Silk Road-Linked Money Laundering: US Charges Bitcoin Exchange Operator
www.financemagnates.com

The US Department of Justice has charged Maximiliano Pilipis with alleged offences related to operating an unlicensed cryptocurrency exchange and laundering proceeds from Silk Road, a now-closed anonymous dark web marketplace. Charged with Money Laundering and Tax Evasion Announced yesterday (Monday), the 53-year-old faces five counts of money laundering and two counts of willfully failing […]

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EigenLayer Phishing Attack: $5.7M Lost as Hackers Target Investor’s EIGEN Holdings
crypto-economy.com

TL;DR EigenLayer, a prominent Ethereum restaking protocol, suffered a significant loss of $5.7 million worth of EIGEN tokens due to a phishing attack on October 4, 2024. The attacker gained access to email communications between the investor, the custodian, and EigenLabs, authorizing the transfer of 1.6 million EIGEN tokens. EigenLayer initiated an investigation, collaborating with […]

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PAID Network Unveils Revolutionary Community-Centric Crowdfunding with Exclusive LCO for Blast Royale
crypto-economy.com

Dubai, UAE, October 29th, 2024, Chainwire PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands. With over 1 million app […]

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Gold Hits All-Time High, Bitcoin Nears Peak—Is This a Red Flag for Traditional Markets?
news.bitcoin.com

With bitcoin prices on the rise Tuesday, gold has achieved a historic peak, reaching $2,783 per ounce. Gold’s Historic High Turns Heads This week, both crypto and precious metals markets are showing strong gains. Bitcoin (BTC) inches closer to its record high of $73.7K, last seen on Mar. 14, 2024, while gold has already surpassed […]

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Stacks Asia partners with HEX Trust for $180B Bitcoin DeFi opportunity
cointelegraph.com

The partnership could enhance the “financial utility of Bitcoin for our institutional clients,” wrote Calvin Shen, the chief commercial officer at Hex Trust.

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Bitcoin Inches Closer To $71000: How The 2024 US Race Is Fueling The <b>Cryptocurrency</b>
www.google.com

Bitcoin soars to $71K as U.S. presidential candidates Donald Trump and Kamala Harris warm to crypto. This election's pro-crypto stance could drive …

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Tokenomics Insights: Unpacking the Distribution Models Of $TIA, $SUI, $ARB, And $OP
nulltx.com

In the cryptocurrency space, each project has a distinct approach to token distribution, reserves, and investor relations. By examining the tokenomics of $TIA, $SUI, $ARB, and $OP, we can better understand how these projects aim to create sustainable ecosystems and manage circulating supply effectively. Unlocked Allocation Each project uses unlocked allocations to foster growth and […]

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VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050
www.newsbtc.com

As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied […]

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Bitcoin Seeing Golden Cross That Doesn't Matter: Here's Why
u.today

Bitcoin’s golden cross is on verge of happening, but it might not provide enough support

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OKX Chooses Standard Chartered as Custodian for Institutional Crypto Services
www.financemagnates.com

OKX, a cryptocurrency exchange and onchain technology company, announced today that it has selected Standard Chartered as a third-party crypto custodian for its global institutional business. Standard Chartered provides cross-border financial services connecting various markets worldwide. Standard Chartered Joins OKX Custody The agreement adds to OKX’s services for institutional clients, which include advanced trading tools, […]

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Bitcoin Could Witness a Capitulation Event Before Soaring Higher Next Year, According to Analyst – Here’s Why
dailyhodl.com

Popular crypto strategist Benjamin Cowen is warning that one macroeconomic data could derail Bitcoin’s (BTC) breakout above $70,000. Cowen tells his 873,000 followers on the social media platform X that he believes Bitcoin’s reaction around the $70,000 psychological level will determine whether BTC follows the cyclical or the monetary policy view. The analyst points out […]

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Coinbase Launches ‘Based Agent’ Allowing Users to Build AI-Driven Crypto Agents in Three Minutes
cryptonews.com.au

Coinbase launched “Based Agent”, a tool allowing users to create AI agents with crypto wallets in under three minutes, announced on October 26 by developer Lincoln Murr. CEO Brian Armstrong endorsed the tool, emphasising its ease of use and potential to enhance financial autonomy through AI-driven crypto activities. Based Agent’s autonomous mode allows agents to […]

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TRON Returns to Nigeria for TRON Connect Africa Community Event
news.bitcoin.com

PRESS RELEASE. Geneva, Switzerland,October 29,2024 – TRON DAO brought together students and industry professionals for a day filled with discussions, networking, and educational sessions at the TRON Connect Community Event in Uyo, Nigeria. Held at the University of Uyo, the event brought together over 200 students from across Nigeria. Program Highlights Educational Workshops: Throughout the […]

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Bitcoin trader sees all-time high 'this week' as BTC price nears $73K
cointelegraph.com

BTC price momentum gathers pace with new all-time highs just $1,000 away — but Bitcoin market gurus see the need for a support retest first.

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Xandeum Brings XAND Token and Liquid Staking to Solana’s Storage Ecosystem
crypto-economy.com

TL;DR Open Airdrop : XAND token airdrop is available for users since October 29th. Liquid Staking : A liquid staking program is introduced that offers significant rewards. Storage Innovation : Xandeum will launch a storage layer to facilitate decentralized applications on Solana. Xandeum, an innovative Solana-based storage scaling project, has confirmed the launch of its […]

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University of Tennessee professor sues TVA for records of incentives to bitcoin miners
www.google.com

… cryptocurrency companies. She was investigating cryptocurrency mining operations, giant computer systems that suck up electricity but don't create …

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Ethereum Bullish Signal: Whales Withdraw $750 Million In ETH From Exchanges
www.newsbtc.com

On-chain data shows exchanges have recently observed a large amount of Ethereum exit their wallets, a sign that could be bullish for ETH’s value. Ethereum Exchange Reserve Has Seen A Plunge Recently As explained by analyst Ali Martinez in a new post on X, the ETH investors have made net outflows from exchanges recently. The […]

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Vitalik Buterin Defends Ethereum Foundation Selling ETH, Asserts Revenue Supporting Critical Parts of Ecosystem
dailyhodl.com

Vitalik Buterin says the Ethereum Foundation’s ETH sales are critical to the success of the leading smart contract platform’s ecosystem. Last week, Buterin was asked about the Foundation’s sales on the social media platform X, but the Ethereum creator quickly defended the firm. “Bro the ETH Foundation is paying researchers and devs that are responsible […]

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Crypto Whales Accumulate One Ethereum (ETH) Rival From Binance and Kraken: Lookonchain
dailyhodl.com

Crypto whales are accumulating tens of millions of dollars worth of one Ethereum (ETH) rival from two top exchanges, according to on-chain data. Blockchain tracking firm Lookonchain reports that three deep-pocketed investors have suddenly accumulated nearly $35 million worth of Solana (SOL) from Binance and Kraken. “Whales are accumulating SOL! AA21…VxH9 withdrew 153,511 SOL ($26.4 […]

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GSR Markets Returns 7.41% Of Neiro’s Total Supply To Bybit, Likely Aiming To Boost Liquidity
nulltx.com

In the last 14 hours, GSR Markets has deposited 7.41% of Neiro’s ($NEIRO) total supply back into the Bybit exchange. This move comes shortly after a series of significant withdrawals: between October 8 and October 21, GSR Markets pulled approximately 74.13 million $NEIRO from Bybit at an average price of $0.084 per token, totaling an […]

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Elon Musk's DOGE Tweet Excites Crypto Community: Details
u.today

Crypto community has responded to Elon Musk’s recent DOGE meme tweet

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Gemini Gains In-Principle Approval from MAS for Cross-Border and Crypto Payment
www.financemagnates.com

Gemini has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money transfer and digital payment token services in Singapore. Gemini Prioritizes Localized Services Gemini established its regional headquarters in Singapore, positioning the country as a core part of […]

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Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
cointelegraph.com

Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion. 

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Elon Musk’s DOGE to Slash $2 Trillion From Government Budget — ‘The Future Is Going to Be Amazing’
news.bitcoin.com

Elon Musk envisions the Department of Government Efficiency (DOGE) cutting $2 trillion from federal spending, aiming to free Americans from excessive taxation and government overreach. Elon Musk’s Vision: $2T DOGE Cuts to Propel America to Unseen Heights Tesla CEO Elon Musk revealed on Sunday during a Donald Trump rally held at Madison Square Garden that […]

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Bitcoin Bracing for ‘Potential Turbulence’ as US Election Day Nears and USDT Depegs
cryptonews.com.au

Bitcoin is approaching the US$70k mark for the first time since June, after a significant rise from August lows. Bitfinex analysts forecast continued volatility, fuelled by geopolitical uncertainty and the “Trump trade” narrative. Despite long-term confidence, analysts expect short-term market turbulence as the US election approaches. USDT has depegged and dropped to 2024 low amid […]

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Dogecoin Pumps Following Elon Musk’s Appearance at Trump Rally
cryptonews.com.au

Dogecoin has pulled a sleepy altcoin market out of its stupor, following in Bitcoin’s footsteps to post significant weekly gains. In particular, DOGE soared nearly 12% over the past 24 hours thanks to a collaboration between Trump and Elon Musk. Speaking at a rally – with Musk in attendance – Trump announced the creation of […]

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Hong Kong Unveils Regulation Roadmap, Hints at New <b>Cryptocurrency</b> Incentives
www.google.com

The government of Hong Kong is on the verge of completing stablecoin regulation to become a friendlier hub for cryptocurrency investments.

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Bitcoin Policy Institute Lays Out Six Reasons for Central Banks To Adopt BTC As Reserve Asset
dailyhodl.com

A Bitcoin-focused nonprofit organization is outlining several reasons why central banks should adopt BTC as a reserve asset. In a new paper, the Bitcoin Policy Institute (BPI) says Bitcoin is an effective portfolio diversifier that can shield central banks against macroeconomic threats emerging across the globe. The organization argues that Bitcoin and gold share similar […]

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Hong Kong Stock Exchange To Launch Virtual Asset Index for Bitcoin and Ethereum Pricing in Asian Timezone: Report
dailyhodl.com

The largest stock exchange in Hong Kong has announced that it will launch a new crypto index to meet the increasing demand for digital assets. In a new announcement, Hong Kong Exchanges and Clearing Limited (HKEX) says it will launch its own “Virtual Asset Index Series” on November 15. The index will aim to provide […]

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Crypto Exchanges Turn to Derivatives for Growth: 71% Market Share and Rising
crypto-economy.com

TL;DR Cryptocurrency platforms are betting on derivatives to attract cautious investors. Derivatives allow trading with high leverage, which is attractive in a market with less access to credit. Major players such as CME Group and Kraken are competing with new entrants such as D2X and One Trading in this growing market. Crypto platforms are turning […]

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Alert! These Events Could Strongly Impact the Crypto Market This Week
crypto-economy.com

TL;DR US economic reports and presidential elections create uncertainty in the cryptocurrency market. Third quarter GDP and October employment report are key drivers for investors. The election result could influence the volatility of the crypto market. The cryptocurrency market is facing a critical week, marked by the release of important economic data in the US […]

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Neiro Breaks Above Key Level Following 10% Weekly Drop, Is $0.0020 Next?
www.newsbtc.com

Despite Neiro (NEIRO)’s recent price drop, analysts and investors seem bullish on the memecoin. Some market watchers noted the cryptocurrency’s potential, suggesting the levels to watch ahead of the next bullish rally. Neiro Sees 10% Weekly Correction Neiro made the headlines three months ago after becoming an overnight sensation on the Ethereum Network. The memecoin […]

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