Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April
Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.
HSBC Launches Tokenization Platform for Gold Markets
HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated…
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next…
US Treasury Cracks Down: Sanctions Crypto Money Launderer Tied To Russian Elite
In a significant move to combat sanctions evasion and illicit financial activities, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Ekaterina Zhdanova, a Russian national allegedly involved…
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings…
Is Fantom (FTM) About To Explode Like Solana (SOL)? This Analyst Thinks So
FTM, the native currency of the Fantom ecosystem, might be the next coin to follow and perhaps outperform Solana (SOL). This optimistic preview is by one technical analyst, “Magnate,” who, in an X post on October 3, said traders who…
ETH Sent To Exchanges Climbs Above 500,000, Is Ethereum At $2,000 Still Possible?
A massive amount of ETH has made its way to centralized exchanges, increasing the Ethereum balances of these exchanges. Given the implications of exchange inflows, it could be a barrier to the cryptocurrency when it comes to claiming the $2,000…
Rosfinmonitoring: Crypto Popularity Soars in Russia, 185K Transactions Registered in 2023
Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed during the first nine months of…
Crypto Trader Avi Eisenberg's $110M Fraud Trial Delayed Until April 2024
Crypto trader Avi Eisenberg's trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December.
US Authorities Confiscate $54 Million In Ethereum From Convicted Drug Dealer
In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey. Massive Crypto…
Cardano’s Whale Watch: ADA Market Cap Jumps Over 10% Amid On-Chain Frenzy
Cardano (ADA) has recently experienced a notable surge in market capitalization. Blockchain analytics firm Santiment reported a 9% increase in ADA’s market cap over the past day, which adds to a more than 20% rise over the last two weeks…
Bitcoin Magazine Clashes With Federal Reserve Over Satirical ‘Fednow’ Merchandise
According to Bitcoin Magazine, a media outlet dedicated to bitcoin news launched in 2012, representatives, including legal counsel, from the U.S. Federal Reserve have expressed concerns regarding the publication’s satirical Fednow…
Will Cardano Replicate Solana’s Surge? Analyst Reveals Similarities For 80% Rise
Cardano (ADA) has returned to the radar of crypto investors after an interesting run brought its price up above $0.3. This price level has been elusive for a while but eventually, the bulls have gotten a hold of it. As the market faces an impending…
FTX advisers sharing customers’ data with FBI: Report
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades.
Multichain inside job? And SOL surges 80% in a month: Finance Redefined
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits.
Cardano Summit 2023: A Chat With SingulariyNET, Staking Announcement
In the financial center of Dubai, the Cardano Summit 2023 will gather some of the most prominent projects in the crypto space. During the three-day event, speakers, founders, and the community will voice views on the growing sector and the future…
$113 Million In Longs Get Rekt As Bitcoin Plunges Back To $34,000
Data shows the cryptocurrency longs have taken a beating today because of the plunge towards $34,000 that Bitcoin has observed. Cryptocurrency Futures Market Has Seen Liquidations Totaling $137 Million Today According to data from CoinGlass, a…
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs).
This Chainlink Metric Just Hit Meteoric Levels – Good News For LINK Price?
Chainlink (LINK) appears to be riding the current market momentum as the cryptocurrency industry experiences a widespread surge. The recent fluctuations have brought LINK along with other digital currencies into the spotlight, prompting investors…
Stablecoin Market Rises by Over $600M in October Despite Mixed Supply Dynamics
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw…
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