Ripple's chief financial officer steps down amid SEC lawsuit
The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws.
Posts published on October 9, 2023 go to media archive 2/3
Digital Asset Recap Q3 2023: Bitcoin and Ether Outperform Wider Market Amid Regulatory Pressure and the Promise of ETFs
The CoinDesk Market Index fell 11% overall as we saw increased bifurcation between established majors (Bitcoin and Ether) and all other digital asset protocols and projects, writes Todd Groth, head of research at CoinDesk Indices.
Chinese government-owned newspaper to launch NFT platform
China Daily stated that digital collectibles sold on its platform may be bridged to the likes of Opensea and LooksRare.
Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC
Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a…
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik
The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.
Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil
Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.
$29,700 Could Be The Next Big Level To Claim For Bitcoin, Here’s Why
On-chain data shows the true market mean price of Bitcoin is valued at $29,700 right now, making the level of particular significance for the coin. Bitcoin True Market Mean Price Is At $29,700 Currently In a new post on X, the lead on-chain analyst…
What is going on with Sam Bankman-Fried’s defense?
Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense.
Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund
The organization will host a multi-signature wallet to collect donations in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.
Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
The charity campaign aims to raise funds for humanitarian aid to help Israelis affected by the recent conflict.
Crypto Should Ghost the SBF Trial
It’s a distraction for the industry when the focus should be on passing enabling legislation, says Katherine Snow, head of legal at Messari.
CYNDICATE: Open up Your Potential With Ultimate Lifestyle and Blockchain Fusion
PRESS RELEASE. Connecting dreams and empowering success, CYNDICATE is here to build a solid ecosystem aimed at personal development. Warm-Up In the realm of high achievers, success is not a solo journey. It is a symphony, where the harmonious blend…
TWT Token Registers 20% Gains As Crypto Market Slumps, What’s Next?
Trust Wallet Token (TWT) seems untouched by the crypto market decline, holding a nearly 20% seven-day gain while top coins recede. After finding support at $0.79, it rallied above the $0.94 resistance, flipping it to a new support level today. The…
Tensions in Israel Reverberate Globally — US Equities, Cryptos Falter Amid Mideast Conflict; Oil and Metals Capitalize
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar…
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
The firm cited difficulty in achieving “net positive cash flow” in making the decision.
Shiba Inu-Based BONE Gearing Up For Massive Rally, Here’s Why
The Shiba Inu ecosystem has witnessed a recent surge in BONE Shibaswap investors, as witnessed a recent surge in BONE Shibaswap investors, as some of Shiba Inu’s biggest whales are loading up their bags. According to data from IntoTheBlock…
Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto
Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.
Italy’s Cipollone Defends Digital Euro as He Seeks ECB Role
Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down in November
Bitcoin Trader Shares The “Only Chart” You Need To Profit From BTC In 2024
The Bitcoin price has been retracing over today’s trading session after reclaiming some lost ground. The selling pressure could push BTC back to critical support levels unless buyers can stop the current price action. As of this writing, Bitcoin…
How Bitcoin Mining Monetizes Grid Resilience, A National Defense Matter
Winter is coming, and with that means a shifting of demands for power and a reshuffling of power generation capacity. During the coldest months of the year the northern hemisphere receives less direct sunlight and shorter daylight hours, making…
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a…
Bitcoin Makes Another Attempt At $28,000, Can Break Happen?
Bitcoin is currently trying to have another go at the $28,000 level. Here’s what on-chain data says regarding whether a retest can be successful. Bitcoin On-Chain Signals Are Not All Positive Right Now In a new post on X, the on-chain…
Automated Bitcoin Inscription Service OrdinalsBot Raises $1 Million
In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the…
Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week
In the second week of his fraud trial Sam Bankman-Fried will face testimonies against him from witnesses including former partner and CEO of Alameda Research, Caroline Ellision.
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239…
Time For Self-Custody? Crypto Exchange Reveals Hackers Tried To Gain Access 159,000 Times
Reports from South Korea-based Yonhap News Agency have revealed that Upbit, one of the largest crypto exchanges in South Korea experienced over 159,000 hacking attempts in the first half of 2023 alone. Upbit’s Hacking Attempts According to…
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as…
First Mover Americas: Crypto Funds See Largest Inflows Since July
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.