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Bitcoin Cash traders reap profits: What’s next for the rally?
14.9.2023
Bitcoin Cash (BCH) traders are celebrating significant profits, which has rekindled the flurry of activity in the cryptocurrency sector. What is ahead for the rally of this digital currency? That is the question on everyone’s lips amid this celebration. The recent spike in Bitcoin Cash...
Monetary Authority of Singapore Bans 3AC Founders From Engaging in Financial Markets
14.9.2023
Singapore's central bank, the Monetary Authority of Singapore (MAS), has barred the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies from participating in financial markets within the city-state for a period of nine years.
Three Arrows Capital was among the first...
Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
14.9.2023
MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore
Islamic Coin in Pact With CoinDesk Indices to Discuss Sharia-Compliant Benchmarks
14.9.2023
Islamic Coin is the native currency of HAQQ, a network focused on developing a Shariah-compliant financial ecosystem
Sony Makes Blockchain Move as Japanese Firms Flood to Web3 Space
14.9.2023
The Japanese electronics and entertainment giant Sony will develop a blockchain network, making it the latest company from the nation to move into the Web3 space.
The company’s IT subsidiary Sony Network Communications will work on the project, alongside a Singapore-based firm named Startale Labs....
FTX Revises Crypto Asset Sale Proposal Amid U.S. Trustee's Concerns
14.9.2023
In a recent filing, bankrupt crypto exchange FTX modified its proposed guidelines for liquidating its substantial crypto holdings, addressing concerns raised by the U.S. trustee.
In response to objections raised by the U.S. Trustee on their previous filings, FTX made significant revisions to their...
All I Had Was a ‘Simple Calculator’ — Former Mt Gox CEO Draws Parallels With Bankman-Fried’s Journey
14.9.2023
Sam Bankman-Fried, the former CEO of FTX, has been denied temporary release from prison after his legal team complained about his ability to prep for trial and his laptop’s alleged lack of internet access. On Tuesday, the former CEO of Mt Gox, Mark Karpeles, shared his experience after he...
US Inflation Posts Biggest Monthly Increase in 2023 as CPI Rises 0.6%
13.9.2023
The U.S. Department of Labor released new data today showing a 0.6% increase in the consumer price index (CPI) for August. This is the largest monthly rise in U.S. inflation so far this year. The report showed that prices have gone up by 3.7% compared to August of last year, slightly higher than...
Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust
13.9.2023
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said
FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache
13.9.2023
The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $3.4 billion after John Dorsey, the presiding bankruptcy court judge, approved the motion. Moreover, Tron founder Justin Sun took to social media and said he is considering an offer for FTX’s...
FTX Co-Founder Sam Bankman-Fried Requests Juror Questions Ahead of Trial – What Was Asked?
13.9.2023
Disgraced former FTX CEO Sam Bankman-Fried has submitted a list of proposed jury questions to a Manhattan federal court as he prepares for his upcoming fraud trial.
According to a Bloomberg report from Tuesday, some of the questions aim to gauge potential jurors' attitudes towards crypto...
Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?
13.9.2023
In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors.
The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell...
Biggest Crypto Gainers Today on DEXTools – RICKY, DOJO, EMOTI
13.9.2023
Major cryptocurrency prices are trading with a modest positive bias on Wednesday.
Bitcoin (BTC) was last a little higher in the last 24 hours in the $26,300s, as was Ether (ETH) which was last changing hands just above $1,600.
The latest US inflation numbers, whilst a tad above expectations...
Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
13.9.2023
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings
Bitcoin Price Prediction as US CPI Data is Released – Time to Buy the Dip?
13.9.2023
Amidst the release of the Consumer Price Index (CPI) data for August, the Bitcoin price prediction landscape is under scrutiny, prompting a critical question: Is it opportune to consider buying the dip?
In the latest CPI report, August witnessed a 0.6% increase, aligning precisely with...
Bitcoin Cash Price Prediction as BCH Breaches $200 Resistance – Time to Buy?
13.9.2023
Bitcoin Cash (BCH), the cryptocurrency that powers the Bitcoin Cash layer-1 blockchain that was created back in August 2017 after a hard fork from the original Bitcoin blockchain amid concerns about Bitcoin’s scalability and transaction speed, is trying to get back above the $200 mark....
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Opera Unveils Plans for Non-Custodial Stablecoin Wallet Integration for African Users
13.9.2023
On September 13, Opera Mini, a widely-used browser, announced its plan to launch a new non-custodial wallet in partnership with the Celo Blockchain, seamlessly integrating it with its mobile web browser and making it accessible to users in Africa.
The Opera Mini and Celo partnership will introduce...
Bitcoin might soon touch the $22k mark; what does it mean for altcoins?
13.9.2023
The bustling world of cryptocurrency has recently been stirred with predictions, and the repercussions are being felt across the board. As Bitcoin, the best cryptocurrency and the main driver of market sentiment, takes another potential dip, what does this mean for top altcoins and emerging players...
20-Year Prison Term for OneCoin Co-Founder Karl Greenwood in Landmark Crypto Fraud Case
13.9.2023
Karl Greenwood, the co-founder of infamous crypto scam OneCoin, has been sentenced to 20 years in prison by a New York judge.
US District Judge Edgardo Ramos, who presided over Greenwood's sentencing, characterized the fraud in the OneCoin case as "massive in many respects" and likened it...
Gemini Earn Users Could Recover Almost All Assets as Part of New Agreement – Here’s the Latest
13.9.2023
Gemini Earn users may be able to recover almost all their cryptocurrency holdings as part of a new agreement between Digital Currency Group (DCG) and Genesis.
In a Wednesday filing, DCG outlined a proposal that will allow creditors to recover between 70% to 90% of their funds, with a significant...