[Nov 5, 2023 5:30 AM] According to the United States Office of Foreign Assets Control (OFAC), Russian national Ekaterina Zhdanova has been sanctioned as punishment for using virtual currency to launder money for designated Russian elites. OFAC said Zhdanova’s properties…
[Nov 5, 2023 3:30 AM] This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each…
[Nov 5, 2023 1:30 AM] Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16%…
[Nov 4, 2023 10:30 PM] Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that…
[Nov 4, 2023 8:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think…
[Nov 4, 2023 6:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has broken down Rich Dad’s lesson number one. Explaining in simple terms why the rich become richer, the renowned author said: “They understand the importance of preserving tangible assets…
[Nov 4, 2023 4:30 PM] Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms…
[Nov 4, 2023 2:30 PM] Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local…
[Nov 4, 2023 10:30 AM] A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and…
[Nov 4, 2023 6:30 AM] National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski’s occupancy of…
[Nov 4, 2023 3:30 AM] The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it tapped an all-time low at…
[Nov 4, 2023 12:30 AM] The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the…
[Nov 3, 2023 10:30 PM] 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…
[Nov 3, 2023 8:30 PM] 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…
[Nov 3, 2023 8:00 PM] 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…
[Nov 3, 2023 6:30 PM] 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…
[Nov 3, 2023 4:30 PM] 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…
[Nov 3, 2023 4:00 PM] 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…
[Nov 3, 2023 12:00 PM] 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…
[Nov 3, 2023 9:30 AM] In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent…
[Nov 3, 2023 7:15 AM] Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading…
[Nov 3, 2023 4:00 AM] On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas…
[Nov 3, 2023 2:00 AM] Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on…
[Nov 2, 2023 10:00 PM] PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are…
[Nov 2, 2023 8:00 PM] Polygon (MATIC), a Layer 2 (L2) blockchain network, experienced remarkable growth in the third quarter of 2023. According to a report by Messari, the platform witnessed a significant increase in non-fungible token (NFT) sales, successful network…
[Nov 2, 2023 8:00 PM] The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day…
[Nov 2, 2023 6:24 PM] Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening…
[Nov 2, 2023 4:00 PM] An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI)…
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