This Week in Crypto: Bitcoin was on the verge of a breakout towards €30,000, Bitcoin's correlation with US stock markets fell to its lowest level in a year and a half, a long surge in Bitcoin sell-offs suffered The “sell the fact” reaction to the dovish US Federal Reserve and Bitcoin-backed mutual fund outflows increased sharply last week. Telegram users were given the ability to transfer USDT through chats, and Sony filed a patent to make NFTs transferable between various games, devices, and consoles.
Circle CEO Reveals One of the Company's Top Executives Pledged USDC Airdrop Hacked, €1 Million in Crypto Stolen from AI-Powered Trading App Harvest Keeper, and ATM Maker General Bytes Suffered a Privacy Breach security with €1.5 million in stolen BTC. Kraken to Suspend Automated Clearing House Deposits and Withdrawals Due to Silvergate Bank Closure, Bitfinex CTO Says El Salvador's Long-Awaited Bitcoin Bonuses Will Launch This Year, But They May Not Be Bonuses After All, and an Australian crypto exchange was considering expansion in Hong Kong amid a favorable regulatory landscape. Speaking of which, Hong Kong has attracted a lot of interest from virtual asset-related companies as it tries to become a crypto hub, while a growing number of Chinese employees and companies can now use the digital yuan to pay their bonuses and taxes. of social security.
The US Supreme Court Heard Arguments In Coinbase's Effort To Arbitrate Two Class Action Lawsuits Against It, Celsius Account Holders Will Be Able To Recover 72,5% Of Their Holdings If They Agree To A Settlement Plan, FTX asked a US bankruptcy judge to protect its property from liquidators in its Bahamas unit, and Binance was under increasing pressure from regulators on multiple fronts. Meanwhile, a hostile takeover of DefiLlama could have been underway with an internal rift between key team members exposed.
A Bithumb official was under investigation on suspicion of accepting bribes in exchange for a coin listing, a Bulgarian woman was extradited to the United States for her involvement in crypto firm OneCoin's system, the Venezuelan president said he had "purged Mafia influences" from his government cryptocurrency regulators after overseeing the arrest of a former right-hand man, and Brazilian police launched what they called a sex-themed cryptocurrency extortion ring.
The digital asset industry has come under fire in a new report released by the US White House, Florida Governor Ron DeSantis says CBDCs won't be coming to the US state any time soon , the IRS considered treating NFTs as taxable collectibles, a major South Korean financier. The regulator has denied reports that it is cooperating with the US in efforts to classify certain cryptocurrencies as securities, the Belgian financial regulator has outlined new cryptocurrency advertising laws that require companies to include a high-risk disclaimer risk, and a Spanish lawmaker has abandoned politics with plans to become a cryptocurrency and blockchain guru.
And here is a selection of the best cryptocurrency jokes, just for you.