Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme
Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme.
Posts published on September 19, 2023 go to media archive 1/4
Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches in 2022.
Lawyer Who Laundered Onecoin Money Denied New Trial
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly…
Stanford University Will Return 'Gifts' Donated by FTX: Report
Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report.
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, which is accelerating even faster than projected.
Dogecoin Price (DOGE) Prediction – Bulls Face Uphill Task Near $0.064
Dogecoin is recovering higher from the $0.060 level against the US Dollar. DOGE could continue to rise if it clears the $0.0640 resistance zone. DOGE started a decent increase above the $0.0615 resistance against the US dollar. The price is trading…
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash…
Ethereum Price Lacks Momentum Above $1,660, ETH Holders Are Safe: Here’s Why
Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to start another increase. Ethereum struggled to clear the $1,660 resistance. The price is trading above $1,635 and the…
Grayscale CEO Highlights US Opportunity To Lead Crypto Space Through Regulation
The chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate the cryptocurrency space by shaping effective regulations. In a recent interview with Yahoo…
Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally
Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500. Bitcoin is showing positive signs and facing hurdles near $27,500. The price is trading above $26,850…
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident…
Wyckoff Support Holds Strong: Bitcoin Bulls Eyeing $31,000 In Near-Term Rally
Bitcoin (BTC), the dominant cryptocurrency, is experiencing a resurgence as recent developments in technical indicators and on-chain fundamentals instill renewed optimism among investors. Capriole Invest, a prominent investment firm, has unveiled…
Economist Peter Schiff Warns of ‘Tragic Ending’ and US Dollar Collapse — Says ‘Day of Reckoning Is at Hand’
DeFi protocol Balancer frontend is under attack, $238K crypto stolen
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.
Stand With Crypto campaign to focus on four swing states: Coinbase
A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase.
Hodlnaut Refuses OPNX’s $30 Million Offer After FLEX Token Declines By 90%
According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows…
Philippines SEC teams up with US counterpart to combat crypto fraud
The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime.
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the…
This New Development Could Stop The Optimism (OP) Price Dead In Its Tracks
Optimism (OP) looks to be on a good recovery path so far in the month of September. This is thanks to the increasing positive user sentiment around the Ethereum Layer 2 network. However, the most recent development on the network could pose a…
How Bitcoin miners can survive a hostile market — and the 2024 halving
Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash…
Stellar To Release Protocol 20 Testnet Upgrade, Will XLM Rally?
On September 20, Stellar, a blockchain platform designed to facilitate fast and low-cost cross-border transactions using its native currency, XLM, will release the testnet upgrade of Protocol 20. With this launch, the protocol prepares for the…
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
The company filed for bankruptcy in August.
Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
Bitcoin Sees Sudden Boost Amid Mt. Gox Rumors, But QCP Capital Targets $22,000
The cryptocurrency market, notably dominated by Bitcoin, has always been a terrain of speculation and market sentiment. Rumors and speculations have surfaced with Bitcoin’s recent slight uptick in value. Market insiders point towards the…
Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision
The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.
Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover
According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX…
Bitcoin Ordinals Creator Proposes Overhaul of Inscription Numbering
Casey Rodarmor, the chief coder behind the Bitcoin Ordinals protocol, announced Tuesday that he is proposing a significant change to the software, one that could be viewed with skepticism by its budding user base.Revealed in a post on X…
PayPal’s PYUSD Report Provides Valuable Insight Into The Stablecoin’s Performance So Far
A new report has shown that the adoption of PayPal’s PYUSD stablecoin has seen less than favorable adoption rates since its inception. The crypto community remains skeptical about employing the new stablecoin for daily crypto payments and has opted…
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.