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  Posted by u/ one year ago

St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum

The first tier of customers will be wealth management clients , but retail customers are next in line, and other coins and staking services are also planned, said SEBA Bank's Christian Bieri.

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  Posted by u/ one year ago

Genesis? New Liquidation Plan Is a Material Swerve, U.S. Government Says

The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal.

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  Posted by u/ one year ago

Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot

The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.

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  Posted by u/ one year ago

The Case Against Sam Bankman-Fried

Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.

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  Posted by u/ one year ago

PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin

Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.

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  Posted by u/ one year ago

'Santa Rally' Could Propel Bitcoin to $56K by Year-End, Matrixport Says

"Bitcoin continues to offer upside potential, and a +65% year-end rally would lift prices back to $56,000,? Thielen added.

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  Posted by u/ one year ago

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators

A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

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  Posted by u/ one year ago

UK Regulator Publishes Guidance for Crypto Marketing Regime

The Financial Conduct Authority?s new ad regime took effect in October.

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  Posted by u/ one year ago

First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Hong Kong Will Allow Some Tokenized Securities-Related Activities

The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub.

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  Posted by u/ one year ago

Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill

The 280 Kilowatt (kW) pilot project in Utah is already operational.

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  Posted by u/ one year ago

Sam Bankman-Fried Demonstrates Ineffective Altruism at Its Worst

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  Posted by u/ one year ago

Privacy Technology Firm Nym Plans Early 2024 Rollout of 'Decentralized VPN'

The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running data through single servers as centralized VPNs do.

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  Posted by u/ one year ago

Want Crypto Adoption? Give Consumers What They Really Want

It?s time to accept consumers for who they really are, and give them what they really want, which is money, status and functionality, says Magalena Kala.

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  Posted by u/ one year ago

U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy

As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. So, what now? In practical terms, probably nothing much.

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  Posted by u/ one year ago

MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3

MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday.

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  Posted by u/ one year ago

Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best

In this week's issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.

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  Posted by u/ one year ago

Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

The world's largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high.

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  Posted by u/ one year ago

Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought 'He Could Fool the World'

A verdict in the SBF trial could come before the end of Thursday ? on the first anniversary of the CoinDesk scoop that caused his empire to crumble.

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  Posted by u/ one year ago

Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms

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  Posted by u/ one year ago

Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges ? But There's a Catch

Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.

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  Posted by u/ one year ago

Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So

ETF analysts watching the spot-bitcoin ETF race appear to be backing Hashdex's modified application more than any other.

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  Posted by u/ one year ago

Here's Why Bitcoin Will 10X From Here: Michael Saylor

The MicroStrategy executive chairman appeared on CNBC on day after the company reported its Q3 earnings.

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  Posted by u/ one year ago

If PayPal's Stablecoin Is a Security, Anything Could Be

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  Posted by u/ one year ago

Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing

Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets flowing to terrorists.

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  Posted by u/ one year ago

Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

Solana's [SOL] spectacular comeback ? up over 300% this year ? has captivated crypto market participants after being one of the most beaten-down assets during the bear market.

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  Posted by u/ one year ago

Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls

The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter.

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  Posted by u/ one year ago

The Other FTX Case

Most of the charges facing SBF this week won?t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP.

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  Posted by u/ one year ago

Prisoners? Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.

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  Posted by u/ one year ago

Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K

Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets.

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  Posted by u/ one year ago

Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

A jury found Sam Bankman-Fried guilty on all charges in his criminal fraud trial tied to FTX's operation and collapse.

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  Posted by u/ one year ago

Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks

Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.

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  Posted by u/ one year ago

SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

The request follows a move by Kwon's defense team to do the same.

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  Posted by u/ one year ago

Dubai XRP Approval Ushers In A New Era for Virtual Assets

Dubai XRP approval allows licensed virtual asset firms operating within the DIFC to seamlessly integrate XRP into their service offerings.

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  Posted by u/ one year ago

Genesis bankruptcy trustee objection delays process, complicates creditor recovery.

The Genesis bankruptcy trustee objection, filed by the US trustee, challenges the updated disclosure statement for failing to provide adequate information to creditors and for significantly altering the previously submitted plan.

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  Posted by u/ one year ago

The Open Network (TON) proves it is the world?s fastest and most scalable blockchain

Zug, Switzerland, November 2nd, 2023, Chainwire Verified and confirmed by Certik, TON blockchain hit a record of 104,715 transactions per second (TPS) during a public, live-streamed stress test The Open Network Foundation (TON Foundation) has today announced that, during a successful live-streamed stress test, the TON blockchain has proven that it is the world?s fastest […]

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  Posted by u/ one year ago

FCA crypto promotion guidance was released to help firms comply with new UK regulations.

To assist cryptocurrency companies in adhering to the regulations that went into effect on October 8, the regulator has taken a few steps.

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  Posted by u/ one year ago

Injective Chooses Kava Native USDT for its Perps Trading

Georgetown, Cayman Islands, November 2nd, 2023, Chainwire Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos. This collaboration is […]

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  Posted by u/ one year ago

Bluzelle Unveils Visionary Expansion into Creator Economy, Empowering Content Creators with its Layer 1 Blockchain

Singapore, Singapore, November 3rd, 2023, Chainwire Bluzelle, a leading Layer 1 blockchain platform, is excited to announce a major expansion into the dynamic realm of the Creator Economy. Over the past two years, Bluzelle has invested significantly in Research and Development, and today, they reveal their vision for empowering content creators and innovators within the […]

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  Posted by u/ one year ago

Sam Bankman-Fried Found Guilty On Fraud Charges Involving $8 Billion

Former billionaire and FTX cryptocurrency exchange founder Sam Bankman-Fried found guilty of major financial fraud in a landmark trial.

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  Posted by u/ one year ago

Coinbase Maryland Staking Services Are Now Discontinued

Coinbase Maryland staking services were suspended due to a cease-and-desist order from the state's Securities Commissioner.

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  Posted by u/ one year ago

Spot Bitcoin ETF Does Not Cause Price Impact But Macroeconomic Factors

In a recent rally, the focus shifted away from spot Bitcoin ETF developments to macroeconomic factors.

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  Posted by u/ one year ago

Coinbase Q3 Revenue Achieves Impressive Growth

Coinbase Q3 revenue increased by 14% to $674 million, surpassing the forecast of $654.7 million. However, trading volume fell short of expectations.

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  Posted by u/ one year ago

AllianzGI Taiwan Says Chipmakers Earnings Will Surge 30% in 2024

AllianzGI Taiwan Says Chipmakers Earnings Will Surge 30% in 2024

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  Posted by u/ one year ago

Korea Day Traders Set to Cut US Stocks for First Time Since 2014

Korea Day Traders Set to Cut US Stocks for First Time Since 2014

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  Posted by u/ one year ago

S&P 500 Rises Almost 2%; Apple Down in Late Hours: Markets Wrap

S&P 500 Rises Almost 2%; Apple Down in Late Hours: Markets Wrap

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  Posted by u/ one year ago

Don Jr. and Eric Trump deny close knowledge of documents used to get loans

Donald Trump Jr. said at a New York fraud trial that he was 'fine' with Deutsche Bank relying on his father's financial statements. Eric Trump denied close familiarity with the documents.

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  Posted by u/ one year ago

Kicking Trump off the 2024 ballot? Minnesota Supreme Court grapples with issue

The Minnesota court heard one of two challenges to Trump's eligibility this week, part of a push to keep him off ballots over the Jan. 6, 2021 attack.

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  Posted by u/ one year ago

President Biden says 74 Americans evacuated from Gaza

President Biden said Thursday the U.S. has helped 74 American citizens leave Gaza out of about 400 seeking to leave the war-torn territory.

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  Posted by u/ one year ago

Senate confirms first woman to lead the Navy despite Tuberville holds

The Senate confirmed Admiral Lisa Franchetti as the new chief of naval operations along with two other senior military leaders Thursday.

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