Here's how much money Calgarians have lost to <b>cryptocurrency</b> scams so far in 2023
www.google.com

"It is important for citizens to know that while cryptocurrency can be used legitimately, fraudsters often lure victims with promises of a quick way …

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Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
cointelegraph.com

Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer.

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XRP Price Suddenly Jumps, Here’s Crazy Explanation
u.today

The fifth largest digital currency has demonstrated a sudden jump but it did not last long – here’s what happened

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Crypto Exchanges Will Need To Register for Financial Services License Under New Australian Proposal
dailyhodl.com

The Australian government is floating a proposal that if implemented will require crypto exchanges to seek licensing from the country’s financial services and financial markets regulator to operate. According to the proposal, a digital asset intermediary must obtain an Australian financial services license granted by the Australian Securities and Investments Commission (ASIC) to “issue and […]

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SEC Unveils 2024 Focus: Crypto Dealer-Brokers and Transfer Agents in the Spotlight
crypto-economy.com

The United States Securities and Exchange Commission continues to set its sights on the world of cryptocurrencies and blockchain technology as it reveals its examination priorities for the fiscal year 2024. The regulator is keeping a close eye on the rapid growth of various investments, particularly crypto assets and related offerings, according to the SEC’s […]

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Binance.US Users Face USD Withdrawal Issues
crypto-economy.com

Binance.US, the American branch of the world’s largest cryptocurrency exchange, has announced some major changes to its terms of service (ToS) that may affect its users’ ability to withdraw USD and access FDIC insurance. Binance.US Continues to Struggle Due to Regulatory Pressure According to a tweet by crypto trader Asher Hopp, Binance.US has updated its […]

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Binance.US Stops Direct Dollar Withdrawals amid Regulatory Pressure
www.financemagnates.com

Binance.US has halted direct US dollar withdrawals from its platform. This change follows a series of regulatory actions by the US Securities and Exchange Commission (SEC). As a result, Binance.US’ users are now required to convert their US dollar holdings into stablecoins or other digital assets for withdrawal. This decision was revealed in the exchange’s […]

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Meme Coins That Are Ripe For The Picking Following $3.2 Billion Crash
www.newsbtc.com

As the crypto market suffered major losses due to the bear season, meme coins were not left out. These tokens which are often created in line with memes on the internet saw their cumulative market cap drop by $3.2 billion in 2023. This decline has paved the way for possibly buying these highly popular tokens […]

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BAYC creator Yuga Labs completes restructuring to focus on metaverse
cryptonews.com.au

Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry. Yuga Labs CEO Daniel Alegre took to X (formerly Twitter) on Oct. 17 to report that the company has finalized its restructuring that was announced in early October. “We […]

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Bitcoin’s Dominance Keeps Rising Despite BTC’s Failed Attempt at $29K (Market Watch)
cryptopotato.com

Bitcoin tried its hand at taking down the $29,000 level once again hours ago but was stopped in its tracks and currently sits several hundred dollars below it. However, its dominance over the altcoins keeps rising to new multi-month peaks, as most of the alts are sitting in the red now. BTC Fails at $29K […]

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Calgary Residents Have Lost Over $22.5 Million to <b>Cryptocurrency</b> Scams This Year
www.google.com

Canadian police have issued a warning to citizens in Calgary, Alberta, about the rise in cryptocurrency scams. Residents have reported losing over …

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Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
cointelegraph.com

41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study.

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Bitcoin (BTC) Could Crash 50% From 2023 High Before Next Year’s Halving, Says Analyst Benjamin Cowen
dailyhodl.com

Widely followed crypto analyst Benjamin Cowen is warning that Bitcoin (BTC) could see a significant price drop before next year’s halving event in April 2024. In a new interview with Scott Melker, Cowen says Bitcoin has historically collapsed by 50% in the lead-up to a halving event. Whlie the analyst doesn’t specifically predict such a […]

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Bitcoin (BTC) Whales Are Waking up Massively, Can It Affect Price?
u.today

Massive return of Bitcoin whales might create some issues

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Mash, TFTC Launch New Publishing Products Powered By Bitcoin
bitcoinmagazine.com

Announced today, Mash and TFTC revealed they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network.  This partnership also marks the relaunch of the TFTC publishing platform, now featuring curated content from authors like Parker Lewis, Jordan Schachtel, and Whitney Webb. […]

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Buterin’s $15M USDC Transfer to Gemini Explained by Ethereum Foundation
crypto-economy.com

Ethereum co-founder Vitalik Buterin has reportedly transferred $14.93 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini. The transaction was detected by blockchain analytics firm PeckShield and independently verified. #PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207…D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z — PeckShieldAlert (@PeckShieldAlert) October 17, 2023 The funds were originally received from […]

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Exchanges Experience Lowest Trading Levels in 3 Years
crypto-economy.com

Amid an ever-changing crypto market, investors and enthusiasts have been observing a significant decline in trading volumes during the month of September 2023. According to recent reports, trading volumes on centralized crypto exchanges have plummeted during the month of September, marking their lowest levels since October 2020. This decline has been reflected in both spot […]

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Mastercard Testing Tokenization of CBDCs – What You Need to Know
www.financemagnates.com

Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing the tokenization of CBDCs, which has the potential to change the way digital currencies are utilized in everyday transactions. Understanding CBDC Tokenization Before delving into Mastercard’s involvement, it’s critical to […]

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Fantom Foundation Wallets Drained, More Pain For FTM Holders As Prices Tank
www.newsbtc.com

Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom’s team members also lost $3.4 million. Fantom Foundation Falls Victim To Phishing Attack Fantom Foundation is a non-profit organization […]

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Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
cointelegraph.com

The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.

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Cardano Creator Charles Hoskinson Says Game of Crypto vs. CBDCs Now Underway – Here’s What He Means
dailyhodl.com

Cardano (ADA) creator Charles Hoskinson says that the real battle in digital assets is now between cryptocurrencies and central bank digital currencies (CBDCs). In a new Coin Bureau interview, the chief executive of Input Output Global warns of the dangers of CBDCs and extolls the key principles of decentralized crypto. “It’s not a game of […]

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Fantom Foundation Hacked for Over $7,000,000 Worth of Ethereum (ETH) and FTM: Report
dailyhodl.com

The foundation behind the Ethereum (ETH) rival Fantom (FTM) just suffered a major exploit, according to blockchain security experts. According to posts on social media platform X from CertiK Alert, wallets belonging to the Fantom Foundation have just been drained of ETH and FTM. “Fantom Foundation wallets have been drained on Ethereum and Fantom So […]

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Bitcoin Investor Scaramucci Names 3 Reasons Why He's Bullish on Flagship <b>Cryptocurrency</b>
www.google.com

Anthony Scaramucci, a notable investor, has three compelling reasons for his bullish stance on Bitcoin, the largest cryptocurrency. All of them …

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Why US Anti-Crypto Bill Could Be Approved Amid Israel-Hamas Conflict
cryptonews.com.au

The recent Israel-Palestine conflict has intensified the scrutiny of crypto transactions in the United States. This is predominantly due to reports suggesting militant groups, including Hamas, received financing via cryptocurrencies. The link between cryptocurrencies and the financing of global security threats is reshaping political discourse around crypto legislation. US Anti-Crypto Bill Gains Ground Hamas reportedly […]

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

Digital asset investment products attracted inflows for the third week in a row, totaling $15 million. However, trading volumes remain 27% below the 2023 average. Over the past week, Bitcoin saw inflows of $16 million, bringing the year-to-date inflows to $260 million, while short BTC products also received $1.7 million. Altcoins, however, did not have […]

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Binance Burns Unbelievable $453 Million Worth of BNB
u.today

Binance removes enormous amount of BNB from circulation, and price starts moving

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Timeout Trees: A Solution To Scaling Lightning Network LSPs
bitcoinmagazine.com

One of the biggest inherent limitations to the Lightning Network is the limited number of channels that can be opened or closed per block given the blocksize limit. Regardless of how many transactions can occur off-chain how cheaply, this is a fundamental bottleneck restricting how many people could actually realistically use the Lightning Network. Even […]

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Ethereum-Based Altcoin That’s Up 700% in Two Months Primed To Grind All the Way Back Down, Says Crypto Analyst
dailyhodl.com

An altcoin running on the Ethereum (ETH) blockchain looks poised to give up a significant part of its massive gains in the last two months, according to a widely followed analyst. Pseudonymous analyst Altcoin Sherpa tells his 196,800 followers on the social media platform X that the native asset of the decentralized oracle Tellor Tributes […]

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BitGo Expands Crypto Services with HeightZero Acquisition
www.financemagnates.com

The crypto custodian firm BitGo has acquired HeightZero, a software platform tailored for wealth managers looking to integrate cryptocurrencies and digital assets into their clients’ portfolios. While the financial details of the deal were not disclosed, this development highlights BitGo’s ambition to expand its presence in the cryptocurrency space. Mike Belshe, the CEO of BitGo, […]

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Bitcoin Thief’s Decade-Long Heist: Solving The Mystery Of The Stolen Silk Road BTC
www.newsbtc.com

In 2012, a staggering 50,000 Bitcoin (BTC) were stolen from the infamous Silk Road, an illicit dark web marketplace. Over the years, the value of the stolen BTC skyrocketed to $3 billion, making it one of the most significant mysteries in cryptocurrency. However, nearly a decade later, a critical mistake by the thief led to […]

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Banks’ crypto exposure must be disclosed — BIS’ Basel Committee
cointelegraph.com

The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025.

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Solana (SOL) Price Poised for Momentum – Bullish Pattern Builds
crypto-economy.com

Solana (SOL), one of the most prominent cryptocurrencies on the market, has been in the spotlight due to a technical pattern that could herald an exciting resurgence. This article explores the main ideas behind this development and the key details. After reaching a high of $260 in November 2021, Solana saw a significant decline in […]

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