Author: Tony Pearce
Cryptos Are An Innovative Tool: Report
Reading Time: < 1 minuteCoinbase has discovered that a significant number of millennials in the US consider digital currencies to be an integral part of the modernization of the global financial system.
Gary Gensler Says Scams Are Abundant in Crypto Industry
Reading Time: < 1 minuteAccording to Gary Gensler, the chairman of the Securities and Exchange Commission, the digital asset industry is plagued by fraudulent activities, scams, bankruptcies, and money laundering.
JPMorgan Says SEC Will Face Lawsuits if Bitcoin ETFs are Rejected
Reading Time: < 1 minuteAccording to experts at JPMorgan, the US Securities and Exchange Commission (SEC) could potentially face multiple lawsuits if it rejects applications for spot exchange-traded funds based on the first cryptocurrency.
US is Losing Control Over Stablecoins: Circle CEO
Reading Time: < 1 minuteAccording to Circle’s CEO Jeremy Allaire, the US government is not taking decisive action towards legalizing stablecoins, causing companies to move to other countries.
NFT Trading Volume Drops to Lowest Level in 2 Years
Reading Time: < 1 minuteThe NFT market experienced a significant decrease in trading volume in September, reaching its lowest level since January 2021.
4,800 BTC from Closed Darknet Market Abraxas Enter into Motion
Reading Time: < 1 minuteIt was recently discovered that an unknown group of individuals has moved approximately 4,800 BTC, which is equivalent to around $144 million, from the darknet marketplace Abraxas.
MicroStrategy’s Paper Profit on Bitcoin Surpasses $170M
Reading Time: < 1 minuteAs of October 23, as the price of Bitcoin surpassed $30,000, MicroStrategy, a software analytics provider, saw a positive return on their investment in digital gold.
Finland to Integrate Digital Euro into Financial System
Reading Time: < 1 minuteThe Central Bank of Finland is planning to implement the digital euro (CBDC) into its payment system.
Gary Gensler Refuses to Say When BTC ETFs Will Be Approved
Reading Time: < 1 minuteSecurities and Exchange Commission (SEC) Chairman Gary Gensler stated that the regulatory agency will not rush in approving applications for Bitcoin ETFs.
El Salvador Says BTC Has Contributed to Country’s Recovery
Reading Time: < 1 minuteAccording to El Salvador’s Vice President Felix Ulloa, the country’s decision to adopt the first cryptocurrency as legal tender in 2021 was crucial for its recovery from the crisis.
ECB Study: DAO Future is Limited Due to Lack of Regulation
Reading Time: < 1 minuteA recent study by the ECB highlights the negative impact of uncertain regulatory conditions on the growth of the decentralized autonomous organization (DAO) segment.
BNB Chain Rolls Out BNB Greenfield Mainnet
Reading Time: < 1 minuteThe developers of BNB Chain have just launched the BNB Greenfield mainnet.
BlackRock CEO: Investors Are Increasingly Interested in Bitcoin
Reading Time: < 1 minuteFink reiterated that there is a significant demand for BTC among investors.
Ethereum Staking Demand is Slowing: Report
Reading Time: < 1 minuteFollowing the activation of The Merge update, the queue of validators for Ethereum has been cleared for the first time since the Shanghai hard fork in April.
Paolo Ardoino Becomes New Tether CEO
Reading Time: < 1 minuteThe current technical director of Tether, Paolo Ardoino, has been named as the new CEO of the stablecoin issuing company.
US Authorities Concerned About China’s Mining Firms: Media
Reading Time: < 1 minuteChinese mining companies operating in the US have raised concerns over national security. The New York Times reported on this issue, citing sources from the US government.
Elliptic Finds Connection with Russia of Laundering of Assets Stolen from FTX
Reading Time: < 1 minuteElliptic experts have concluded that a Russian-linked broker or intermediary was likely involved in laundering some of the funds stolen from FTX in November 2022.
UK Says Huobi and KuCoin Violates Sanctions Regime Against Russia
Reading Time: < 1 minuteThe Bank of England has admitted that platforms like Huobi and KuCoin have continued to facilitate Russian banks’ circumvention of financial sanctions.
Bitcoin’s Market Share is Near a 2-year High
Reading Time: < 1 minuteAccording to TradingView data, the dominance index of BTC has reached 51.1%, a level approaching that of April 2021.
Tezos Jumps 6.3% Driven by Rising Trading Volumes in Korea
Reading Time: < 1 minuteIn the midst of a stagnant crypto market, Tezos quotes rose by 6.3% in just one day. The token is currently trading at around $0.69, with the rate reaching as high as $0.74.
Consultant Protected Assets During FTX Hack With Personal Hardware Wallet
Reading Time: < 1 minuteKumanan Ramanathan, a consultant during the FTX hack, utilized his personal Ledger Nano hardware wallet to safeguard vulnerable assets, as reported by Wired.
OpenSea Finds No Evidence of Former Employee’s Involvement in Scam
Reading Time: < 1 minuteOpenSea, a platform for NFTs, has announced that it has found no evidence of a former employee’s involvement in the 2021 rug pull scheme carried out by AnubisDAO.
Iris Energy to Spend Almost $20M to Expand Miners Fleet
Reading Time: < 1 minuteAustralian mining company Iris Energy has announced a 25% increase in its Bitcoin mining capacity, from 5.6 EH/s to 7 EH/s, after acquiring new miners from Bitmain.
Bitmain Could Be Experiencing Financial Problems
Reading Time: < 1 minuteJournalist Colin Wu has reported that Bitmain, the largest manufacturer of mining equipment, did not fully pay salaries to its employees in September.
Argentina’s Central Bank: The CBDC Will Protect Domestic Economy
Reading Time: < 1 minuteAccording to the Central Bank of Argentina, the introduction of a digital currency (CBDC) into the domestic market has the potential to stabilize the nation’s economy.
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