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1 year, 1 month agoSEC Initiates Legal Proceedings Against Elon Musk for Non-Compliance with Subpoena
Elon Musk is facing legal proceedings from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena. The SEC is investigating whether Musk violated federal securities law with his…
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1 year, 1 month agoFTX Collapse: Former CTO Testifies in Criminal Trial of Ex-CEO SBF
Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, testified in the criminal trial of former CEO Sam “SBF” Bankman-Fried on October 5. Wang admitted to committing cri…
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1 year, 1 month agoXRP Wallets Surpass 4.8 Million Following Ripple Court Victories
Ripple and its XRP token have been gaining significant attention recently, following a key court win in July. This victory has caused the total number of XRP wallets to surpass 4.8 million. The crypto firm…
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1 year, 1 month agoBitcoin Price Predicted to Reach $1 Million by 2026: BitMEX Co-Founder Arthur Hayes
Arthur Hayes, co-founder of BitMEX and macro-analyst, recently predicted that Bitcoin’s price will reach between $750,000 and $1,000,000 per coin within 3 years. His prediction is based on the idea that all f…
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1 year, 1 month agoTrust Wallet Token Set for 15% Rally After Double Bottom Setup
Trust Wallet token (TWT) rose 10% to $0.90 on Oct 5, bringing its overall weekly gain to 25%. The TWT bulls are not through, as the coin eyes another 15% rise in the coming weeks due to a technical setup. TWT…
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1 year, 1 month agoBitKey Bitcoin Wallet Beta Nears Distribution, Images Surface
Images of a Bitcoin wallet, BitKey, developed by Jack Dorsey’s company, Block Inc., have surfaced as reports suggest that the product’s beta is nearing its distribution stage. The wallet is designed with sel…
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1 year, 1 month agoFormer Chief Risk Officer Raises Concerns Over Special Privileges Granted to FTX Affiliate
Julie Schoening, former chief risk officer at FTX-owned LedgerX, was terminated in August 2022 after raising concerns about special privileges granted to FTX’s affiliated trading firm Alameda Research. In May 2…
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1 year, 1 month agoFormer CEO Confirms Knowledge of Customer Funds Usage at Alameda Research
Alameda Research, the parent company of FTX, has been accused of using customer funds without their knowledge. According to The Wall Street Journal, some U.S.-based employees of FTX reportedly knew that the…
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1 year, 1 month agoBitcoin Could Reach $1 Million by 2026, Predicts BitMEX Co-Founder
Arthur Hayes, the co-founder of BitMEX, has made a bold prediction for the future of Bitcoin, asserting that the Federal Reserve’s potential return to money printing could send the leading cryptocurrency on a s…
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1 year, 1 month agoSEC Could Approve Spot Bitcoin ETF Within Months, BlackRock May Face Competition
Steven Schoenfield, former BlackRock managing director and current CEO of MarketVector Indexes, predicted that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months during a panel discussion on…
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1 year, 1 month agoJudge Denies SEC Motion to Appeal Ruling on XRP Token Sales
The U.S. Securities and Exchange Commission (SEC) has been denied its motion to appeal a ruling that retail sales of XRP tokens do not constitute a security offering. District Court Judge Analisa Torres rejected…
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1 year, 1 month agoEl Salvador Launches Geothermal Bitcoin Mining Pool
El Salvador is launching Lava Pool, the nation’s first Bitcoin mining pool powered by renewable geothermal energy. The venture is a collaboration between energy company Volcano Energy and tech corporation Luxor T…
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1 year, 1 month agoBitcoin Rejects $28,000 Retest, Drops 2.5%
Bitcoin (BTC) saw a swift comedown after a failed attempt to reach $28,000 on October 5th. Data from Cointelegraph Markets Pro and TradingView showed that the market dropped up to $700, or 2.5%, after the…
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1 year, 1 month agoCrypto Bull Market Expected in Q2 2020: Macro Factors to Lead Uptrend, Says Raoul Pal
Raoul Pal, CEO of Real Vision and macro investor, believes that the next crypto bull market will begin in Q2 of next year, coinciding with the Bitcoin halving. He believes that macroeconomic factors, such as…
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1 year, 1 month agoEthereum Exchange Supply Hits 5.5-Year Low After $181 Million Outflow
Ethereum has recently seen a large exchange outflow, with 110,000 ETH (worth around $181 million) being withdrawn from centralized exchanges. This is the largest outflow since August 21st and the lowest supply on…
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1 year, 1 month agoSam Bankman-Fried Trial: Former Roommate Testifies on $8 Billion Deficit at FTX
Sam Bankman-Fried, the former CEO of crypto exchange FTX, is currently on trial for alleged fraud. On the third day of the trial, Adam Yedidia, Bankman-Fried’s former roommate at MIT and FTX developer, testified a…
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1 year, 1 month agoCrypto Market Thawing: Is the Bull Market Here?
The crypto market is showing signs of a potential bull market, according to Jennifer Murphy from Runa Digital Assets. Murphy believes that the crypto winter is slowly thawing and that spring is upon us. She has…
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1 year, 1 month agoFTX Employees Alert Executives of Alameda's Backdoor Before Crypto Exchange's Fall
Amid the ongoing trial of FTX co-founder and former CEO Sam Bankman-Fried, a report has surfaced alleging that some of the company’s US-based employees found a hidden backdoor allegedly used by Alameda Research t…
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1 year, 1 month agoDutch Crypto Companies Win Battle Against $2.3 Million Fee Levied by Regulators
Crypto companies in the Netherlands, including Bitvavo and Coinmerce, have won a legal battle against the Dutch central bank (DNB) over a $2.3 million fee imposed for anti-money laundering registration. The…
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1 year, 1 month agoInvestors Face Crossroads: FLOKI Inu vs Anarchy in Epic Clash for Meme Coin Market
Anarchy (ANA) is a new meme-based cryptocurrency project that is challenging the reigning champion, Floki Inu, in the meme coin market. Anarchy is a rebellious token with a mission to challenge corrupt systems and…