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Chainalysis Latam Report Highlights Major Crypto Growth Milestone in Surprising Nation
12.10.2024
A Chainalysis report reveals that Argentina surpassed Brazil in cryptocurrency value received during the period examined, highlighting the high adoption of stablecoins in Latin America. However, Venezuela was the market that grew the most, rising by 110% despite the current political and economic...
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
12.10.2024
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price...
Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case
12.10.2024
Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite...
Crypto Firms Eye Top Football League Sponsorships as Gambling Platforms Get Ousted
12.10.2024
Crypto firms are making a big entrance into the Premier League this year, reaching an all-time high in the money spent on sponsorship deals. These firms, including high-profile crypto exchanges and decentralized finance platforms, aim to replace traditional gambling brands that are being ousted...
Russian Finance Minister: Western Policies Hurt the US Dollar
11.10.2024
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets...
Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million
11.10.2024
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet:...
Fairdesk crypto exchange to shut down over regulatory concerns
11.10.2024
The Singapore-based exchange will officially shutter on Nov. 30, 2024
Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations
11.10.2024
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of...
New Twist in Mt Gox Repayments: Creditors to Wait Until 2025
11.10.2024
Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays...
Trump’s World Liberty Financial Announces Bold Plan — But Will It Work?
11.10.2024
The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible...
Ether ETFs Buck the Trend: How Much Did They Pull in While Bitcoin ETFs Struggled?
11.10.2024
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session. Bitcoin ETFs Tumble, Ether Funds Walk Away...
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
11.10.2024
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading...
Nigerian court denies bail for Binance exec despite health concerns
11.10.2024
Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable
Uniswap Labs Introduces Scalability-Focused Ethereum L2
11.10.2024
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind....
Daily Crypto Update: Market Stabilizes, Traders Remain Cautious
11.10.2024
The crypto market is showing signs of stability before the weekend. Bitcoin is staying above the 60,500-dollar mark,…
MOODENG Continues to Pump, Dogizen Presale Keeps Climbing
11.10.2024
Hippo-themed meme coin MOODENG is trending worldwide as it draws further into the mainstream, hitting a $135 million…
Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement
11.10.2024
After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act, the case centers on GS Partners’ Metacertificates and a multi-level...
Crypto staking Jarretts again sue IRS over block reward taxes
11.10.2024
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
FBI Warns Investors of Growing Crypto Scams Amid Billion-Dollar Losses
11.10.2024
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before...
London Man Denies Running Illegal Cryptocurrency ATMs
11.10.2024
A London resident has denied charges of operating an illegal cryptocurrency ATM business and laundering criminal proceeds. The individual is accused of converting £300,000 into digital currencies without Financial Conduct Authority (FCA) authorization. The regulator stressed that there are no legal...