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 […]

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 […]

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 …

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 […]

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, […]

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

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 […]

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 […]

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

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 […]

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 […]

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 […]

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 […]

Image from Taylor Brandon via Unsplash. Israeli police and the Binance cryptocurrency exchange froze multiple cryptocurrency accounts associated with …

In the ever-evolving landscape of Bitcoin, a new term has been making waves – Ordinals. You’ve likely heard of Bitcoin, but have you ever stopped to consider what Ordinals are and why they’re generating so much chatter? While the digital collectible community is abuzz with excitement, innovation and speculation, Bitcoin Magazine EDU and Magic Eden […]

Bitcoin price is sliding and trading below $27,000. BTC is still at risk of more downsides below the $26,500 and $26,200 support levels. Bitcoin is moving lower and showing bearish signs below $27,000. The price is trading below $27,000 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance […]

The volatility of Bitcoin and other cryptos is really more a function of who is buying and selling these assets.

JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and the bank’s Tokenized Collateral Network (TCN). BlackRock employed this system to tokenize shares from one of its money market funds, which were subsequently transferred to […]

How long will the Binance Coin (BNB) downturn last?

Blockchain analysis firm Arkham Intelligence says that crypto mixing platform Tornado Cash has recovered after sanctions imposed on the service by the US government over a year ago and the arrest of its key figures. Arkham Intelligence says that Tornado Cash is still the largest crypto mixer on Ethereum (ETH) and that “$77.35 million in […]

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that it will extend its self-trade prevention (STP) function to all users of its spot and margin trading platforms. The Self-Trade Prevention (STP) feature is engineered to halt the progression of a transaction if it would culminate in a self-trade. A self-trade transpires when […]

A federal judge has denied the request of Sam Bankman-Fried, the founder and CEO of FTX, to cross-examine Gary Wang, the former chief technology officer of FTX, in a lawsuit filed by Caroline Ellison, a former employee of the exchange. Ellison, who worked as a marketing manager at FTX from June 2020 to January 2021, […]

Bitstamp has confirmed its decision to discontinue its services in Canada, effective January 8, 2024. This move comes as the latest in a series of exits from the Canadian market by cryptocurrency companies, following Binance and Bybit earlier this year. Bitstamp’s Official Announcement on Exiting the Canadian Market Bitstamp’s CEO, Bobby Zagotta, expressed the company’s […]