Binance.US Halts Direct Dollar Withdrawals
[Oct 17, 2023 6:14 AM] Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
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First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
[Oct 17, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
[Oct 17, 2023 5:05 AM] The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.
Banks Must Disclose Crypto Exposures, Global Regulator Says
[Oct 17, 2023 4:42 AM] The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes
[Oct 17, 2023 4:00 AM] The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities
Mash, TFTC Launch New Publishing Products Powered By Bitcoin
[Oct 17, 2023 4:00 AM] Announced today, Mash and TFTC revealed they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network. This partnership also marks the relaunch…
Sega Exec Shuji Utsumi: ‘Blockchain Gaming Is Still an Unknown World for Us’
[Oct 17, 2023 3:30 AM] In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games…
Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
[Oct 17, 2023 3:13 AM] The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.
Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT
[Oct 17, 2023 2:11 AM] Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter.
Lido Finance Sunsets Solana Staking Product After DAO Vote
[Oct 17, 2023 1:59 AM] The staking service for SOL tokens will be discontinued over the coming months, developers said.
Jim Rickards Blasts US Congress Confiscation Initiatives: ‘The Drive to Create New Currencies Will Go Into Overdrive’
[Oct 17, 2023 1:30 AM] Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if…
Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021
[Oct 17, 2023 1:19 AM] The ascent in bitcoin's dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.
FTX Plans to Return 90% of Customer Funds, But There's a Catch
[Oct 17, 2023 12:32 AM] An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
[Oct 16, 2023 11:34 PM] Several traders experienced 'slippage' as liquidity declined across major exchanges.
Bankman-Fried Lawyers Claim He’s Not Getting Enough Adderall
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
[Oct 16, 2023 5:03 PM] Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
[Oct 16, 2023 4:30 PM] Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points…
Protocol Village: ARPA Network's Random Number Generator 'Randcast' Live on Optimism
[Oct 16, 2023 1:46 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
[Oct 16, 2023 1:30 PM] The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts
[Oct 16, 2023 1:30 PM] On Monday, Tether, the leading stablecoin issuer, revealed it had frozen 32 addresses allegedly linked to activities involving war, terrorism, and crime. These USDT accounts are said to have ties to suspicious operations in Israel and Ukraine. The…
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
[Oct 16, 2023 11:30 AM] In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of…
Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
[Oct 16, 2023 10:30 AM] The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Loss?
[Oct 16, 2023 10:11 AM] One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle.
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
[Oct 16, 2023 10:00 AM] The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
[Oct 16, 2023 9:20 AM] The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.
Coinbase Ventures, Haun Ventures Raise Crypto Political Capital With University of Arkansas Tech Sprint
[Oct 16, 2023 9:00 AM]
Bitcoin Surges on Fake Blackrock ETF Approval News: Misinformation Ripples Through Crypto Markets
[Oct 16, 2023 8:36 AM] On a bustling Monday, the cryptocurrency-focused news platform Cointelegraph broadcasted that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF). The…
Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
[Oct 16, 2023 8:32 AM] Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.
Bitcoin Jumps to $30K, Then Dumps, as False Spot ETF Approval Report Circulates
[Oct 16, 2023 7:57 AM] More than $80 million in derivatives positions have been liquidated in the past hour as bitcoin (BTC) surged from $27,900 to $30,000 following an unverified about a spot ETF approval.
Tether Freezes 32 Crypto Addresses Linked to Terrorism, Warfare in Israel and Ukraine
[Oct 16, 2023 6:50 AM] Stablecoin issuer Tether has frozen 32 cryptocurrency addresses linked to terrorism and warfare in Israel and Ukraine, according to a press release.