: Livepeer price now – $6.57 Livepeer market cap – $179.1 million Livepeer circulating supply – 27.4 million Livepeer total supply – 27.4 billion Livepeer Coinmarketcap ranking – #170 LPT/USD Market Key Levels: Resistance levels: $9.0, $10.0, $11.0 Support levels: $4.0, $3.0, $2.0 LPTUSD – Daily Chart LPT/USD is refreshing to a new high after touching the daily low of $6.10 to cross above $7.0 while currently trading at $6.57 with a bullish crossover above the 9-day and 21-day moving averages. On the other hand, the bulls may continue to increase the buying pressure if the market price remains above the moving averages but the bears may like to return to the market. Livepeer Price Prediction: LPT Price Ready to Push Higher The Livepeer price can only begin the uptrend if the current ...

Speaking on Monday, the White House stated that President Joe Biden has confidence in Federal Reserve Chair Jerome Powell. Subsequently, the endorsement has arrived following the Fed’s most recent action in protecting depositors affected by the Silicon Valley Bank closure. The country’s economic status has experienced a tumultuous two years, as the fights against inflation and an impending bank crisis have called its leadership into question. Conversely, the United States president has seemingly endorsed the current chair. JUST IN: White House says President Biden has confidence in FED Chair Jerome Powell. — Watcher.Guru (@WatcherGuru) March 20, 2023 President Endorses Federal Reserve Chair The financial sector of the US has seen a rather difficult 2023 thus far. Following a year of interest rate hikes to combat growing inflation, the banking industry has seen massive blows in the past few weeks. Moreover, as a crisis looms, there is growing concern about the safegua...

VeChain announced a partnership with Canadian IT firm, Micromation Inc, to enhance product traceability in the global supply chain industry. Micromation revealed in a recent press release, that it built a Proof-of-Concept (PoC) using VeChain ’s protocol to advance asset traceability. The VeChain Foundation built the enterprise-grade smart contract protocol for Micromation to tap the technological advancements of transparency in the supply chain. The new protocol named ToolChain grants access to Micromation to integrate GS1 US standards for the identification of CBD products. The supply chain management is worth nearly $30 billion in 2022. Also Read: 7 Major Banks to Increase U.S. Dollar Liquidity via Swap Lines “ At VeChain , we understand the critical importance of ensuring product quality and safety in these industries. That’s why we’ve designed VeChain ToolChain to be a flexible and customizable solution that can meet the unique needs of any supply chain,” said the...

Mar 18, 2023 at 08:14 // Price Author Coin Idol The price of Shiba Inu (SHIB) continues to decline despite an upward correction. Shiba Inu price long-term forecast: bearish Since March 9, the decline has slowed above the $0.00001000 support level. At the time of writing, SHIB is trading at $0.00001088. Last week, the cryptocurrency asset corrected to reach its previous highs. However, the upward movement was slowed down by the 21-day line SMA. SHIB is deteriorating against the current support as a result. If the current support level is breached, the cryp...

Join Our Telegram channel to stay up to date on breaking news coverage There are various crypto investment options to consider, whether they are well-established cryptocurrencies or newcomers to the market. It’s good idea to invest in the cryptocurrency with the greatest chance of profit. In this article, we’ll look at the best cryptocurrencies to buy at the moment. C+Charge The goal of C+Charge is to create a rewarding, reliable, and sustainable charging ecosystem and to create technologies that will support and encourage everyone’s transportation. The project will make use of green energy while providing drivers and token holders with advantages that were previously only available to quite large businesses. One of the few real-world uses for Web3 technology that can be applied to a variety of real-world applications is the C+Charge app. This includes—but is not limited to—powering real-time data transmission, a transparent payment system, and ...