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Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil
27.10.2023
The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes. The Bloomberg Billionaire Index Index released on Oct 26, shows the net worth of Zhao cut by $11.9 billion, a massive decline from his $96.9 billion...
New Presale Milestone – Chimpzee Burns 1 Billion Tokens, Makes Donations to Save Wildlife in Ukraine
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee presale is closing in on its conclusion as it enters the 14th stage. There are 16 stages in the presale in total. Investors are piling in on the presale to hoard CHMPZ tokens...
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...
Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?
26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...
“We Obtained Judgments Worth $5 Billion” Gary Gensler Recounts Achievements Amid Backlash
26.10.2023
The head of the Securities and Exchange Commission (SEC) Gary Gensler disclosed a summary of the agency’s performance in its quest to promote a more transparent market. In his speech at the 2023 Securities Enforcement Forum titled, “Partners of Honest Business and Prosecutors...
Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto
26.10.2023
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors
JPMorgan Coin handles over $1 billion in daily transactions, executive says
26.10.2023
This represents a massive surge since the last update in June when the company said that $300 million were transacted in the first three years after the launch of JPMorgan Coin
Nigeria Plans to Include Fintechs in Broadened Official Currency Market
26.10.2023
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive...
JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements
26.10.2023
JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed. Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in...
Is It Too Late to Buy Mina Protocol? MINA Price Rockets Up with $1 Billion Volume as New Telegram Casino Surpasses $1.5 Million
25.10.2023
As bullish movements sweep the market, Mina Protocol (MINA) has rocketed up to $1bn in volume, but with price entering retracement is it too late to buy Mina protocol?
The retracement appears to have been triggered by a recoil in trading volume following the $1bn mark, with 24-hour trading volume...
XRP Price Prediction as Daily Trading Volume Exceeds $3 Billion For the First Time in 3 Months – Can XRP Reach $3 Soon?
25.10.2023
The XRP price has gained by 0.5% in the past 24 hours, with its move to $0.552306 also representing a 12% increase in the past week, as the market rides a wave of Bitcoin ETF-related positivity.
XRP is now up by 13% in a fortnight and by 62% since the beginning of the year, which has been defined...
Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity
25.10.2023
Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said...
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
24.10.2023
Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant...
Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
24.10.2023
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...
Ethereum Price Prediction as Market Cap Hits $200 Billion: What's Next for ETH?
23.10.2023
Ether (ETH), the cryptocurrency that powers the layer-1 smart-contract-enabled Ethereum blockchain, is rising in tandem with the broader crypto market on Monday and was last up around 3% over the past 24 hours, as per CoinGecko.
The cryptocurrency’s latest rally has seen it reclaim a market cap...
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
23.10.2023
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a roadblock, as Deputy Minister of Finance Julapun Amornvivat announced a delay in the program's launch, local media outlets reported.
The initiative aimed to provide...
Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...
Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?
22.10.2023
Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally, signifying renewed confidence from institutional and retail investors alike. ...
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Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B hole
20.10.2023
According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing
Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman With BTC, Beluga Raises $4 Million
20.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman...