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Caroline Ellison Begins Star Witness Testimony in SBF Trial
10.10.2023
Tensions were high in Manhattan Federal Court Tuesday as former CEO of Alameda Research, Caroline Ellison, began her star witness testimony against Sam Bankman-Fried.
The petite, glasses-wearing Ellison took a decent amount of time to identify the defendant in the courtroom. ...
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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...
Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted
10.10.2023
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with...
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...
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
10.10.2023
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages
Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges
10.10.2023
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash per second (EH/s). Notably, less than 200 days...
Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level
10.10.2023
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September....
UK financial watchdog restricts Binance partner from issuing crypto ads
10.10.2023
The Financial Conduct Authority's marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance
Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms
10.10.2023
Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch.
Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. ...
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...
Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry?
10.10.2023
Bitcoin-bullish presidential candidate Robert F. Kennedy Jr. has announced that he is now chasing his country’s highest office as an independent, rather than as a member of the Democratic party.
“I’m here to declare myself an independent candidate for the President of the United States,” said...
The new Cointelegraph Research Terminal, home to critical crypto data reports
10.10.2023
Cointelegraph’s new Research Terminal offers a slick new look and more features to help retail and institutional investors navigate the crypto space
Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC
10.10.2023
Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors
Binance's UK Partner Can't Approve Crypto Ads, Regulator Says
10.10.2023
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner
Israeli Shekel Hits 7-Year Low Amid Conflict; Central Bank Launches $30B FX Intervention
10.10.2023
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to offload up to $30 billion in foreign exchange...
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...
OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’
10.10.2023
Founded in 2013, Okcoin will have the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx
Is It Too Late to Buy Tether Gold? XAUT Price Increases 1% as Crypto Casino Project Gathers Pace – How to Buy Cheap?
10.10.2023
Leading crypto gold project Tether Gold (XAUT) has seen a +1% price increase amid bullish movements in underlying 1:1 gold prices (per troy Oz) - fuelled largely by increased geopolitical risk stemming from the developing Israeli confrontation with Hamas.
Amid the violence, gold prices...
Key Points From the Sam Bankman-Fried Trial's First Week
10.10.2023
It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor
Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff
10.10.2023
Cardano’s founder Charles Hoskinson has compared the embattled co-founder of FTX to infamous ponzi scheme boss, Bernie Madoff.
In a post on X (formerly Twitter), Hoskinson stated that Sam Bankman-Fried’s actions can be likened to Bernie Madoff but the former is now getting a free pass by...