Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. Source link
Bitcoin price threatens $19K support ahead of 'most hyped' CPI print
Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range. Source link
Russian stablecoin usage surged after Ukraine invasion: Report
According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets. Source link
French police use Twitter crypto sleuth's research to catch scammers
The alleged fraudsters built a BAYC and MAYC NFT focused website that masqueraded as a service to animate the apes but instead phished victims details to steal their NFTs. Source link
Blockchain.com gets regulatory nod from Singapore’s central bank
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub. Source link
Brazil's Rio de Janeiro will accept crypto-payments for property taxes
The city will allow taxpayers to make crypto payments through third-party service providers. Source link
Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away
The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation. Source link
Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision
Michael Barr suggested that financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities regarding the use cases of innovative technologies. Source link
The SEC was right to whack Kim Kardashian for shilling Ethereum Max
Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight. Source link
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.” Source link