Search
SEC Opposes Celsius Plan to Use Coinbase as Distribution Agent for International Customers
26.9.2023
On Monday, September 25, the United States Securities and Exchange Commission (SEC) opposed the crypto firm Celsius Network's proposal to involve Coinbase as part of its bankruptcy and reorganization plan.
Last week, in the Friday lawsuit, Celsius stated its plans to use Coinbase to distribute...
Crypto-Friendly UK Home for Financial Innovation, Ripple Co-Founder Says
26.9.2023
The United Kingdom is “a home for financial and technological innovation,” according to Chris Larsen, co-founder and executive chairman of US fintech and blockchain firm Ripple.
The comment from Ripple’s co-founder came in response to a video shared by UK Chancellor Jeremy Hunt on social media...
Optimism Plunges 9.29% Ahead of $30 Million Token Unlock -What’s Going On?
26.9.2023
Ethereum layer 2 network Optimism faces headwinds as its price slumps nearly 10% in the week ahead of the planned token unlock on Sept 30.
At press time, the price of OP exchanges hands at $1.26 falling by 9.29% over the past seven days. After a sharp fall slightly above 3% yesterday, the token...
Nine Crypto Firms in Taiwan Form Working Committee to Foster Regulatory Push
26.9.2023
Taiwan’s crypto community is coming forward to establish a working group in mid-October to “effectively integrate” digital currency adoption and self-compliance, in a move to “establish an effective and smooth communication channel with the government.”
According to a press release, nine...
Layer 2 Network Optimism Announces $26 Million Airdrop to 31,870 Wallets
26.9.2023
Layer 2 network Optimism announced the third airdrop of OP tokens to 31,870 qualified addresses aimed at bolstering community participation.
In an announcement on X (formerly Twitter), the company stated that the airdrop will see it allocate 19.4 million OP tokens approximately $26 million...
Crypto Exchange Gemini Unveils $24 Million Investment Plan to Expand Presence in India
26.9.2023
Crypto exchange Gemini has unveiled plans to significantly expand its presence in India by investing INR 200 crore (approximately $24 million USD) over the next two years.
The move comes as Gemini inaugurates its office within the Cyber Hub at Campus Cyber Greens in Gurgaon.
Currently, Gemini...
Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches
26.9.2023
The defense team representing Sam Bankman-Fried has renewed their plea for his temporary release ahead of the highly anticipated trial.
The request, outlined in a recent court filing, cites challenges faced by Bankman-Fried's attorneys in preparing a defense while their client remains...
ECB Chief Lagarde Says Digital Euro is “Not Yet Out There” and Would Take Two Years
26.9.2023
European Central Bank’s (ECB) president Christine Lagarde said that there is a lot going on in crypto, however, a ‘digital Euro’ pilot “will probably take us another two years, at least, before it’s the final say.”
Addressing lawmakers at the EU Parliament's Economic and Monetary Affairs Committee...
Celsius Creditors Vote in Favor of Crypto Repayment and Equity Distribution Plan
26.9.2023
Creditors in the Celsius bankruptcy case have voted in favor of a comprehensive plan, paving the way for the return of funds and the equitable distribution of assets through the establishment of a new entity.
As per September 25th filing by the bankruptcy firm Stretto, the majority of creditor...
Binance Resumes Registration for Belgian Users After 2 Months Suspension
26.9.2023
Binance, the major cryptocurrency exchange, has announced the resumption of user registration and access in Belgium. This comes after the Financial Services and Markets Authority (FSMA) ordered the suspension of Binance's services in June.
The FSMA stated that Binance was providing exchange...
Crypto Influencer BitBoy Crypto Arrested While Livestreaming on YouTube
26.9.2023
Crypto influencer Ben Armstrong, formerly known as BitBoy Crypto, was arrested by the police while live-streaming on YouTube.
Earlier today, the crypto influencer had posted on X that he will be going live on YouTube from a very special location.
Armstrong intended to confront an individual...
Despite Facing Corruption Allegations, Senator Advocates for Stricter Crypto and Bitcoin Oversight
26.9.2023
U.S. Senator Robert Menendez (D-N.J.), a vocal critic of cryptocurrencies like Bitcoin, finds himself at the center of a political corruption scandal.
Menendez has been charged with bribery, allegedly accepting a variety of illicit gifts, including gold, cash, and mortgage payments, in exchange...
Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement
26.9.2023
The issue of crypto regulation in the United States has intensified following outspoken criticisms from John Reed Stark, a former SEC official, on Saturday. ...
Read More: Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement
Cross-Chain Partnership Between Swarm and Wrapped Expands DeFi Capabilities
26.9.2023
Swarm and Wrapped entered into a partnership on September 7 to improve Wrapped.com's existing services for transferring cryptocurrencies between different blockchain networks. The main goal is to make it easier to convert, or "wrap," cryptocurrencies for use in decentralized finance, commonly known...
Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened?
25.9.2023
Global cryptocurrency exchange Huobi was the victim of a cyberattack that resulted in the theft of 5,000 ETH worth approximately $7.9 million.
CyversAlerts, a reliable crypto security company, was the first to report the attack.
The blockchain firm stated that the attack was successful due to...
NASA plans to prove its next Moon landing is real using blockchain
25.9.2023
The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon
Digital Asset Products Record Outflows In Sixth Consecutive Week, Europe Overtakes US in Bullish Stance: CoinShares Report
25.9.2023
Cryptocurrency investment products recorded outflows for the sixth consecutive week with market leaders Bitcoin (BTC) and Ethereum (ETH) leading the pack.
A new CoinShares market report shows total outflows from digital asset products totaling $9 million with BTC accounting for $6 million in...
Vitalik Buterin Shifts 400 Ether to Coinbase: Ethereum Co-Founder Moves $3.79M in 10 Days
25.9.2023
Blockchain metrics indicate that an Ethereum-linked address tied to co-founder Vitalik Buterin transferred 400 ETH to Coinbase on September 24. Spotonchain’s data shows that over a ten-day stretch, Buterin’s address funneled a cumulative 2,421 ETH to mainstream exchanges. Address...
Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation
25.9.2023
Senator Kirsten Gillibrand is in talks with her Democrat colleagues in the Senate to support cryptocurrency regulation amid speculations of a government shutdown.
Speaking at the Mainnet Conference on Sept 22, Gillibrand noted that she is on track to convince her party members to embrace more...
Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M
25.9.2023
The North Korean hacking group known as Lazarus Group reportedly has holdings of over $47 million in cryptocurrency, with the majority in Bitcoin (BTC).
According to a report from the institutional crypto platform provider 21.co, wallets connected to Lazarus Group contain around 1,600 Bitcoin...