Cardano stablecoin project gambled away investors’ money before rug: Report
Ardana claimed to be creating a stablecoin platform on Cardano, but new evidence suggests it may have lost investors’ money in bad crypto trades.
Posts published by Cointelegraph.com News 455/761
FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case
According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony.
Bitcoin price drops its early week gains — Here is why
Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.
Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown
Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.
Sam Bankman-Fried sues insurance company for defense costs as trial opens
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
Bitcoin drives digital asset inflows for the first time in 6 weeks: Report
But Solana was the only other major asset to show inflows for the week.
Alex Mashinsky's jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings.
Ecosystem developers bring Bitcoin to Cosmos network
nBTC will be usable across more than 50 app-chains connected to Cosmos IBC.
What has Sam Bankman-Fried been up to in jail?
Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August.
As trial begins, Sam Bankman-Fried's lawyers push to exclude testimony from FTX users
Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.
Optimism network launches testnet fault-proof system in pursuit of decentralization
OP Labs implemented its modular fault-proof system on the OP Goerli testnet.
12 crypto experts’ tips for companies working with tokenized assets
As the idea of tokenizing assets continues to gain momentum, companies must keep regulatory compliance in mind.
Binance to shut down BUSD lending by October 25
The move is part of a phased termination of BUSD support by February 2024.
Crypto community tells Elon Musk to dump Satoshi ‘X’ account
The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto, claiming it is in breach of the platform’s terms of use.
Bitcoin analysts still predict a BTC price crash to $20K
BTC price has various reasons to return to $20,000, from a “head and shoulders” pattern to a FUD-induced cascade, Bitcoin analysis warns.
How the actor model could enable better blockchain gaming apps
Can developments in computing help fix blockchain gaming’s quality problem?
Singer Vérité’s fan-first approach to Web3, music NFTs and community building
Many see music as the next frontier of blockchain adoption, and musician Vérité reveals what a fan-first approach to Web3 looks like.
Binance collaborates with Royal Thai Police to seize $277M from scammers
Over 3,000 victims of the alleged crypto scammers have come forward to the authorities to file for compensation claims.
ETF filings changed the Bitcoin narrative overnight — Ledger CEO
Ledger’s CEO says that, while it may take a few years, big money is getting into crypto.
Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency.
Samsung to develop AI chips with Canadian startup Tenstorrent
The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers.
Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacks
Blockchain analytics firm Match Systems has made contact with an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discounted prices.
Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.
Kazakh crypto miners plead with President to cut energy prices
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev.
Neal Stephenson’s blockchain project holds discovery month as metaverse hype wanes
Lamina1 CEO Rebecca Barkin told Cointelegraph that as long as people continue to invest time and money in digital experiences, the metaverse will continue to come to life.
Tom Hanks, MrBeast and other celebrities warn over AI deep fake scams
Instances of celebrities and public figures continue to surface regarding AI deep fakes with their likeness circulating around the web promoting scams or products.
Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993.
Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts.
Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%
BTC price support gives in to sellers at six-week highs, but Bitcoin remains in its classic trading range.