Bitcoin Hovers Above $27,000 as U.S. Stocks Advance
[Oct 10, 2023 2:43 PM] Meanwhile, bitcoin's dominance continues to climb
247 / 425 Relevant items tagged with #News
Posts: 12,744
Posts
Bitcoin Stands Apart in the Crypto Economy, Fidelity Digital Assets Report Says
[Oct 10, 2023 2:00 PM] A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios. Fidelity Digital Assets Highlights Distinctive…
BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation
[Oct 10, 2023 1:23 PM] Failed crypto hedge fund Three Arrows Capital’s (3AC) attempt to pursue a $284 million claim against crypto lender BlockFi was put into mediation by the U.S. bankruptcy judge overseeing BlockFi’s case.
Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted
[Oct 10, 2023 12:00 PM] Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary…
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
[Oct 10, 2023 10:50 AM] Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket…
Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud
[Oct 10, 2023 10:46 AM] Caroline Ellison, the former CEO of crypto hedge fund Alameda Research, is the government's star witness in its prosecution of alleged crypto fraudster Sam Bankman-Fried.
Billionaire Paul Tudor Jones Backs Bitcoin and Gold as Geopolitical Risks Rise
[Oct 10, 2023 10:06 AM] Jones said the U.S. in moving towards an “untenable fiscal position.”
Binance's U.K. Partner Can't Approve Crypto Ads, Regulator Says
[Oct 10, 2023 8:04 AM] The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner.
First Mover Americas: Bitcoin Dominance Continues to Climb
[Oct 10, 2023 6:35 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Grocery Chain Trader Joe’s Sues Unaffiliated Crypto Project That’s Using Its Name; JOE Token Sinks
[Oct 10, 2023 6:21 AM] Grocery chain Trader Joe’s alleged the Trader Joe exchange chose a similar name to benefit from the former’s popularity.
Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment
[Oct 10, 2023 4:29 AM] The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022.
Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report
[Oct 10, 2023 4:10 AM] Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.
China Debuts Digital Yuan Interconnection With Hong Kong Payment System During 19th Asian Games
[Oct 10, 2023 4:00 AM] The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system…
Bank of Canada Study: CBDC Can Help Overcome Inclusion Issues
[Oct 10, 2023 2:30 AM] A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial…
Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans
[Oct 10, 2023 1:36 AM] The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him.
Bitcoin, Ether Options Order Books Signal Calm Amid Mounting Risks
[Oct 10, 2023 1:33 AM] The bid-ask ratio in bitcoin and ether options markets leans below one, signaling a bias for volatility selling, one observer said.
Bankman-Fried's FTX Could Have Lost Over $1B Due to Lax Security Practices: Report
[Oct 10, 2023 1:26 AM] Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse.
Bitcoin Hovers Over $27.5K, Crypto Bulls Face $100M Liquidations as Altcoins Drop
[Oct 10, 2023 12:02 AM] The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday.
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
[Oct 9, 2023 10:30 PM] Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for…
Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
[Oct 9, 2023 4:07 PM] The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
[Oct 9, 2023 3:06 PM] The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
[Oct 9, 2023 2:30 PM] Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are…
Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC
[Oct 9, 2023 12:30 PM] Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a…
Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil
[Oct 9, 2023 12:29 PM] Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.
Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund
[Oct 9, 2023 11:30 AM] The organization will host a multi-signature wallet to collect donations in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.
Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence
[Oct 9, 2023 9:27 AM] The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.
Italy’s Cipollone Defends Digital Euro as He Seeks ECB Role
[Oct 9, 2023 9:24 AM] Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down in November
Automated Bitcoin Inscription Service OrdinalsBot Raises $1 Million
[Oct 9, 2023 7:50 AM] In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the…
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
[Oct 9, 2023 7:30 AM] Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239…
First Mover Americas: Crypto Funds See Largest Inflows Since July
[Oct 9, 2023 6:07 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.