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   Business News    Financial News   Financial News

  Posted by u/ 11 months ago

What?s the Deal With Sam Bankman-Fried?s ?Advice of Counsel? Defense

And why is it causing so much controversy in court?

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  Posted by u/ 11 months ago

Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion.

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  Posted by u/ 11 months ago

Bitcoin Catches Market Cap of Elon Musk's Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting

The Fed is widely expected to hold rates steady next week, but traders will be watching for signals about future policy moves.

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  Posted by u/ 11 months ago

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.

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  Posted by u/ 11 months ago

Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini's Earn users.

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  Posted by u/ 11 months ago

Bitcoin's 14% Weekly Gain Signals 'End of an Era' as Big Tech Dumps, Analyst Says

Bitcoin's advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally.

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  Posted by u/ 11 months ago

Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial

"I believed the funds came from Alameda?s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

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  Posted by u/ 11 months ago

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

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  Posted by u/ 11 months ago

Justin Sun?s HTX Reports $98 Million Profit in Q3 2023, Forecasts Strong Performance for Q4

HTX, the crypto exchange formerly known as Huobi Global and owned by Chinese blockchain personality Justin Sun, has announced a profit of $98 million for the third quarter of 2023.

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  Posted by u/ 11 months ago

Pro-Crypto Lawmakers Call for Swift DOJ Investigation into Binance and Tether

Senators Lummis and Hill push for swift investigation into Binance and Tether for illicit activities.

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  Posted by u/ 11 months ago

Justin Sun Claims Record HTX Profits This Quarter

Despite a weak quarter for the industry, HTX?s CEO claims his firm brought in profits 14% more than the last one.

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  Posted by u/ 11 months ago

Turkey Projects Finalization of Cryptocurrency Taxes by Next Year

The regulatory measure came as a part of the government?s 2024 Presidential Annual Program.

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  Posted by u/ 11 months ago

FLOKI price soars 140% in a week ?\xa0Are memecoins like DOGE, PEPE finally waking up?

FLOKI's gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable?

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  Posted by u/ 11 months ago

Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features

Get your daily, bite-sized digest of cryptoasset and blockchain-related news ? investigating the stories flying under the radar of today?s crypto news.

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  Posted by u/ 11 months ago

Tether Sets the Record Straight: No Violations of Sanctions Laws, No Terrorist Ties

Tether has refuted terrorist funding claims following US lawmakers' request for an investigation.

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  Posted by u/ 11 months ago

Chainlink leads the market with 61% weekly gain ? What?s driving LINK price?

LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move?

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  Posted by u/ 11 months ago

Biggest Crypto Gainers Today on DEXTools ? TOKEN, SILKROAD

[caption id='attachment_122173' align='alignnone' width='900'] DEXTools Logo / Source: DEXTools X[/caption]\r\n\r\nBitcoin (BTC) is pulling back on Friday amid profit-taking in wake of its recent US spot Bitcoin ETF approval optimism powered pump this week, with the world?s largest cryptocurrency last...

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  Posted by u/ 11 months ago

Atato Forms Strategic Integration with Cronos Chain and XRP Ledger for Digital Asset Custody

DeFi and GameFi sectors are expected to thrive with Atato's integration with Cronos Chain and XRP Ledger (XRPL).

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  Posted by u/ 11 months ago

Not Just Crypto: AFP Raids Bust Currency Exchange Laundering Nearly $230M in Illegal Funds

AFP uncovered Long River syndicate, laundering $229 million through 12 establishments in Australia. 7 arrests were made in Melbourne.

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  Posted by u/ 11 months ago

Bankman-Fried Lawyers Are The New Blame Target Of Former FTX CEO In Fraud Trial

Bankman-Fried lawyers were involved in shaping document-retention policies, establishing a deposit system with an Alameda bank account for customers.

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  Posted by u/ 11 months ago

Bankman-Fried Fraud Trial: SBF Still Pleads Not Guilty After 12 Days of Trial

During the Bankman-Fried fraud trial in Manhattan federal court, he admitted to making mistakes but denied allegations of defrauding anyone or misappropriating customer funds.

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  Posted by u/ 11 months ago

Roobet Celebrates Nippon Baseball Championship with $1,000,000 Free-to-Play Contest

London, United Kingdom, October 27th, 2023, Chainwire  Fans Can Compete to Win a $1,000,000 Jackpot with Roobet.fun?s free NPB Pick?em Contest   Roobet, the pioneering entertainment company and next-generation crypto brand, is thrilled to announce its official launch in the Japanese market.  This exciting expansion coincides with the highly anticipated season opening of the Nippon Professional […]

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  Posted by u/ 11 months ago

Bankman-Fried Testimony Unveils FTX?s Early Crisis

Bankman-Fried testimony revealed that FTX, co-founded by him and Gary Wang in 2019, was conceived as a platform specializing in margin trading.

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  Posted by u/ 11 months ago

WSJ Crypto Article Controversy About Funding Report On Hamas Was Corrected

In response to the WSJ's correction and edited article, Coinbase's chief legal officer, Paul Grewal, criticized the newspaper for quoting unreliable sources in the WSJ crypto article.

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  Posted by u/ 11 months ago

Acapulco Airport Reopens for Aid, Escape Flights After Hurricane Otis

Acapulco Airport Reopens for Aid, Escape Flights After Hurricane Otis

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  Posted by u/ 11 months ago

Worst October for Stocks in Five Years Has Investors Exiting Market

Worst October for Stocks in Five Years Has Investors Exiting Market

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  Posted by u/ 11 months ago

S&P 500 Extends Slide From Its July Peak to 10%: Markets Wrap

S&P 500 Extends Slide From Its July Peak to 10%: Markets Wrap

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  Posted by u/ 11 months ago

Ron DeSantis talks foreign policy: Big hits on Biden, little on Trump

The Florida governor pledged a foreign policy designed to confront adversaries China and Iran, and defend allies like Israel.

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  Posted by u/ 11 months ago

Rep. Dean Phillips is challenging Biden in 2024

Minnesota Rep. Dean Phillips is launching a primary bid against President Joe Biden. Here's what you need to know.

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  Posted by u/ 11 months ago

BofA Strategist Hartnett Sees Risk of S&P 500 Dropping 5% More From Here

BofA Strategist Hartnett Sees Risk of S&P 500 Dropping 5% More From Here

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  Posted by u/ 11 months ago

NatWest Shares Crater as Lower Margin Signals Rate Boom End

NatWest Shares Crater as Lower Margin Signals Rate Boom End

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  Posted by u/ 11 months ago

JPMorgan Differs With Goldman on India Stocks Outlook Ahead of National Vote

JPMorgan Differs With Goldman on India Stocks Outlook Ahead of National Vote

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  Posted by u/ 11 months ago

Sanofi Warning Outweighs Spinoff, Prompting ?19.5 Billion Plunge

Sanofi Warning Outweighs Spinoff, Prompting ?19.5 Billion Plunge

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  Posted by u/ 11 months ago

S&P 500 Extends Drop From Its July Peak to 10%: Markets Wrap

S&P 500 Extends Drop From Its July Peak to 10%: Markets Wrap

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  Posted by u/ 11 months ago

Democrats implore Republicans to move on gun control after Maine shooting

Democratic lawmakers are reviving efforts to pass stricter gun control legislation after the Lewiston, Maine, mass shooting.

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  Posted by u/ 11 months ago

Speaker Mike Johnson has a 'MAGA' record. Why GOP moderates aren't worried.

House speaker Mike Johnson has a far more conservative voting record compared to his predecessors, but moderate GOP lawmakers aren't too worried.

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  Posted by u/ 11 months ago

Cost only hope for Democrats to get a seat on Newark City Council

Bill Cost is the only hope for Democrats to break through the Republican strangle-hold on Newark City Council and, indeed, all of city government.

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  Posted by u/ 11 months ago

New U.S. House Speaker Mike Johnson Sparks Hope for Advancing Digital Asset Legislation

U.S. Representative Mike Johnson has been elected by his fellow Republicans to serve as the 56th Speaker of the House of Representatives after three weeks of turmoil and three failed candidates.

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  Posted by u/ 11 months ago

Senior Public Officials in South Korea Declare Crypto Holdings

Senior public officials in South Korea's Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province's efforts to ensure transparency among its government employees to avoid conflict of interest.

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  Posted by u/ 11 months ago

Mastercard Partners with MoonPay to Explore Multiple Integrations

Digital assets payment platform, MoonPay announced a partnership with global payment firm Mastercard to advance web3 integrations, build connections, and boost marketing tools.

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  Posted by u/ 11 months ago

SBF grilled in court on deleted messages during testimony

The disgraced crypto executive claimed that he merely acted on various lapses in the company's data retention policy.

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  Posted by u/ 11 months ago

Lawmakers Urge DOJ to Decide on Binance and Tether?s Role in Crypto Funded Terrorism Linked to Hamas and Israel Conflict

As the DOJ examines possible charges against Binance and Tether, U.S. lawmakers Cynthia Lummis and French Hill urge swift investigations into the companies' potential involvement in crypto funded terrorism related to the Hamas-Israel conflict.

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  Posted by u/ 11 months ago

UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes

The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities.

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  Posted by u/ 11 months ago

Bitmain?s Latest Air-Cooled Antminer Set for Q1 2024 Shipping

Bitcoin mining firm Bitmain has formally launched the Antminer T21, a new air-cooled Bitcoin miner. The company made the announcement today, October 26, on X.

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  Posted by u/ 11 months ago

Scammers create spoof Blockworks site to drain crypto wallets

Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website.

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  Posted by u/ 11 months ago

Solana Labs launches Web3 incubator offering dev and fundraising support

Applications will be accepted for consideration until November 30.

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  Posted by u/ 11 months ago

CryptoPunk holders offered physical versions of their NFTs for 48 hours

Online art store Avante Art is offering print copies of CryptoPunks for the next 48 hours through a partnership with CryptoPunks brand owner Yuga Labs.

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  Posted by u/ 11 months ago

Chainlink (LINK) Explodes 12% Daily, Bitcoin (BTC) Calms at $34K (Market Watch)

The LINK marines have a lot to celebrate these days as the asset is up by over 50% within the past week.

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  Posted by u/ 11 months ago

Bitcoin dominance hits 54% ? Highest in 2.5 years as BTC halving approaches

BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%?60% range during the 2021 bull market, at times even dipping below 50%.

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  Posted by u/ 11 months ago

Bitcoin price model expects $45K ?phase? to hit in November

Bitcoin remains on track to deliver ?possible? further gains of up to 30% versus current BTC price levels, says CryptoCon.

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