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Prosecutors Probe Sam Bankman-Fried’s Memory in FTX Case Without Jury
27.10.2023
Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive Cross-Examination by Prosecutors in Ongoing Trial...
PEPE soars, community praises Ripple CTO’s cryptic X post
27.10.2023
David Schwartz, the Chief Technical Officer of Ripple, has sparked a rising interest in the minds of PEPE coin holders. This pertains to an X, formerly Twitter, post that David shared on his profile recently. It was a depiction of a frog sitting in the middle of flowers in a lake. The community...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report
27.10.2023
Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer spending. Ethereum moved below the $1,800 level...
What cryptos to choose for late 2023?
27.10.2023
The crypto market is still uncertain, and many investors are confused about whether it is the right time to buy or sell. Although the crypto market has always bounced back from a bearish period, every bear phase has casualties that may not experience a strong recovery. Hence, investors must conduct...
Kaspersky Unveils Powerful Malware Posing as Crypto Miner Infecting Over 1 Million Computers
27.10.2023
Global cybersecurity and digital privacy firm Kaspersky’s researchers have discovered highly sophisticated malware affecting over a million victims since 2017. The malware – “StripedFly” – initially masqueraded as a cryptocurrency miner and was later found to be...
Turkey Projects Finalization of Cryptocurrency Taxes by Next Year
27.10.2023
Turkish government intends to establish a regulatory framework for crypto assets, including plans to tax these digital assets, starting 2024. The regulatory measure came as a part of the government’s 2024 Presidential Annual Program, unveiled on Wednesday. The translated document sheds light...
XRP’s rebound: Charting the future against the US Dollar
27.10.2023
XRP and several other digital currencies have benefited from the recent surge in Bitcoin prices, driven by the introduction of exchange-traded funds (ETFs). Currently, the XRP chart displays a significant increase in its price, signifying a strong buying trend. This uptick aligns with the overall...
Vitalik Buterin backs Nocturne Labs’ vision for private Ethereum accounts
27.10.2023
Nocturne Labs, a blockchain startup dedicated to enhancing the privacy and security of Ethereum transactions, recently announced its successful completion of a $5 million funding round. The company has gained recognition in the industry for its innovative approach to creating private...
Parity Technologies layoffs raise concerns about Polkadot’s future
27.10.2023
Parity Technologies recently announced laying off 30% of its staff. This roughly equates to 100 employees. There are two sides to this story: employees are claiming that Parity is trying to save itself from financial struggles, and the company is claiming that it is part of the process...
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
27.10.2023
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic...
Cardano update 2023: Key insights for investors and users
27.10.2023
Cardano, a prominent blockchain platform, has garnered significant attention due to its resilience, extensive capabilities, and strong academic foundation. As a decentralized third-generation proof-of-stake blockchain network, Cardano is also the home for the ADA cryptocurrency. Cardano stands...
BTCC Exchange Launches Futures Copy Trading with High-Profit Sharing
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Established in 2011, BTCC exchange is one of the longest-running and most trustworthy cryptocurrency exchanges. The company has recently announced the launch of its highly anticipated copy...
Missed BINANCE Don’t Missed OTX-Open Trade Exchange
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In a dynamic twist to the ever-evolving cryptocurrency market, a new player has emerged on the scene — OTX Exchange. Positioned as a formidable competitor to the industry titan...
Report: Crypto Custodians Are Evolving to Provide More Services
27.10.2023
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world assets (RWA) custody, and investment product-related...
Bitcoin Price Prediction: BTC Steady Near $34,000 Amid ETF Buzz, UK Law & FTX’s Crypto Shift
27.10.2023
Bitcoin , the pioneering cryptocurrency, faced a slight setback as it dipped to 34,146, marking a nearly 1.75% decline this Friday. This downturn comes amidst a flurry of activity in the crypto sphere. The US Securities and Exchange Commission (SEC) has been flooded with eight to ten potential...
Prosegur to Build Secure Crypto Bunker in Brazil
27.10.2023
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measures in case of an invasion by attackers. Prosegur...
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
27.10.2023
Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven new devices. The following provides a look at...
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
27.10.2023
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...
Bitcoin Price Prediction as BTC Builds New Support at $34,500 – When is The Next Leg Up?
26.10.2023
Bitcoin , the pioneering cryptocurrency, remains strong on Thursday morning, comfortably hovering around the $34,000 mark. The total market cap of all digital currencies has climbed to an impressive $1.27 trillion, reflecting a 1.33% increase over the last 24 hours. Over the past week, Bitcoin...
Investor Greed Increases Amid Bitcoin ETF Anticipation
26.10.2023
With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto market entered the green zone of the scale this...