Caroline Ellison, Alameda’s former Chief Executive Officer, is expected to take the stand today (Thursday) to testify against Sam Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the exchange collapsed. As the courtroom witnessed the proceedings, Ellison recounted the ups and downs during the final […]

Ethereum, the brainchild of Vitalik Buterin, has evolved from a determined second-place player into a formidable contender for the cryptocurrency …

In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These developments carry profound implications for the bitcoin and broader crypto industry, transcending California’s borders to influence future regulatory paths across other states […]

On-chain data shows Bitcoin has failed in its latest retest of a historically significant metric, a sign that a bearish trend might have taken over. Bitcoin Has Been Rejected From The Short-Term Holder Cost Basis As pointed out by an analyst in a post on X, BTC is currently facing resistance at the short-term holder’s […]

Ethereum’s native token, Ether, is poised to potentially touch $8,000 mark within next two years, per predictions by global bank Standard Chartered

The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.

Summary JPMorgan’s tokenisation platform is called the “Tokenised Collateral Network” (TCN). The bank completed its first tokenised swap with financial institution BlackRock. JPMorgan’s entry into the blockchain sector is a landmark moment for bridging the gap between TradFi and DeFi. Traditional finance giants, JPMorgan, committed themselves to the blockchain sector yesterday upon launching their tokenisation […]

A closely followed crypto strategist says he is flipping bullish on Bitcoin (BTC) after the king crypto dipped below the $28,000 level. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that BTC will likely reverse its downtrend after finding support at a key level. “Did you flip bullish at […]

Crypto analyst Nicholas Merten is issuing a warning that memecoin Dogecoin (DOGE) is likely not finished correcting against Bitcoin (BTC). In a new video update, Merten tells his 512,000 YouTube subscribers that he expects Dogecoin to remain in a bearish trend against Bitcoin for a while as the monthly DOGE/BTC chart continues to show weakness. […]

Summary Real USD (USDR) de-pegged from the US Dollar on Wednesday, dropping by nearly 50%. USDR was backed by real estate and generated revenue through rental income. Although USDR holders will not lose significant amounts of money, the coin will be decommissioned following the de-pegging. Over a year since the calamitous collapse of TerraUSD, another […]

Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing FTX customers’ money, Ellison said FTX bribed the Chinese government with $100 million to unlock a much larger pool of frozen assets. FTX’s Bribes According […]

You're scrolling through TikTok when you see a video showing a pile of cash. The creator said they earned the money by investing in cryptocurrency …

The stablecoin issuer Circle has partnered with Coins.ph, a cryptocurrency exchange based in the Philippines, to promote USDC-denominated remittances. According to a statement released by the company, the service aims to offer a secure, cost-effective, and nearly instant solution for international money transfers for users. Coins.ph’s CEO, Wei Zhou, said: “Coins.ph’s partnership with Circle aims […]

Bitcoin startup Chainway has taken a significant stride in the space with its introduction of the first Ethereum Virtual Machine (EVM) transaction on bitcoin. This is part of Chainway’s continued efforts to implement ZK rollups on bitcoin, a move that may offer enhanced scalability and privacy features to bitcoin. Chainway’s recent demonstration serves as a […]

Alon Muroch, the founder of SSV Network, has been drafted into the Israeli Army, according to an X post shared on October 10. Following this news, SSV, the native token of the SSV Network, fell 5%, dropping below the $14 mark. At this pace, SSV is moving closer to its all-time low of around $13.40, registered in […]

Coinbase and the OKX Exchange have recently joined hands to launch the BIGTIME token in the spot market. It has been revealed that the token was developed by a team consisting of experienced game developers who have worked on several renowned titles. The fundamental aim of the project is to establish a multiplayer role-playing platform […]

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Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices.

Anatoly Yakovenko, co-founder of smart contract platform Solana (SOL), is naming what he says is an “obvious” use case for crypto and blockchain. In a new interview with Austin Federa, head of strategy at the Solana Foundation, Yakovenko says simple payments are one obvious use case for digital assets that anyone can benefit from. “I’m […]

Summary The bank predicts Ether to increase five-fold, sets end of 2024 target to US $4,000 ($6,250). Despite solid year-to-date growth, ETH remains well below all-time highs. While some Ethereum ETFs have received approval and others still await a decision, so far uptake is mediocre Earlier in July, Standard Chartered predicted that Bitcoin (BTC) could […]

Bitstamp’s CEO, Bobby Zagotta, announced that the firm will be discontinuing its services to customers in Canada. The decision is set to take effect on January 8, 2024, and comes after Bitstamp informed its Canadian customers of the impending change back in March. Bitstamp to Exit the Canadian Market Bobby Zagotta, the U.S. CEO and […]

Cryptocurrency exchange Binance announced that e-wallet service provider and payment gateway, SticPay will partner with Binance's payment solution, …

Caroline Ellison, the former Chief Executive Officer of Sam Bankman-Fried (SBF)’s crypto hedge fund Alameda Research, took the stand to testify against him on the second day of her appearance today (Wednesday). Her testimony revealed aspects of SBF’s character, who faces allegations of fraud related to the collapse of FTX. In a report by Reuters, […]

Somewhere, out there in the depths of the universe, a miracle occurred. A single proton was unfolded into two dimensions. All eleven dimensions of its vast, and currently not understood by humankind, multi-dimensional structure was laid flat and bare like a sheet of paper. On that surface the etching began, intricate etching of logic gates […]

The voting ended with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary.

During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison.  According to a TechCrunch report, Ellison testified that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China. Judge Lewis Kaplan […]

A closely followed crypto strategist is warning that an Ethereum (ETH) challenger that’s down about 65% this year will likely witness more sell-off events if the altcoin loses its immediate support. Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that Fantom (FTM) holders should watch out below if the […]

Solana has seen astounding inflows of more than $20 million this week from financial institutions, according to recent report

Hong Kong’s iFinex Inc., the parent company of the popular Bitfinex cryptocurrency exchange platform, is planning to repurchase 15 million shares at a staggering valuation of $1.7 billion, according to a recent Bloomberg report. The decision to buy back shares is driven by a need to consolidate private operations, especially with the increasing scrutiny from […]

October 11, 2023 – Zug, Switzerland Today, The Open Network Foundation (TON Foundation) announces their upcoming attempt to officially be named the world’s fastest blockchain, accredited by Guinness World Records. The public network performance test, which is scheduled for October 31, 2023, at 15:00 UTC, will demonstrate the reliability, scalability and speed of The Open […]

Blockchain analytics platform Santiment says that huge amounts of stablecoin Tether (USDT) are returning to crypto exchanges, which is often a bullish signal. The analytics platform says that the amount of USDT on exchanges has reached a level last seen in March 2023, giving a boost to the “buying power” of crypto investors. “The $9.99 […]

The digital asset trading platform Bitfinex has announced zero-fee trading for market takers on its peer-to-peer (P2P) trading platform in Argentina, Colombia, and Venezuela. This offering allows traders to buy and sell their digital assets at the market price without incurring any fees. A Paradigm Shift in Latin American Crypto Trading? In a statement on […]