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Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
20.9.2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want...
Economist Peter Schiff Warns of ‘Tragic Ending’ and US Dollar Collapse — Says ‘Day of Reckoning Is at Hand’
20.9.2023
Economist Peter Schiff has warned that the U.S. economy is headed for a tragic ending. “We’re going to have a dollar crisis and a sovereign debt crisis,” he stressed, cautioning that the Federal Reserve is “going to print money until the dollar collapses.” He added: “I think...
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
20.9.2023
New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance...
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
20.9.2023
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash (J/T). This announcement from Microbt closely follows...
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
19.9.2023
The company filed for bankruptcy in August
Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges
19.9.2023
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago
Here are the 3 Most Bullish Artificial Intelligence Cryptos in 2023: AGIX, RNDR, YPRED
19.9.2023
In stock markets worldwide, an estimated 60 to 75% of trading is now governed by algorithms according to Economic Times, ranging from high-frequency trading to bots and algo portfolio management. Among these, AI crypto technologies have started to make their presence felt as well....
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Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision
19.9.2023
The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy
Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover
19.9.2023
According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX Takeover Faces Resistance from Hodlnaut’s Judicial...
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
19.9.2023
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
Does Coinbase Have a Diversification Problem?
19.9.2023
The ‘Family Business’ — FTX Founder’s Parents Accused of Siphoning Millions From Bankrupt Exchange
19.9.2023
The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried firmly assert that the allegations are “completely false.”...
Crypto Wants a De Minimis Tax Exemption in the U.S.
19.9.2023
The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this...
Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
19.9.2023
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
19.9.2023
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus
Eventually, We Are All Ethereum
19.9.2023
History suggests that, slowly but surely, all layer 2s will migrate to the Ethereum, says EY’s Global Blockchain Leader
Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
19.9.2023
The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an astonishing 440,760 inscriptions in a single...
Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail
19.9.2023
The one-time crypto exchange executive has made several arguments to get out of jail before his trial
Biggest Movers: TON Hits 7-Month High, After Rising 50% in the Last Week
19.9.2023
Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate...