mBridge CBDC project preparing for new members, launch of minimum viable product
The mBridge project, which includes central and commercial banks of China, Hong Kong, Thailand, and the UAE, is set to expand and be commercialized. The project aims to provide faster, cheaper, and more transparent cross-border payments using central bank digital currencies (CBDCs).
How Much Does the First Mover Advantage Matter for Crypto Staking?
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Dave Lemke, CFO & CCO at Giddy, a company that develops a self-custody crypto wallet with decentralized private key security, was interviewed by Stacy Elliott at Messari Mainnet 2023.
What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin
Bitcoin trading volumes on major exchanges have significantly declined, indicating a lack of interest from institutional and retail investors. This decline in activity could lead to Bitcoin trading sideways or facing downward pressure, with the next major support level at $25,000. However, some analysts believe the lower price could eventually attract investors and potentially lead to higher volumes again. Bitcoin is currently trading at $26,556.
Minecraft Server Will End Bitcoin Earnings After Mojang Demand: Report
Satlantis, a Minecraft server that rewarded users with Bitcoin, has announced that it will discontinue this feature due to new regulations by Mojang. The change in Mojang's rules now prohibits such reward systems.
SEC Again Delays Decision on Ark’s Bitcoin ETF Filing
The SEC made an early decision this week, despite not being obligated to do so until November 11.
We Asked ChatGPT How Soon Can Ripple (XRP) Reach $1?
The author is seeking information on whether XRP will reach $1 in the near future and wants to hear ChatGPT's perspective on the matter.
DeFi Hacks Usually Come Down to Poor Security: Halborn COO
David Schwed, COO of Halborn, emphasizes the presence of central control points in supposedly decentralized Web3 projects that are often overlooked. These chokepoints have the potential to undermine the true decentralization of these projects.
This Week on Crypto Twitter: 11,000 Venezuelan Soldiers Bring Down Jailhouse Bitcoin Mining Operation
A recent raid in Venezuela uncovered a significantly larger quantity of Bitcoin hardware compared to a previous raid in Santiago that targeted a suspected drug running operation. The scale of the operation in Venezuela was significantly larger.
South Korea’s UpBit Temporarily Freezes Withdrawals Following Scam Token Airdrop
South Korea's largest cryptocurrency exchange suspended deposits due to an unusually high number of scam token deposit attempts. They took action in order to protect their users from potential fraud.
Mixin Network suspends services after hack involving $200 million in funds
Mixin Network has announced the temporary suspension of its deposit and withdrawal services.
Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009
The attractiveness of bonds compared to bitcoin is reducing the motivation to invest in the cryptocurrency as it is seen as a risky asset with no yield.
Ethereum Staking Surges to 7.4M ETH and Counting
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These Are This Week’s Best and Worst Performers as BTC Stagnates at $26.5K (Weekend Watch)
There are three participants in the ring: RUNE on one side, and LINK and IMX on the other.
Hong Kong Financial Watchdog to Bring JPEX 'Wrong-Doers to Justice'
In response to the JPEX incident, Hong Kong's SFC has decided to strengthen regulations and has committed to disclosing all cryptocurrency firms seeking licenses. This move is aimed at increasing transparency and accountability in the crypto industry.
Which Cryptocurrency Will Reach $1 First: Ripple (XRP), Shiba Inu (SHIB), or Dogecoin (DOGE)?
The author is seeking ChatGPT's opinion on which cryptocurrency, between Dogecoin, Shiba Inu, and Ripple, has the highest probability of reaching a value of $1 first. They want to see what ChatGPT has to say about it.
MicroStrategy Purchased $150M of Bitcoin Since August
The company's books now show an asset worth over $4.68 billion.
Explosive 6-Week Growth Sees Base Hit New Milestone
Coinbase's layer 2 scaling solution, Base, has rapidly gained popularity since its launch, with its total value locked (TVL) reaching nearly $400 million. Base has surpassed Solana in TVL and has quickly become a leading layer-2 scaling network, attracting projects like Aerodrome and Friend.tech.
Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry
Options are a type of derivative that allow the buyer to purchase or sell the underlying asset at a predetermined price in the future. Traders pay close attention to quarterly options settlements.
Solana Friend.tech Fork Friendzy Volume Edges Towards $1M After Just One Week
A clone of Friend.tech has recently surfaced on Solana, and it has quickly gained popularity, accounting for almost half of the weekly trading volume of the original platform.
How to Stake: 7 Strategies When Starting Out
In staking on PoS networks like Ethereum, it is important to exercise caution and make wise choices. Jeff Wilser advises selecting promising projects, avoiding excessive risk, and prioritizing patience and stability over excitement.
Bitwise Pushes Back Against SEC Rationale for Rejecting Bitcoin Spot ETFs
Bitwise claimed that CME Bitcoin Futures play a significant role in determining Bitcoin's price, making them suitable for a surveillance sharing agreement.
Ripple Wants to Hire People Primarily in These Countries
Ripple has a significant number of job openings, with one-third of them being specifically for candidates in Canada.
Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors
A data firm predicts that bitcoin, despite being in a consolidation phase, is likely to see gains after the halving event in 2024, based on an analysis of previous cycles.
Bitcoin Price Grinds Lower And Seems Like Bears Are Not Done Yet
Bitcoin price is continuing to decline below the $26,500 support, putting it at risk of further losses below $26,000. If it fails to break above the $26,500 resistance, there could be a downward movement towards the next support levels at $26,000 and $25,400.
Staking Brings Decentralization Back to DeFi
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Indian Crypto Investment Platform Mudrex Expands to Italy
Mudrex CEO has announced that the company has completed the registration process with Italy's Organismo Agenti e Mediatori (OAM), which is a required step for cryptocurrency firms. The registration was completed on September 1st.
Mixin Network Faces $200 Million Loss in Attack, XIN Token Plummets 10%
The native token of the protocol experienced a significant drop, falling well below $200.
Bored Ape Yacht Club Teases BAPE Collab
Streetwear brand BAPE is apparently collaborating with the Bored Ape Yacht Club for a secret undertaking.
Crypto Exchange HTX Lost $8M of Ether Due to a Hack, Justin Sun Says
HTX, previously known as Huobi, experienced a hack resulting in a loss of 500 ether (ETH), equivalent to around $8 million. This information was confirmed by HTX advisor Justin Sun, who is also the founder of Tron.
Calcium Token Pumps 7,400% After Being Dumped By Shiba Inu Devs, Is WSM the Next Underdog Coin to Explode?
The CAL token has experienced an extraordinary 7,400% surge in value as traders, disappointed with Shiba Inu's unmet expectations, have transformed it into a legitimate venture. This has resulted in increased demand and propelled CAL's price, while a new meme coin called Wall Street Memes (WSM) has also entered the market.
Amanda Tuminelli is the Chief Legal Officer of the DeFi Education Fund, responsible for leading their impact litigation and policy initiatives. She recently spoke with Stacy Elliott of Decrypt during Messari Mainnet 2023.
Frontend Attack Targets DeFi Platform Balancer, Over $240,000 Hacked
Balancer Protocol, a decentralized finance platform, was hacked through a front-end attack, resulting in the loss of over $240,000. The exploit is under investigation, and users are advised not to interact with Balancer's frontend.
NFT Demise Rumors May Be Far-Fetched, CoinGecko’s Report Shows Interesting Insight
According to CoinGecko, NFTs created in 2021 remain highly in demand.
Lawyers Again Urge Release for Bankman-Fried Ahead of Trial Date
Bankman-Fried's lawyers have once again requested his temporary release, claiming that the complexity of the case warrants it, just a week before his trial.
Label Foundation Joins Hands with LG Electronics for 'Tracks' Music Streaming Service
The Label Foundation and LG Electronics have joined forces to introduce 'Tracks', a revolutionary Web3 music streaming platform. This partnership aims to provide users with an innovative and enhanced music streaming experience.
Terra Classic Community Votes to End Minting, Reminting of USTC Tokens
After the collapse of the original Terra Luna, approximately 59% of voters supported the recent move.
Crypto exchange UpBit temporarily suspends Aptos withdrawals due to scam token bug
The price of Aptos on South Korea's largest exchange experienced a sudden 35% spike before quickly crashing down after a bugfix was implemented.
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
As a congressional budget impasse may result in a shutdown of federal services, the crypto industry's business in Washington is reaching a critical point. Despite potential delays, experts believe that the sector's significant issues will still receive some attention, albeit not as quickly as hoped by crypto firms.
Will Shiba Budz (BUDZ) Dethrone Shiba Inu (SHIB) and Take off to the Moon
Shiba Budz (BUDZ) is a new cryptocurrency initiative that aims to capitalize on the growing popularity of meme tokens while offering unique value and room for expansion in the utility meme world. It has gained attention as a promising project in this space.
Bitmain Invests $53.9 Million in Core Scientific to Support Mining Operations
Bitmain, a leading Bitcoin mining hardware manufacturer, will supply 27,000 Bitmain S19J XP 151 TH Bitcoin mining servers to Core Scientific. In return, Core Scientific will provide a payment of $23.1 million in cash and $53.9 million in stock.
CGMD Miner Redefines Cloud Mining in the Simplest Way
CGMD Miner is a cloud mining platform that offers a solution to the high costs of traditional cryptocurrency mining. It aims to provide users with a seamless entry into the mining arena and stands out as an opportunity for efficient and cost-effective mining.
Blockchain investigator ZachXBT slams Gotbit over controversial services
Blockchain investigator ZachXBT has criticized cryptocurrency market maker Gotbit for providing suspicious services, citing a leaked report that highlights their questionable practices. This revelation has raised concerns about the credibility of Gotbit's offerings within the crypto industry.
Crypto exchange Upbit stems fake APT token flood, resumes services
Upbit, a South Korea cryptocurrency exchange, has resumed Aptos token deposits and withdrawals after fixing an issue where a fake APT token was recognized as the real one. The fake token, called "ClaimAPTGift.com," made its way to 400,000 Aptos wallets, allowing users to deposit and sell it on the exchange.
Arbitrum DAO treasury boosted by $57 million in unclaimed airdrop tokens
The Arbitrum Foundation has transferred 69 million unclaimed ARB tokens worth $57 million into its DAO treasury.
'Hoofster' NFT-Backed Shoe Hits AVAVAV's Milan Fashion Week Runway
The Hoofster is a unique fashion accessory that resembles hooves and was co-developed by OnlyEver and AVAVAV. It made its debut on the runway in Milan, showcasing its collaboration with the community.
Galaxy Digital Turns to Europe for Crypto Growth Amid Regulatory Struggle
Galaxy Digital has joined a growing list of firms moving to escape regulatory obstacles in the US, seeking better opportunities elsewhere.
First Mover Americas: Aptos Rallies While Major Cryptos Trade Lower
CoinDesk's daily newsletter, First Mover, provides context and analysis on the latest movements in bitcoin (BTC) and the wider crypto market on September 25, 2023.
Hong Kong to strengthen digital currency regulations after JPEX collapse
Hong Kong authorities plan to impose stricter regulations on digital currency service providers due to the recent liquidity crisis affecting JPEX, an unregistered digital asset exchange. Hong Kong Chief Executive John Lee has affirmed this intention in a statement.
Overcrowded, No Heat, Little Light: Inside SBF's Prison Digs
Sam Bankman-Fried, the former CEO of FTX, has downsized from his luxurious Bahamas residence to a humble bunk bed as he adjusts from a lavish lifestyle to being in jail.
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Creditors of bankrupt crypto lender Celsius have voted in favor of a plan that would allow them to recover 67% to 85% of their holdings. The approved plan aims to provide a significant portion of their investments back to the creditors.
Ben ‘Bitboy’ Armstrong Reportedly Arrested After Livestream Rant
Ben Armstrong, former Bitboy Crypto host, was seemingly arrested following a 37-minute livestream where he was outside his ex-business partner's residence.
OpenSea API Users Warned of Third-Party Security Breach
NFT marketplace OpenSea has advised users to change their API keys after a security breach occurred with a third-party vendor, putting them at risk of attacks. Users have been instructed to rotate their keys as a precautionary measure.
HTX Loses $7.9 Million To Hacker, Asks For Money Back
HTX is offering a 5% bug bounty and a job position to the hacker if the funds are returned.
Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing
A Melbourne couple is set to face a theft charge trial in October for spending 10.5 million AUD that they received by mistake. The funds, received in 2021, led to a situation where they now have to plead their case in court.
Terra Classic (LUNC) and USTC Investors' Attention: Approval for the $1 Target
Despite the collapse in 2022, LUNC and USTC continue to be traded on exchanges over a year later. Terra, on the other hand, collapsed due to economic design failures, leading to a series of cryptocurrency market bankruptcies.
Taiwan Issues Crypto Guidance as it Steps Up Regulation
The guiding principles emphasize customer protection and mandate the separation of client funds and company assets as a requirement.
Low-Cap Ethereum Competitor Skyrockets by 61% This Week Amid Flurry of Futures Contract Listings
The Ethereum competitor ARK experienced a significant increase of over 61% this week, coinciding with the launch of perpetual futures contracts for its native asset on various exchanges. ARK is an open-source blockchain protocol that utilizes typescript and aims to provide a layer-1 solution.
Colin Butler, the Global Head of Institutional Capital at Polygon Labs, was interviewed by Decrypt during the Messari Mainnet 2023 event.
Bank Refuses To Reimburse $32,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report
Lyn Reads, a grandmother with a terminal illness, claims that an Australian bank failed to prevent a scam that resulted in the theft of approximately $50,000 AUD from her account. She believes that the bank should have been able to detect and stop the fraudulent activity as it was happening.
Bitcoin Ordinals Creator Launches New Fungible Token Protocol 'Runes'
In the coming weeks, a new token standard and the trading of Runes-based tokens will be implemented, allowing for more advanced functionality and increased participation in the market.
ApeX Review: Non-Custodial Non-KYC, Permissionless Trading
ApeX is a permissionless and non-custodial platform that offers cross-margined perpetual contracts to its community. It aims to provide limitless access to the perpetual swap market with a unique order book model for fast, efficient, secure, and transparent trading.
Inscription Craze Leaves Thousands of Bitcoin Transactions Unconfirmed
Bitcoin's network has experienced delays in confirming transactions, leading to increased fees and concerns among users. This has prompted alarm in the cryptocurrency community and is currently an ongoing issue for the network.
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
Coinbase is reportedly looking to acquire FTX's European subsidiary in a move that showcases the increasing significance of derivatives in Coinbase's strategy. This acquisition signifies Coinbase's focus on expanding its presence in the crypto derivatives market.
Pay-to-use blockchains will never achieve mass adoption
The author argues that for blockchain projects to achieve mass adoption, they need to prioritize making their platforms free, frictionless, and familiar to users, drawing on examples from companies like Google and Facebook. They suggest that current blockchain protocols are not meeting these criteria, and that the industry needs to address these issues in order to succeed.
Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
A crypto firm in Brussels has been approved by the standards body VQF, becoming part of a select group that includes BitGo. This approval recognizes the firm's adherence to regulatory standards in the cryptocurrency industry.
How to buy Bitcoin in Dubai
The description explains that buying Bitcoin in Dubai is legal and the United Arab Emirates is considered a crypto-friendly country with zero tax on cryptocurrency trading. The process of buying Bitcoin in Dubai involves choosing a crypto exchange, registering, adding funds, and selecting a secure Bitcoin wallet.
Hong Kong to disclose crypto license applicants in wake of JPEX probes
The Securities and Futures Commission in Hong Kong plans to release a list of suspicious trading platforms alongside its announcement. This indicates a focus on monitoring potential fraudulent activities in the trading industry in Hong Kong.
This Project Was the Last Target of Hackers! The Price of the Cyber Attacked Altcoin Dropped Sharply!
A protocol intended to solve blockchain scalability issues has been targeted in a cyber attack, leading to a significant drop in the price of the affected altcoin.
Ripple's Mysterious XRP Transfers
Cryptocurrencies embody principles of decentralization, transparency, and fluidity, but Ripple has recently experienced a fascinating and speculative event that has captured attention.
Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion
San Francisco law firm Fenwick & West denies allegations made by FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the fraud that caused FTX's collapse. The firm argues that the allegations are "fatally deficient" and should be dismissed.
FTX's former external legal team disputes involvement in fraud allegations
A U.S. law firm, Fenwick & West, denies allegations of assisting in fraudulent activities by cryptocurrency exchange FTX in a recent court filing, stating that lawyers cannot be held liable for their client's wrongdoings. The firm argues it played a minor role in providing legal advice and that it should not bear any responsibility as it was not the exclusive law firm representing FTX.
Graffiti artists Street Cy₿er are painting the town Bitcoin
Street Cy₿er is a collective of over 100 street artists, musicians, and Bitcoin enthusiasts who create Bitcoin street art across Europe to raise awareness about the cryptocurrency. Their artwork aims to deliver powerful statements about the failures of the traditional financial system and the potential of Bitcoin for creating a fairer world.
Shibarium Hits New Record: Is a Shiba Inu (SHIB) Price Surge Imminent?
The Layer-2 network Shibarium has successfully processed over three million transactions in less than a month, indicating widespread adoption. The team behind Shiba Inu believes that this accomplishment showcases significant progress in the network's growth.
First Orders of Ice River Kaspa (KAS) ASIC Miners Are Being Delivered
Miners are receiving their orders for the Kaspa (KAS) ASIC miners from Icer River, a newcomer in the market. Despite being new, Icer River has succeeded in delivering the dedicated KAS ASIC mining hardware promptly.
Bitcoin price fights for $26K as US dollar strength hits 10-month high
Bitcoin is struggling as its price hovers around $26,000, with analysts warning of a potential bearish trend forming that could cause the price to drop between $22,000 and $20,000. Additionally, the U.S. dollar index (DXY) has surged to its highest level of 2023, posing another challenge for Bitcoin and the crypto market.
Is the FED’s Interest Rate Hikes Over? When Will Interest Rate Cuts Start? Morgan Stanley Chief Analyst Discusses
An analyst evaluates whether the Federal Reserve's cycle of interest rate hikes has permanently ended and discusses the potential start of interest rate cuts. More information can be found in the linked article.
Cream Finance Soars Over 80% Amidst Release of 3-Year Staking Contract
Cream Finance has experienced a significant surge of over 80% following the release of a three-year staking contract. The company distributed a total of 241,415 CREAM tokens, worth $4.27 million, to 19 different addresses.
USDT Exchange Inflow Volume (7D MA) Drops to 1-Month Low
Glassnode Alerts reported a decrease in the amount of Tether (USDT) flowing onto exchanges, based on their on-chain tracking platform. The USDT Exchange Inflow Volume (7d MA) has recently dropped.
Altcoin’s Price Suddenly Rises 84 Percent as Developers Unstake Huge Amount of Tokens
Developers of a decentralized exchange have unstaked a significant number of tokens, resulting in a sudden 84 percent increase in the price of the altcoin.
MicroStrategy Buys 5,445 More Bitcoin for $147.3 Million
MicroStrategy has increased its Bitcoin holdings by acquiring an additional 5,445 BTC, surpassing a total of 158,000 BTC in its corporate treasury.
Circle’s EURC Stablecoin Launches on Stellar Network
Circle has launched EURC, its EUR-pegged stablecoin, on Stellar, expanding its availability to three different blockchains, which also includes Ethereum and Avalanche.
Bitcoin Poised to Hit $48,700 Ahead of Next Halving? Historical Data Thinks So!
Bitcoin has consistently reached the 78.6% Fibonacci retracement level before a halving, usually around 4-12 months prior. As the next halving is only 7 months away, it remains to be seen if this pattern will continue.
Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
According to the Guardian, Jatinder Singh and his partner purchased multiple properties, cars, artwork, and other luxurious items using funds they received as a result of an accounting error by Crypto.com.
Weekly Top Crypto News (September 18 – September 24)
The US Federal Reserve has decided to keep interest rates unchanged at 5.25% to 5.50%, ending a streak of rate hikes that began in March 2022. This decision came as a surprise to the market, and Fed Chair Jerome Powell emphasized the need to monitor economic data before making further changes.
Singapore Records Crypto Asset Seizures Worth $28M in Major Money Laundering Case
Singapore authorities have confiscated a total of $1.76 billion, including $28 million worth of cryptocurrency. The assets and cash were seized as part of an ongoing investigation.
Digital Euro at Least Two Years Away, ECB’s Lagarde Says
The central banker acknowledged the existence of "conspiracy theories" surrounding government surveillance and expressed her intention to confront them.
South Koreans hold $100M in overseas digital assets amid tax rule review
South Korea is considering revising its tax system to address the issue of unreported earnings from digital currencies, stocks, and other financial assets based on a report from the National Tax Service (NTS). The report reveals a significant number of unreported overseas earnings.
Coinbase Intensifies Campaign for Clear Crypto Regulation by Mobilizing 50 Million Investors
Coinbase is encouraging the US crypto community to ask their congresspersons for clear and sensible crypto legislation in order to support the industry. They believe that having a well-defined regulatory framework will help foster innovation and protect consumers.
Chainlink (LINK) Spikes 6% On The Weekly Chart As Market Sees Correction
The crypto market has experienced a decline, with top coins like Bitcoin and Ethereum losing a percentage of their gains. However, Chainlink (LINK) has resisted the bearish market forces and has seen an increase in price, reaching above $7. The rise in active unique addresses and integration across various chains indicate increased usage and adoption of the LINK token, suggesting further potential for price growth.
Hong Kong Police Pursue Crypto Exchange JPEX Masterminds Amidst $178 Million Fraud
The leader of the failed crypto exchange JPEX is evading Hong Kong authorities and is suspected to be in Australia, prompting the police to seek Interpol's help in apprehending them. This comes after recent developments related to the investigation into the rug-pull scheme conducted by JPEX.
First Mover Americas: Coinbase Registers With Central Bank of Spain
The latest price moves in the bitcoin and crypto markets on Sept. 26, 2023 are discussed in CoinDesk's daily newsletter, First Mover, which provides context for these actions.
Upbit Transferred IMX Worth $4.8M To Binance And OKX, IMX Fell By 24%
The price of IMX dropped 24% after Upbit transferred $4.8 million worth of IMX tokens to Binance and OKX, causing turbulence in the market. This transfer led to a rapid decrease in the value of IMX.
Shiba Inu Weekly Burn Rate Rises as Under 1 Billion SHIB Are Burned
The Shiba Inu weekly burn rate experienced a slight increase as more SHIBs were burned, with a growth of 37.14% noted in the last seven days, as shown in a graphical representation shared by the Shibburn initiative on Twitter.
Coinbase secures AML registration from Bank of Spain
Cryptocurrency exchange Coinbase has received an Anti-Money Laundering compliance registration from Spain's central bank, allowing it to offer its services to retail and institutional investors in Spain. This move comes as Coinbase continues to expand across Europe and seeks to comply with regulatory requirements globally.
Tether reportedly shuts USDT redemption for some Singapore customer groups
Tether, the largest stablecoin issuer, has changed its terms of service in Singapore, prohibiting certain customers from redeeming USDT. The changes specifically affect customers residing in Singapore and are causing uncertainty about the ability to redeem USDT into USD.
Huobi Global hacked for $7.9M: Report
Huobi Global's HTX crypto exchange was hacked on September 24, resulting in the theft of $7.9 million worth of cryptocurrency. The exchange claims to know the identity of the attacker and has offered them a "white-hat bonus" if they return the remaining 95% of the stolen funds.
NASA plans to prove its next Moon landing is real using blockchain
The Isle of Man and Florida-based startup Lonestar are collaborating with NASA to develop a blockchain-verified data storage solution on the Moon. The goal is to use blockchain technology to verify future lunar landings and provide an indisputable record of human activity on the Moon.
Ripple v. SEC Lawsuit Important Update: Sep 26th
Rahul Mukhi, a former Assistant United States Attorney, has been hired to serve as legal representation for Ripple and its CEO, Garlighouse, in their ongoing lawsuit against the SEC.
Privacy-Focused Blockchain Raises $7 Million Led By Multicoin Capital
Fhenix asserts that they have introduced built-in encryption to the blockchain, eliminating the requirement to decrypt information prior to utilization.
What Awaits Bitcoin Approaching the $26,000 Border? Which Direction Does Historical Data Point? CryptoQuant Analysts Evaluated!
According to CryptoQuant analysts, Bitcoin is expected to stay in a consolidation phase until the 2024 halving event. More information can be found in the article linked.
Watch Out: 24 Altcoins Have Massive Token Unlocks in the New Week! Here is the Day by Day, Hour by Hour List
There will be token lock openings in several altcoins in the cryptocurrency market next week, and a detailed day-by-day, hour-by-hour list can be found on a website called bitcoinsistemi.com.
Pro-XRP Lawyer Expects a Bull Run for Bitcoin in October
US attorneys John Deaton and Joe Carlasare are optimistic about the performance of bitcoin in the upcoming month, expecting promising results.
Why Is Curve DAO (CRV) Price Rising Today?
The price of Curve DAO (CRV) experienced a notable 14% increase in the cryptocurrency market, drawing attention to a mysterious whale wallet that played a role in this surge. The whale wallet's actions have attracted significant interest in the market.
TWT Price Prediction: TWT Price Below 20 Day EMA, What Next?
The TWT token price has formed a double bottom pattern near the $0.7000 mark on the charts, indicating a potential reversal in trend. However, buyers faced difficulty in surpassing the 20-day EMA, suggesting potential challenges ahead for them.
Coinbase Successfully Registers With Spain's Central Bank
The firm has officially become a registered crypto exchange and custody wallet provider.
HTX Loses $7.9 Million To Hackers, Justin Sun Responds
The exchange has successfully compensated for the losses, which represent a minor portion of its overall assets.
OpenAI Upgrades ChatGPT: The AI Chatbot Can Now “See, Hear and Speak”
OpenAI has released a significant upgrade to ChatGPT, allowing it to engage in voice conversations and analyze images. This expansion is part of OpenAI's goal to establish itself as a leading force in the industry.
Miss Universe denies link with recently unveiled coin project
The Miss Universe Organization has stated that it has no involvement with the Miss Universe Coin project announced at the Philippine Blockchain Week and has called it a fraud. The organization has expressed its intention to pursue legal action and warned against future mentions of the coin at other blockchain conferences.
ETH Wallets Holding 1+ Coins Has Dropped to a 3-Month Low
The number of investors holding 1+ Ethereum (ETH) has reached a three-month low, with only 1,743,744 addresses holding this amount, according to Glassnode Alerts. The drop in ETH holders suggests a potential decrease in investor interest and activity in the cryptocurrency.
South Korea to screen major shareholders of crypto exchanges over eligibility concerns
Financial authorities in South Korea plan to implement thorough eligibility checks for major shareholders in cryptocurrency exchanges, aligning with the regulations followed by the banking industry. This decision is made in response to growing concerns surrounding the security and transparency of cryptocurrency transactions.
Why Spot Bitcoin ETF Approvals Risk Further Delay?
The anticipation for the approval of a Bitcoin Exchange Traded Fund (ETF) in the United States may be hindered by the current government shutdown and uncertainties from the SEC. This adds to a year of various challenges in the crypto industry.
Taiwan bans unregistered foreign crypto exchanges from operating
Taiwan's Financial Supervisory Commission (FSC) has released industry guidelines for virtual asset service providers (VASPs) to improve protections for cryptocurrency investors. The guidelines include rules such as separating exchange's treasury assets from customer assets and requiring foreign VASPs to obtain necessary approvals from the regulator in order to provide services in Taiwan.
Ethereum Liquid Staking Protocols Hit New Milestone Following Massive Inflows
Ethereum liquid staking platforms have reached a significant milestone, with over 12 million ETH staked in just a few days. Prominent protocols such as Lido, Rocket Pool, Coinbase, and Binance have contributed to this growth, with Binance taking the lead by adding a substantial amount of ETH to its reserves.
Crypto traders shift focus to these 4 altcoins as Bitcoin price flatlines
Bitcoin's current tight range trading could lead to a trending move in select altcoins such as Chainlink (LINK), Maker (MKR), Arbitrum (ARB), and Theta Network (THETA).
Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences
The Hong Kong securities regulator is releasing a list of companies applying to operate cryptocurrency trading platforms to ease concerns among investors following the Jpex incident. The CEO of the Securities and Futures Commission, Julia Leung Fung-yee, stated this move is intended to reassure the investing public.
DWF Labs and GSR in a Brawl: An Episode of Fuelling Competition
Controversy ensues after a panel discussion at Web3 Connect: Journey through Digital Trade Horizons between DWF Labs, GSR, and Wintermute, resulting in a heated exchange. The web3 investment firm and market-making giants were involved in a controversial brawl following the event.
China to build giant AI chip factory to bypass US sanctions: Report
Chinese scientists are planning to build AI chip factories that utilize particle accelerators to bypass sanctions imposed on the local industry. This would allow them to produce AI semiconductor chips on-site, reducing dependence on foreign technology.
The State of Staking: 5 Takeaways a Year After Ethereum's Merge
The switch to proof-of-stake in Ethereum addressed environmental concerns caused by proof-of-work mining, but it introduced new challenges such as centralization, concerns about manipulative practices (MEV), and censorship, as reported by Margaux Nijkerk and Sam Kessler.
Watch out: There Are Important Altcoin and Economic Events in the Coming Week! Here is the Day by Day, Hour by Hour List
Following a fixed interest rate decision, the Bitcoin price remains stable at $26,588, almost unchanged from last week.
Market Analysts Outline When The First Spot Bitcoin ETF Will Be Approved
Analysts at asset management firm Bernstein predict that the first Spot Bitcoin ETF could be approved by the US Securities and Exchange Commission (SEC) early next year. They base this projection on a recent court ruling in favor of Grayscale, which ordered the SEC to review its Spot Bitcoin ETF application. Bernstein analysts also believe that the approval of these ETFs could contribute to the growth of the crypto asset management industry, reaching over $500 billion in the next five years.
Dollar Wrecking Ball, Good or Bad for Bitcoin?
Bitcoin is gaining support and preparing for a bullish breakout, but this momentum could be affected by the recent strength of the dollar, as well as upcoming FOMC events and long-term predictions.
Amazon invests $4 billion Anthropic AI startup
Amazon has invested $4 billion in AI startup Anthropic to develop high-performing foundation models, while receiving access to Amazon cloud services. This investment also includes a "minority stake" in Anthropic, with no disruption in its governance reported.
El Salvador Bitcoin Advisor Shares 32 Years Old Patent Paper To Claim XRP is Centralized, Community Reacts
Max Keiser, a Bitcoin maximalist, claims that XRP is centralized due to a patent from 32 years ago, while the XRP community disputes this argument. Keiser, who advises the president of El Salvador on Bitcoin, expresses his concerns on the X platform.
HK regulator vows to intensify crackdown on unregistered crypto platforms
The Hong Kong Securities and Futures Commission (SFC) has announced plans to increase its actions against unregulated cryptocurrency trading platforms in the region. In a recent announcement, the SFC stated its intention to release guidelines to enhance regulation and oversight in this sector.
Kraken Pushes Forward on Expansion in Spain, Ireland With Key Regulatory Steps
Kraken successfully achieved registration with Spain's central bank, and its Irish subsidiary obtained a license.
Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
Lumerin, a mining marketplace, was launched on the Arbitrum network earlier this week. The platform aims to facilitate mining activities by connecting miners with buyers within the Arbitrum ecosystem.
SEC Files Motion Against Terraform Labs and Luna Founder Do Hyeong Kwon
The SEC has requested the court's permission to depose Do Hyeong Kwon or prevent the defendants from using a declaration from him in a case filed against Terraform Labs. The defendants have until September 26, 2023, to respond.
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
The toys offer a gateway to Pudgy World, a multiplayer digital platform, enhancing the brand's exposure and attracting more users to the Pudgy Penguin brand.
SEC raises concerns over Coinbase in objection to Celsius restructuring plan
The US Securities and Exchange Commission (SEC) has objected to Celsius Network's reorganization plan due to its connection with the ongoing lawsuit between the SEC and Coinbase. The objection is based on the SEC's concern that a distribution services agreement between Celsius and Coinbase may go beyond the scope of a distribution agent, potentially involving services relevant to the SEC's civil suit against Coinbase.
Minecraft Creator Notch: 'Glad They're Cracking Down' on Bitcoin Reward Servers
Former Mojang developer Notch does not support play-to-earn Minecraft servers, despite no longer being associated with the company.
Bitcoin Halving 85% Complete, with Supply Held by Long-Term Holders Close to ATH
The cryptocurrency market is at a crucial stage with the upcoming Bitcoin halving event in 2024 drawing significant attention from investors. Based on historical patterns, there may be a mature bull market that follows this event.
Bitcoin Exchange Binance Announced That It Restarted Its Activities in This Country!
Binance, a cryptocurrency exchange, has resumed its operations in a particular country after being ordered to suspend its crypto-related services by the country's regulator. For more details, refer to the provided link.
Weekend Bitcoin Volatility Hits Shockingly Low Levels
The cryptocurrency sector is currently experiencing an unusual phase with Bitcoin, the leading digital currency, showing remarkably low volatility. This stability is unusual for Bitcoin, which is typically known for its sharp price fluctuations.
Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds
A recent study showed that the median pay for engineers worldwide is $120,000, while engineers in North America earn $193,000, which increased by 1.5% compared to the previous year.
Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
Binance's liquid staking ether experienced a significant increase of $500 million in inflows, leading to a total locked value of $1.2 billion.
Judge Rules Sam Bankman-Fried Can’t Mention Effective Altruism or Jail Time in Court
The description mentions that references to witnesses' drug use were approved.
XRP’s Path to $100,000: The Role of Asset Tokenization and On-Demand Liquidity
The potential for XRP to reach $100,000 is suggested due to major entities tokenizing assets on the XRP ledger, which would reduce its supply and intensify its role in on-demand liquidity. This combination could drive up the price of XRP significantly.
Chamath Palihapitiya Warns Stocks and Risk Assets Could See Major Repricing Amid Fed’s ‘Higher for Longer’ Policy
Billionaire venture capitalist Chamath Palihapitiya predicts that stocks and other risk assets will experience significant volatility due to the Federal Reserve's restrictive monetary policies. Speaking on the All-In Podcast, he suggests that market participants should be prepared for turbulent times ahead.
Short Squeeze Incoming for ETH as $1.7K Remains Main Bullish Target? (Ethereum Price Analysis)
Despite the overall negative sentiment in the market, Ethereum's recent price movement suggests there is a chance for a short-term recovery and reclaiming the 200-day moving average, according to technical analysis by Shayan.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Despite challenges in its DeFi ecosystem, Fantom is pushing forward with innovation and plans for technical upgrades, aiming to create a strong and diverse blockchain ecosystem by focusing on growing its developer community.
Shiba Inu Token BONE Eyes Epic Surge in Large Transactions After Unusual Anomaly
The Shiba Inu ecosystem token, BONE, has seen a surge in on-chain activity, drawing interest from cryptocurrency enthusiasts. Large transactions of BONE have significantly increased, as reported by IntoTheBlock data.
Bankless: Solana's Resilience and Prospects Amid Market Challenges
Solana has overcome market challenges and technical issues to become stronger in 2023, demonstrating improved network performance and expanding into new sectors like NFTs and AI. Despite past setbacks, upcoming developments like Neon EVM and Solang further contribute to Solana's promising future.
SEC Objects to Coinbase's Role in Celsius Bankruptcy Distribution Plan
The SEC has expressed dissatisfaction with Coinbase's intended role in compensating former Celsius clients, suggesting they are unhappy with it.
Blockchain Industry Workers Are Remote But Don't Get Paid in Crypto: Survey
The survey reveals that the majority of remote workers still receive their salaries in traditional fiat currencies despite the rising popularity of cryptocurrencies in the compensation space.
Classic Bitcoin Indicator Suggests 2024 Bull Run, Says Trader Who Called May 2021 Collapse
A trader named Dave the Wave has made accurate predictions about Bitcoin in the past and believes that a classic indicator indicates a bull run for BTC in the coming year. He shared this view with his 140,000 followers on social media platform X.
MicroStrategy Resumes Shopping Spree by Buying 5,445 More BTC
The company now holds nearly 160,000 BTC in its possession, indicating a significant increase in its total stash.
CRV Whale Accumulation Drives 12% Surge In Price: Over 50 Million Tokens Traded
A large withdrawal of 5.12 million $CRV tokens, worth around $2.7 million, was made from Binance by wallet address "0xDf14" within the past six hours. This wallet has previously withdrawn a total of 19.56 million $CRV tokens.
Analysts Predict Weekly Top 5 Cryptocurrencies To Watch – XRP, SOL, LINK, ADA, PEPE
Bitcoin experienced a decline in price following an announcement by the Federal Reserve, dropping from $27,500 to $26,500. This caused concern among traders and investors, with speculation of Bitcoin hitting $20,000.
Ethereum Price Hints At Potential Correction But Faces Uphill Task
Ethereum price is struggling to recover above $1,600 and faces resistance near the $1,595 level. If it fails to clear this resistance, it could resume its decline and find support near $1,565, with a potential further drop towards $1,540.
Over 200,000 Chileans have signed up for Worldcoin (WLD)
Worldcoin (WLD) has attracted over 200,000 Chileans to sign up for its World ID project, co-founded by OpenAI CEO Sam Altman. Despite gaining popularity, the initiative has faced criticism for its data collection and privacy practices.
XRP is the Only Crypto in the US With Legal Clarity: Opinion
Digital Asset Investor, a prominent digital asset investor and XRP advocate, has stated that XRP is the only digital asset in the United States that has legal clarity. According to the investor, this message was conveyed to Ryan Rugg, the head of digital assets for...
Bankruptcies on the Rise: Temporary Adjustment or Ominous Sign?
Bankruptcy filings have surged to dangerous levels, comparable to the economic downturns of both the Great Recession in 2008 and the COVID-19 pandemic in 2020, according to recent data.
Cake CEO Shared the Email from Tether: Is Tether Banned in This Country?
The CEO of Cake shared an email indicating that there has been a modification to Tether's terms of service in a particular country. For more information, you can read the article at the given link.
Top Trader Says Bitcoin Bottom Not in Yet, Predicts New Six-Month Lows for BTC – Here’s His Downside Target
A well-known trader who accurately predicted the 2018 bear market low for Bitcoin is now forecasting another drop for the leading cryptocurrency. According to the analyst Bluntz, BTC has recently formed a bearish lower-high, indicating potential downside movement.
Bitcoin Flashing Relative Strength Against Stock Market Despite Deteriorating Macro Conditions: Analytics Firm
According to IntoTheBlock, Bitcoin is demonstrating resilience compared to the stock market despite unfavorable macroeconomic conditions. Lucas Outumuro, the head of research at the analytics firm, suggests that Bitcoin's price has remained steady or even increased despite these challenges.
XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50?
Ripple's token price is currently above $0.50 against the US Dollar and is attempting to increase further. However, if it fails to recover above $0.512, the price could experience a decline.
Daily Analysis: BTC, ETH, PEPE, SHIB, CREAM
Today, global markets are slightly bearish with the total cap remaining at $1.05T and the fear and greed index at 39, while the Bitcoin price has not been provided.
Bitcoin miners seen exploring ways to diversify revenue streams
Bitcoin miners are looking for ways to diversify their investments to protect themselves from the potential volatility of digital assets. This is based on an analysis that suggests they are preparing for potential fluctuations in the value of bitcoin.
While Bitcoin's Outflows Continue, Institutional Investors Are Being Selective in Altcoins! Which Altcoins Are Of Interest?
According to CoinShares, there was a $9.1 million outflow in cryptocurrency products last week as Bitcoin nears the $26,000 mark. Institutional investors are being selective in altcoins while Bitcoin's outflows continue.
MAV zkSync Integration Is Now Available On Binance
Binance has integrated MAV zkSync on their platform, allowing cryptocurrency users to experience increased efficiency. Users can now make deposits and withdrawals for MAV tokens on the zkSync Era network, which offers improved liquidity and accessibility.
US Treasury Sanctions Ethereum Wallet Tied to Mexican Drug Trade
The address is linked to a Mexican money launderer who employs cryptocurrency to transfer drug profits across the border.
Russian ‘Crypto Queen’ Reportedly Arrested in Moscow
Valeria "Bitmama" Fedyakina, a well-known entrepreneur and crypto influencer in Russia, has been arrested on fraud charges by the police. The arrest follows reports from Moskvich Magazine, Baza, and Readovka.
OpenSea Leak: API Vulnerability Exposes User Data
Leaks in the Web2 world were concealed from users, but recent regulations now mandate companies to disclose such breaches. Laws like data protection ensure that companies must inform their users in the event of an attack or breach.
JUST IN: 5,000 Ethereum Allegedly Stolen from Huobi's Hot Wallets!
According to Cyvers Alerts, a hot wallet belonging to Huobi exchange was hacked, resulting in the theft of 5,000 Ethereum. For more information, read the article "JUST IN: 5,000 Ethereum Allegedly Stolen from Huobi's Hot Wallets!" on bitcoinsistemi.com.
BBB Warns of Rising Crypto Scams on Tiktok — ‘They May Resort to Scare Tactics’
The U.S. Better Business Bureau has issued a warning about increasing crypto investment scams on Tiktok, involving "money-flipping" schemes. The scammers may ask for multiple fees and may use scare tactics to pressure victims into paying.
Celsius creditors vote in favor of reorganization plan
Creditors affected by Celsius' bankruptcy have voted in favor of a plan that would result in the return of cryptocurrency to them.
Vitalik Buterin Warns CBDCs Moving in Wrong Direction, Calls Them ‘Front Ends’ for the Banking System: Report
Ethereum co-creator Vitalik Buterin expressed disillusionment with the development of central bank digital currencies (CBDCs) in a recent CNBC interview. He states that while he was initially optimistic about CBDCs, his hope has diminished over time.
Walmart to sell Pudgy Penguins toyline in 2,000 stores
Walmart will soon offer Pudgy Penguins' NFT toyline in over 2,000 stores throughout the United States. Pudgy Penguins is a popular NFT collection that Walmart is making available to its customers.
Chainlink downplays worries after users notice quiet change to multisig
Decentralized oracle network Chainlink has faced criticism on social media for making changes to the number of signers required on its multisig wallet. However, Chainlink downplayed the concerns and defended its decision.
Shiba Budz (BUDZ) Presale Is On Fire: Can It Become the Next Big Token Of 2023
The cannabis sector is experiencing significant growth with the help of innovative technologies like blockchain. Shiba Budz (BUDZ) is a promising project that is being examined in this article.
Chainlink Addresses Controversial Multisig Wallet Signer Changes
Chainlink has come under scrutiny for making changes to their multisig wallet that decrease the number of required signatures from four out of nine to four out of eight, raising concerns about potential security vulnerabilities.
Bitcoin (BTC) Dominance Rebounds to Year's High: What Does It Mean?
Bitcoin's dominance in the cryptocurrency market has reached its highest level of the year, but its significance for altcoins and the broader crypto ecosystem remains unclear. The term "Bitcoin dominance" represents the proportion of the total cryptocurrency market that Bitcoin holds.
Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial
The founder of FTX, a cryptocurrency exchange, has requested to be released temporarily while his trial is ongoing. He is currently in jail and has renewed his request for release.
Bitcoin ETFs Explained: A Closer Look at BTC Exchange-Traded Products
Bitcoin ETFs have gained popularity among mainstream investors as a way to gain exposure to the cryptocurrency market without directly owning bitcoin. However, the U.S. Securities and Exchange Commission has not yet approved any such ETFs.
Terra Classic Price Prediction: What’s Ahead For $LUNC After Reclaiming $0.00006 Mark?
The LUNC price has been in a consistent decline for over a month, with two parallel trend lines serving as support and resistance. This downward movement has resulted in a falling trajectory.
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
Binance Japan and Mitsubishi UFJ bank are collaborating to support Japan's Web3 goals by introducing stablecoins. The partnership aims to facilitate seamless transactions and promote the adoption of decentralized finance in the country.
Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use
Judge Lewis Kaplan, who presides over Sam Bankman-Fried's trial, established guidelines for specific questions and testimony from witnesses.
Crypto influencer Ben Armstrong arrested trying to confront former business partner
Crypto influencer, Ben Armstrong aka Bitboy Crypto, was arrested after attempting to confront a former business partner.
What does Keynes' theory have to do with the price of Bitcoin?
The Keynesian beauty contest theory has been compared to the price of Bitcoin in the field of economics. This theory explores behavioral patterns in decision-making.
Binance Restarts in Belgium Three Months After Order to Stop
In June, the Financial Services and Markets Authority instructed the exchange to halt its services for clients in Belgium.
Rollbit Shuts Down Degen EXchange and Rollbot.com Amid Regulatory Concerns
Rollbit has shut down its Degen Exchange and Rollbot.com due to regulatory issues and low user adoption, but its main product, Rollbit.com, and the $RLB token are unaffected. The company also teased upcoming releases.
It has been announced that there will be a collaboration between two altcoins to strengthen the Web3 Ecosystem!
Two altcoins have announced a collaboration to strengthen the Web3 Developer Ecosystem in Southeast Asia. More details about this collaboration can be found in the provided link.
India’s 1% Tax on Crypto Trades Won’t Work for High-Frequency Trading: Nischal Shetty
The co-founder and president of Shardeum, a company, stated that regulations in India have had both positive and negative outcomes.
Cardano (ADA) Celebrates 6th Anniversary of Genesis Block Creation
Cardano (ADA) has achieved significant growth and recognition in the cryptocurrency market since its inception six years ago, emerging as a prominent blockchain platform. As the Cardano community marks the sixth anniversary of its genesis block, it is an opportunity to reflect and celebrate its success.
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The Federal Reserve Banks of Boston and New York have published a report comparing stablecoins to money market funds, finding that stablecoins have similar vulnerabilities and could potentially create financial instability in the broader financial system. The report also highlights a "break-the-buck" threshold for stablecoins and calls for international regulatory oversight of cryptocurrencies and stablecoins.
Shiba Budz (BUDZ), Pepe (PEPE) and Dogecoin (DOGE) Tokens to Add To Your Portfolio For Big Returns
The description introduces meme coins, which have gained popularity in the cryptocurrency industry due to their inspiration from viral internet jokes or memes. It specifically mentions three meme coins: Shiba Budz (BUDZ), Pepe (PEPE), and Dogecoin (Doge), and suggests adding them to one's portfolio for potential significant returns.
Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’
The company has made a decision to refocus its efforts based on internal discussions among its leadership and board of directors. They will prioritize "economically viable opportunities" moving forward.
Analyst Willy Woo Says This ‘Enemy’ of Bitcoin (BTC) Rearing Its Ugly Head Again
Bitcoin analyst Willy Woo warns that a significant challenge may hinder the future growth of BTC. He shares a chart on social media indicating the ratio between "paper" Bitcoin and actual Bitcoin holdings, suggesting the potential impact on the cryptocurrency.
Vitalik wallet sends 400 ETH worth $600K to Coinbase
Ethereum co-founder Vitalik Buterin has been flagged for sending 400 ETH worth $600,000 to Coinbase. In total, Buterin has deposited over $3.9 million worth of ETH to various exchanges in September 2023.
Paris Fashion Week AR Kiosks Turn Visitors Into Runway Models
Fabrix and DressX have introduced augmented reality stations at Paris Fashion Week, allowing attendees to experiment with designer styles in an interactive way.
Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days
Since September 7, the difference between the forward-looking 30-day implied volatility index for ether (ETH) and bitcoin (BTC) on Deribit has consistently favored bitcoin.
DWF Labs' Andrei Grachev Fires Back at GSR Cristian Gil
A Twitter feud between Andrei Grachev and Cristian Gil about the state of the crypto market and the role of market makers has sparked discussions and even a proposal for a "Crypto Fight Night" where the loser would have to leave the crypto markets.
XRP Community Claims Credit for ‘Decentralized Justice’ Invention
In a recent tweet, John Deaton, founder of Crypto-Law.us, declares that the XRP community is the leading crypto community, stating that there is no other community that surpasses the XRP Army. Deaton, a lawyer, continues to support and advocate for the XRP community.
BTC Addresses With 1+ Coins Has Reached an ATH: On-Chain Data
The number of addresses holding 1+ Bitcoin has reached a record high of 1,022,655, according to Glassnode Alerts. This suggests growing interest and adoption of Bitcoin among a larger number of individuals and entities.
Bitcoin Price Predictions For 2024: Insights From Major Banks To Hedge Funds
Several notable financial institutions and analysts have made price predictions for Bitcoin in 2024. Pantera Capital predicts a possible rise to $147,843 post the halving, Standard Chartered Bank expects a potential ascent to $120,000, JPMorgan forecasts a more restrained growth to $45,000, Matrixport predicts a surge to $125,000, Tim Draper maintains a highly bullish outlook with a projection of $250,000, Berenberg anticipates a price of $56,630 at the halving, and Blockware Solutions delves into the intriguing possibility of a price of $400,000. Other predictions range from $1 million to $70,000, reflecting diverse perspectives on Bitcoin's future value.
Shiba Inu Needs to Break 5-Week Downtrend to Reclaim $0.000008
The cryptocurrency Shiba Inu (SHIB) has been struggling to regain the price level of $0.000008 after falling below it, facing resistance from a downward trend lasting five weeks. On September 1, SHIB lost the $0.000008 support level to bearish pressure.
BTC Implied Volatility Drops Post-Weekly Expirations
Crypto derivatives quant trader, Samneet Chepal, has observed that Bitcoin's implied volatility typically drops 24 hours after the weekly expiration. This is attributed to the "weekend effect" as traders adjust their volatility outlooks for the weekend.
Hydranet Launches Layer 3 DEX: A Game Changer for Trustless Cross-Chain Trading
Hydranet has launched the Hydranet DEX, a Layer 3 trading platform that facilitates cross-chain trading using multiple off-chain protocols, offering fast, secure, and low-cost transactions. The platform debuted as a mainnet beta on September 23, 2023.
Security Platform Immunefi Launches Smart Contract Bug Bounty Vaults
The CEO of Immunefi expressed concern about anonymous individuals possessing undisclosed information, which is causing anxiety among project developers.
Solana Holds Above $19 And Reaches The Overbought Area
Solana (SOL) cryptocurrency has been trading sideways below the $20.50 level and is facing resistance in its upward movement since September 5. The long-term price forecast for Solana is bearish.
Bitcoin Asset Management to Grow to $650 Billion Industry: Alliance Bernstein
According to a report by Alliance Bernstein, the Bitcoin asset management sector could grow to reach a value of $650 billion in the next five years. This suggests a significant expansion in the institutional adoption of Bitcoin.
Defi Education Fund Advocates for Responsible Crypto Regulation
Amanda Tuminelli emphasizes the importance of collaborative efforts between regulators and the crypto industry to develop appropriate regulations that do not hinder innovation. In an interview with Stacy Elliott at Messari Mainnet 2023, Tuminelli discusses the need for regulators to gain a thorough understanding of crypto protocols before proposing extensive rules.
OKX Releases 11th Proof of Reserves Report With Over $11.2B in Primary Assets
The USD value of OKX's reserves has seen a significant increase of over 7.6% since August.
Mixin Network Suffers $200 Million Hack
Mixin Network, a cloud service provider, experienced a security breach resulting in a $200 million loss. An investigation is being conducted with the help of blockchain security firm SlowMist, while deposit and withdrawal services on Mixin Network are temporarily suspended.
What is ChatPDF?
ChatPDF is a platform that uses ChatGPT technology to process PDFs for students, researchers, and professionals. It provides features such as summary and Q&A, multi-language support, cited sources, high security, and offers both free and premium pricing plans.
Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations
Tron founder Justin Sun and his company Rainberry have been granted an extended timeline for their defense against a lawsuit brought by the SEC. They now have until December 8, 2023, to prepare their case.
BTC price tracks $26.5K as Bitcoin speculator supply hits 12-year low
Bitcoin remained steady at $26,500 during the weekly close as traders continued to accumulate. Analysis indicates that the price of BTC is currently stagnant and not showing any signs of a significant movement.
Writers Guild, Studios Reach Tentative Deal Covering AI, Streaming Services
The Writers Guild of America has reached a tentative agreement with the Alliance of Motion Picture and Television Producers after a 146-day strike in Hollywood. This three-year deal brings an end to the longest-running strike in the industry.
The change of the Ethereum blockchain
The Ethereum blockchain is experiencing inflation as network activity and on-chain fees decline. This has resulted in a current inflation rate of 0.270% for Ethereum.
Wall Street Memes Poised for Price Pump After OKX Listing Confirmed? Biggest Meme Coin ICO This Year?
The popular WSM meme coin, which recently completed its presale, has exciting news that is expected to generate a lot of excitement among its community. OKX, a major cryptocurrency exchange, will be listing Wall Street Memes (WSM) today, attracting significant attention and anticipation.
Critical Warning from Cryptocurrency Sleuth: “Stay Away From Altcoin Projects Working With This Market Maker”
Cryptocurrency detective ZachXBT has accused a market maker of engaging in manipulation, cautioning investors to steer clear of altcoin projects associated with the market maker. The allegations were made in a recent statement by ZachXBT.
Ripple Goes on Hiring Spree in Canada
Blockchain company Ripple plans to expand its workforce, with a particular emphasis on Canada. The company is also looking to hire in various other global locations, including London, Singapore, and Australia.
RNDR’s Price Takes A Hit: Analyst Cautions Altcoin Investors
Prominent crypto analyst Crypto Tony cautioned against heavily investing in altcoin, particularly RNDR, as he believes it is not the most opportune moment and expects a final market decline.
3 Must Have Token In 2023 Sui (SUI), Compound (COMP) and Shiba Budz (BUDZ)
The article highlights three tokens that are recommended for investment in 2023: Sui (SUI), Compound (COMP), and Shiba Budz (BUDZ). These tokens have gained attention in the crypto community and are considered worth adding to an investment portfolio.
How much is Bitcoin worth today?
The price of Bitcoin has declined by 4% over the past week, following the Federal Reserve's decision to keep interest rates unchanged. However, long-term Bitcoin holders remain optimistic about the future price of Bitcoin, while short-term holders are securing their profits.
Cartesi rollup network goes live with first app Honeypot
Cartesi, a protocol technology, has successfully launched its first decentralized app called Honeypot on the Ethereum mainnet, showcasing its app-specific rollup protocol and Linux-based virtual machine.
Prominent Analyst Reveals 6 Altcoins to Watch Closely This Week and Why
Cryptocurrency analyst Miles Deutscher has shared a list of altcoins that he will be closely watching this week, as reported in a recent article. For more information, you can read the full article by visiting the provided link.
The Man Who Bought 100 CryptoPunks—Before They Were Famous
Dan Polko, a French NFT collector, was an early investor in CryptoPunks and is now drawing inspiration from 19th-century art collectors.
OP_CHECKSEPARATESIG And Actuaries: Fixing Multiparty Channel Factories
Actuaries can use a simpler OP code to solve the issue of requiring online updates for a channel factory, ensuring trustless transactions.
FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances
FTX has made updates to its Customer Claims Portal to offer greater transparency on derivative positions for customers, which may influence the displayed USD balance but not the overall value of the claims. The valuation of derivative positions is determined by FTX exchange pricing at specific dates and times, with the final USD valuation to be determined at a later stage.
SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms
The U.S. SEC has extended the deadlines for approving or denying the applications from Ark 21Shares and Global X to list spot bitcoin ETFs. The two companies will now have to wait longer for a decision regarding their applications.
Valkyrie eyes October launch for Bitcoin Futures ETF
Asset manager Valkyrie Funds is preparing to introduce a Bitcoin ETF. The company has revised the post-effective date for a leveraged Bitcoin Futures ETF in a recent tweet.
Ordinals Creator Casey Rodarmor Introduces ‘Runes,’ New Fungible Token Protocol for Bitcoin
Casey Rodarmor has introduced a new fungible token protocol called Runes, which he believes could bring revenue, developers, and users to Bitcoin. Rodarmor is the creator of Bitcoin Ordinal inscriptions.
Invest this much USD daily in Bitcoin to own 1 full BTC in a year
The desire to own a whole Bitcoin is highly sought after in cryptocurrency investing due to its potential profitability. However, the divisibility of Bitcoin into smaller units makes it possible for investors to start investing with less than one unit.
Bitcoin Insurance Company AnchorWatch Raises $3 Million to Bring Multisig Mainstream
Ten31, along with Axiom BTC, Bitcoin Magazine Fund, Timechain, and Bitcoin Opportunity Fund, led a funding round.
RockX and Cactus Custody unite to boost institutional crypto staking
RockX, a staking solutions provider, has partnered with Cactus Custody to enhance and simplify the staking process. This collaboration aims to benefit both companies and their customers by improving staking procedures.
Sam Bankman-Fried’s lawyer renews request for temporary release from jail
The lawyer representing Sam Bankman-Fried has requested temporary release from jail in order to prepare for his upcoming trial against the United States Department of Justice. The lawyer argues that they need access to SBF in order to adequately prepare for the trial, as it is highly technical and complex.
Mysterious Announcement from Altcoin Supported by Binance and Upbit!
The price of GLMR increased by 3% after an announcement from the Moonbeam team. It is uncertain whether the rise will continue.
JPEX scandal masterminds still at large as 11 suspects taken into custody: Report
The masterminds behind the alleged crypto exchange scandal in Hong Kong, known as JPEX, have not yet been caught, despite 11 people being questioned by authorities. The scandal is considered the largest financial fraud to hit the city.
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
An investigation by Cointelegraph has revealed that several cryptocurrency platforms, including Bitspay, have been misleading customers about holding specific crypto licenses, despite reporting billions in daily trades on CoinMarketCap. These platforms appear to be engaging in deceptive practices regarding their regulatory compliance in the crypto industry.
Bitcoin, Ether Prices Stay Flat as Traders Eye Return of U.S. Equities Correlation
On Tuesday, major cryptocurrencies experienced a decline of just under 0.5% following the lower closure of U.S. markets.
Decrypt Introduces the 1000x Loyalty Program and Destination for Financial Entertainment
Decrypt Media Inc. has introduced 1000x, the inaugural loyalty program for degens, following the launch of Degen Alley, which expands the site's editorial coverage in the crypto space. Degen Alley embraces uncharted areas within the crypto realm.
Bringing Institutions to Ethereum Through Scalability
Colin Butler, the Global Head of Institutional Capital at Polygon Labs, discusses how institutions find blockchain appealing due to its potential for cost savings, revenue increases, and risk reduction. Polygon aims to enhance Ethereum's liquidity and user base by utilizing zero-knowledge technology for scalability and interoperability across chains, as shared by Butler in an interview with Decrypt's André Beganski during Messari Mainnet 2023.
SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
Cybersecurity firm SlowMist released its weekly security report, which identified seven security incidents resulting in approximately $380,600 in losses. The report highlights an increase in phishing attacks, rug pulls, and new tactics such as DNS hijacking and contract vulnerabilities.
Bitcoin Defends $26K Following MicroStrategy’s Latest BTC Purchase (Market Watch)
MKR has emerged as the top performer in a market with little movement.
Binance CEO CZ Draws on Eleanor Roosevelt Quote to Discuss Market Predictability
Eleanor Roosevelt is celebrated as the First Lady of the United States who championed social justice and human rights. Her contributions, including her involvement in the drafting of the Universal Declaration of Human Rights, have made her an influential figure in activism and leadership.
Why low latency is important for cryptocurrency exchanges, explained
Low latency is crucial for cryptocurrency exchanges to ensure fast order execution and maintain competitiveness. Latency refers to the delay in data movement within a trading system and can affect a trader's ability to carry out orders and make informed choices. There are different types of latency in cryptocurrency trading, including data latency, order execution latency, network latency, software latency, hardware latency, market data feed latency, market latency, and exchange latency. Achieving low latency requires hardware and software optimization, smart order routing, and efficient compliance procedures. However, there are challenges in achieving and maintaining low latency, including cost-effectiveness, security concerns, and scalability.
Forget BlackRock, Here's Why Gaming Industry Could Drive the Next Bitcoin Bull Run
Tech company Microsoft has reportedly leaked plans to integrate a cryptocurrency wallet into its Xbox console, according to leaked documents. The documents also revealed an Xbox roadmap from May 2022 that discussed integrating a cryptocurrency.
Decentralize Derivatives Trading with Custom Blockchain
dYdX is developing a custom blockchain to achieve complete decentralization of derivatives trading. With the new dYdX chain, order books can be operated in memory by validators, ensuring secure and transparent decentralized order matching at a large scale without sacrificing performance.
Dogecoin Price Prediction: Is $DOGE Price Ready to Regain $0.07 Mark?
In the past three days, the Dogecoin price has stayed mostly unchanged at around $0.061, indicating a lack of significant movement. This period of stability, marked by small candle bodies, suggests a lack of clear market direction from both buyers and sellers.
DeFi Tokens Buck Bearish Market Trend as Bond Yields Soar
DeFi protocols that utilize real-world assets are gaining popularity as Treasury notes reach levels not observed since 2007.
Is XRP Getting Squeezed? Price Remains Anemic
XRP's price has been fluctuating between the 200 EMA and a strong support level in the past week, indicating a challenging situation. The historical reliability of this lower support level has provided some stability for XRP.
Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
Bitcoin Ordinals inventor Casey Rodarmor has proposed a new Bitcoin-based fungible token protocol called Runes as a potential alternative to the BRC-20 token standard. Runes aims to minimize the "junk" on the Bitcoin network caused by BRC-20 tokens by using a UTXO-based system.
With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
If you believe that the SEC will approve crypto ETFs in the future, there is a more favorable trade option available compared to investing in Grayscale's GBTC.
Pro-Crypto Lawmakers Blast Gensler for 'Loyalty' to Big Banks
During a Wednesday hearing, Congressman Tom Emmer expressed concerns about the impartiality of the SEC chair when it comes to regulating cryptocurrency.
Immunefi launches on-chain bug bounties through ‘Vaults’ system
The blockchain security platform Immunefi has launched a new system called "Vaults" which allows Web3 developers to escrow funds in an on-chain address and use them to pay out bug bounties to white hat hackers. This system aims to demonstrate to white hat hackers that sufficient funds have been allocated for bug bounties, resulting in more high-quality bug reports being submitted.
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
The Lumerin Hashpower Marketplace allows retail investors to easily access and participate in Bitcoin mining by decentralizing the global hashrate. It offers a unique solution for democratizing the mining process.
Coinbase in Spain – Obtains AML License From Spain’s Top Bank
Cryptocurrency exchange Coinbase has obtained an anti-money laundering (AML) license from the Apex Bank of Spain, expanding its operations in over 120 countries as part of its global expansion plan "Go".
‘Massive’ crypto use cases to surface by 2030 — Coinbase exec
Coinbase's new blockchain, Base, has quickly become a major player in the Ethereum-based layer-2 chain space, hosting numerous decentralized projects and surpassing other layer-2 chains in terms of transactions and new addresses. Coinbase envisions Base as a platform to bring millions of builders and users onto the blockchain, with a focus on reducing costs, improving wallet experiences, and developing better identity infrastructure.