272 / 341 Relevant items tagged with #crypto
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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…
Bitcoin Bloodbath: Fake Spot ETF Approval Sparks BTC Surge, Obliterates $78M Shorts At $30,000
[Oct 16, 2023 2:00 PM] In a flurry of market activity, false news surrounding the approval of a Bitcoin (BTC) Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) sent shockwaves through the cryptocurrency community. False Rumors of BTC…
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…
Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows
[Oct 16, 2023 12:00 PM] Despite an array of uncertainties that have dotted the crypto horizon, recent data from Coinshares reveals a continuous faith in the sector, especially the foremost crypto giant, Bitcoin. Digital asset investment products have seen a steady and…
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…
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
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.
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…
Bitcoin Price Surges 7% In 10 Minutes On Fake iShares ETF News
[Oct 16, 2023 8:08 AM] Bitcoin price just made one of its most volatile moves in some time on the back of what has amounted to be fake news regarding the approval of the BlackRock iShares spot BTC ETF. Within seconds of a fake X post, BTCUSD surged by over 7% in ten…
Crypto Shorts See Carnage As Bitcoin Surges Towards $28,000
[Oct 16, 2023 8:00 AM] Data shows the crypto futures market has observed large liquidations in the past day as Bitcoin has recorded a sharp surge towards $28,000. Crypto Futures Observed $78 Million In Liquidations In Last 24 Hours A crypto futures contract is said to be…
Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise
[Oct 16, 2023 7:17 AM] Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust…
Russian Crypto Exchange Moves Money for Gaza Groups, Report
[Oct 16, 2023 5:30 AM] Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash…
California 'BitLicense' Bill Signed by Gov. Newsom
[Oct 16, 2023 4:36 AM] The Digital Financial Assets Law will take effect on July 1, 2025.
Banking Scams Overtake Crypto Frauds in Ireland
[Oct 16, 2023 2:30 AM] Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes…
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
[Oct 15, 2023 11:20 PM] Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024.
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
[Oct 15, 2023 8:30 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends…
The 12-Year Evolution of Litecoin and Its Most Influential Wallets
[Oct 15, 2023 4:30 PM] This month Bitcoin.com News delved into the top ten XRP wallets, having scrutinized the leading bitcoin, ethereum, and tether addresses the month prior. Next on the radar? An exploration of the top ten litecoin (LTC) wallets, standing out from 7.14…
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
[Oct 15, 2023 2:30 PM] Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that…
New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried
[Oct 15, 2023 10:00 AM] According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26…
How Ripple’s Rumored Token Burn Could Affect The XRP Price
[Oct 15, 2023 8:03 AM] XRP has struggled to regain bullish price momentum this month, with the crypto going on six days of red candle close last week. The XRP community appears to be feeling the effects of this lack of momentum, as speculations have begun to circulate…
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
[Oct 15, 2023 7:30 AM] Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB)…
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
[Oct 15, 2023 5:30 AM] Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital…
UAE Government Unveils White Paper Focused on Metaverse Regulation
Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars
[Oct 15, 2023 1:30 AM] Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people…
With Bitcoin’s Fourth Halving Under 200 Days Out, What’s at Stake for Miners?
[Oct 14, 2023 11:30 PM] With fewer than 200 days to go, anticipation mounts for the halving, a four-year event that halves the supply rate. Bitcoin’s fourth halving is projected to take place on or around April 24, 2024. This comprehensive guide will help you…
G20 Calls for ‘Swift and Coordinated Implementation’ of IMF Crypto Roadmap
[Oct 14, 2023 9:30 PM] The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated implementation of the…
Ripple’s Legal Chief Calls for ‘Rational’ Crypto Regulation — Urges US to Stop Elevating Politics Over Sound Policy
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
[Oct 14, 2023 9:30 AM] Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value…