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  Posted by u/ one year ago

NFT Artist Ryder Ripps Struggles to Get Bored Ape Yacht Club Lawsuit Dismissed

The attorney representing NFT artist Ryder Ripps and his co-founder, Jeremy Cahen, struggled to convince a panel of judges to dismiss the lawsuit filed by Bored Ape Yacht Club against his clients.

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  Posted by u/ one year ago

Ark Invest's Cathie Wood Blames Gary Gensler for Obstructing Proposed Spot Bitcoin ETFs and Not SEC

ARK 21Shares Bitcoin ETF re-filed its application earlier this year after the SEC rebuffed two previous filings.

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  Posted by u/ one year ago

Coinbase suspends 80 non-USD trading pairs to improve liquidity

Coinbase crypto exchange has been removing dozens of trading pairs in an effort to improve liquidity on its platforms.

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  Posted by u/ one year ago

This new crypto debit card brings low fees and convenience to cryptocurrency payments

Despite the hype surrounding cryptocurrencies, few people are using the digital asset for its intended purpose ? payments.

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  Posted by u/ one year ago

BTC price holds 6% gains as Bitcoin battles for 'crucial' $28K support

Bitcoin is at a 'critical milestone' as BTC price tackles the $28,000 mark, say the co-founders of Glassnode.

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  Posted by u/ one year ago

Binance.US asks users to convert USD into stablecoins for withdrawals

Binance.US users ?may convert? their U.S. dollar funds to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said.

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  Posted by u/ one year ago

Snowden Talks Risks of Bitcoin ETFs and Anonymity Concerns at Amsterdam Conference

At the 2023 Bitcoin Conference in Amsterdam, Edward Snowden delves into pressing issues like Bitcoin's struggle with anonymity and the potential consequences of institutional involvement via Bitcoin spot ETFs. Snowden urges a shift in focus from price to utility, warning that institutional investments could dilute Bitcoin's core ethos.

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  Posted by u/ one year ago

Ripple (XRP) Investment Products Register 25th Consecutive Week of Inflows: CoinShares

Bitcoin maintains dominance in the digital asset investment space with $260 million year-to-date (YTD) inflows.

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  Posted by u/ one year ago

Cardano Co-Founder Questions Bitcoin's Governance, Points to Development Limitations

Cardano co-founder Charles Hoskinson expresses concerns about Bitcoin's governance model and its impact on development. He argues that Bitcoin's 'inability to upgrade' and its existing developer structure have caused it to miss key developmental milestones.

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  Posted by u/ one year ago

Bitcoin Price Prediction as ETF Rumors Send Daily Trading Volume Above $20 Billion \x93 New Bull Market Starting?

Amidst the swirling speculations and ever-evolving crypto landscape, recent rumors of potential Bitcoin ETF approval have ignited a fervor in the trading community. With Bitcoin's daily trading volume soaring past the $20 billion...

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  Posted by u/ one year ago

SEC's Surrender: Bitcoin ETF on the Horizon, Experts Predict

TheÂ\xa0Securities and Exchange Commission (SEC)Â\xa0has seemingly conceded its battle against aÂ\xa0Bitcoin (BTC)Â\xa0exchange-traded fund (ETF)Â\xa0as the deadline for an appeal passed on Friday.

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  Posted by u/ one year ago

Bitcoin Cash Price Prediction as BCH Pumps Up 4.5% Suddenly \x93Â\xa0What's Going On?

The price of Bitcoin Cash (BCH) has risen by 1.5% in the past 24 hours, with its move to $229 coming after a spike yesterday that saw the altcoin briefly reach $248.

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  Posted by u/ one year ago

Liquid Staking Solution Lido Winds Down Solana Staking Following Community Vote

The move comes after Lido on Solana development team presented a proposal outlining the challenges and financial support needed from Lido DAO to sustain Lido on Solana.

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  Posted by u/ one year ago

XRP Price Prediction as $1 Billion Puts XRP in the Green \x93 Time to Buy?

The XRP price has held steady today, with its current level of $0.490994 meaning that it's unchanged in the past hour and past day.

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  Posted by u/ one year ago

Dogecoin Price Prediction as DOGE Becomes Top Meme Coin in the World \x93Â\xa0Can DOGE Reach $10 in 2024?

The Dogecoin price has held to $0.060052 today, marking a 0% move in 24 hours and 1.5% gain in the past week.

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  Posted by u/ one year ago

Web3 Gaming Continues to Garner Investor Attention Despite Bear Market \x93 Here's the Latest

The recent Q3 2023 fundraising figure for Web3 gaming is certainly lower than the one seen in the previous quarter, but the overall situation is not that bad - investor attention is still there.

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  Posted by u/ one year ago

BlackRock CEO Larry Fink: Bitcoin Rally Reflects Crypto's Growing Appeal

BlackRockÂ\xa0CEOÂ\xa0Larry FinkÂ\xa0has attributed the recent rally inÂ\xa0Bitcoin (BTC)'s price to the increasing interest and demand for cryptocurrencies.

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  Posted by u/ one year ago

Here?s When FTX Customers Could Receive $9 Billion Claim Payout

FTX debtors announce upcoming Customer Shortfall Settlement, aiming to settle property disputes and expedite Revised Plan approval.

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  Posted by u/ one year ago

Today in Crypto: Bitcoin Mining Difficulty & Hashrate Set Records as Bitmain Floods US with Machines, Bitget Reveals Future Quant Bot, Pi Network Debutes Staked DMs

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

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  Posted by u/ one year ago

Binance.US Crypto Deposits Lose FDIC Insurance Coverage

Binance.US now requires customers to convert USD into stablecoins or cryptocurrency for fund withdrawal.

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  Posted by u/ one year ago

Hackers Drain Fantom Foundation Wallets For $7 Million

Fantom (FTM) fell 5% after hack took place, which still has no known cause or suspect.

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  Posted by u/ one year ago

SBF?s Plan to Acquire $100M Worth of Telegram?s TON Tokens Revealed

Here's how former FTX engineer reveals potential deal between SBF and Telegram for TON tokens in ongoing court case.

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  Posted by u/ one year ago

Lido DAO Votes to Sunset the Lido on Solana Project

The team behind the Lido on Solana protocol will drop the project following community vote in support of the proposed scenario.

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  Posted by u/ one year ago

Binance US drops FDIC insurance amid regulatory pressure

Cryptocurrency exchange Binance US has withdrawn FDIC insurance for user funds. The exchange faces regulatory heat from the US Securities and Exchange Commission (SEC). The SEC lawsuit ramifications are spilling over. In a significant policy change, Binance US, the American arm of the global cryptocurrency exchange Binance, has revoked FDIC insurance coverage for user funds. […]

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  Posted by u/ one year ago

EVER plunge by 20% as Everscale team says large number of tokens were stolen

Key takeaways Layer 1 blockchain Everscale’s token has plunged by more than 20% so far today. The development team announced that a large number of its tokens were stolen. Everscale tokens stolen, EVER token dips by 20% Everscale, a Layer 1 blockchain project built on the Telegram Open Network architecture, informed its community members via […]

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  Posted by u/ one year ago

BitGo acquires HeightZero to bolster crypto wealth management services

BitGo acquires HeightZero to serve the growing institutional interest in crypto wealth management. BitGo CEO, Mike Belshe, emphasizes the urgency for wealth managers and RIAs to prepare for an impending Bitcoin ETF approval. HeightZero’s services enhance BitGo’s capacity to offer secure long-term crypto holdings for institutional clients. Cryptocurrency custody specialist BitGo has made a strategic […]

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  Posted by u/ one year ago

Ethereum L2 network Scroll officially launches on mainnet

Scroll is an open-source Ethereum L2 rollup leveraging zero-knowledge proofs. The network offers increased speed and lower fees for developers. Scroll, an Ethereum layer 2 zkEVM-powered network, has announced that its mainnet is now officially live. The announcement comes after the zkEVM appeared to have quietly launched on mainnet a few days ago. The L2 […]

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  Posted by u/ one year ago

XRP price recoils despite the Roblox news as whale transactions rise

Ripple (XRP) price has moved sideways in the past few months as the recent consolidation continues. The coin was trading at $0.50 on Tuesday after Roblox announced that it will integrate it into its ecosystem. Ripple has dropped by more than 47% from its post-SEC lawsuit victory high. Ripple price reacted mildly to news from […]

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  Posted by u/ one year ago

BNB Chain announces Greenfield mainnet

BNB Greenfield is a decentralised data storage network that offers fast uploads and downloads. Its mainnet release marks a new era for Web3 data ownership, the BNB Chain team said in an announcement. BNB Chain has launched mainnet for Greenfield, a decentralised data storage network natively bridged to the BNB Smart Chain (BSC). Binance’s BNB […]

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  Posted by u/ one year ago

Apecoin price up as whale accumulates millions of APE

Apecoin price was up on Tuesday, trading more than 6% up at the time of writing. The price gain comes amid increased APE purchases by a whale since August. APE could break above a key technical hurdle if bullish sentiment continues. The price of Apecoin (APE) was up 6% on Tuesday afternoon as Bitcoin held […]

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  Posted by u/ one year ago

Fantom Foundation employee loses $7 million in exploit

Fantom Foundation director Andre Cronje reportedly confirmed that an employee lost $7 million worth of crypto to a phishing attack. However, all Fantom Foundation funds were safe. FTM price did fall following the news. A Fantom Foundation employee has lost $7 million worth of crypto after a phishing attack on their personal wallet. The exploit […]

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  Posted by u/ one year ago

ESMA warned crypto investors on Tuesday: find out more

ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the $29,000 level on Tuesday. All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday. MiCA will take time to be implemented […]

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  Posted by u/ one year ago

Trading Bitcoin on Binance Got Tougher During the ETF Rumor Frenzy: Kaiko

Several traders experienced 'slippage' as liquidity declined across major exchanges.

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  Posted by u/ one year ago

FTX Plans to Return 90% of Customer Funds, but There's a Catch

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.

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  Posted by u/ one year ago

Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021

The ascent in bitcoin's dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.

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  Posted by u/ one year ago

Lido Finance Sunsets Solana Staking Product After DAO Vote

The staking service for SOL tokens will be discontinued over the coming months, developers said.

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  Posted by u/ one year ago

Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT

Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter.

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  Posted by u/ one year ago

Bitcoin Above $28K Buoyed by California ?BitLicense? Bill Being Signed

The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.

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  Posted by u/ one year ago

EU Regulator Warns of ?Opaque? Crypto Firms as It Seeks to Close MiCA Loopholes

The European Securities and Markets Authority doesn?t want foreign companies operating via EU ?letterbox? entities

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  Posted by u/ one year ago

SBF Trial: FTX Exec Felt ?Suicidal? in Crypto Exchange?s Final Days

Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX?s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies? balance sheets.

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  Posted by u/ one year ago

Banks Must Disclose Crypto Exposures, Global Regulator Says

The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said

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  Posted by u/ one year ago

Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill

The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.

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  Posted by u/ one year ago

Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'

Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes.

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  Posted by u/ one year ago

First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 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

Binance.US Halts Direct Dollar Withdrawals

Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

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  Posted by u/ one year ago

BitGo Buys Crypto Wealth Management Platform HeightZero

HeightZero handles portfolio rebalancing, statement generation, tax loss harvesting and automated billing for crypto clients.

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  Posted by u/ one year ago

The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways

Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. Rather, these investors and lenders looked at unaudited financial statements and spoke with the executives at these companies to determine critical pieces of information like FTX's cash flow, its liabilities, its current assets and net asset value.

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  Posted by u/ one year ago

How African Students Became Victims of FTX?s Collapse

?We saw an exchange that was supposedly better than every other one we had used, so we let a lot of family and friends get involved with the FTX platform,? FTX Africa?s former education lead Pius Okedinachi told CoinDesk.

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  Posted by u/ one year ago

When Bankruptcy Regulates Crypto: The Good, the Bad, and the (Really) Ugly

In the absence of specific policy, U.S. regulation of crypto has devolved to judges in bankruptcy proceedings, say Yesha Yadav and Bob Stark.

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  Posted by u/ one year ago

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google

Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.

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