The co-lead counsel of the bankrupt cryptocurrency exchange FTX is making progress in their attempts to claw back funds donated to celebrities, influencers, professional athletes, and teams by the Sam Bankman-Fried (SBF) led management before the firm’s implosion in November. According to several filings, FTX’s co-lead counsel has voluntarily dismissed a case against crypto influencer […]

A federal magistrate judge has denied the SEC’s request to gain immediate access to Binance.US’s software, asking the regulator to provide more specific requests for discovery.

Former Goldman Sachs executive Raoul Pal says the next bull cycle could bring an explosion in the market capitalization of all digital assets. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets that could cause the total market cap of crypto to […]

Crypto lawyer stirs community curiosity with potential ‘big announcement’

Ripple’s token price is rising above $0.50 against the US Dollar. XRP price could start a fresh rally if it clears the $0.515 and $0.525 resistance levels. Ripple’s token price is attempting a move above $0.515 and $0.525 against the US dollar. The price is now trading above $0.500 and the 100 simple moving average […]

Karl Sebastian Greenwood, a citizen of Sweden and the United Kingdom and co-founder of the cryptocurrency OneCoin, was sentenced to 20 years in …

Multinational firms have stepped up to the plate when it comes to corporate social responsibility, with Binance, a renowned cryptocurrency exchange, being one such example. Their participation to the Moroccan rescue effort demonstrates the expanding involvement of corporate entities in humanitarian endeavors. Binance, along with other firms, has contributed to the relief effort in Morocco, […]

Synthetix (SNX) founder Kain Warwick thinks it is nearly impossible for decentralized finance (DeFi) projects to avoid regulatory risk in the US. In July, Warwick founded Infinex, a decentralized perpetual exchange that uses Synthetix for its liquidity. He acknowledges that there is regulatory risk associated with the project, arguing that some US regulators are “ignoring […]

The BOSS (Bitcoin Operational Standard System) framework is a new solution that aims to enhance the capabilities of the Bitcoin network. The system is designed with a one-of-a-kind meta-indexing structure that employs a uniform tagging method for transactions, based on Ordinals. This system establishes trust through the Bitcoin peer-to-peer protocol and the Ordinals indexing system. […]

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.

While XRP’s price is performing relatively well throughout the past week, adding over 6% to its dollar value, the cryptocurrency has been removed from an important list. On Monday, the New York Department of Financial Services announced that it’s taking an update to its virtual currency oversight framework. The entity included new criteria for how […]

Blockchain behemoth Ripple caught making enormous XRP transfers, while XRP price goes up

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to choose […]

Despite crypto prices rising, institutions continue to serve at the behest of the bears, according to the latest report from CoinShares. Bitcoin (BTC) was the most sold digital asset by a wide margin, accounting for 85% of all institutional activity, and marking $45 million worth of outflows. James Butterfill, head of research for CoinShares, considers […]

Judge Zia Faruqui did not make any rulings on the SEC’s discovery requests or Binance.US’s opposition. D.C. District courthouse (Jesse Hamilton/CoinDesk) Drive the Crypto Policy Conversation Forward October 24, 2023 • Convene • Washington D.C.Where the industry establishes the digital economy’s legal, regulatory and compliance best practices for the future.Register Now WASHINGTON, D.C. – A […]

Even though Nguonly continues to invest in cryptocurrency, he only invests in Bitcoin and Ethereum and stays away from less reliable options. SUMMARY.

Digital assets manager CoinShares reports that Cardano (ADA), Solana (SOL) and XRP products are bucking the trend of an otherwise pessimistic institutional investment climate. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says investors are currently less optimistic as reflected in outflows over eight of the last nine weeks totaling over $450 million. CoinShares finds […]

Hut 8, the Canadian Bitcoin mining firm, has received final clearance from the Supreme Court of British Columbia to proceed with its planned merger with US Bitcoin (USBTC), according to a report by Cointegraph. This merger, initially announced in February 2023, will create “New Hut,” a publicly-traded U.S.-based entity. One of the key highlights of […]

The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.

The crypto market has been in a bear market for the past few months, but there are signs that the next bull run is on the horizon. Here are some recent, current, and popular crypto narratives, including RWA, that will spearhead the next Bitcoin market bull run: Institutional Adoption Institutional adoption of crypto is one […]

Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, more than half of which […]

In the latest developments to the Binance-SEC dual, the judge has denied the federal regulator’s request to grant immediate access to Binance US software. According to the September 18 Bloomberg report, Judge Zia Faraqui asked the Securities and Exchange Commission (SEC) to be specific with its information request and denied its request to gain access […]

The Canto blockchain has become the latest chain to migrate to Ethereum as a layer 2 ZK rollup, whereas Astar has expressed similar plans. If the plans of Astar are finalized, the blockchain will shift from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain that is fully EVM compatible. It aims to […]

As the world’s leading crypto exchange continues its battle against the SEC – and other U.S. regulators – requests for extra documentation abound. Judge Accuses SEC Of Overreach Earlier this week, the SEC complained about the quality of information made available to its personnel, stating that Binance and its U.S. arm had only turned over […]

Can currencies bounce back to midterm rise?

When PayPal unveiled PYUSD last month, it highlighted the stablecoin’s potential for payments on a global scale. But the token’s first transparency report suggests its adoption has a long way to go—despite PYUSD being up against competitors with problems of their own. The company that issues PayPal’s stablecoin, Paxos Trust, said it held $45.3 million […]

This decision is expected to impact cryptocurrency prices, mirroring its effect on the Dow Jones Industrial Average and S&P 500 in the stock market.

Five people have reportedly been arrested in Thailand for allegedly fleecing millions of dollars from victims in a crypto and gold investment scheme. According to a new report from the Bangkok Post, Thailand’s Cyber Crime Investigation Bureau (CCIB) says that four Chinese nationals and a Lao citizen have been arrested in connection with perpetrating a […]

Central Bank Digital Currencies (CBDCs) have sparked considerable attention in the financial sector. These digital versions of traditional fiat currencies, backed by central banks, are altering the financial landscape. As we approach a significant financial transformation, it is critical to understand the growing environment of CBDCs and forecast what the future holds. We look at […]

 This is an extension to my previous article series discussing the different sidechain proposals that exist. Those articles can be found here: Spacechains, Spacechain Use Cases, Softchains, Drivechains, Federated Chains, and Trade Offs Of Sidechains. Botanix Labs has proposed a completely new sidechain design recently, called spiderchains, for the purposes of porting the Ethereum Virtual […]

A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.

Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived.  Despite last week’s notable rally, Altcoin Sherpa argues that Solana is still trapped in a downtrend, casting doubts on the […]