No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry
Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar.
Posts published on November 13, 2023 go to media archive 3/4
The Tax Implications of Sam Bankman-Fried’s Conviction
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear.
Crypto news site The Block shakes off SBF ties with Foresight Ventures deal
The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX.
Chainlink Forms Sell Signal, Analyst Predicts Pullback To This Level
An analyst has pointed out how Chainlink is forming a TD Sequential sell signal right now, which could lead to a retracement to this level. Chainlink Could Decline To $12.50 Following The Sell Signal As explained by analyst Ali in a new post on X…
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million.
Ethereum Technical Analysis: ETH’s Bullish Streak Meets Oscillator Caution
IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
The U.S. Internal Revenue Service (IRS) is gathering the final words now from a crypto sector that is arguing the agency's proposal for a digital-assets taxation regime is an existential threat to investor privacy and to decentralized crypto…
First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer
A hacker seemingly stole $27 million worth of tether [USDT] from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.
U.S. FSC to discuss illicit activity in crypto at upcoming hearing
Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing.
GROK Token, Inspired by Elon Musk’s Grok AI, Hits $160M Capitalization in Latest Frenzy
Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise.
Renowned Economist Warns Of Bitcoin Crash Before Spot ETF Approvals
The entire crypto industry is waiting for the approval of Spot Bitcoin ETFs in the US to upend the market and herald the next extended bullish run for BTX. However, Chief Economist Peter Schiff is of another thought and is of the idea that a BTC…
How to bear the bear market: Web3 tips
This is the moment to stay true to your vision and remember why you began in the first place.
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which…
Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL
Grayscale's Solana Trust (GSOL) is trading at $202 a share following a 653% rise since the start of September. The Trust's underlying asset, SOL, has trebled to $58 in the same period.
Spanish regulator signals potential X probe on crypto ads
The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.
XRP Will Diverge Away From Price Speculation: Crypto Pundit
Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.
SAG-AFTRA strike ends as AI deal reached, Hollywood still torn
The 118-day Hollywood actors’ union strike came to an end with an agreement on AI usage, though not everyone in the industry sees it as the right move.
Cathie Wood's ARK Sold $6M of Grayscale Bitcoin Trust Shares Amid Rally
ARK offloaded 201,047 GBTC shares, worth around $5.9 million, from its Next Generation Internet ETF.
Spanish Securities Regulator Hints at Probing X for Hosting Crypto Ads For Unlicensed Organizations
The Spanish securities regulator has recently hinted at investigating and sanctioning X (formerly known as Twitter) for allowing unlicensed providers to post crypto ads. According to Spanish law, social networks and other service providers must…
Avalanche (AVAX) Rumbles With 45% Rally, Rules Top 20 Coin Listing Today
Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector…
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC.
Bitget drops plans to seek crypto license in Hong Kong
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
Chinese hackers use fake Skype app to target crypto users in new phishing scam
Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.
Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’
Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai.
Stablecoin firm Tether minted 4B USDT in 4 weeks: Data
Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023.
What is Gresham’s law, and how does it relate to cryptocurrencies?
Gresham’s law suggests “bad money drives out good,” making people hoard cryptocurrencies using traditional currencies for daily transactions.
Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.
Bitcoin Price Hard Crash Or Mega Pump: Why $31,000 Holds The Key
The Bitcoin price has been trading in a tight range around the $37,000 price level through the weekend. This tight trading suggests that there is a lot of fighting going on right now between the bulls and the bears as each camp tries to gain an…