Posts published on August 18, 2023 go to media archive 2/3
Binance considers legal action against Checkout.com as partnership ends
Binance Connect was shut down on Aug. 16 after Checkout.com discontinued supporting the crypto exchange.
Shibarium Launch Saga: Block Production Resumes Despite Stuck ETH
The Shibarium didn’t get off to a flying start following its launch on August 16. However, the network aims to move past these incidents as block production resumes. Developers Restarts Network Data from Shibariumscan.io shows that the layer-2…
BTC price nears $26K amid warning Bitcoin sell pressure can ‘double’
BTC price weakness continues into Wall Street trading, and Bitcoin has yet to rival seller capitulation from earlier this year.
Valkyrie Taps Into Ethereum Momentum With New ETF Filing
In a filing dated August 4, Valkyrie applied to add an Ethereum futures ETF to its Bitcoin Strategy ETF (BTF). However, it would seem this move was pushed back by the SEC as the asset manager has now filed a separate application to offer an Ether…
Report: SEC on Cusp of Approving Ethereum Futures Amidst Crypto Market Rollercoaster
The U.S. Securities and Exchange Commission (SEC) is said to be on the verge of greenlighting futures products tied to ethereum (ETH), as per a Bloomberg report. One insider privy to the development indicated that a handful could secure approval…
AI is helping expand accessibility for people with disabilities
A holistic approach to empowering lives: how AI redefines the accessibility landscape for people with disabilities.
Bitget and crypto influencer embroiled in legal saga after ReelStar token listing fiasco
Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens.
Bitcoin, Ethereum Technical Analysis: BTC Plummets Below $26,000 on Reports Elon Musk’s Spacex Liquidated Bitcoin Holdings
Bears ran through crypto markets on Friday, following reports that Elon Musk’s Spacex had sold all of its bitcoin holdings. It has been suggested that Spacex liquidated over $370 million worth of the cryptocurrency last year. Ethereum…
SpaceX Bold Move: Why Did They Sell $373 Million In Bitcoin Holdings?
SpaceX, the aerospace company founded by tech mogul Elon Musk, reportedly took a significant step in reshaping its financial portfolio by recording a write-down of $373 million on its Bitcoin holdings in the past two years. According to a report…
BNB hacker loses over $53M after getting liquidated in market crash
A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220.
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated.
Securitize acquires $40B crypto fund manager Onramp
Digital securities firm Securitize will provide new alternative assets to major cryptocurrency fund managers like WisdomTree and Valkyrie Invest.
Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout
Bitcoin, the largest cryptocurrency in the world, has plummeted substantially in the past 24 hours, leading to a ripple effect among other cryptocurrencies. On August 18, the price of BTC suddenly dumped 8% in a matter of minutes, as tension from…
What is Chapter 11 bankruptcy? Understand the basics
Understand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy.
First Mover Americas: Bitcoin Tumbles Below $26.5K
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Discovering Freedom: A Ride Of Passage With Bitcoiners
This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture.I want to tell you about a personal transformation that I underwent last year while I crossed the U.S., visiting over 30 Bitcoin meetups around the…
North Korean hackers have stolen $2B of crypto since 2018: Report
TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone.
Ether whale dumps $41M days before the market crashed
A crypto trader holding 22,341 ETH sold the assets days before the market crash, avoiding a potential loss of over $5 million.
Crypto Lender Exactly Hit by $12M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.
Kenyan Residents Asked to Participate in a ‘Public Survey on Virtual Assets’
Kenya residents who wish to shape their country’s policy towards the crypto ecosystem can now do so by participating in a public survey on virtual assets and virtual assets service providers, the Financial Reporting Centre (FRC) has said. The…
Bitcoin Liquidations Top $500 Million Amid $1 Billion Crypto Decimation
Bitcoin liquidations have been ramping up over the last day following the market crash that rocked the crypto space on Thursday. The result of this is a liquidation event, the likes of which have not been seen since the FTX collapse back in 2022…
What is Feedzai, and how is it used to detect financial fraud?
Feedzai is an advanced, AI-powered risk operations platform that helps detect fraud at an institutional level.
SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk
Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company's holdings remain unknown.
Shiba Inu Price Shows Resilience As Shibarium Reboots: SHIB Price Targets
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision…
Single Trader Lost $55M on Ether Long Yesterday
That was nearly 30% of all liquidated futures on Binance, the data shows.