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Binance to Sunset Visa Crypto Card as 2023 Sees Decline in Digital Debit Cards
21.10.2023
Several reports have revealed that Binance, which is recognized as the leading crypto exchange by trading volume, intends to discontinue its Visa crypto card on December 20, 2023. The enterprise emphasized that only a “small number of Binance users” would be affected by this...
Singapore court authorizes freeze order attached to wallets as soulbound NFT
20.10.2023
A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
Amid Rising Bitcoin ETF Hopes, Critics Warn of Vulnerability and Echoes of Precious Metal Manipulation
20.10.2023
In recent months, the buzz around a potential bitcoin exchange-traded fund (ETF) has surged, echoing in its climbing price. But the enthusiasm isn’t universal. Some fear a spot bitcoin ETF could make BTC vulnerable, much like the gold and silver markets. The approval might open doors...
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
20.10.2023
XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over...
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000 as ETF Hopes Intensify
20.10.2023
Bitcoin rallied to a three-month high on Friday, as market optimism grew that the Securities and Exchange Commission (SEC) could soon approve several spot bitcoin ETFs. As reported yesterday, SEC Chair Gary Gensler stated that the regulator is currently reviewing up to ten filings for the product....
XRP price prediction for Q4 2023: Will the sec lawsuit impact the price
20.10.2023
Technical Analysis Ripple native token XRP is trading at $0.51. This is a jump of 6.40% (approximately) in the last 24 hours. However, the 50-SMA and 200-SMA reflect that there could be a possible uptrend in the coming days as a result of the SEC’s recent dismissal of the charges against Ripple....
Coinbase: ‘Overwhelming Majority’ of Terror-Related Funding Still Funneled via Traditional Financial Systems
20.10.2023
According to Coinbase, an overwhelming majority of terror-related funding is still done via traditional financial systems. The crypto exchange suggested that terrorist organizations that do receive crypto funding normally use “offshore entities” when attempting liquidate such digital...
Chainlink’s volume drops as token unlock looms: Will LINK price fall?
20.10.2023
Similar to Bitcoin, Ethereum, Dogecoin, Chainlink (LINK) stands as one of the most coveted and notable cryptocurrencies that ride high on success. This cryptocurrency is well known for its seamless decentralized oracle network and has revolutionized the crypto world, sparking the interest of crypto...
Tron in 2024: What to expect from this growing ecosystem
20.10.2023
Tron, a blockchain-based platform launched in 2017 by the Tron Foundation, a Singapore non-profit organization, is all about creating a global entertainment hub for sharing digital content affordably. It operates its cryptocurrency called Tronix (TRX). Like Ethereum, Tron employs blockchain...
Crypto’s Role in Terrorism Financing Overestimated, Chainalysis Shows
20.10.2023
Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing amid ongoing hostilities in the Middle East....
Binance signs EUR payment partnerships with new fiat partners
20.10.2023
Binance recently announced a string of new partnerships with fiat service providers. The world’s biggest crypto exchange is trying to expand its services in Europe with the move. According to the official announcement, Binance has signed agreements with several European fiat partners. It will help...
Grayscale files an appeal with SEC
20.10.2023
Grayscale Investments filed an appeal with the US Securities and Exchange Commission in the form of a registration statement on Form S-3 for listing the shares of Grayscale Bitcoin Trust (BTC). This will fall under the Securities Act of 1933. The commonly adopted practice is for issuers to file...
Peter Schiff: ‘No One Needs Bitcoin’
20.10.2023
Peter Schiff, a renowned economist and gold bug, has criticized Bitcoin’s role and utility in today’s economy. According to Schiff’s remarks, Bitcoin is useless, and its advocates are like a cult, trying to convince people to buy bitcoin after buying it themselves. Peter Schiff:...
Ripple’s XRP transaction surge fuels market buzz
20.10.2023
Ripple, a prominent player in cryptocurrencies and real-time gross settlement systems has consistently made headlines since its inception in 2012. It’s best known for its digital payment protocol more than its cryptocurrency, XRP. Ripple is well-known for its digital payment system, which...
A SWIFT Shakeup: Yuan Dethrones Euro as Runner-Up in Trade Finance Markets
20.10.2023
The latest report published by the Society for Worldwide Interbank Financial Telecommunications (SWIFT) has revealed that the Chinese yuan overtook the euro as the second most used currency in trade finance markets. However, the dollar is still comfortably in first place, with more than an...
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...
Great Awakenings — Dormant 2012 Bitcoin Wallet’s $5.7M Spend Linked to October’s Initial 2012 Transfer
20.10.2023
On October 19, 2023, a dormant bitcoin address from 2012 sprang to life at block height 812,946, moving 200 BTC worth $5.74 million for the first time in nearly 11 years. This activity coincides with a recent surge of transfers from 2012 addresses, which began in early September. October Witnesses...
SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’
20.10.2023
The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and co-founder Chris Larsen. “The SEC made a serious mistake going after Brad & Chris personally — and now, they’ve capitulated, dismissing...