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Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...
SEC Chair Gensler Wishes Bitcoin’s White Paper Happy Anniversary With Warning for Crypto Firms
1.11.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has wished Bitcoin’s white paper a happy anniversary. In addition to his playful remark about Bitcoin creator Satoshi Nakamoto dressing up in a Halloween costume, Gensler issued a stern warning to crypto firms, emphasizing...
Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law
1.11.2023
Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust Ties In an addendum to earlier requests,...
XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On?
31.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger launched by US fintech firm Ripple Labs back in 2011, has jumped nearly 8% in the past seven days, with more than 3.5% of these gains coming in the last 24 hours after XRP hit $0.60 for the first time since mid-August on Tuesday. XRP...
Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges
31.10.2023
In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and Exchange Commission (SEC). Terraform Labs and...
Bitfinex Lands on UK Financial Watchdog’s Warning List for Unauthorized Promotion of Financial Services
31.10.2023
The Financial Conduct Authority (FCA) in the UK has raised concerns about Bitfinex, a cryptocurrency exchange, that it may be promoting financial services or products without the FCA’s permission. On October 27, the FCA in the UK issued a public warning regarding Bitfinex, expressing concerns...
Bankman-Fried’s Memory Fails Him in Court as Prosecution Delves Into Alameda’s Preferential Treatment
31.10.2023
Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part of the day, with Bankman-Fried often struggling to recollect particular remarks he had uttered and specific instructions...
Celebrating 15 Years of Bitcoin: Unraveling Satoshi Nakamoto’s Seminal White Paper
31.10.2023
Fifteen years ago, on a memorable Halloween night, Satoshi Nakamoto introduced the world to Bitcoin through a white paper that laid the foundation for decentralized digital currencies. Published on a cryptography mailing list, this seminal document provided a comprehensive solution to...
Betpanda Review, Bonuses & Promo Codes 2023
31.10.2023
Betpanda is a popular cryptocurrency casino that offers instant Bitcoin payouts, thousands of games, and anonymous accounts. This Betpanda Review takes a deep dive into the casino, exploring everything there is to know. Read on to determine whether Betpand is the right gambling platform for you....
Biggest Movers: XRP 8% Higher, Hitting 10-Week High
31.10.2023
XRP was one of the biggest gainers on Tuesday, as price rose by as much as 8% in today’s session. The surge pushed the token to its strongest level since the middle of August, and closer to a key resistance zone. Toncoin was another notable gainer, climbing by over 6% today. XRP...
Fantom eyes to kickstart Q4 on Q3’s high note
31.10.2023
Fantom has registered good figures in the third quarter of 2023, setting a nice tune for the concluding quarter of the same year. For instance, there has been an increase of 106% on a quarter-to-quarter basis for average daily new addresses. Similarly, average daily active addresses have gone up...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $35,000 Ahead of US Consumer Confidence Report
31.10.2023
Bitcoin continued to trade under the $35,000 level on Tuesday, as markets prepared for the upcoming U.S. consumer confidence report. It is expected that the confidence index will come in at a reading of 100 in October, down from 103 the month prior. Ethereum remains above $1,800. Bitcoin Bitcoin...
Ripple Labs and Hong Kong’s Fubon Bank Team to Offer Property Equity Access to Locals
31.10.2023
Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents. The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case...
Crypto bull market ahead: BTCS and ETH opportunities await
31.10.2023
Investors have questioned the future of digital assets recently due to turbulent changes in the cryptocurrency market. But as institutional interest grows and mainstream adoption continues, we could be on the edge of another price blast. All eyes are on Bitcoin Spark (BTCS) and Ethereum (ETH) as...
Nigerian Fintech Startup Vella Finance Drops Crypto-Related Services
31.10.2023
The Nigerian fintech Vella Finance recently informed users and subscribers that it would stop offering crypto related services starting on Oct. 30. According to co-founder Tolu Adedayo, offering crypto and banking services at the same time is not feasible, hence the decision to drop the former....
Cardano’s Q3’23 performance report goes public
31.10.2023
The numbers for Cardano for the third quarter of 2023 are pretty interesting and worth noting. Its active wallet addresses on a daily average have gone down to 41,137 in comparison to the previous quarter. The change is rather steep when looked at from the perspective of YTD. The ADA price has come...
Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai
31.10.2023
The Backpack exchange has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement
Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022
31.10.2023
While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars...
Web3 Wallet Backpack Launches Registered Crypto Business in Dubai
31.10.2023
Backpack , an all-in-one Web3 wallet, has become the latest to receive a Virtual Asset Service Provider (VASP) license in Dubai. The approval will enable Backpack to launch a regulated cryptocurrency exchange service in the city. Per the company’s press release, Backpack Exchange is set...
On-chain staking for ATOM and EGLD on Crypto.com App
31.10.2023
Crypto.com recently announced adding EGLD and ATOM to its on-chain staking list. The announcement was made on the official X/Twitter account of Crypto.com. The exchange now allows users to stake ATOM and EGLD on its app. Thus, users can secure the MultiversX and Cosmos blockchains while earning...