Sam Bankman-Fried Faces Trial as Former Colleagues Take the Stand Against Him
www.financemagnates.com

FTX’s Founder, Sam Bankman-Fried, is set to stand trial tomorrow (Tuesday). He faces charges related to the crypto exchange’s collapse and the alleged misappropriation of billions of dollars in customers’ funds. This six-week trial aims to reveal testimonies, internal documents, and emails that will shed light on the FTX scandal. The most intriguing revelations are […]

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Sam Bankman-Fried set to face trial after spectacular crash of crypto exchange FTX – CBS News
www.google.com

Sam Bankman-Fried's trial is set to kick off on Tuesday, with the founder of failed cryptocurrency exchange FTX facing a potential prison term of …

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Ethereum futures ETFs garner lukewarm reception on first day of trading
cointelegraph.com

Day one trading volume across all nine products stood at less than $2 million.

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Former SoftBank Executive Creates Stablecoin to Beat Inflation
crypto-economy.com

Akshay Naheta, a former executive at SoftBank, is venturing into the cryptocurrency world with his latest project, DTR. Unlike most players in the stablecoin market who have been focusing on USD-pegged coins, Naheta is taking a unique approach by introducing a new stablecoin backed by the United Arab Emirates dirham (AED). According to a recent […]

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Coinbase Granted License for Crypto Payment Services in Singapore
cryptopotato.com

US-based cryptocurrency exchange Coinbase has successfully obtained a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), building on its in-principle approval granted by the state regulator in October of the previous year. This significant milestone grants the company the authority to provide regulated digital payment token (DPT) products and services. As […]

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XRP Price Disappoints: Crypto Analyst Reveals Why He Will No Longer Accumulate
www.newsbtc.com

The sentiment around the XRP price has been mostly bullish lately with numerous predictions coming through for a potential rally. However, not everyone has joined the bull bandwagon after being disappointed by the XRP price performance. One analyst in particular has expressed its displeasure at XRP’s performance over the years, and as a result of […]

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US Government Frames Bitcoin Privacy As “Criminal”
bitcoinmagazine.com

In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. Sterlingov would “jeopardize […]

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Fuse Network welcomes Liquify as new blockchain infrastructure partner
www.cryptoninjas.net

Today, Fuse Network, an enterprise-grade, use-case agnostic, decentralized EVM-compatible public blockchain, announced Liquify as its newest remote procedure call (RPC) provider and ecosystem partner. Liquify will provide public RPC services – both free and private. RPC nodes help process requests from decentralized applications (dApps). They are vital for improving the usability of web3 and for […]

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Robert Kiyosaki Says Bitcoin, Gold and Other Assets Will Become Priceless Amid Fed’s Latest Move
dailyhodl.com

Rich Dad Poor Dad author Robert Kiyosaki believes that a number of assets including Bitcoin (BTC) will become “priceless” as the Federal Reserve works on a controversial project. The best-selling author tells his 2.4 million followers on the social media platform X that the Fed’s central bank digital currency (CBDC) will make certain assets invaluable. […]

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One of Ethereum’s Biggest Rivals Gearing Up To Outperform ETH, According to Former ARK Invest Crypto Analyst
dailyhodl.com

Crypto investor and venture capitalist Chris Burniske says that Solana (SOL) is poised to start outrunning Ethereum (ETH) in a new trend formation. Sharing a chart posted by on-chain analyst Will Clemente, Burniske shows Solana versus Ethereum (SOL/ETH) putting in a series of higher lows and higher highs in a potential shift in long-term momentum. […]

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Solana (SOL) Price Analysis for October 1
u.today

How big is chance to see further rise of Solana (SOL)?

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Thousands lose over Rs 200 cr in series of crypto rug-pulls in Himachal – Business Standard
www.google.com

Cryptocurrency is a digital currency designed to work as a medium of exchange through a blockchain-based computer network that is not dependent on …

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Grayscale submits SEC filing to convert Ethereum Trust to spot ETF
cryptonews.com.au

futures exchange-traded fund (ETF), Grayscale Investment is set to convert its Grayscale Ethereum Trust to a spot Ethereum spot ETF. The New York Stock Exchange Arca filed for the conversion with the United States Securities and Exchange Commission (SEC) on Oct. 2. The existing Trust invested in Ethereum futures contracts as an indirect means of […]

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Investors Lost $686 Million Last Quarter to Hacks, Fraud: Immunefi
cryptonews.com.au

The last quarter was this year’s worst in terms of dollars lost to hacks and frauds, says a new report. Crypto investors lost $685.5 million in Q3 2023, up 59% from $428 million year-over-year, according to a report by Immunefi, a bug bounty and security services platform, shared with Decrypt. The stolen amount marks a […]

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Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH
cointelegraph.com

The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall.

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XRP Price Bloodbath On The Horizon? Report Casts Doubt On Recent Rally
www.newsbtc.com

Over a billion dollars in liquidations sent the XRP price and the crypto market back from the dead and into local highs. However, new data suggests the rally might be short, pushing down the nascent sector into critical support. As of this writing, the XRP price trades at $0.5 with a 4% profit in the […]

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Don’t Expect Bitcoin (BTC) Correction to $20,000, Says Crypto Analyst – Here’s Why
dailyhodl.com

One crypto analyst is issuing a warning that Bitcoin (BTC) is likely about to leave the station without giving traders any more good entries. Pseudonymous analyst Credible Crypto tells his 346,000 followers on social media platform X that Bitcoin’s recent price action may appear similar to 2019, making some traders expect a large correction after […]

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Comparison Between Bitcoin Spark and Ethereum for the Next Bull Run
cryptopotato.com

Bitcoin Spark (BTCS) and Ethereum are prominent cryptocurrencies standing out as compelling choices for potential investors in 2023. Bitcoin Spark’s innovative mining approach and Ethereum’s technological advancements and market resilience make them interesting options in the 2023 crypto landscape. Bitcoin Spark (BTCS) BTCS stands out as one of the interesting cryptos to watch in 2023 […]

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XRP Holders' Lawyer Reveals How Firms Should Deal With SEC
u.today

XRP holders’ lawyer to crypto firms: Do not ‘cooperate with or talk to anyone at the SEC’

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"A Vital Market": Coinbase Obtains Singapore License
www.financemagnates.com

San Francisco-headquartered crypto exchange Coinbase (Nasdaq: COIN) has strengthened its Southeast Asian presence by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. Coinbase’s Ambitions for Singapore Announced today (Monday), the crypto exchange gained the full license after a year of in-principal approval from the regulator of the city-state. Earlier, Coinbase […]

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Unmasking Zanubis: banking trojan's sneaky evolution and <b>cryptocurrency</b> threats unveiled
www.google.com

Kaspersky experts have analyzed a recent campaign by Zanubis, a banking Trojan distinguished by its adeptness at assuming the guise of legitimate …

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Silk Road founder marks 10 years into his double life sentence in prison
cointelegraph.com

Ross Ulbricht the founder of the first “modern darknet market” has reached the 10-year mark of his double life sentence in prison after having his laptop seized by the FBI in 2013.

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Satoshi Nakamoto Unmasked: Did He End His Life Because of Bitcoin?
cryptonews.com.au

What if disappeared in a way we previously hadn’t considered? The life story of a new candidate for the mysterious Bitcoin founder shares some similarities. The identity of Nakamoto, the mysterious figure behind the world’s oldest cryptocurrency, remains arguably one of the biggest mysteries in crypto. Despite the significant passage of time since the publication […]

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Bitcoin MPI Forms Death Cross, End of The Rally?
www.newsbtc.com

On-chain data shows the Bitcoin Miners’ Position Index (MPI) has formed a death cross recently, a sign that the asset’s rally may end. Bitcoin MPI Has Formed A Bearish Crossover Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the 365-day moving average (MA) of the BTC MPI has crossed above the […]

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Wall Street Veteran Caitlin Long Warns of More Rate Hikes, Says Recession Is Already Happening in the US
dailyhodl.com

A seasoned Wall Street investor is issuing a warning that the Fed’s long battle with inflation is likely not yet over. In a new interview with Kitco News, Custodia Bank chief executive Caitlin Long says that the Fed will surprise people and continue to raise interest rates. Long says her prediction is based on her […]

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More Than $892,000,000 Lost in Exploits Involving Oracle Networks, According to New Binance Research
dailyhodl.com

A new report from Binance Research says exploits related to oracle networks have caused nearly a billion dollars worth of losses over the past three years. Oracles connect blockchains to external data allowing smart contracts to execute tasks based on real-world events or conditions. Decentralized finance (DeFi) protocols use oracles to fetch the market price […]

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Judge Orders SBF Not to Blame FTX Lawyers in Opening Statement
crypto-economy.com

As the disgraced founder of collapsed cryptocurrency exchange empire, FTX, Sam Bankman-Fried (SBF), awaits trial, the judge has ordered his legal team not to blame FTX lawyers for the wrongdoings he committed in the opening statement. In a 10-page memorandum opinion issued on Sunday, October 1, federal judge Lewis Kaplan ordered that SBF’s defense team […]

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This is How Much Shiba Inu (SHIB) Tokens Got Burned Last Month
cryptopotato.com

Shiba Inu’s burning program keeps going at relatively good temps, with over 2.3 billion tokens destroyed last month (equaling over $17,500 calculated at current rates). The process was finalized through 426 transactions. 2,323,834,085 $SHIB tokens have been burned in the month of September with 426 transactions. #Shib pic.twitter.com/ywWejDn3jy — Shibburn (@shibburn) October 1, 2023 However, […]

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Bitcoin (BTC) Price Eyeing $31K After Breaking Bearish Trend
u.today

Bitcoin demonstrated significant upward momentum, but it remains to be seen whether it is sustainable

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Crackdown on Crypto Continues: CFTC Busts Cryptobravos
www.financemagnates.com

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against individuals and entities associated with Cryptobravos. It has accused them of a massive fraud scheme. The CFTC alleges that the defendants fraudulently solicited and misappropriated tens of millions of dollars from hundreds of individuals worldwide, including the United States, under various trading […]

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New 1000x Meme Coins and Hot Crypto Presales | Analyzing the Best <b>Cryptocurrency</b> …
www.google.com

With a plethora of emerging tokens, intriguing presales, and established giants, the world of cryptocurrency offers opportunities aplenty. In this …

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Sam Bankman-Fried FTX trial — five things you need to know
cointelegraph.com

The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know.

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