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Accused 'shadow banker' Reggie Fowler seeks a 6-month sentencing delay
12.9.2022
The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe
Elon Musk, Cathie Wood sound 'deflation' alarm — is Bitcoin at risk of falling below $14K?
12.9.2022
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate
Three Types of Cross-Chain Infrastructures That Are Genuinely Solving the Interoperability Dilemma
12.9.2022
Currently, there are several smart contract blockchain networks, most of which have been operating in silos. DeFi natives could hardly move assets across different chains until recently; however, the debut of cross-chain solutions/bridges is gradually changing the landscape. By nature, cross-chain...
SEC Enforcement Director Gurbir Grewal Says Actions to Continue, Not Giving Crypto a Pass
12.9.2022
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) continues efforts to bring the crypto industry under securities overreach. Gurbir Grewal, the director of the enforcement division, has reiterated that the crypto industry should not expect to get a pass from...
64% of staked ETH controlled by five entities — Nansen
12.9.2022
New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms
Bitcoin proponent claims PoS rewards aren't 'yields,' Vitalik snaps back
12.9.2022
Buterin responded to criticism by claiming PoW-based mining rewards are not much different from the PoS system, however, Wertheimer was quick to point out the differences
Bitcoin, Ethereum Technical Analysis: BTC Extends Gains, ETH Consolidates Ahead of The Merge
12.9.2022
After rising to a multi-week high over the weekend, ethereum consolidated on Monday, as market uncertainty increased ahead of tomorrow’s Merge. The token, which continues to trade above $1,700, fell from Sunday’s high, as bulls likely liquidated previous positions. Bitcoin remained...
Huobi to delist Monero and other privacy coins, citing regulatory pressures
12.9.2022
The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins
Florida Crypto Scam Trader of EmpiresX Pleads Guilty of Defrauding Investors of $100m
12.9.2022
A Florida man has pleaded guilty to conspiracy to commit securities fraud with a crypto Ponzi scheme that defrauded investors of about USD 100m.
The man, identified as the 28-year-old Joshua David Nicholas, was working as “Head Trader” at the purported crypto platform EmpiresX, which he and others...
Why Terra Luna and Terra Classic Prices are Down Today - Can LUNA and LUNC Bounce Back?
12.9.2022
The survival of the Terra ecosystem has been one of the most intriguing developments in the cryptocurrency market this year. Despite being nearly obliterated due to the market downturn and eventual depegging of the UST stablecoin, Terra Classic (LUNC) and Terra Luna (LUNA) have been putting up...
Ford Files 19 Trademark Applications Preparing a Possible Metaverse Push
12.9.2022
Leading automotive company Ford has filed 19 trademark applications related to possible metaverse activities. In the documents, the company hints at the potential launch of Ford-branded NFTs (non-fungible tokens) on its own marketplace, and also refers to the offering of virtual models of its cars...
Bitcoin and Ethereum Consolidate, GLM Surges, NEAR and SOL Rally
12.9.2022
Bitcoin price gained pace and settled above the USD 22,000 resistance. BTC is currently (11:00 UTC) consolidating gains above USD 22,000. A clear move above USD 22,500 might start another increase in the near term.
Similarly, most major altcoins are showing positive signs. ETH might rally if...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is advancing its plans to establish a new office tasked with filings related to crypto assets. The agency expects the new entity will be established later this fall.
Under the plan, the new Office of Crypto Assets will be set up along with...
Bitpapa Enters Kenyan Cryptocurrency Market
12.9.2022
PRESS RELEASE. In the face of financial regulators’ overall negative attitude toward digital assets, P2P marketplaces have become the platforms of choice across Africa. As the world leader in P2P cryptocurrency exchange, Kenya has drawn much attention from many P2P exchange service...
Web3 Domain Names Are Overtaking Apes in Trading Volume on OpenSea
12.9.2022
Trading volume for domain names for Web3 sites has overtaken digital art pieces from the famous Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible token (NFT) collections.
Based on trading data from NFT marketplace OpenSea, ENS has now become the top NFT project on Ethereum...
Plaintiffs file for Dave Portnoy’s dismissal from SafeMoon lawsuit
12.9.2022
Barstool Sports founder Dave Portnoy highlighted that he told people that the project may be a scam before he made his investment
South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
Juno Collaborates With Polygon
12.9.2022
Rapid on-ramps to USDC are now supported by Juno App and Juno Pay on Polygon, the ETH-based scalability solution for web3 apps. Users will have one of the greatest experiences viewing web3 on Polygon thanks to their agreement. To earn, invest, and invest both fiat money and cryptocurrency, Juno...
ETH Holders on BNB Chain to Seamlessly Pick Up ETH PoW Airdrop
12.9.2022
Binance has announced extending the support to ETH holders on BNB Chain for ETH PoW airdrop. ETH holders can seamlessly get their fair share of the airdrop without bridging their ETH tokens to the Ethereum mainnet. The Ethereum is expected to happen sometime between September 13, 2022,...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is set to create a new office to handle the review of company filings related to crypto assets. Named the Office of Crypto Assets, it will be under the SEC's Division of Corporate Finance as part of its Disclosure Review Program (DRP). ...
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