189 / 239 Relevant items tagged with #Cryptocurrency
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Optimism (OP) Climbs 6% A Day As Crypto Market Rebounds, What’s Next?
[Oct 2, 2023 8:00 AM] Optimism (OP) has posted notable gains today, October 2, trading at $1.45, with a 5% increase in the last 24 hours. Furthermore, its price has gained 15% in the last seven days. OP’s rise coincides with the improvement in the general crypto…
FTX Heist: Hacker Shifts $51M in Ethereum as Former CEO Preps for Trial
[Oct 2, 2023 8:00 AM] After the FTX hacker transferred 5,000 ethereum (ETH) valued at $8 million in purloined assets, the cybercriminal shifted an additional 25,000 ether, totaling $43.15 million. Yet, even after relocating tens of millions of dollars in ethereum, the…
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $28,000 to Start ‘Uptober’
Latam Insights: Brazil Launches Nationwide Blockchain ID Program, Venezuelan Crypto Watchdog Extends Restructuring Period
[Oct 2, 2023 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its…
Bankman-Fried Trial to Feature Customer, Investor, and Co-Conspirator Testimony
[Oct 2, 2023 2:30 AM] In a letter to the judge published Saturday, prosecutors laid out plans to call customers, investors, and co-conspirators to testify in next week’s trial of Sam Bankman-Fried. The former CEO of cryptocurrency exchange FTX faces charges of…
Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus
[Oct 2, 2023 12:00 AM] Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year…
SEC Charges FTX Auditor for Helping Clients Violate Securities Laws
[Oct 1, 2023 9:30 PM] The U.S. Securities and Exchange Commission (SEC) announced charges against an accounting firm that worked for failed cryptocurrency exchange FTX. The company, Prager Metis, has been accused of facilitating clients in breaking federal securities…
The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot
[Oct 1, 2023 7:00 PM] As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they…
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
[Oct 1, 2023 4:30 PM] On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be…
Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’
[Oct 1, 2023 2:30 PM] Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a…
Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low
[Oct 1, 2023 12:30 PM] Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt of these redemptions: FRAX…
NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices
[Oct 1, 2023 10:30 AM] Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been…
Bitcoin Ordinal Inscriptions Cool Down After Historic Peak
[Oct 1, 2023 8:30 AM] Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A…
Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review
Report: Hacked Nigerian Crypto Exchange Raises Capital for User Reimbursements
[Oct 1, 2023 2:00 AM] The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing their legal options…
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
[Sep 30, 2023 10:00 PM] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto…
Former US President Donald Trump May Change Crypto Stance Dramatically, Says Ex-SEC Official
‘I Won’t Tell if You Don’t’ — SEC Unearths Alleged Scheme by Do Kwon to Fabricate Terra Transactions
[Sep 30, 2023 4:00 PM] In the wake of the U.S. Securities and Exchange Commission’s (SEC) call to depose Terraform Labs creator and former CEO Do Kwon, the SEC unveiled an alleged exchange between him and his former associate Daniel Shin. The ex-Terra boss…
Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog
[Sep 30, 2023 2:00 PM] Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on September 6, 2023. Currently, the number of unconfirmed transactions has dropped to just over 153,000 pending…
Darknet Marketplace Tor2door Vanishes, Allegedly Swindling a ‘Massive Crypto Escrow Balance’
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
Biggest Movers: LINK Races to 2-Month High, SOL Extends Gains
[Sep 30, 2023 8:01 AM] Chainlink rose for a fourth straight day to start the weekend, as the price surged by as much as 7% in today’s session. The move pushed the token to a two-month high, breaking out of a key resistance level in the process. Solana extended recent…
Bitcoin, Ethereum Technical Analysis: Profit Takers Swoop in to Send BTC, ETH Lower
[Sep 30, 2023 5:45 AM] Bitcoin consolidated to start the weekend, as traders moved to secure gains following recent highs in the market. The global market cap was largely unchanged on Saturday, trading 0.06% lower at the time of writing. Ethereum also declined, after a…
Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin
[Sep 30, 2023 4:30 AM] Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already…
Israel Land Authority Examines Real Estate Tokenization Applications
[Sep 30, 2023 3:00 AM] The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional…
Buenos Aires to Bring Blockchain-Based Digital ID to Millions of Citizens
[Sep 30, 2023 12:00 AM] The city of Buenos Aires has announced that it will roll out a blockchain-based, privacy-focused digital ID wallet starting in October. The Quarkid project, previously known as Tangoid, will allow its users to download a…
Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week
[Sep 29, 2023 10:00 PM] A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an…
SEC Delays Decisions on More Bitcoin ETFs Including That of Blackrock
[Sep 29, 2023 8:00 PM] U.S. Securities and Exchange Commission (SEC) has postponed its decisions on the spot bitcoin exchange-traded funds (ETFs) proposed by several companies. The delays of the applications of financial powerhouse Blackrock, asset manager Valkyrie and…
Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Says Analyst
[Sep 29, 2023 4:00 PM] Numerous reports foretell an imminent U.S. government shutdown, given the anticipated failure of a spending bill to secure passage by Saturday evening — a measure meant to sustain operations till mid-November. On the cusp of this shutdown…