Reddit Crypto Community Removes Moderators Accused of MOON Insider Trading
[Oct 23, 2023 2:03 AM] The MOON token is here to stay, r/CryptoCurrency subreddit said.
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People’s Bank of China Governor Vows to Curb Crypto Speculation
[Oct 23, 2023 1:30 AM] The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial…
Does Block.one Eclipse Microstrategy in BTC Reserves? Deciphering the Bitcoin Treasury Lists
[Oct 22, 2023 11:30 PM] This weekend, bitcoin enthusiasts discussed the latest update to bitcointreasuries.net, which offers a new visual of the various companies, countries and funds with bitcoin on their balance sheets. The site indicates that Microstrategy owns 158,245…
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products
[Oct 22, 2023 9:30 PM] The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities…
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
[Oct 22, 2023 5:30 PM] Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of…
Skybridge Boss Scaramucci Predicts Bitcoin’s Value Could Multiply 11-fold With Blackrock’s ETF Approval
[Oct 22, 2023 3:30 PM] Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund, the value of bitcoin could surge significantly. Scaramucci also…
New Research Suggests Hal Finney Was Not Satoshi Nakamoto
[Oct 22, 2023 11:30 AM] In an extensive analysis, the American software engineer and columnist Jameson Lopp tackles the enduring mystery of Bitcoin’s creator, Satoshi Nakamoto. While many have speculated that computer scientist Hal Finney was behind the pseudonym…
Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September
[Oct 22, 2023 9:30 AM] Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number…
SEC ‘Surrender,’ Fear of Middle East Escalation, Meme Coin Market Update — Bitcoin.com News Week in Review
[Oct 22, 2023 7:30 AM] In big crypto and finance news this week, the SEC has dropped its lawsuit against top Ripple execs, Bridgewater founder Ray Dalio speculates on war in the context of strife in the Middle East, and a look at the meme coin market’s performance…
Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek
Report: Africa-Focused Crypto Trading App Shut Down — Co-Founder Says Only Nigerian Users Affected
[Oct 22, 2023 3:30 AM] The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected…
Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
[Oct 22, 2023 1:30 AM] FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told…
Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’
US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit
[Oct 21, 2023 1:30 PM] In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency…
NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn
[Oct 21, 2023 8:30 AM] Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in…
Biggest Movers: SOL Rallies Towards $30, Following 33% Surge in Price
[Oct 21, 2023 8:00 AM] Solana has undoubtedly been one of this week’s biggest gainers, with price rallying by as much as 33% in recent days. The move comes as the global crypto market cap remained mostly in the green to start the weekend. Chainlink was another big mover…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Lower as Traders Secure This Week’s Profits
[Oct 21, 2023 6:45 AM] Bitcoin traded around the $30,000 region to start the weekend, as markets remained optimistic that an ETF approval could be looming. This has been the topic of the week, with many speculating how high crypto markets could surge on such potential…
Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods
[Oct 21, 2023 4:30 AM] The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system…
Binance Resumes Euro Transfers Through New Fiat Partners
[Oct 21, 2023 1:30 AM] Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of…
Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub
[Oct 20, 2023 8:00 PM] U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under…
Coinbase Bullish: Bitcoin ETF Approval Expected After SEC’s Defeat
[Oct 20, 2023 7:00 PM] In a recent CNBC report, Coinbase, the largest cryptocurrency exchange in the United States, expressed confidence in the approval of a US-based Bitcoin (BTC) exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC). Paul Grewal…
FBI Busts Indian Citizen Group For $15 Million Crypto-To-Cash Money Laundering Scheme
[Oct 20, 2023 5:00 PM] In a recent crypto investigation, the US FBI successfully infiltrated a group of Indian citizens suspected of engaging in illicit activities involving the exchange of cryptocurrency for over $15 million in cash. The alleged transactions took place…
Binance to Sunset Visa Crypto Card as 2023 Sees Decline in Digital Debit Cards
[Oct 20, 2023 4:00 PM] Several reports have revealed that Binance, which is recognized as the leading crypto exchange by trading volume, intends to discontinue its Visa crypto card on December 20, 2023. The enterprise emphasized that only a “small number of Binance…
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
[Oct 20, 2023 2:00 PM] More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity…
Amid Rising Bitcoin ETF Hopes, Critics Warn of Vulnerability and Echoes of Precious Metal Manipulation
[Oct 20, 2023 12:00 PM] In recent months, the buzz around a potential bitcoin exchange-traded fund (ETF) has surged, echoing in its climbing price. But the enthusiasm isn’t universal. Some fear a spot bitcoin ETF could make BTC vulnerable, much like the gold and…
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
[Oct 20, 2023 8:30 AM] The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist…
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000 as ETF Hopes Intensify
[Oct 20, 2023 7:30 AM] Bitcoin rallied to a three-month high on Friday, as market optimism grew that the Securities and Exchange Commission (SEC) could soon approve several spot bitcoin ETFs. As reported yesterday, SEC Chair Gary Gensler stated that the regulator is…
Coinbase: ‘Overwhelming Majority’ of Terror-Related Funding Still Funneled via Traditional Financial Systems
[Oct 20, 2023 5:30 AM] According to Coinbase, an overwhelming majority of terror-related funding is still done via traditional financial systems. The crypto exchange suggested that terrorist organizations that do receive crypto funding normally use “offshore…