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Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance
21.9.2023
The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing that those crypto firms” are financial...
NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth
21.9.2023
The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume
Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors
21.9.2023
Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment solutions.” Laser Digital’s Bitcoin Adoption Fund...
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud
21.9.2023
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to the U.S. Justice...
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
Best Crypto to Buy Now September 20 – XDC Network, Kaspa, Toncoin
20.9.2023
Following a major security breach that compromised $70 million in crypto assets last week, Hong Kong-based exchange CoinEx has begun gradually resuming withdrawals and deposits on its platform.
CoinEx anticipates the complete restoration of its wallet system by tomorrow, September 21.
With CoinEx...
Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca
20.9.2023
The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for...
Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo
20.9.2023
On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming weeks.” Paypal Stablecoin PYUSD Makes Its Way to Venmo...
SEC’s Crypto Chief Signals Ramp-Up in Enforcement: ‘We’re Going to Continue to Bring Those Charges’
20.9.2023
According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an...
Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday
20.9.2023
XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process....
Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years
20.9.2023
In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012 mobilized 519.95...
What will happen to Bitcoin Cash after the halving?
20.9.2023
Like Bitcoin (BTC), Litecoin (LTC), and other major altcoins, the Bitcoin Cash (BCH) protocol also witnesses a major halving mechanism that happens every 4 years or 210,000 blocks on the Bitcoin Cash blockchain network. Once 210,000 blocks are added to Bitcoin Cash, the rewards miners in...
Rollbit coin down 5% as Gainzy switches to Stake sponsorship
20.9.2023
Gainzy, an anonymous crypto Twitter user, stands out in huge crypto deals. Changing his endorsement from one crypto betting platform to another has garnered attention, especially when the first company’s digital coin value lowers. The two among the best crypto sportsbooks online, Rollbit...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision
20.9.2023
Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session....
CoinEX to resume service with new wallet system following $70M hack
20.9.2023
CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies
Will the Filecoin (FIL) price go back up soon?
20.9.2023
Filecoin (FIL) is a decentralized storage network and cryptocurrency backed by Google Ventures and Protocol Labs. It promises to bring a new level of efficiency, security, and availability to the world’s digital information. Since it was released in August 2020, Filecoin has seen an impressive...
Everlodge’s $250k triumph: Stellar & Compound watchers set sights on presale surge
20.9.2023
Everlodge (ELDG) is making waves in the cryptocurrency market with its recent triumph of $250k. This promising rise has caught the attention of both Stellar (XLM) and Compound (COMP) watchers, who are closely monitoring its progress through the presale stage. Let’s jump into the details...
Analyzing returns: $DOMI’s 28% surge vs EOS & DAI’s stable play
20.9.2023
In crypto, investment choices vary from the promise of stability to the allure of innovation. In this analysis, we delve into three distinct options: $EOS, celebrated for its scalability and governance; Domini.art ($DOMI), an art investment platform with a recent surge, and DAI, the decentralized...
Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives
20.9.2023
Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government Reportedly Intervenes in Worldcoin-Related Detainment...
USDC goes live on Polkadot’s Asset Hub
20.9.2023
Polkadot has announced that USDC is live in its Asset Hub, enabling parachains to access the stablecoin without having to leverage the capabilities of a bridge. It is likely to contribute to liquidity for parachains. USDC is a stablecoin that is pegged to the US dollar in a 1:1 ratio. It carries...