Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders
A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.
Posts published by Cointelegraph.com News 212/756
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
Base creator Jesse Pollak to join Coinbase exec team and lead wallet charge
Two industry observers believe Pollak’s involvement in Coinbase Wallet and Base may finally offer a solution to crypto’s long-standing UX issues that have hamstrung adoption.
Judge axes class action claiming Iris Energy misled investors during IPO
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.
Restaking is growing like crazy… but it could crash and burn
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.
Crypto founders increasingly look to ‘geofencing’ amid US uncertainty
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.
CleanSpark still to restore 165MW in aftermath of Hurricane Helene
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.
SEC wins case against defunct crypto firm over $18M ICO
A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017.
Crypto exchange Gemini to close all customer accounts in Canada
Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year.
Australian bank joins Project Guardian to explore RWA tokenization
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.
Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.
Tons of options: 5 crypto wallets that support TON blockchain
As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets.
Ethereum gas fees rose 498% in two weeks as network activity surged — Report
An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?
Ohio to consider accepting crypto for tax payments and fees
They tried once in 2018, but the State Board of Deposits "failed" to show any enthusiasm.
4 times key players in crypto were accused of insider trading
There have been some high-profile instances of insider trading at major exchanges that show a larger issue underneath.
Hive Digital expands focus from crypto mining to AI data centers
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin.
Debunking the 'Binance manipulator' theory: 3 reasons why the allegation falls short
Conspiracy theories about market manipulation run rampant in crypto social media, but the accusations of a “Binance manipulator” are pretty easy to debunk.
Coinbase to add proof of reserves to Bitcoin wrapper cbBTC
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency.
Kasikornbank launches first licensed Thai digital asset custodian
The new custody service will be just the latest in the bank's new digital asset and AI activities.
Bitcoin price falls as global recession and AI bubble fears send investors scrambling
Bitcoin's price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble.
FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
EigenLayer’s EIGEN token unlock looms, futures tip a $6.8B FDV
EigenLayer’s EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after.
Jameson Lopp: Most don’t realize how easy self-custody has become
Cypherpunk Jameson Lopp is making sure there are viable custody solutions that prioritize the user.
Solana’s SOL/BTC pair flashes bullish — Are new highs in store?
Solana’s coiling price against Bitcoin suggests it could be ready for a breakout soon.
Bitcoin exchange flow multiple nears yearly low, signs of ‘upward trend’
The Bitcoin exchange flow multiple value is now at a similar low point as when BTC’s price rallied around 46% in 2023.
UK crypto ATM operator pleads guilty to fraud, money laundering charges
Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges.
Bitcoin investment product inflows topped $1B as BTC rallied to $66K — CoinShares report
Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.
Scammers use memecoin ‘trending’ list to lure victims — Researcher
Roffet.eth found that some coins contained obscure, difficult-to-read code that allowed the developer to transfer user’s tokens to themselves.
Elon Musk’s X ban dispute with Brazil takes toll on local crypto community
Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.