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1 year, 1 month ago
Creditors Take Action Against 3AC Co-Founders After Hedge Fund Collapse and Asset Recovery
Two co-founders of the defunct Singaporean hedge fund Three Arrows Capital (3AC) have been arrested and sentenced to four months in prison for failing to comply with a court order. 3AC, which managed more than $10…
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1 year, 1 month agoEthereum Staking Yields Decline as Network Centralization Rises: JPMorgan Report
The Ethereum network has seen a rise in staking since major network upgrades, Merge and Shanghai, but this has come at the cost of higher centralization and lower staking yields, according to a new report by…
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1 year, 1 month agoCrypto Markets Uncertain Amid Rising Interest Rates and Fed Balance Sheet Changes
The Federal Reserve’s recent decisions to raise interest rates and reduce its balance sheet have caused uncertainty in the cryptocurrency markets. Investors are concerned that the Fed’s actions could lead to a dec…
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1 year, 1 month agoMetaMask Snaps Offers Enhanced Security and Transparency for Crypto Users
MetaMask, a wallet provider, has developed a new feature called MetaMask Snaps to give users more insights into their transactions and interactions within the application. Francesco Andreoli, the head of the…
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1 year, 1 month agoPrimeXBT Adds 20 Altcoin Pairs, Including Dogecoin, to Crypto Futures Platform
PrimeXBT has rapidly expanded its Crypto Futures platform, adding support for 20 new Altcoin pairs including Dogecoin. This major expansion demonstrates the exchange’s commitment to rapidly improving its Futures o…
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1 year, 1 month agoBitcoin Sentiment Strengthens as Hodl Waves Surge and Supply Shock Looms
Charles Edwards, founder of the Capriole Fund, recently observed the hodl waves for long-term Bitcoin holders. He noted that the recent surge in long-term Bitcoin holders is comparable only to 2016, and that this…
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1 year, 1 month agoBitcoin Unfazed by Positive U.S. Jobs Data
Bitcoin has shrugged off the robust U.S. jobs data that was released recently, which is forecasting tighter monetary policy. Despite the news, Bitcoin has remained relatively stable, indicating that the…
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1 year, 1 month agoCanadian Crypto Exchanges Face New Stablecoin Trading Rules
The Canadian Securities Administrators (CSA) has provided guidance to the trading of stablecoins on crypto exchanges in the country. The update comes months after major exchanges, including Binance, halted…
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1 year, 1 month agoSolana Gains Popularity as a16z and Alameda Unstake 11 Million SOL Tokens
The now-bankrupt FTX exchange, its sister company Alameda, and venture capital firm Andreessen Horowitz (a16z) have reclaimed over 11.5 million SOL tokens worth about $255 million amid the bankruptcy proceedings.…
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1 year, 1 month agoSEC Sues Elon Musk Over Twitter/X Acquisition Testimony Refusal
Elon Musk, the billionaire entrepreneur, is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena for his testimony related to his acquisition of Twitter/X…
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1 year, 1 month agoFTX Co-Founder Accuses Sam Bankman-Fried of Wire Fraud
Sam Bankman-Fried, the founder of Alameda Research, a trading desk, and Gary Wang, one of the co-founders of the cryptocurrency platform FTX, have been embroiled in a legal battle. Wang has accused Bankman-Fried of…
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1 year, 1 month agoAnalyst Predicts Chainlink Could Double in Price if Bitcoin Breaks Out
Analyst DonAlt, who accurately predicted the crypto bottom in November of 2022, is expressing bullish sentiment on Chainlink (LINK). DonAlt has 53,400 YouTube subscribers and tells them that Chainlink is one of the…
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1 year, 1 month agoBinance Loses Market Share Amid Regulatory Issues and Fee Changes
Binance, one of the world’s largest cryptocurrency exchanges, has seen its market share drop for the seventh consecutive month in September 2023. According to data from cryptocurrency data provider CCData, B…
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1 year, 1 month agoFormer FTX CTO Confirms Guilt and Explains Fees and Practices
Gary Wang, former CTO of FTX, testified in court on the third day of SBF’s trial. He pleaded guilty and admitted to committing crimes at FTX with Nishad Singh, Caroline Ellison and Sam Bankman-Fried. Wang r…
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1 year, 1 month agoHarambe Token Presale: Catch the Rocket Before It Soars!
Harambe Token is a revolutionary artificial intelligence meme token that is set to disrupt the cryptocurrency trading space. It is backed by a powerful A.I. neural network auto-trading bot that is built upon years…
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1 year, 1 month agoXRP Price Eyes Fresh Increase Above $0.550
Ripple’s XRP is following a bullish path above the $0.50 pivot zone. A major rising channel is forming with support near $0.5140 on the 4-hour chart. The price could dip to $0.5140 before it marches higher and c…
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1 year, 1 month agoSEC vs Ripple: Could the Regulator Wave the White Flag?
Yassin Mobarak, founder of the private equity firm Dizer Capital, believes that the United States Securities and Exchange Commission (SEC) could withdraw all accusations against Ripple and its CEO Brad…
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1 year, 1 month agoOKX Exec Discusses Differences Between Traditional Finance and Crypto
Lennix Lai, the global chief commercial officer at crypto exchange OKX, recently spoke with Cointelegraph at the Blockchain Economy Summit in Dubai. He discussed the differences between working in traditional…
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1 year, 1 month agoHong Kong Official Stresses No Retail Stablecoin Trading Allowed
Hong Kong is making progress in allowing individual investors to trade cryptocurrencies, but retail stablecoin trading is not yet allowed. Christian Hui, the Secretary for Financial Services and the Treasury,…
