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  Posted by u/ one year ago

Ripple drops another 2% today: a descending triangle points to more downside

Ripple’s bearish momentum continues A descending triangle points to a drop to $0.4 A head and shoulders pattern paints a gloomy picture for Ripple There is no break from the bearish momentum in the cryptocurrency market. Unless you are invested in Bitcoin, the suffering from being on the long side of any other coin has […]

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  Posted by u/ one year ago

FTX trial: FTX used billions in customer funds for Binance stake buyback

FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback. FTX’s proposed recovery plan offers hope, aiming for a 90% asset return to customers affected by the exchange’s bankruptcy. In a […]

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  Posted by u/ one year ago

UAE?s Ras Al Khaimah launches free zone for digital assets and Web3

Ras Al Khaimah, UAE, has introduced RAK DAO, a free zone dedicated to digital assets and Web3. RAK DAO will offer entrepreneurs 100% ownership of their businesses and a unique regulatory framework. The UAE continues to attract global crypto and Web3 firms through progressive regulatory measures. Ras Al Khaimah, one of the seven Emirates of […]

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  Posted by u/ one year ago

Shiba Memu?s presale tops $3.95 million as stage two nears completion

TL;DR The cryptocurrency market has performed well since the start of the week. Shiba Memu’s presale has now surpassed the $3.95 million mark, with stage two now near completion. The cryptocurrency market is experiencing a rollercoaster week so far but Bitcoin has maintained its price above the $28k level. Shiba Memu’s presale has now surpassed […]

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  Posted by u/ one year ago

Doge Uprising ($DUP) Announces Presale Launch: A Trailblazing Crypto Project Uniting Manga, Web3, Smart Staking, and NFTs

Boston, Massachusetts, October 19th, 2023, Chainwire Doge Uprising ($DUP) is a brand new crypto presale set to make its mark in Q4. This project stands out from the crowd with its unique features. Its detailed roadmap paints a vibrant picture of a Web3 universe enriched by an exclusive NFT collection and an interactive manga series. […]

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  Posted by u/ one year ago

Primex, the protocol for spot margin trading on DEXs, launches its mainnet beta

New York, USA, October 19th, 2023, Chainwire Non-custodial protocol for spot margin trading Primex Finance announces the launch of its long-awaited mainnet Beta. Representing a significant milestone for the protocol, the latest version has been deployed on Polygon’s PoS chain. Consequently, traders can utilize the Primex app and access spot margin trading on the Uniswap, […]

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  Posted by u/ one year ago

Memeinator raises over $750k as the stage-4 presale nears completion

TL;DR Memeinator’s presale is now at stage four and the team has raised more than $770k. The cryptocurrency market continues its mixed performance this week. The cryptocurrency market has been experiencing a positive performance over the past few days. Bitcoin continues to trade above the $28k mark while the total cryptocurrency market cap stands at […]

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  Posted by u/ one year ago

New York AG sues Gemini and Genesis for alleged $1 billion fraud

The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the crypto firms lied to investors and concealed losses of over $1 billion. New York Attorney General Letitia James has sued Gemini, Genesis Global Capital and Digital Currency Group over allegations that the crypto companies defrauded […]

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  Posted by u/ one year ago

Big Questions: What did Satoshi Nakamoto think about ZK-proofs?

What was once a passing interest of Bitcoin inventor Satoshi Nakamoto, zero-knowledge-proof technology is now a major part of the crypto world.

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  Posted by u/ one year ago

Elon Musk's Tesla Didn't Buy or Sell Any Bitcoin During the Third Quarter

Tesla did not buy or sell any BTC in the three months to September.

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  Posted by u/ one year ago

Elon Musk?s Plan to Charge New X Users $1 May Not Deter Crypto Bots

Crypto watchers say solving the bot problem extends beyond just charging users for the X service.

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  Posted by u/ one year ago

Nomura-Backed Komainu Joins Crypto Custodian Copper?s ClearLoop Network

Komainu clients will be able to benefit from the firm?s on-chain custody while gaining access to off-exchange settlement over ClearLoop.

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  Posted by u/ one year ago

FTX Used Billions in Customer Funds to Buy Back Binance Stake

Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX?s FTT tokens.

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  Posted by u/ one year ago

The Crypto Winter May Be Over: Morgan Stanley Wealth Management

Most of bitcoin?s gains come directly after the halving, and the next such event is expected in April 2024, the firm said.

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  Posted by u/ one year ago

German Regulator Warns Consumers About MEXC's Crypto Custody

The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so.

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  Posted by u/ one year ago

Coinbase Picks Ireland for EU Hub With MiCA Law Set to Open European Market

Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.

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  Posted by u/ one year ago

Do Kwon?s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

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  Posted by u/ one year ago

Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi

Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends.

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  Posted by u/ one year ago

DAO-Builder SuperDao Shuts Shop, Returns Investor Money

SuperDao, the platform that helps communities build their own decentralized autonomous organization (DAO), has announced that it is shutting down and returning leftover money to investors.

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  Posted by u/ one year ago

Judge Kaplan's Ire Hits All Lawyers in the Sam Bankman-Fried Case

We?ve entered the soul-sucking phase of Sam Bankman-Fried?s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares ? and then lashes out at prosecutors (and also defense lawyers) for wasting everyone?s time.

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  Posted by u/ one year ago

Bitcoin ETF Rumor Had a Silver Lining and It's Apparent in the Crypto Options Market

The bitcoin options market has flipped bullish across different timeframes since Monday's erroneous ETF report.

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  Posted by u/ one year ago

Gemini, Genesis, DCG Sued by New York AG for Allegedly Defrauding Investors of $1B

The lawsuit alleges that Gemini knew Genesis? loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried?s Alameda, but did not reveal this information to investors.

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  Posted by u/ one year ago

Polygon Proposes Council for ?Decentralized Governance,? Names 13 Members

The project named 13 "inaugural members" to the council, including officials from Coinbase and the Ethereum Foundation.

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  Posted by u/ one year ago

First Mover Americas: New York AG Sues Gemini, DCG, Genesis

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 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

Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade

Southeast Asian super app Grab is currently piloting the "Gas Station" to cover gas fees for its Singaporean users if they use NFT vouchers.

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  Posted by u/ one year ago

Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding

The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital.

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  Posted by u/ one year ago

Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians

Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust.

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  Posted by u/ one year ago

What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut

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  Posted by u/ one year ago

Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport

Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday.

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  Posted by u/ one year ago

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

Since the end of last year, the number installed has dropped 7,000, or 17%.

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  Posted by u/ one year ago

Crypto for Advisors: What Will Trigger Crypto Mass Adoption?

Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto.

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  Posted by u/ one year ago

'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds

Can Sun testified on day 12 of the Sam Bankman-Fried trial.

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  Posted by u/ one year ago

Will Lawsuit Against DCG Impact GBTC?s Chances of an ETF Conversion?

Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.

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  Posted by u/ one year ago

U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'

The U.S. Department of the Treasury's financial crimes arm is proposing to label crypto mixers as a "primary money laundering concern" in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas.

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  Posted by u/ one year ago

Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.

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  Posted by u/ one year ago

DCG, Genesis Were the ?Adults in the Room? but Didn?t Behave Like It

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  Posted by u/ one year ago

Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized

Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties? dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case, legally setting Grayscale's win in stone.

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  Posted by u/ one year ago

Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals

Paysafe, the crypto exchange's former service provider for euro transfers ended support last month.

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  Posted by u/ one year ago

U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation

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  Posted by u/ one year ago

For DeFi to Flourish, Right-Size the Regulators

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  Posted by u/ one year ago

Hamas Crypto Funding Likely ?Overstated? ? Chainalysis

Reports of many millions going to Hamas and other groups are based on faulty analysis, the forensics firm said.

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  Posted by u/ one year ago

SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen

The regulator had included them as defendants in securities violation case, and the agency now says it's just pursuing Ripple for damages.

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  Posted by u/ one year ago

Sam Bankman-Fried's Lawyers, DOJ Propose Final Sets of Jury Instructions

The U.S. Department of Justice and Sam Bankman-Fried's defense team filed their proposed jury instructions after the witness testimony wraps up in the coming weeks.

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  Posted by u/ one year ago

XRP Registers Biggest Single-Day Gain in 3 Months After SEC Drops Charges Against Ripple's Leaders

XRP gained 6.5%, the biggest single-day percentage rise since July 13.

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  Posted by u/ one year ago

Grayscale Form S-3 Promoted To Convert To Bitcoin ETF

In a recent announcement, the company disclosed that they have submitted Grayscale Form S-3, an integral part of their efforts to convert GBTC into an ETF.

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  Posted by u/ one year ago

BlackRock Bitcoin ETF Updated To Increase Competition In The Race

The BlackRock Bitcoin ETF application is updated amid increasing SEC scrutiny and acknowledges fierce competition in the market.

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  Posted by u/ one year ago

Binance European New Partners Set To Enhance EUR Services

Binance European new partners have been set up by the exchange to simplify deposits, withdrawals, and trading.

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  Posted by u/ one year ago

Analyzing The Potential Impact Of Lawsuit On GBTC: Bloomberg ETF Analyst

Bloomberg ETF analyst explains that the impact of lawsuit on GBTC due to Genesis being the sole authorized participant until 2022. However, this doesn't imply significant consequences.

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  Posted by u/ one year ago

VanEck Ethereum Strategy ETF Now Launched To Expand Investment Possibilities

In a recent announcement, asset management company VanEck unveiled that their VanEck Ethereum Strategy ETF (EFUT) is now open for trading.

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  Posted by u/ one year ago

The Trial Shows Secret Messages Of SBF Exposing Financial Fraud

The secret messages of SBF reveal a financial fraud scheme, with discussions about FTX's liquidity crisis, manipulation of narratives, and political donations by Alameda Research.

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