The parental guardians of former FTX CEO Sam Bankman-Fried are reportedly being sued by the crypto exchange’s bankruptcy estate for allegedly misappropriating funds. According to a new article from the Financial Times, Joseph Bankman and Barbara Fried are being sued by the FTX estate over allegedly siphoning funds from the now-bankrupt exchange. Says prosecutors, “As early […]

When can rate of Binance Coin (BNB) get back to midterm rise?

One of the latest developments in the Bitcoin market is the potential approval of a Bitcoin Exchange-Traded Fund (ETF). An ETF is a financial product that allows investors to gain exposure to an asset without having to directly own it. In the case of a Bitcoin ETF, it would provide investors with a convenient way […]

According to recent data analysis from dedicated sites, Bitcoin Cash (BCH) has been experiencing a resurgence in the market, with its price rallying towards $300. The data suggests that the uptrend in BCH’s price is due to bullish whales who invested $15.4 million in September 2023 to keep BCH afloat amid bearish headwinds.  Bitcoin Cash […]

Blockchain Capital has recently announced the closing of two new funds which account for almost $580 million. These funds were generated for investment in infrastructure, gaming, and decentralized finances (DeFi), along with both consumer and social technologies. These funds would operate as Blockchain Capital’s sixth early-stage fund and its first opportunity fund, which would serve […]

“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.

Cosmos-based layer-1 blockchain – Canto – is migrating to a zero-knowledge layer 2 on Ethereum powered by Polygon Chain Development Kit (CDK). The move aligns with Canto’s plans to build a blockchain dedicated to real-world assets. The development comes amidst a significant shift in the Ethereum layer-2 space. Migration to Ethereum ZK-powered L2 Canto is […]

Singapore, Singapore , Sept. 19, 2023 (GLOBE NEWSWIRE) — Tapbit, a digital cryptocurrency derivatives trading platform, has released a major …

The cryptocurrency market, notably dominated by Bitcoin, has always been a terrain of speculation and market sentiment. Rumors and speculations have surfaced with Bitcoin’s recent slight uptick in value. Market insiders point towards the potential delay of the Mt. Gox repayments as a key driver. However, QCP Capital, a crypto trading firm, remains skeptical about […]

Widely followed crypto analyst Rekt Capital thinks the decentralized oracle network Chainlink (LINK) is primed to continue its recovery. Rekt Capital tells his 352,300 followers on the social media platform X that LINK respected its range-high resistance after it surged in price in July. LINK dropped to a recent low of $5.76 on September 11th, […]

After just three months of easing cryptocurrency regulations in Hong Kong, authorities are already discussing tightening them again. In the wake of alleged fraud at JPEX, an unlicensed cryptocurrency exchange in the Chinese special administrative region, authorities are taking stringent measures to regulate digital assets. Six individuals have been arrested, and the Securities and Futures […]

In September 1943, a character whose name nowadays covers the newscasts of half the world was put in charge of what would become a bastion against the offensive tactics from the rest of the European countries. The Second World War counted tens of millions of dead at that time in Europe and other war scenarios […]

For the record. Binance US does not use, and have NEVER used Ceffu or Binance Custody. You can’t just make this stuff up. https://t.co/JIkIVTf8tc — CZ Binance (@cz_binance) September 19, 2023 That stands in stark contrast to previous statements made by lawyers for the U.S. exchange – identified as BAM in court filings –which said […]

Laser Digital, the digital assets subsidiary of Japan’s largest investment bank, Nomura, has launched a Bitcoin Adoption Fund for institutional investments. The product will use Komainu, a custom custody solution built by Nomura, Ledger, and CoinShares, to offer investors long exposure to Bitcoin. The Laser Digital Bitcoin Adoption Fund will afford investors access to Bitcoin […]

Ripple, a leading player in the cryptocurrency space, has been acknowledged as one of the “Best Workplaces in Technology for 2023” by Fortune Magazine

A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary.

Optimism, a layer-2 scaling solution for Ethereum, has announced its third round of token airdrop to reward its early adopters and supporters. The airdrop will distribute 19.4 million OPT tokens, worth about $26 million at the current market price.  Today Optimism is announcing OP Airdrop #3. 19M OP allocated to over 31k unique addresses to […]

More than 3 million people invested in the pair's fraudulent cryptocurrency, OneCoin, making it one of the largest global fraud schemes ever …

On September 20, Stellar, a blockchain platform designed to facilitate fast and low-cost cross-border transactions using its native currency, XLM, will release the testnet upgrade of Protocol 20. With this launch, the protocol prepares for the eventual mainnet activation of the Soroban smart contracts platform. Stellar Prepares For Protocol 20 And Smart Contracts According to […]

Asset management giant BlackRock expects the Federal Reserve to keep its policy interest rate flat at its next Federal Open Markets Committee (FOMC) meeting on Wednesday. The prediction is in line with market expectations and is suspected by analysts to offer Bitcoin (BTC) a meaningful short-term price boost. BlackRock’s Fed Forecast According to Marilyn Watson […]

Mark Scott, the lawyer convicted of laundering $400 million from the infamous OneCoin fraud, has been denied a motion for a new trial despite revelations of false testimony during his 2019 trial. United States District Judge Edgardo Ramos made the decision during a hearing held on September 18. Scott’s Claim of Unawareness in OneCoin Fraud […]

Casey Rodarmor, the chief coder behind the Bitcoin Ordinals protocol, announced Tuesday that he is proposing a significant change to the software, one that could be viewed with skepticism by its budding user base. Revealed in a post on X Tuesday, Rodarmor specifically proposed deprioritizing the canonical numbering system that assigns unique and coveted numbers to inscriptions […]

The Solana (SOL) price bounced last week, validating the $18 area as a long-term horizontal support. While the weekly timeframe readings are bearish, the daily timeframe shows several bullish signs, indicating that an eventual breakout is likely. Solana Price Bounces at Range Low The weekly time frame technical analysis shows that SOL broke out from […]

HodlX Guest Post  Submit Your Post   The global economy has endured many challenges during the past few years, following the Covid-19 outbreak. We’ve all witnessed unprecedented levels of inflation as well as a lot of economic uncertainty. It’s also no secret that the crypto and blockchain space has been impacted by these issues, along with […]

The New York Department of Financial Services (DFS) has ratcheted up its oversight on the cryptocurrency market, removing several popular digital tokens like Ripple-linked XRP and Dogecoin from its approved “greenlist”

This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.

… an early Bitcoin adopter and entrepreneur, sparked a discussion on the relationship between democracy and the adoption of cryptocurrency.

Ethereum price climbed above $1,650 but failed to surpass $1,670 against the US Dollar. ETH trimmed gains and now consolidating near the $1,630 zone. Ethereum struggled to clear the $1,670 resistance. The price is trading above $1,630 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance […]

Dogelon Mars (ELON) is a meme coin that has been gaining popularity in recent months. The token is named after the dog of Elon Musk, Dogecoin co-founder Billy Markus, and Dogecoin mascot Floki Inu. Source: Santiment ELON is the fastest rising asset in crypto, ahead of Bitcoin (BTC), Chainlink (LINK), and Bluzelle (BLZ), in terms […]

Cryptocurrency aficionados and investors have been keenly following the moves of Bitcoin, the digital currency market’s pioneer and bellwether. Bitcoin is displaying symptoms of a potential bull run after seeing unprecedented price rises and subsequent falls over the years. We examine the main causes for the renewed interest in Bitcoin, as well as the variables […]

A crypto strategist believes Bitcoin (BTC) is gearing up to mimic its strong rally earlier this year when the flagship crypto printed nearly 30% gains in about a month. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that Bitcoin’s current price action looks similar to its market structure in […]

Billionaire investor Ray Dalio says that the US will likely turn on the money printers again as it takes on more debt. Speaking at the All-In Summit, Dalio says that the United States will eventually struggle to pay off its financial obligations as it piles on more debt. With the country’s rising debt levels, the […]