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   Business News    Financial News   Financial News

  Posted by u/ 12 months ago

US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase

A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase.

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  Posted by u/ 12 months ago

Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges

Major NFT marketplaces, includingÂ\xa0OpenSea,Â\xa0Blur, andÂ\xa0Rarible, have taken down theÂ\xa0Stoner CatsÂ\xa0NFT project following charges filed by theÂ\xa0SEC.

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  Posted by u/ 12 months ago

Bitcoin Price Prediction: BTC Rises 4% Amidst Dovish FOMC Sentiment

Bitcoin (BTC), the world's largest cryptocurrency, continued its upward trend and came very close to reaching the $27,000 mark on Tuesday. Initially, BTC surged past the $27,000 level, which is the highest it has been since August 31st.

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  Posted by u/ 12 months ago

Bitcoin Bollinger Bands hit key zone as BTC price fights for $27K

BTC price is at a decision point within the context of the Bollinger Bands, but only time will tell whether Bitcoin can muster a breakout, their creator says.

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  Posted by u/ 12 months ago

Ripple, Cardano, Solana Products See Weekly Inflows, Bitcoin, Ethereum With Large Outflows: CoinShares

Solana, Cardano, and XRP have bucked the prevailing market conditions and, in contrast, have garnered inflows.

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  Posted by u/ 12 months ago

Decoding Bitcoin Spark: The New Cryptocurrency on the Block Set to Rival XRP

The crypto industry is rapidly evolving, with massive and potential projects inaugurated. Therefore, the decentralized ecosystem has maintained a connection with virtual currency as they depict it as the future

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  Posted by u/ 12 months ago

Bitcoin Whale Wakes up After 6 Years to Transfer Over $56M in BTC

The whale's Bitcoin holdings have increased its USD valuation by over 377% over the years.

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  Posted by u/ 12 months ago

OPNX?s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report

The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is ?illiquid? and has ?speculative value.?

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  Posted by u/ 12 months ago

Bitcoin futures open interest jumps by $1B: Manipulation or hedge?

Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC price is being manipulated.

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  Posted by u/ 12 months ago

Hong Kong?s first licensed crypto exchange HashKey is now live

HashKey Exchange, the first licensed retail virtual asset exchange registered in Hong Kong, announced its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey held the grand launch in Hong Kong. Strictly adhering to the SFC’s user registration and KYC requirements, the HashKey Exchange platform […]

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  Posted by u/ 12 months ago

New UK bill to seize stolen crypto reach final approval stage

Key takeaways The UK House of Lords has passed a bill to seize stolen cryptocurrencies. The bill targets monetary proceeds from fraud or other financial crimes. The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities to target illicit cryptocurrency usage has been passed for approval by […]

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  Posted by u/ 12 months ago

Nexera Exchange launches its on-chain limit order book

Key takeaways Nexera Exchange’s first innovative trading feature is now live. The on-chain limit order book feature enhances interaction with decentralised exchanges it is integrated with.  Nexera Exchange’s first innovative trading feature is now active Nexera Exchange, the platform recently introduced by AllianceBlock, has added an innovative on-chain limit order book to the exchange. In […]

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  Posted by u/ 12 months ago

OKX partners with Solana Mobile to expand Web3 access via Saga

OKX app launches in Solana Saga dApp store Access to the OKX app via Solana Saga expands Web3 to more users. Solana Saga is a crypto-ready smartphone launched in April. Crypto exchange OKX has partnered with Solana Mobile in a collaboration that sees the OKX app added to the dApp store of Solana’s Web3 smartphone […]

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  Posted by u/ 12 months ago

Jasmy Coin price descending triangle points to more downside

Jasmy price has formed a descending triangle pattern on the daily chart. Focus now shifts to the upcoming Federal Reserve interest rate decision. Jasmy coin price has moved sideways in the past few days even as other cryptocurrencies have bounded back. The coin was trading at $0.0035 on Tuesday, where it has been in the […]

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  Posted by u/ 12 months ago

How AI Trading Could Change the Game

Investment and trading have come a long way in the last few decades. Online trading platforms and options democratized the market and ensured that trading stocks and shares was no longer the sole pursuit of the wealthy. With the advent of the first truly functional AI programs and software, the industry is being disrupted once […]

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  Posted by u/ 12 months ago

Japan?s banking giant Nomura launches Bitcoin adoption fund

Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC). Nomura, a $500 billion Japanese investment banking giant, has launched a new Bitcoin fund for institutional investors. The new fund […]

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  Posted by u/ 12 months ago

FTX sues Bankman-Fried?s parents, targets $26M in gifts and property

FTX has sued the parents of Sam Bankman-Fried. The bankruptcy estate of the collapsed crypto exchange says founder and former CEO Sam Bankman-Fried fraudulently gifted millions of dollars to his parents. FTX wants to recover $10 million in cash gift and $16.4 million in property in The Bahamas. Bankrupt crypto exchange FTX has sued Allan […]

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  Posted by u/ 12 months ago

Dogelon Mars (ELON) sees spike in network growth- can price follow?

Dogelon Mars (ELON) price is up 5% in the past week. The meme token has seen a spike in network activity as increased discussion adds to address growth. Dogelon Mars (ELON) is one of the many meme coins that have recently seen significant declines, most notably as the broader market struggled with downside pressure earlier […]

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  Posted by u/ 12 months ago

Petra crypto wallet is integrating Coinbase Pay

Petra will add Coinbase Pay to its mobile and desktop applications. It expects the collaboration to help make crypto transactions more seamless. Petra has integrated into more than 160 decentralised applications to date. Petra – a crypto wallet by Aptos Labs – has decided to integrate Coinbase Pay into its mobile and desktop applications. What […]

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  Posted by u/ 12 months ago

AI Eye: Real uses for AI in crypto, Google?s GPT-4 rival, AI edge for bad employees

How Maker, The Sandbox and Near are using AI in crypto, plus terrible workers benefit most from AI and Google?s GPT-4 rival nears release.

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  Posted by u/ 12 months ago

Token2049 captivates Singapore, Huobi rebrands on 10th Anniversary: Asia Express

The 3AC saga continues, Token 2049 kicks off in Singapore and CoffeeDAO gives mom-and-pop cafes a leg up on Starbucks.

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  Posted by u/ 12 months ago

Why is Litecoin price up today?

Litecoin price is up today, mirroring a broader crypto market rebound ahead of this week's Fed rate decision.

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  Posted by u/ 12 months ago

FTX Bankruptcy Estate Sues Sam Bankman-Fried?s Parents, Joseph and Barbara, to Claw Back ?Misappropriated Funds'

Allan Joseph Bankman and Barabara Fried, the parents of Sam Bankman-Fried, have been sued by the FTX bankruptcy estate.

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  Posted by u/ 12 months ago

Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund

Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.

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  Posted by u/ 12 months ago

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime.

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  Posted by u/ 12 months ago

Binance Staked Ether Experiences $573M in Inflows This Month

Binance's staked ether token (BETH) experienced $573 million in deposits across two single days in September, more than quadrupling total value locked to $731 million, DefiLlama data show.

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  Posted by u/ 12 months ago

Citigroup Unveils Token Services for Institutional Clients

In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.

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  Posted by u/ 12 months ago

JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says

The territory?s leader urged investors to use licensed platforms and promised more education about crypto risks

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  Posted by u/ 12 months ago

The SBF Trial: How Did We Get Here?

Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. And in two weeks, he?ll begin his effort to convince a jury of his peers that he didn?t commit any of many alleged crimes while running the company.

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  Posted by u/ 12 months ago

Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says

While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.

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  Posted by u/ 12 months ago

Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investors

The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital.

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  Posted by u/ 12 months ago

Optimism Quietly Rolls Out Third Community Airdrop

Optimism airdrops 19,411,313 token worth $27 million.

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  Posted by u/ 12 months ago

Cøbra Can't Fight $700K Craig Wright Legal Fees as an Anon, UK Judge Rules Again

The pseudonymous Bitcoin.org operator lost an appeal on a November ruling that said he cannot challenge legal fees from the self-proclaimed Bitcoin inventor while remaining anonymous.

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  Posted by u/ 12 months ago

First Mover Americas: Bitcoin Hits $27K for First Time in Two Weeks

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 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/ 12 months ago

CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction

Binance.US previously told a DC court it used custody software offered by Binance?s international arm that was later rebranded Ceffu.

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  Posted by u/ 12 months ago

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service

Binance says Paysafe gave it short notice that a ?very small portion? of European users will be subject to an earlier closure before the payments provider pulls support for the exchange on Sept. 25.

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  Posted by u/ 12 months ago

Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail

The one-time crypto exchange executive has made several arguments to get out of jail before his trial.

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  Posted by u/ 12 months ago

Eventually, We Are All Ethereum

History suggests that, slowly but surely, all layer 2s will migrate to the Ethereum, says EY?s Global Blockchain Leader.

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  Posted by u/ 12 months ago

Sam Bankman-Fried?s Dad Thought His Son Wasn?t Paying Him Enough, So He Got Mom Involved

The alleged dispute over Joe Bankman?s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.

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  Posted by u/ 12 months ago

Binance?s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts

As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1

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  Posted by u/ 12 months ago

Crypto Wants a De Minimis Tax Exemption in the U.S.

The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this month.

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  Posted by u/ 12 months ago

Does Coinbase Have a Diversification Problem?

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  Posted by u/ 12 months ago

U.S. SEC?s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

The U.S. Securities and Exchange Commission (SEC) isn?t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency?s Crypto Assets and Cyber Unit.

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  Posted by u/ 12 months ago

Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.

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  Posted by u/ 12 months ago

Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges

The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.

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  Posted by u/ 12 months ago

Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show

The company filed for bankruptcy in August.

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  Posted by u/ 12 months ago

Stanford University Will Return 'Gifts' Donated by FTX: Report

Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report.

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  Posted by u/ 12 months ago

SEC?s David Hirsch: Crypto Industry Faces New Wave Of Legal Action

David Hirsch, the Chief of Crypto Enforcement at the United States Securities and Exchange Commission (SEC), has issued a stern warning to the crypto industry, indicating that more enforcement actions and charges are on the horizon.

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  Posted by u/ 12 months ago

Stanford To Refund Millions In FTX Donations Amid Financial Misconduct Allegations

Stanford University will return FTX-related donations amid allegations against the founder's parents. The lawsuit claims Sam Bankman-Fried's parents enriched themselves using FTX funds; Stanford received $5.5 million.

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  Posted by u/ 12 months ago

Justin Sun?s High-Yield Project Stirs $1.8 Billion Surge, Posing Risks For Huobi Global

In a bid to attract yield-seeking crypto investors, Justin Sun unveiled stUSDT, a project offering 5% returns tied to low-risk securities like government bonds. Huobi Global, the exchange facilitating stUSDT investments, faces growing scrutiny and risk as its crypto reserves shift.

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