To avoid impersonation scams in crypto, verify online profiles, be cautious of overly enticing offers, and employ multi-signature wallets for added security.

US Senator Cynthia Lummis (R-WY) says the U.S. Department of Justice (DOJ) should press criminal charges against Binance crypto exchange and Tether over their alleged involvement in financing illicit activity. Lummis says that she is asking the DOJ to conclude its investigation on Binance and USDT-maker Tether and to “consider criminal charges” against the two […]

Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making “big mistakes” during the companies’ fast-paced growth. His official testimony started on Oct. 27, after a hearing on the previous day without […]

Chainlink (LINK) has emerged as one of the top cryptocurrencies in the last week following an impressive market performance which saw the token gain by 46.49% in the past seven days. Even amidst whale movements, which suggest that investors are taking profit, LINK has managed to maintain its bullish momentum, gaining by 6.10% in the […]

Standard Chartered-backed Zodia Markets, a digital asset exchange and brokerage platform, has been registered as a virtual asset service provider (VASP) with the Central Bank of Ireland, thus further aligning its services with regulatory requirements. Zodia Markets Aims EU Expansion Announced today (Friday), the registration has been granted to the local subsidiary, Zodia Markets (Ireland) […]

Shiba Inu, a cryptocurrency that made headlines with its astonishing ascent starting on October 19, has caught the attention of investors and …

A widely followed crypto analyst is taking another look at the Bitcoin (BTC) charts and breaking down Solana (SOL). Pseudonymous crypto analyst Rekt Capital tells his 362,100 followers on the social media platform X that BTC still may not have found its range high. “BTC  Another way of thinking about this chart… What if the red Range […]

Strategists at a Wells Fargo subsidiary think the US could design and release a central bank digital currency (CBDC) within the next five years. In a new report, Wells Fargo Advisors’ head of real asset strategy John LaForge and investment strategy analyst Mason Mendez say that the US is studying the potential of a CBDC […]

This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more.

Two massive chunks of XRP have been transferred from anon wallets to major exchanges located in opposite parts of world

Bitcoin’s price has expanded considerably throughout the past week, charting an increase of around 15%. We take a look at some of the important technical levels and whether or not the rally has any future potential. Technical Analysis By Shayan Recently, Bitcoin made a decisive breakout above the crucial 100 and 200-day moving averages and […]

The NFT market, one of the most interesting phenomena in the crypto world, faces an unprecedented challenge in October 2023. Data from Dune Analytics reveals that monthly sales on Ethereum and Polygon-based NFT marketplace giant OpenSea have fallen to all-time lows. This decline has been a consistent trend since the first quarter of the year, […]

The fifth bullish cycle of Bitcoin could be very close, driven by a growing interest from institutional investors who see the cryptocurrency as a valuable addition to their asset portfolios Throughout Bitcoin’s history, each bullish cycle has been marked by unique stories and contexts, and this time is no exception. This new Bitcoin bull market […]

The recent outcome of the 1st round in the elections in Argentina, will send Sergio Massa and Javier Milei into the 2nd runoff round. Javier Milei a Libertarian recently entering the political arena as an outsider, will compete for the presidency with Sergio Massa, the current Minister of Economics, running for the incumbent and rebranded […]

SOL, the native token of the Solana blockchain, has been one of the biggest winners in the crypto market lately, delivering another positive price performance over the past week. This impressive price action reflects the increased interest in the altcoin and the recent shift in the climate of the general crypto market.  Interestingly, asset management […]

A total of $37.56 million is being given away in a pair of guaranteed income programs in two of the nation’s major metropolitan areas. A program called Breathe is expanding in Los Angeles county, with the initial aim of giving $1,000 a month to 1,000 people who are struggling to make ends meet over the […]

Hester Peirce of the United States Securities and Exchange Commission (SEC) has issued a dissenting opinion on the regulator’s lawsuit against blockchain firm LBRY. In an Oct. 27 statement, Peirce described feeling “unsettled” following the SEC’s enforcement action against LBRY in March 2021. In November 2022, a judge ruled in favor of the SEC, stating […]

Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple customer emails shared with Cointelegraph. In response to a request for comment from Cointelegraph, a Kraken spokesperson said, via email, “we constantly monitor the assets on our platform to ensure we are meeting […]

The Bloomberg Billionaires Index has revised its revenue estimate for the cryptocurrency exchange Binance, reducing it by 38% as data showed a decline in trading volumes this year. This revision has had a significant impact on the wealth of Binance’s founder, Changpeng Zhao, widely known as CZ, whose fortune has been reduced by $11.9 billion, […]

Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.

Which Cryptocurrencies Were Involved? What Happened? Guarding Your Investments Lessons From A Cryptocurrency Scam Victim Who Lost £300,000 Adobe Stock.

Check out all the important news over the past day in U.Today’s latest digest!

The popular meme asset Dogecoin (DOGE) is surging this week as billionaire Elon Musk reportedly aims to launch financial services on the social media platform X by the end of next year. According to a new report by The Verge, the business magnate says he expects X’s comprehensive financial features to roll out by the […]

One of the biggest banks in the US reportedly refused to reimburse a customer despite security footage showing a criminal stealing cash from an ATM. Then, the media got involved. Berkeley resident and Bank of America customer Kyle Fischer says he recently noticed money had mysteriously vanished from his account, and he promptly alerted the […]

[PRESS RELEASE – Dubai, United Arab Emirates, October 28th, 2023] Zeebu, the pioneering Web3 Neobank for Telecoms, is elated to share a development with its loyal community. Zeebu is thrilled to announce its forthcoming listing on BitForex, a prominent global cryptocurrency exchange, This development marks a significant stride for Zeebu ($ZBU) community and the Telecom […]

The price of Bitcoin stands firm around the critical area of $34,000, hinting at further bullish potential. However, market analysts wonder if enough clues point to the upside or if BTC will return to $20,000. As of this writing, BTC trades at $34,150 with sideways movement in the last 24 hours. The cryptocurrency recorded a […]

Monetary Debasement Debasement refers to the action or process of reducing the quality or value of something. In relation to money, it traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has evolved […]

According to CCData, the value of Bitcoin surged by 7.56%, reaching a peak of $35,000, driven by a wave of interest and speculation. In October, six ETFs based on Ethereum futures were introduced to the market, opening up new opportunities for investors. Shortly after the introduction of these ETFs, Bitcoin saw a price increase, surging […]

Backed, a platform that tokenizes real-world assets, has integrated Chainlink’s Proof of Reserve (PoR) technology to enhance the security and transparency of its smart contracts. This integration allows users to verify in real time that the assets backing Backed’s tokens are fully collateralized and audited. Backed is a Swiss-based company that specializes in creating blockchain-based […]

Sam Bankman-Fried, founder of collapsed crypto exchange FTX, took the stand without the jury present to preview his potential defense.

Kraken has appointed Bivu Das as the Managing Director for the UK. He brings nearly two decades of experience in commercial enterprise and fintech strategy development to his new role. His appointment happens when the cryptocurrency exchange is expanding its services in the region. Before joining Kraken, Das co-founded a crypto startup that focused on […]

According to customer emails, the changes will go into effect starting Nov. 30.