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   Business News    Financial News   Financial News

  Posted by u/ one year ago

How Soon Can Bitcoin (BTC) Price Rally to $150K? Financial Advisor Bernstein Chips In

The investment research company expects an ETF approval to lead to roughly 10% of BTC?s circulating supply going toward the products.

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  Posted by u/ one year ago

Memeinator presale stage 5 raises over $1 million in days

Memeinator’s Stage 5 presale surpasses $1 million, making a remarkable impact. Memeinator’s unique blend of AI, viral marketing, and utility sets it apart in the meme coin arena. One MMTR token is going for $0.0125 in the current stage and is expected to rise to $0.0133 in the next stage. In the world of cryptocurrency, […]

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  Posted by u/ one year ago

Flare partners with Elliptic for crypto risk management

Flare partners with Elliptic to enhance blockchain security and compliance. Integration offers real-time wallet and transaction screening for Flare’s decentralized applications. Elliptic’s risk management tools will now support FLR, aiding the identification of illicit crypto activities. In a strategic move to bolster security and regulatory compliance within the blockchain space, Flare, the innovative blockchain platform […]

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  Posted by u/ one year ago

Turkey eyes new law on crypto assets: report

Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen approach to money laundering and terrorism financing to bring Turkey into compliance with Financial Action Task Force (FATF) requirements. Turkey is looking to toughen its approach to cryptocurrency regulation, according to a statement made by […]

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  Posted by u/ one year ago

SafeMoon founders arrested on wire fraud and money laundering charges

SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders of SafeMoon, a decentralized finance digital asset, are facing criminal charges in the United States. Braden John Karony and Thomas Smith have been arrested, while […]

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  Posted by u/ one year ago

Crypto?s ?pro-rioter? glitch artist stirs controversy ? Patrick Amadon, NFT Creator

NFT artist Patrick Amadon is proudly ?pro-rioter,? as Hong Kong Art Week discovered, and he?s at home in crypto, where everyone?s a rebel.

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  Posted by u/ one year ago

40 Countries Pledge to Combat Ransomware and Disrupt Cybercriminal Funding Through AI-Driven Blockchain Analysis

A U.S.-led alliance comprising forty countries has committed to signing a pledge that they will never pay ransom to cybercriminals.

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  Posted by u/ one year ago

Major Decision? Global Coalition of 40 Nations Unite to Deny Ransom Payments to Cybercriminals

40 nations unite under US leadership to combat cybercrime. The International Counter Ransomware Initiative disrupts funding mechanisms through enhanced information sharing.

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  Posted by u/ one year ago

Bruno Block, Founder of Oyster Pearl, Receives Four-Year Prison Sentence ?\xa0Here?s Why

Amir Elmaani, the 31-year-old founder of Oyster Protocol, has been handed a maximum prison sentence of four years for tax evasion.

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  Posted by u/ one year ago

Taiwan Authorities Crack Down on 324.2 Million USDT Money Laundering Operation: Report

International links has been uncovered in Taiwan's largest crypto-related money laundering case.

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  Posted by u/ one year ago

PayPal Receives UK?s FCA Approval to Offer Crypto Services to UK Nationals

According to the update on the FCA's crypto register, PayPal UK Limited secured registration on 31 October.

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  Posted by u/ one year ago

Chinese Court Hands 6-Year Prison Terms to Masterminds in $300 Million USDT Money Laundering Case

The Tongliang Court in China handed down sentences to 21 individuals, including key figures in a $300 million USDT money laundering case.

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  Posted by u/ one year ago

Frax Finance Says its Domain Name Hijacking Has Been Resolved

Frax founder Sam Kazemian says his team has been "left in the dark" by the domain registrar as to what happened.

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  Posted by u/ one year ago

Turkey in 'Final Stage' of Bringing Crypto Legislation as Last Step to Get Off FATF's Gray List: Minister

Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list.

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  Posted by u/ one year ago

'Bruno Brock', Founder of Oyster Pearl, Gets 4 Year Jail Term for Tax Evasion

Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

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  Posted by u/ one year ago

BitGo Granted German Crypto Custody License by BaFin

BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.

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  Posted by u/ one year ago

Bitcoin?s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says

"You have people talking about bitcoins, about equity, being the safe asset," El-Erian told CNBC.

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  Posted by u/ one year ago

Sam Bankman-Fried Survived His Testimony. Next Up: The Jury

More than 60 people lined up to watch Sam Bankman-Fried's fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.

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  Posted by u/ one year ago

CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related

Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.

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  Posted by u/ one year ago

Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry

Those approving ads for other crypto companies are already facing regulatory scrutiny ? and will soon need new permissions to continue.

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  Posted by u/ one year ago

Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'

According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products.

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  Posted by u/ one year ago

Raging Bitcoin Bull Market Ahead, According to Key Indicator

The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.

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  Posted by u/ one year ago

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

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  Posted by u/ one year ago

First Mover Americas: Trading Giants Like Jane Street Might Support Blackrock?s BTC ETF

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 1, 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

PayPal UK Unit Registers as Crypto Service Provider

The payments firm will now be able to offer services and approve crypto-related communications in the country.

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  Posted by u/ one year ago

How a Ph.D. Student's Research Paper Turned Celestia Into $345M Blockchain Project Overnight

This week's launch of the new "data availability" network Celestia came with an airdrop of the project's TIA tokens, one of the most anticipated giveaways in the crypto industry of the past year.

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  Posted by u/ one year ago

Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference

The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup.

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  Posted by u/ one year ago

Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin

The U.S. central bank concludes its two-day policy meeting on Wednesday afternoon.

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  Posted by u/ one year ago

Sam Bankman-Fried Ran 'Pyramid of Deceit,' Prosecutor Says in Closing Argument; Defense Calls Case Against FTX Founder a Fantasy

Jurors could begin deliberating Bankman-Fried's fate as soon as Thursday.

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  Posted by u/ one year ago

Why Momentum Trading Works In Crypto

Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements.

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  Posted by u/ one year ago

3 Greenshoot Sectors in the Blockchain Space

From ?AI x blockchain? and zero-knowledge proofs to Bitcoin ordinal projects, there are plenty of bright spots in the Web3 ecosystem.

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  Posted by u/ one year ago

Bitget Embroiled in Bitter $10M Dispute With Floki Over TokenFi Memecoin Listing

Cryptocurrency exchange Bitget is under intense scrutiny over its handling of the listing, and subsequent delisting, of a memecoin related to Floki Inu.

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  Posted by u/ one year ago

Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus

The funding will be used for the company?s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI.

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  Posted by u/ one year ago

FTX and the Case for Web3 YIMBYism

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  Posted by u/ one year ago

It?s Time for Web3 Games to Embrace Play AND Earn

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  Posted by u/ one year ago

SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC

The Securities and Exchange Commission (SEC) has charged SafeMoon and its executive team with perpetrating a fraudulent scheme through an unregistered securities sale.

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  Posted by u/ one year ago

SBF vs. ETF: Get Rich Quick vs. Get Rich Slowly

The FTX founder was never a man of crypto and the industry is moving on without him, says Laura Shin.

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  Posted by u/ one year ago

Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K

Market participants will now turn to Fed Chair Jerome Powell's post-meeting press conference to glean insight into the future path of U.S. central bank policy.

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  Posted by u/ one year ago

The Protocol: Celestia Airdrop Gets Crypto Users Asking About Starknet Despite No Similar Plans

In this week's edition of The Protocol newsletter, we explain the mechanics (and roots) behind the "data availability" network Celestia, and its new TIA tokens, and turn our eyes to Starknet's STRK tokens, which aren't trading yet but are already being awarded to early contributors.

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  Posted by u/ one year ago

Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor

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  Posted by u/ one year ago

Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens

tktk

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  Posted by u/ one year ago

Bitcoin Retakes $35K After FOMC as Solana's SOL Leads Sharp Altcoin Rally

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

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  Posted by u/ one year ago

Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises $5M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

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  Posted by u/ one year ago

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events ? specifically which party will control each chamber of the U.S. Congress after an election.

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  Posted by u/ one year ago

Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense

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  Posted by u/ one year ago

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

The value of FTX's stake in Solana's SOL token, for instance, has just added $1 billion in two weeks.

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  Posted by u/ one year ago

Crypto at the Center of $300M Fraud Case in China

21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

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  Posted by u/ one year ago

io.net Launches World?s Largest Decentralized AI Compute Cloud at Breakpoint Conference

Amsterdam, Netherlands, November 1st, 2023, Chainwire This year?s Solana Breakpoint conference was the venue for a landmark announcement by io.net, which confirmed the beta launch of what it calls the world?s largest decentralized AI compute cloud. On November 3rd, COO Tory Green and Head of Business Development Angela Yi will announce the public beta launch […]

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  Posted by u/ one year ago

Bankman-Fried Prosecutors Found Him Seriously Guilty

The core issue under scrutiny, according to Bankman-Fried prosecutors, isn't whether SBF took the money, but whether he knew it was wrong.

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  Posted by u/ one year ago

Top 5 Music NFT Projects Should You Know

Top 5 Music NFT Projects: Audius ($AUDIO) Opulous ($OPUL) Sound.xyz The Husl ($HUSL) Melos Studio ($MELOS)

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