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Biggest Crypto Gainers Today on DEXTools – Godzilla, AOKIJI, DEE
11.10.2023
Blue chip cryptocurrency prices are lower across the board on Wednesday in wake of the latest US Producer Price Index (PPI) inflation numbers, which came in hotter than expected.
Bitcoin (BTC) was down close to 2.5% on the day and back in the mid-$26,000s, its lowest level of the month so...
Today in Crypto: New Monopoly Edition to Showcase Crypto, Tokens.com Launches Customized Multiplayer Game in Fortnite for Sleep Tech Company
11.10.2023
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: New Monopoly Edition to Showcase Crypto, Tokens.com Launches Customized Multiplayer Game in Fortnite...
Rebuilding Reputation: Crypto Industry Seeks Legal and Compliance Experts
11.10.2023
The cryptocurrency industry has been grappling with major challenges, including the collapse of FTX, fraud allegations, and the fall of some other high-profile companies.
This has created a need for legal and compliance professionals in the crypto sector, particularly due to the growing...
Is dYdX Going to Zero? DYDX Price Plunges 7% as Fresh Altcoin Races Past $450,000 Milestone
11.10.2023
Leading crypto DEX dYdX has seen native token DYDX tumble -7% in tumultous loss of 20DMA support, but is dYdX going to zero? Find out here.
The sudden drop has left dYdX holders reeling, as the token enters the biggest losers for October 11 - beaten only by top tokens IOTA and Tezos.
Yet,...
US Supermarket Trader Joe’s Takes Legal Action Against Crypto Project Over Name Resemblance
11.10.2023
Popular US supermarket chain Trader Joe’s has sued decentralized exchange (DEX) Trader Joe for federal trademark infringement.
According to the filing, the DEX’s branding is designed to allow it to profit from the supermarket’s reputation by “causing confusion as to the source, sponsorship...
Indian Government Collects Over $12 Million From Crypto Taxes
11.10.2023
India’s Central Board of Direct Taxes (CBDT) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year.
The Indian government had implemented one percent direct tax on all crypto transactions from July...
More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?
11.10.2023
More Russian banks will join the digital ruble pilot, with Center-invest Bank, which mainly operates in the nation’s south, set to trial the CBDC next year.
Per Rostov Gazeta, Center-invest Bank has “signed a digital ruble [partnership] agreement with the [CBDC’s] operator, the Central Bank.”
The...
Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse
11.10.2023
Former FTX boss Sam Bankman-Fried had written a draft Twitter thread to announce the possible closure of his hedge fund Alameda Research.
The thread, which was drafted in September 2022, reveals that Bankman-Fried considered announcing the closure of Alameda Research, the trading firm...
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans
11.10.2023
More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing options diversify.
Per Nanhai Net (via Hainan News), the latest development has taken place on the island province of Hainan, in the city of Sanya....
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Biggest Crypto Gainers Today on DEXTools – DEE, KINGDOM, LOONG
10.10.2023
Major blue-chip cryptocurrencies continue to slide, with Bitcoin (BTC) last trading in the $27,300s, down close to 1%, and Ether (ETH) last trading just to the north of $1,550 and down a little over 1%.
Bitcoin remains in a short-term uptrend, but is threatening a downside break, which would...
Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest
10.10.2023
Leading crypto exchanges Coinbase, Revolut, and Binance have updated their mobile and web applications to comply with the new regulations from the United Kingdom Financial Conduct Authority (FCA).
Coinbase and Revolut informed their customers via email about the changes, which included...
Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method
10.10.2023
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: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold...
Bitstamp Crypto Exchange Seeks Collaboration with European Banks to Boost Crypto Adoption
10.10.2023
The world’s longest-running crypto exchange Bitstamp is in talks with three large European banks about offering crypto services.
The 12-year-old exchange is in talks to help the banks begin offering these services possibly in the first quarter of 2024.
Cryptonews has reached out to Bitstamp...
FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement
10.10.2023
As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research.
In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from...
Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?
10.10.2023
The price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.
SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value...
Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal
10.10.2023
Daniel C. Silva, former assistant US attorney and shareholder at law firm Buchalter, believes that Sam Bankman-Fried's defense might be setting the stage for a potential appeal if the disgraced crypto boss is found guilty.
By focusing on minutiae, the defense could argue that they were deprived...
Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report
10.10.2023
Ethereum’s layer 2 networks have gained significant traction in the past few years as developers seek faster and cheaper solutions to interact with the blockchain.
According to a new report released by blockchain intelligence firm, Messari, layer 2 solutions recorded 61% of the entire Ethereum...
Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas
10.10.2023
The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported.
This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times...
Hong Kong Police Issues Warning After Binance Users Lose $450K in Phishing Scams
10.10.2023
The Hong Kong police force has issued an alert after 11 Binance users in the region fell victim to phishing scams, losing over $450,000 combined.
Through its CyberDefender program, Hong Kong police warned that fraudsters impersonating Binance sent texts claiming accounts needed verification...
Tezos Price Prediction as XTZ Pumps 11.5% - Here’s Where the Crypto Is Headed Next
10.10.2023
Tezos (XTZ), the cryptocurrency that powers the Tezos layer-1 blockchain protocol, has pumped over 11% on Monday.
XTZ was last trading around $0.72 per token, having rallied as high as $0.746 earlier in the session to test its 100-day Moving Average, after enjoying a strong bounce from support...