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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 12 months ago

Nomura-Backed Komainu Joins UK Crypto Register

The firm registered with the Financial Conduct Authority just before new ad rules took effect on Sunday.

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  Posted by u/ 12 months ago

Bitcoin Is Better Than Digital Gold: Matrixport

SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto service provider said.

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  Posted by u/ 12 months ago

The DOJ Has Come Out Swinging in the Sam Bankman-Fried Trial

The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses ? namely Sam Bankman-Fried?s former inner circle ? toward the end of the trial ? but oh how wrong we were.

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  Posted by u/ 12 months ago

Protocol Village: VitaDAO, a ?DeSci DAO,? Launches Matrix Biosciences

The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 9-15, with live updates throughout.

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  Posted by u/ 12 months ago

Ether Slides as Ethereum Foundation Swaps $2.7M ETH on Uniswap

The Foundation periodically sells tokens to cover costs, creating a temporary sell-off event in markets.

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  Posted by u/ 12 months ago

Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year

The exchange is immensely popular in the country and is known for attracting speculative rallies.

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  Posted by u/ 12 months ago

First Mover Americas: Crypto Funds See Largest Inflows Since July

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 12 months ago

Crypto Risks Another Sam Bankman-Fried if U.S. Doesn't Provide Clear Regulation

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  Posted by u/ 12 months ago

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it?ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal government.

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  Posted by u/ 12 months ago

Italy?s Cipollone Defends Digital Euro as He Seeks ECB Role

Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down in November

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  Posted by u/ 12 months ago

Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence

The longest-running crypto exchange says three European banks are in talks about offering crypto services ? a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.

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  Posted by u/ 12 months ago

Crypto Should Ghost the SBF Trial

It?s a distraction for the industry when the focus should be on passing enabling legislation, says Katherine Snow, head of legal at Messari.

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  Posted by u/ 12 months ago

Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund

The organization will host a multi-signature wallet to collect donations in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.

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  Posted by u/ 12 months ago

Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil

Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.

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  Posted by u/ 12 months ago

Digital Asset Recap Q3 2023: Bitcoin and Ether Outperform Wider Market Amid Regulatory Pressure and the Promise of ETFs

The CoinDesk Market Index fell 11% overall as we saw increased bifurcation between established majors (Bitcoin and Ether) and all other digital asset protocols and projects, writes Todd Groth, head of research at CoinDesk Indices.

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  Posted by u/ 12 months ago

What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial

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  Posted by u/ 12 months ago

Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project

The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.

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  Posted by u/ 12 months ago

Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny

The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.

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  Posted by u/ 12 months ago

Polkadot Community Urges Rate Adjustment for 100 Million DOT Unlocking Event!

Polkadot community approximately 100 million DOTs that were initially locked in the first batch of Crowdloans are set to be unlocked on October 23.

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  Posted by u/ 12 months ago

Crypto Investment Products Raises $78M In Inflows Last Week

Crypto investment products attracted $78 million in inflows during the second consecutive week, with Bitcoin leading the way.

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  Posted by u/ 12 months ago

FTX Advisor Kumanan Protects $400M Assets By Using Ledger Nano Wallet

FTX advisor Kumanan protects $400m assets against the FTX hack with his Ledger Nano wallet as a temporary refuge for the funds until BitGo took over. The hack led to $400 million in losses; hacker's identity unknown so far.

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  Posted by u/ 12 months ago

Explosive Testimony Unveils FTX Fraud Trial?s Second-Week Showdown: SBF vs. Ellison

Caroline Ellison, a pivotal figure in the FTX fraud trial, is set to testify against FTX co-founder Sam Bankman-Fried, marking a crucial moment in the high-profile FTX fraud trial.

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  Posted by u/ 12 months ago

FTX?s insurance fund figure was faked by using Python code

FTX's insurance fund figure was faked by using Python code

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  Posted by u/ 12 months ago

Ethereum Foundation Sold ETH of 1,700

The Ethereum Foundation sold $ETH, totaling 1,700 ETH, worth approximately $2.74 million

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  Posted by u/ 12 months ago

Bitstamp European Services To Launch In 2024

Bitstamp, a prominent cryptocurrency exchange, has announced its ongoing negotiations with three major European banks to facilitate Bitstamp European services, with plans to launch these services in 2024.

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  Posted by u/ 12 months ago

3AC Co-founder Su Zhu Jailed In Singapore, Sleeping On Straw Mats

3AC co-founder Su Zhu jailed at Changi Prison sleeping on straw mats instead of beds after legal clash over Three Arrows Capital's assets.

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  Posted by u/ 12 months ago

Sam Bankman-Fried Ex-girlfriend Testimony May Reveal Extensive Financial Misconduct

Sam Bankman-Fried ex-girlfriend testimony will expose insights into FTX and Alameda's alleged financial chicanery in Sam Bankman-Fried's trial.

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  Posted by u/ 12 months ago

Alameda minted USDT of 39.55B, 47% of Tether?s circulating supply today.

Alameda minted 39.55B USDT, 47% of Tether?s circulating supply today.

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  Posted by u/ 12 months ago

HTX Hacker Returns Stolen Funds to Exchange

All funds have been replenished, and the attack has been treated as a white-hat incident.

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  Posted by u/ 12 months ago

Prosecutors Push to Omit Anthropic Reference in SBF?s Fraud Trial

Prosecutors request exclusion of Anthropic investment in ex-FTX CEO's fraud trial, citing irrelevance and potential prejudice.

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  Posted by u/ 12 months ago

Prosecutors Seek to Prevent Anthropic Mention in Sam Bankman-Fried's Trial

Prosecutors are seeking to preventÂ\xa0Sam Bankman-FriedÂ\xa0from mentioning AI startupÂ\xa0AnthropicÂ\xa0during the proceedings.

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  Posted by u/ 12 months ago

BNB Chain-Based Altcoin LSC Faces Rug Pull Draining $1.1 Million, Token Slumps 98%

The exit scam address dumped a total of 3 million LSC tokens from two separate addresses.

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  Posted by u/ 12 months ago

Coinbase?s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data

With the re-minting of native USDC on the Base, the network's TVL has risen again, beating zkSync Era, currently at $435 million.

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  Posted by u/ 12 months ago

Upbit Saw a 117% Rise in Hacking Attempts in H1 2023

Upbit, a South Korean exchange, reported 159,000 hacking attempts in H1 2023, a 117% rise from 2022 and 1,800% surge from H1 2020.

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  Posted by u/ 12 months ago

Huobi, KuCoin Among Crypto Firms on UK Watchdog?s Radar

FCA warns 145 digital asset companies, including Huobi-owned HTX and KuCoin, expanding regulations for cryptoasset service providers.

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  Posted by u/ 12 months ago

Tezos Price Prediction as XTZ Pumps 11.5% - Here's Where the Crypto Is Headed Next

Tezos (XTZ)'s almighty pump on Monday may have come after the cryptocurrency broke this key long-term downtrend.

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  Posted by u/ 12 months ago

Crypto Companies Come Together to Provide Humanitarian Aid to Israel

Crypto companies have come together in a bid to help civilians who've fallen victim to the recent attacks.

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  Posted by u/ 12 months ago

Digital Asset Fund Inflows Reach $78m as Trading Volumes Soar to $1.13bn: Coinshares

Digital asset investments rebounded with a surge in popularity, attracting $78M in inflows last week, double the previous week.

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  Posted by u/ 12 months ago

Meituan Troubles Are Piling Up Even After 40% Slump

Meituan Troubles Are Piling Up Even After 40% Slump

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  Posted by u/ 12 months ago

Stocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets Wrap

Stocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets Wrap

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  Posted by u/ 12 months ago

Parents beg Biden after Hamas attack: Help rescue US hostages

Itay Chen, a U.S.-born member of the Israel Defense Forces, is believed to be among the 130 or more people taken captive by Hamas.

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  Posted by u/ 12 months ago

China Stocks Languish After Return From Holiday as Risks Abound

China Stocks Languish After Return From Holiday as Risks Abound

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  Posted by u/ 12 months ago

Gaza Won't Hamper Markets ? Unless Israel Strikes Iran

Gaza Won't Hamper Markets ? Unless Israel Strikes Iran

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  Posted by u/ 12 months ago

Oil Climbs as Israel Attacks Spur Flight to Safety: Markets Wrap

Oil Climbs as Israel Attacks Spur Flight to Safety: Markets Wrap

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  Posted by u/ 12 months ago

Election denial 'industry' continues to weigh on democracy

After little success in the midterms, only a handful of election deniers have stuck around. But experts are watching their impact in 2023 and 2024.

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  Posted by u/ 12 months ago

California gov. vetoes bill that would give free condoms to students

California Governor Gavin Newsom has vetoed a bill that would have made free condoms available to high school students.

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  Posted by u/ 12 months ago

Ripple CTO seeks community consensus for XRPL AMM feature adoption

Schwartz stated that if the majority supports the amendment, the changes could be implemented in as little as two weeks.

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  Posted by u/ 12 months ago

Gitcoin screws up transfer, sends $460K to unrecoverable address

Gitcoin?s project lead said the snafu has resulted in nearly half a million in funds being forever locked in a one-way contract address.

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  Posted by u/ 12 months ago

Silk Road Founder Ross Ulbricht: A Decade Behind Bars Ignites Controversy

Silk Road, a darknet marketplace, revolutionized illicit trade with Bitcoin. $1.2 billion in sales, 9.5 million Bitcoin exchanged.

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  Posted by u/ 12 months ago

Early XRP Investor who made millions sets sight on a new crypto

Success stories often emerge from the early pioneers who had the vision and courage to invest in innovative digital assets. One such story revolves around an anonymous early Ripple (XRP) investor who not only witnessed the remarkable rise of Ripple’s native token but also had the foresight to cash out at $3 per XRP, amassing […]

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