The Federal Bureau of Investigation (FBI) has reportedly busted a group of Indian nationals who allegedly operated an unlicensed business converting cryptocurrency to cash for clients seeking anonymity. The Westfair Business Journal reports that five of the six suspects were arrested on October 17th and charged with operating an unlicensed money-transmitting business. Indian citizens Raju […]
Gabbani, a hotel company based in Lugano, Switzerland, has unveiled an initiative to mine Bitcoin using excess energy from its food production facility. The new project is set to solidify Lugano’s status as the leading European blockchain hub. According to an official announcement by stablecoin issuing company Tether, Gabbani will install a Bitcoin mining system […]
Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community.
Astounding number of XRP tokens on move to crypto exchanges after price jumped 8.7%
LBRY Inc., a cryptocurrency platform, announced its closure due to a court failure against the Securities and Exchange Commission (SEC). The SEC charged LBRY with making an unregistered securities offering by selling its native LBC tokens. The fallout from this legal fight has prompted worries about unequal access to justice and regulatory overreach in the […]
A widely followed crypto analyst is predicting that Bitcoin (BTC) will be hit hard by selling pressure and make a significant leg downward. In a new strategy session, crypto trader Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that the king crypto is setting up for a move to the downside. According […]
… cryptocurrency users in the context of IRS investigations, the DeFi … James Harper — revolves around the government ordering cryptocurrency exchange …
The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.
Solana had a strong association with FTX, and the latter’s collapse last year had significant repercussions for the SOL token. However, the seventh-largest crypto-asset has pursued a strong recovery this year. According to Nansen’s latest analysis, SOL has been trending positively since the summer. In fact, the SOL vs ETH ratio was found to have […]
The cryptocurrency industry has demonstrated a strong positive trend throughout the course of the week, with leading cryptocurrencies experiencing substantial increases in their market value. Moreover, the price of Solana (SOL) has exhibited superior performance compared to prominent cryptocurrencies, experiencing a notable increase of more than 34% in value over the course of one week. […]
Federal Reserve chair comments and statements very significant for cryptocurrency market
A widely followed crypto analyst is expressing bullish sentiment on Bitcoin Cash (BCH) after a sudden move to the upside. Pseudonymous crypto trader Altcoin Sherpa tells his 196,800 followers on the social media platform X that BCH could soar 25% from its current value. “BCH: no clue why this is pumping so well but keep […]
Binance is shutting down its crypto-powered Visa debit card in Europe. The top global crypto exchange by trading volume says Binance Card services will stop working in the European Economic Area (EEA) in December. Binance notes that customer accounts won’t be impacted. The exchange urges European customers to transition to Binance Pay, the company’s crypto payment […]
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Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem. According to a thread on the Linux Foundation’s public mailing list, Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks puts Lightning in […]
Ahmedabad: The Central Bureau of Investigation (CBI) seized cryptocurrency worth about Rs 7.7 crore ($930,000) from one Shaishav Ramavat, …
Antoine Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks threatens the Lightning Network.
Following its inclusion in Binance’s futures trading options, one of the top global cryptocurrency exchanges, Bitcoin SV (BSV) saw a significant 64% gain in value this week. After splitting out from Bitcoin Cash (BCH) in late 2018, BSV is now trading at $54.02, a significant increase from $34.08 just a week earlier. On Saturday, BSV […]
The U.S. Department of the Treasury has long taken a negative view of crypto mixing services, which it names CVCs (Convertible Virtual Currency Mixing Services). Although there are perfectly legitimate uses of such services – primarily by privacy-focused customers who are simply willing to pay a fee in order to reduce the possibility of being […]
The U.S. Securities and Exchange Commission (SEC) has dropped its aiding and abetting charges against Ripple’s top executives. In a letter to Judge Analisa Torres, the SEC notified the court that it is dropping its charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen. The charges were related to the SEC’s original lawsuit from 2020 […]
The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS.
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for a new spot Bitcoin exchange-traded fund (ETF). The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into […]
This week has seen significant activity in the world of cryptocurrency. The focus has been on Dogecoin's potential ascension, while hopes for a …
The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community. Rich Dad Poor Dad Author Sees Bitcoin Rising Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, […]
TL;DR The approval of a spot Bitcoin ETF by the SEC has been a highly debated topic, and a recent false report claiming approval caused a temporary 10% increase in BTC’s price. The likelihood of Bitcoin reaching $100,000 after SEC approval depends on various factors, with institutional demand being a significant consideration. Increased institutional interest […]
Bitcoin SV (BSV) ripped by nearly 60% this week amid a new futures listing on top global crypto exchange Binance. The project, which forked from Bitcoin Cash (BCH) in late 2018, is trading at $54.02 at time of writing, up from $34.08 one week ago. The 43rd-ranked crypto asset by market cap is also up […]
America’s biggest bank is being sued for allegedly terminating several accounts and failing to ensure more than a million dollars was returned to its rightful owners. Rui Wang and Hengchen Qu, mother and son, have filed a lawsuit against JPMorgan Chase Bank for alleged unjust enrichment and breach of contract related to certificates of deposit […]
Join us as we delve into an exclusive interview with Stella Chan, the COO of Phemex exchange, to discover how their groundbreaking Soulbound Token technology is revolutionizing crypto exchange security
The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals.
The European Central Bank (ECB) has taken significant steps toward the development of a digital version of the euro. It aims to provide secure and free electronic payment options for the 20 nations that share the single currency. ECB’s Two-Year Preparation Phase for Digital Euro The ECB has announced a two-year “preparation phase” set to […]
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. During the event’s final day, security audit […]