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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Shiba Inu Price Prediction as SHIB Becomes Top 20 Crypto in the World \x93Â\xa0$1 SHIB Incoming?

The price of Shiba Inu (SHIB) has fallen by 2% in the past 24 hours, with its dip to $0.00000690 coming as the cryptocurrency market barely moves in either direction.

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  Posted by u/ one year ago

XRP Price Prediction as Rumors Emerge of Possible Ripple IPO \x93 Could XRP Reach $100?

The XRP price has gained by a very slight 0.2% in the past 24 hours, as speculation emerges that Ripple is preparing for a possible initial public offering in the US.

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  Posted by u/ one year ago

American Rapper Nelly?s X Account Reportedly Hacked and Involved in Crypto Phishing Scheme

Phishing attacks rising as Nellio X account lures users to phishing site, posing as security analyst. Beware!

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  Posted by u/ one year ago

Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated Credit Union Unveils Crypto Portal, Wirex Introduces Dual-Mode Card

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

From Bill Clinton to NYC Mayor Adams: SBF?s Political Entanglements That Endanger His Defense

Sam Bankman-Fried political shenanigans continue to surface as the trial against the disgraced founder of FTX enters its third week.

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  Posted by u/ one year ago

BAYC Creator Yuga Labs Successfully Restructures to Prioritize Metaverse Development

Yuga Lab's CEO, Daniel Alegre, announces company restructuring and renewed focus on Otherside metaverse.

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  Posted by u/ one year ago

Fidelity Submits Revised Application for Bitcoin ETF Amid Increasing Confidence Regarding Approval

Fidelity Investments, one of the world's largest asset management firms, has filed an amendment application to its proposed spotÂ\xa0Bitcoin (BTC)Â\xa0exchange-traded fund (ETF)Â\xa0with the SEC.

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  Posted by u/ one year ago

Over 100 US Lawmakers Petition Biden To Combat Crypto-Funded Terrorism

Policymakers want to know how the Biden administration plans to stop bad actors from using crypto to support Hamas.

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  Posted by u/ one year ago

SUI Foundation Responds to Circulation Manipulation Accusations by South Korean Authorities

SUI Foundation has been accused of prioritizing personal gain, thereby drawing regulatory ire from South Korean Authorities.

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  Posted by u/ one year ago

Shiba Memu?s investment gold rush as the countdown to presale close begins

Shiba Memu presale is nearing its conclusion, with 13 days left. The price of Shiba Memu has increased consistently each day on presale. The value of Shiba Memu could be unlocked from post-listing liquidity in Q3 2023. With millions raised in presale, investors hold high hopes for a new token sensation, Shiba Memu. The meme token […]

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  Posted by u/ one year ago

OKX Liquid Marketplace Outperforms in September, Hits All-Time High $1.54 Billion in Monthly Futures Spreads Volume

Dubai, UAE, October 18th, 2023, Chainwire OKX, a leading crypto exchange and Web3 technology company, today announced that futures spreads trading volumes on its Liquid Marketplace, a spot OTC, futures spreads and options liquidity network, reached a record monthly high of US$1.54 billion in September 2023. This achievement represents 62%* of the institutional market share […]

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  Posted by u/ one year ago

Paris Blockchain Week 2024 to Host Cutting-Edge Web3 Innovation

Paris, France, October 18th, 2023, Chainwire Paris Blockchain Week, the leading blockchain and Web3 event organiser, announced how the 5th edition (8-12 April 2024) at the Carrousel du Louvre in Paris, France, is shaping up. Signifying the growth of the blockchain and Web3 industry, Paris Blockchain Week 2024 will be a three-day event focusing on […]

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  Posted by u/ one year ago

Blockchain.com and TON Foundation introduce Toncoin incentive program

Zug, Switzerland, October 18th, 2023, Chainwire Today, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency. Through this collaboration, […]

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  Posted by u/ one year ago

Peter Schiff is wrong about Bitcoin

Peter Schiff, the Chief Market Strategist at Euro Pacific Asset Management, is one of the most respected people in finance. He has been right on so many things in the past, including the pace of interest rates, US government debt, and the ongoing risks in the market. I share most of his concerns. One area […]

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  Posted by u/ one year ago

Bitcoin ETF may be a ?limited? benefit for Coinbase stock: Barclays

Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year. Barclays analyst does not expect that to be a huge benefit for Coinbase. Coinbase stock is currently down over 30% versus its year-to-date high. Mike Novogratz – the Chief Executive of Galaxy Investment Partners expects the Securities & Exchange Commission to approve a […]

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  Posted by u/ one year ago

SYS Labs unveils Rollux Phase 2 with advanced DeFi tools backed by Bitcoin

SYS Labs has unveiled Rollux Phase 2, supercharging DeFi with Bitcoin support. Rollux offers a comprehensive suite of DeFi tools and privacy-focused SuperDapp. Syscoin’s architecture and UTXO Bridge boost Web3 scalability and interoperability. SYS Labs, the driving force behind Rollux, has announced the launch of Rollux Phase 2, introducing a powerful suite of decentralized finance […]

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  Posted by u/ one year ago

Stake.com?s $41M hack: Implications and lessons in crypto security

Stake.com was recently hacked for $41 million. What happened during the incident? How did the crypto casino giant respond to the attack? The implications and lessons for crypto. The security breach that saw online crypto casino Stake.com lose $41 million to hackers on September 4 is among the most notable attacks to hit the cryptocurrency […]

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  Posted by u/ one year ago

Injective (INJ) boost as Helix unveils pre-launch futures

Injective (INJ) price rose to highs of $8.20 on Wednesday. The gains came as the layer-1 blockchain network’s DEX platform Helix unveiled its pre-launch futures product. Celestia (TIA) is the first pre-launch futures token to list on Helix. Injective (INJ) is seeing a nice uptick in price today as the layer-1 blockchain adds to last […]

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  Posted by u/ one year ago

Ethereum restaking: Blockchain innovation or dangerous house of cards?

?Restaking? involves reusing staked Ether to earn fees and rewards. The restaked tokens can then help secure and validate other protocols. But many fear restaking could disrupt Ethereum?s chain itself.

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  Posted by u/ one year ago

For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations.

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  Posted by u/ one year ago

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor?s Go-To Italian Restaurant

The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.

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  Posted by u/ one year ago

Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg

?We continue to view COIN?s consumer take rate as being at risk of compression due to competition for market share within a lower volume crypto space,? the bank said.

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  Posted by u/ one year ago

Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment

Some analysts said the amendments show the U.S. Securities and Exchange Commission (SEC) is holding active discussions with related parties.

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  Posted by u/ one year ago

(One Part of) Sam Bankman-Fried's Defense Strategy Starts Paying Off

All three of Sam Bankman-Fried?s ?inner circle? members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray too far from their well-practiced narratives. They were confident when responding to prosecutors, but were less polished when confronted by the defense.

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  Posted by u/ one year ago

EU Privacy Watchdog Takes Aim at ?Excessive Centralization? of Digital Euro

The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping

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  Posted by u/ one year ago

Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner

The wallet will feature on-chain data analysis tools that may inform users' market decisions.

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  Posted by u/ one year ago

First Mover Americas: GBTC Discount Continues to Narrow; Reddit?s Crypto Tokens Plummet

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 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

DLT Securities Rules Are Here to Stay, EU Official Says

New European laws took effect in April, but fears over its limited scale may have inhibited take-up.

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  Posted by u/ one year ago

Ether.Fi Rolls Out Liquid Staking Token eETH, That Can be Restaked on EigenLayer

Decentralized finance (DeFi) protocol ether.fi has rolled out a liquid staking token that allows users to generate rewards through ether (ETH) staking and automatically restake rewards on EigenLayer.

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  Posted by u/ one year ago

Floki Developers Propose Staking and Utility Token Plans

The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.

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  Posted by u/ one year ago

Investment Manager Methodic Unveils Ether Staking Fund Offering Exposure to ETH Price and Yield

The Methodic CoinDesk ETH Staking Fund offers institutional exposure to spot ETH price and staking yields.

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  Posted by u/ one year ago

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. ? that?s the message coming from banks and large institutions.

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  Posted by u/ one year ago

Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory Service

The service will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues, Unchained said.

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  Posted by u/ one year ago

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

Crypto insiders feel they've been burned before in the cauldron of New York?s BitLicense, but they fell that California?s implementation leaves some room for hope.

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  Posted by u/ one year ago

It?s Time for a Purpose-Built Disclosure Framework for Crypto

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  Posted by u/ one year ago

U.S. Treasury Targets Gaza Crypto Business in Sanctions to Squeeze Hamas

The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza.

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  Posted by u/ one year ago

Digital Euro Project Moves to 'Preparation' Phase

The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.

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  Posted by u/ one year ago

Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum

The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate "smart contracts," that theoretically could attract new applications and users ? and potentially more demand for the XLM token.

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  Posted by u/ one year ago

?Oh, Yes?: Accounting Prof Says Sam Bankman-Fried?s FTX Definitely Mishandled Customers' Money

Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.

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  Posted by u/ one year ago

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism.

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  Posted by u/ one year ago

Investment as a Service: Table Stakes for the Next Crypto Cycle

Colton Dillion and Sonya Mann of Hedgehog Technologies explain why exchanges and other major players in crypto need to expand their horizons.

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  Posted by u/ one year ago

The Death of Compromise, and a Way Forward for Crypto

Kim Greenberg of CoinDesk Indices finds a lesson for crypto in LEGO.

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  Posted by u/ one year ago

Lightning Labs Rolls Out 'Taproot Assets,' to Make Bitcoin 'Multi-Asset' Network

Taproot Assets will give developers "the tools needed to make Bitcoin a multi-asset network, but in a scalable manner," according to Lightning Labs.

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  Posted by u/ one year ago

Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns

The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years.

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  Posted by u/ one year ago

Cracks Appear as Ethereum Staking Demand Wanes

Earlier this year, Ethereum staking was popular, particularly with Lido Finance's rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.

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  Posted by u/ one year ago

Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.

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  Posted by u/ one year ago

Jimmy Zhong Arrest Details Revealed in New Report

Zhong is now serving a one-year sentence related to the theft of bitcoin from the Silk Road marketplace.

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  Posted by u/ one year ago

Spot Bitcoin ETF Approval Might Be Near, but Analysts Differ on Possible BTC Price Reaction

A fake report about BlackRock's spot BTC ETF approval Monday spurred a short-lived bitcoin rally to $30,000.

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  Posted by u/ one year ago

Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital

The miner is adding Fidelity to diversify its bitcoin (BTC) custody.

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  Posted by u/ one year ago

How a Crypto Fraud Gave Florida Its First Forward Party Candidate

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