Today at Chaintalk News

September 29, 2023

It seems we can't find what you're looking for.
cryptocompare

SOL Escapes a Negative Trend but Is Not Out of the Woods Yet

The analyst Blunts revealed in a X post today that SOL is in an interesting situation. SOL was attempting to escape a negative trend but was also bouncing off of a long-term positive trend line. At press time, CoinMarketCap indicated that SOL was one of the best performers in the top 10 list. The cryptocurrency The post SOL Escapes a Negative Trend but Is Not Out of the Woods Yet appeared first on Coin Edition .
READ MORE »
cryptocompare

Dormant Whale Invests Quarter Million in Shiba Inu’s BONE, Borroe.Finance and Immutable Fight for Dominance

The post Dormant Whale Invests Quarter Million in Shiba Inu’s BONE, Borroe.Finance and Immutable Fight for Dominance appeared first on Coinpedia Fintech News Recent developments in Shibarium could be responsible for the recent massive Shiba Inu ($SHIB) whale activity. Meanwhile, Immutable ($IMX) has faced high volatility despite excitement around its partnership with Polygon. Yet, experts agree it can’t match the excitement around Borroe.Finance ($ROE). Following its recent price jump, $ROE’s popularity has shot up. Yet, investors wonder: Can …
READ MORE »
cryptocompare

Ripple Abandons Deal To Acquire Fortress Trust But Will Keep Its Stake In The Firm

In a surprising turn of events, Ripple has confirmed it has decided against the outright acquisition of Nevada-based chartered trust company Fortress Trust, just 20 days after claiming it would do so.
READ MORE »
cryptocompare

U.S. Democrat advocates for centralized record-keeping of off-chain crypto transactions

U.S. Rep. Don Beyer, a Democrat from Virginia, is spearheading legislation to bring transparency to off-chain crypto transactions. The proposed bill seeks to compel major crypto exchanges to share their internal transaction data with centralized repositories. This move is designed to allow regulatory bodies like the Commodity Futures Trading Commission (CFTC) and the Securities and ... Read more
READ MORE »
cryptocompare

Important Events That Could Have A Massive Impact On XRP Price

Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple. SEC-Related Factors Could Impact XRP Price On August 17, the US Securities and Exchange Commission (SEC) was given approval by Judge Analisa Torres to file its motion seeking an interlocutory appeal against her ruling at the Court of Appeals. Related Reading: IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600? However, this wasn’t an approval of the SEC’s appeal, and that is something that everyone in the XRP community is currently anticipating, as the court can either choose to accept or reject the appeal after considering the grounds for appeal and whether it meets the requirements needed to allow it. As a former SEC official Marc Fogel noted, the specific requirements for an interlocutory appeal are “hard to meet,” and the odds seem to be against the SEC. As such, the court is expected to deny the SEC’s request for an interlocutory appeal. If that happens, we could see XRP again enjoy most of the gains it saw following Judge Torres’ ruling when the token’s market cap rose significantly, overtaking Binance’s BNB to become the fourth-largest crypto by market cap (although it has dropped back to 5th). Another factor that could spark an upward trend for XRP is if a settlement between Ripple and the SEC becomes more feasible. Stakeholders in the crypto community have commented on the possibility of this happening and factors that could prompt both parties to settle. Pro-XRP legal expert John Deaton once stated that a settlement could happen this year if Judge Failla granted Coinbase’s motion to dismiss the SEC’s lawsuit against it. If that were to happen, the Judge would likely be adopting Judge Torres’ ruling that programmatic sales do not constitute investment contracts and crypto tokens bought through exchanges cannot be labeled as one. It is believed that this could force the SEC into settling as it will become more established (especially if its interlocutory appeal was rejected alongside) that it doesn’t have jurisdiction over token sales on exchanges as they do not constitute investment contracts. Related Reading: Analyst Presents 4 Charts That Prove Crypto Is Not Dead A more interesting factor that could force the SEC into a settlement is the revelations (and future ones) being made about the ETH Gate. As a form of damage control, the Commission could propose a settlement with Ripple rather than dragging the case to trial, where its credibility could be jeopardized. The SEC proposing a settlement (not necessarily in the public eye) will be considered a major win for Ripple. It could restore investors’ confidence in the ecosystem, leading to a price increase in the XRP token. XRP continues the recovery trend to rest above $0.51 | Source: XRPUSD on Tradingview.com Ripple’s Expansion Plans Ripple has proven not to be deterred by the long-running battle against the SEC as the crypto firm has continued to build amidst it. In fact, the company’s President, Monica Lang, recently mentioned that the court case (following Judge Torres’ ruling) has helped them to expand their business not just in the US but “even more globally.” According to her, the ruling gave the company much-needed clarity, especially amid regulatory uncertainty. With this in mind, the company can map out a proper framework going forward, bearing in mind that Judge Torres had ruled that XRP isn’t a security in itself. On the back of Judge Torres’ ruling, Ripple’s general counsel Stuart Alderoty had revealed to CNBC in an interview that Ripple could potentially begin talks with US financial firms about them adopting Ripple’s On-Demand Liquidity (ODL) product, which can be used to facilitate cross-border transactions. Related Reading: Ripple CTO Addresses Bitcoin Adviser’s Claims That XRP Is Centralized If this were to happen, it would undoubtedly represent a bullish signal for the XRP community. Although Ripple and XRP have enjoyed outstanding success overseas (especially in Asia), many still believe that more work needs to be done to penetrate the American market. Therefore, a move like that could convince investors of the great strides the company is making in America. Meanwhile, there are also rumors of Ripple going public. Ripple is set to hold its “proper victory party” on September 29 in New York, and many in the XRP community speculate that the crypto firm could announce its initial public offering (IPO) plans at the event. Such an announcement will be huge and could generate more buzz and interest in the company, with XRP’s price being a beneficiary of this news. XRP is currently trading at $0.50, up by close to 2% in the last twenty-four hours as anticipation towards the party builds up. Featured image from Finbold, chart from Tradingview.com
READ MORE »
cryptocompare

Former Crypto Exec Sam Bankman-Fried Heading to Prison

Sam Bankman-Fried – the now disgraced former executive of the fallen crypto exchange FTX – is heading to jail. The judge overseeing his case has stated he is guilty of violating the terms of his bail too often. It’s also believed that Bankman-Fried has attempted to tamper with witnesses while away from prison. It’s Jail The post Former Crypto Exec Sam Bankman-Fried Heading to Prison appeared first on Live Bitcoin News .
READ MORE »
cryptocompare

The Path To Riches Is Paved With Avalanche (AVAX) And Bitcoin Spark (BTCS)

The primary reason many people get into the crypto space is to build riches, and these cryptocurrencies, Avalanche(AVAX) and Bitcoin Spark (BTCS) have emerged as two contenders, each having unique features and potential for those seeking the path to riches. This content examines AVAX and BTCS’s prospects and current events. Avalanche Recovery (AVAX) Avalanche, AVAX,
READ MORE »
cryptocompare

Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets

Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.
READ MORE »
cryptocompare

OpenTrade Unveils Tokenized U.S. Treasuries Offering as Tokenization Race Gains Steam

The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.
READ MORE »
cryptocompare

Ethereum (ETH) Devs Introduced Zero Knowledge Wormholes: Why is This Impornant

EIP-7503, or zero-knowledge wormholes, pitched by Ethereum (ETH) enthusiasts on ACDE 171
READ MORE »
cryptocompare

OpenTrade Launches Tokenized Treasury Bills on Protocol Developed by Circle

For every tokenized t-bill an investor purchases, OpenTrade will be buy an actual treasury bill and provide an on-chain identifier it.
READ MORE »
cryptocompare

Circle weighs in on the SEC vs. Binance lawsuit

Circle, the issuer of the stablecoin USD Coins, has weighed in on the ongoing dispute between the US Securities and Exchange Commission and Binance. According to reports, the Commission has filed a lawsuit against Binance for offering unregistered securities to its consumers. This includes BNB and BUSD provided by BAM Trading, a BInance affiliate. Also …
READ MORE »
cryptocompare

Gemini Halts Operations in Netherlands Amidst Regulatory Concerns

Gemini, one of the major cryptocurrency exchanges, takes a pause in the Netherlands due to unforeseen regulatory pressures. Will they manage to navigate the European Union's complex crypto regulations? The post Gemini Halts Operations in Netherlands Amidst Regulatory Concerns appeared first on COINOTAG NEWS .
READ MORE »
cryptocompare

Ripple CLO On SEC Chair’s Evasive Testimony: “Gensler Didn’t Know What Hit Him”

Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has joined the voices expressing their disappointment with SEC Chair Gary Gensler’s testimony before Congress. As Ripple continues its legal battle against the United States Securities and Exchange Commission (SEC) regarding the classification of XRP, Alderoty scrutinizes Gensler’s remarks during the hearing, particularly his elusive answers The post Ripple CLO On SEC Chair’s Evasive Testimony: “Gensler Didn’t Know What Hit Him” appeared first on Times Tabloid .
READ MORE »
cryptocompare

AI Race Intensifies as France and UK Compete for Global Dominance

In a bid for supremacy in the rapidly advancing field of artificial intelligence, French billionaire Xavier Niel, chairman of the Iliad group, has set the stage for an intense competition by announcing the hosting of a groundbreaking AI conference in Paris. Simultaneously, across the English Channel, the United Kingdom is gearing up for its own ... Read more
READ MORE »
cryptocompare

UAE issues stablecoin and new digital asset regulations and legislation

In the last week of September, two huge regulatory entities, the Dubai virtual assets regulatory authority and DIFC (Dubai International Financial Center) in the UAE announced updates in their crypto regulations, targeting digital assets, security tokens and stablecoins. Dubai’s Virtual asset regulatory authority (VARA) updated its virtual asset rulebook and added new regulations with regards ... Read more
READ MORE »
cryptocompare

While the US Dollar Index Weakens, Bitcoin Aims to Hold Above $27,000!

As the US Dollar Index fell from its peak of 106.8 points, Bitcoin's price gained momentum, now trading above $27,000! The post While the US Dollar Index Weakens, Bitcoin Aims to Hold Above $27,000! appeared first on COINOTAG NEWS .
READ MORE »
cryptocompare

Ripple Proper Party Speculation: Settlement, IPO, or XRP Futures Contracts?

The post Ripple Proper Party Speculation: Settlement, IPO, or XRP Futures Contracts? appeared first on Coinpedia Fintech News The Ripple community, often referred to as the XRP Army, is on their toes as Ripple hosts a celebration party in New York. There is serious speculation going on as the Ripple Party may open some major curtains and projects in the party tonight said Collin Brown, a pro-XRP blockchain researcher. Settlement, IPO or XRP …
READ MORE »
cryptocompare

Support for Ripple (XRP) from the Central Bank of Georgia!

Ripple has been selected as a potential technology partner for the second Central Bank Digital Currency (CBDC) pilot project. Continue Reading: Support for Ripple (XRP) from the Central Bank of Georgia!
READ MORE »
cryptocompare

Fireblocks acquires Australian defi startup BlockFold for $10m

Blockchain company Fireblocks, which is backed by Sequoia Capital, has acquired BlockFold for a reported $10 million
READ MORE »
cryptocompare

Crypto Price Analysis Sep-29: ETH, XRP, ADA, SOL, and LINK

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Chainlink. Ethereum (ETH) This week is ending with good news for Ethereum investors. The price has reclaimed its place within the ascending triangle and booked a 4.8% gain in the past seven days. It was critical for ETH to get back into
READ MORE »
cryptocompare

Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High

Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session. Following a low of $26,424.95
READ MORE »
cryptocompare

Gemini to Cease Offering Crypto Services in Netherlands in November

Gemini said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB),"
READ MORE »
cryptocompare

Bitcoin Holds Steady as Markets Await Formal Ether ETF Approval

The post Bitcoin Holds Steady as Markets Await Formal Ether ETF Approval appeared first on Coinpedia Fintech News Bitcoin prices trended sideways above $27,000 on Friday as cryptocurrencies waited on a potential catalyst from the launch of a formal ether futures exchange-traded fund (ETF). The long-awaited VanEck Ether ETF moved closer to approval this week, buoying crypto markets optimistic for increased investment inflows. Ether saw solid 4.5% gains ahead of the prospective ETF …
READ MORE »
cryptocompare

Cosmos $ATOM and THORCHain $RUNE Lose Momentum, $ROE Delivers 50% Gains

The post Cosmos $ATOM and THORCHain $RUNE Lose Momentum, $ROE Delivers 50% Gains appeared first on Coinpedia Fintech News Cosmos ($ATOM) has slowed down despite recent developments on its network. On the other hand, THORChain ($RUNE) is mildly unstable after a significant drop in its market activity. Yet, Borroe.Finance ($ROE) is still rising, offering a 50% profit for the early investors. How do Cosmos and THORChain have to perform to compete with Borroe.Finance? Cosmos …
READ MORE »
cryptocompare

Fed’s Priority Inflation Indicator Revealed: Core Personal Consumption Expenditures

The eagerly awaited core personal consumption expenditures data, which is a priority inflation indicator for the Fed, was recently released in the US, along with the global markets. It is known that the Fed takes into account the core personal consumption expenditures data, excluding food and energy, when making interest rate decisions. The post Fed’s Priority Inflation Indicator Revealed: Core Personal Consumption Expenditures appeared first on COINTURK NEWS.
READ MORE »
cryptocompare

Gemini Exchange Withdraws From Netherlands Over Regulatory Roadblocks

The post Gemini Exchange Withdraws From Netherlands Over Regulatory Roadblocks appeared first on Coinpedia Fintech News Major cryptocurrency exchange Gemini announced it will cease operations in the Netherlands next month due to an inability to satisfy regulatory requirements imposed by the country’s central bank. The New York-based exchange advised Dutch users this week to withdraw or transfer any funds by November 17th, when its services will shut down. In a letter …
READ MORE »
cryptocompare

The US Dollar Outperforms G20 Currencies: What About Bitcoin?

Despite experiencing one of the worst inflations of all time, the US dollar remains very strong: Bitcoin has managed to dethrone the US dollar! The post The US Dollar Outperforms G20 Currencies: What About Bitcoin? appeared first on COINOTAG NEWS .
READ MORE »
cryptocompare

Tether stability tested as crypto markets face ongoing volatility

Tether, a leading stablecoin in the cryptocurrency market, faces a stability test amid industry volatility. Stablecoins like Tether remain stable by pegging to assets like the US dollar, making them popular among traders and investors seeking reliability during turbulent times. While Tether’s dominance may face challenges from emerging stablecoin projects, its significant market share suggests …
READ MORE »
cryptocompare

"Black Swan" Author Puts Bitcoin Guru Robert Kiyosaki's Investment Opinion Under Fire

In fiery clash, financial titans Nassim Taleb and 'Rich Dad Poor Dad' author Robert Kiyosaki lock horns over asset's true value
READ MORE »
cryptocompare

VanEck unveils Ethereum ETF ads, Monday launch anticipated

VanEck, investment manager, is intensifying its promotional activities for its imminent Ether (ETH $1,656) futures exchange-traded fund (ETF), anticipated by some experts to be launched as early as October 2. The firm has recently unveiled two “Enter the Ether”-themed TV commercials, indicating that its Ethereum Strategy ETF, labeled EFUT, is on the horizon. On September ... Read more
READ MORE »
cryptocompare

The Team Behind the Hacked Project Announced That They Started a New Project!

The team behind Multichain, which was shaken by the $130 million hacking incident, surprisingly announced a new project. Continue Reading: The Team Behind the Hacked Project Announced That They Started a New Project!
READ MORE »
cryptocompare

Overwatch 2 Devs Disable Anniversary Credit Rewards for 2023

The highly-anticipated 2023 Anniversary Event for Overwatch 2 experienced a stumbling block when developers identified inconsistencies in Credit rewards, prompting them to disable the feature. Players across the globe were eager to tackle challenges and earn rewards, only to find that the Credit rewards were inconsistent. Decision taken by Overwatch 2 developers Addressing the issue ... Read more
READ MORE »
cryptocompare

Valkyrie focuses on ETH futures amid SEC’s BTC ETF delays

Amid the tiresome tango between the U.S. Securities and Exchange Commission (SEC) and crypto enthusiasts waiting for a clear green light on Bitcoin ETFs, Valkyrie chooses not to put all its eggs in one basket. The asset management firm reveals a forward-thinking strategy to incorporate Ether futures into its portfolio for U.S. investors, leveraging its ... Read more
READ MORE »
cryptocompare

XRP Stands Strong as Ripple Makes NBG’s Shortlist

The post XRP Stands Strong as Ripple Makes NBG’s Shortlist appeared first on Coinpedia Fintech News In a noteworthy stride toward the future of digital banking, Ripple has secured a spot on the National Bank of Georgia’s (NBG) exclusive list for their next Central Bank Digital Currency (CBDC) venture. The recent selection showcases Ripple’s growing impact in the realm of innovative banking solutions. Rising to the Challenge NBG’s recent endeavors signal …
READ MORE »
cryptocompare

Ripple (XRP) Price Soars to $0.55 as Volume Explodes 70% Daily: Details

Ripple's price suddenly exploded and is now eyeing the critical $0.55 level.
READ MORE »
cryptocompare

Bug discovered in GMX debt tracking system nets Collider $1m prize

GMX, a decentralized futures exchange, awarded the Collider team $1 million for finding a bug in its debt tracking system
READ MORE »
cryptocompare

SEC Approves Major ETF: Valkyrie's Futures Offering Explained

Valkyrie Funds introduces Ethereum futures, bringing innovation and potential for growth to the cryptocurrency market.
READ MORE »
cryptocompare

Proposal 11820 Could Drain Terra Classic Community Pool: Opinion

Clay thinks Proposal 11820 could hurt the growth of the Terra Classic community. The ClayBro host believes the industry’s current situation is not ideal for uncalculated spending. Proposal 11820 is crucial and could shape the future of the Terra Classic ecosystem. According to Clay, the host of the ClayBro YouTube investment channel, passing the Terra The post Proposal 11820 Could Drain Terra Classic Community Pool: Opinion appeared first on Coin Edition .
READ MORE »
cryptocompare

Crypto Surge: Ethereum Futures ETF and Dollar Weakness Uplift Market

The crypto market shows strong recovery with key players like Bitcoin and Ethereum leading the surge, primarily influenced by Ethereum futures ETF news and a weakening dollar. The post Crypto Surge: Ethereum Futures ETF and Dollar Weakness Uplift Market appeared first on COINOTAG NEWS .
READ MORE »
cryptocompare

All in On AI’ Initiates a Paradigm Shift as Generative AI Sparks a Wave in Universities

In a world captivated by the promises and perils of artificial intelligence, the latest discourse revolves around the potential transformation of higher education. The groundbreaking book, “All-in On AI: How Smart Companies Win Big with Artificial Intelligence” by Tom Davenport and Nitin Mittal, delves into the myriad ways companies are leveraging AI for strategic advantage. ... Read more
READ MORE »
cryptocompare

Bitcoin Price Jumps 3% to Defy Macro Headwinds, But Bitcoin Minetrix Raises $200,000 and Is the Real Inflation Beater

Friday 29th September 2023 – The Bitcoin price is defying macro gloom to put on a 3% gain as it recaptures $27,000, but it is yield-bearing Bitcoin Minetrix ($BTCMTX) that’s raised $200,000 and could be the biggest winner. Bitcoin, after briefly slipping below $25k last month and struggling to make headway since peaking at 27,431 on September 19th, is threatening to retake that near-term high.... Read More: Bitcoin Price Jumps 3% to Defy Macro Headwinds, But Bitcoin Minetrix Raises $200,000 and Is the Real Inflation Beater
READ MORE »
cryptocompare

Memeinator Announced: Taking on the Meme Coin Market With a $1 Billion Vision

London, United Kingdom, September 29th, 2023, Chainwire Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins that were endless
READ MORE »
cryptocompare

$UMM Launchpad on LBank soars 1000% in 30 minutes

In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $UMM
READ MORE »
cryptocompare

Binance Russia buyer tightlipped on owners, denies CZ involvement

Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said.
READ MORE »
cointelegraph

Binance Russia buyer tightlipped on owners, denies CZ involvement

Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said.

READ MORE »
cryptocompare

Expert Predictions for KAS, RNDR, ALGO, and VRA Coin: Price Analysis

The fluctuating price of Bitcoin continues despite ETF rejections. At the time of writing, the price is at $27,000, a level that has been tested several times. The post Expert Predictions for KAS, RNDR, ALGO, and VRA Coin: Price Analysis appeared first on COINTURK NEWS.
READ MORE »
cryptocompare

Meta’s CEO Mark Zuckerberg Unveils Ultra-Realistic Metaverse Avatars

In a groundbreaking podcast, Mark Zuckerberg, the CEO of Meta, formerly known as Facebook, provided an exciting glimpse into the future of the metaverse. Collaborating with AI researcher Lex Fridman, Zuckerberg showcased Meta’s Reality Labs’ latest innovation: hyper-realistic “codec avatars.” These digital doppelgangers can capture the most subtle facial expressions and body language, bringing a ... Read more
READ MORE »
cryptocompare

Pepe Finally Overcomes Slump to Pump 33%

Pepe records a strong seven-day price performance in spite of recent controversies.
READ MORE »
cryptocompare

Developers relaunch Ethereum testnet Holesky

Ethereum developers have relaunched the Holesky testnet after its initial rollout on Sep. 15 failed due to significant network misconfigurations
READ MORE »
cryptocompare

Crypto artist raises $140K for cancer treatment at NFT Art event in Edinburgh

In a groundbreaking display of support for cancer treatment, popular crypto artist Trevor Jones has raised nearly £114,000 through an NFT art exhibition and auction held at the annual Web3 Castle Party near Paris. The funds were donated to Maggie’s Edinburgh, an institution dedicated to providing free cancer treatment and support. This remarkable crypto contribution ... Read more
READ MORE »
cointelegraph

Hong Kong and Macau police seize over $2.8M related to JPEX fraud case

One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment.

READ MORE »
cointelegraph

Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September’s last Wall Street open.

READ MORE »
cointelegraph

Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities

Circle noted that assets pegged to the U.S. dollar are not securities, partly because users are not expecting any profit from acquiring them.

READ MORE »
cointelegraph

Gemini to halt operations in the Netherlands by mid-November

The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.

READ MORE »
cointelegraph

New US bill to require firms to report off-chain transactions to CFTC

The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occurring off-chain.

READ MORE »
cointelegraph

NFT artist raises $140K for cancer support charity

The funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support.

READ MORE »
cointelegraph

French police raid Nvidia offices amid antitrust investigation: Report

The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector.

READ MORE »
cointelegraph

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics.

READ MORE »
cointelegraph

How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in

“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges.

READ MORE »
cointelegraph

SBF trial dates revealed: FTX founder to stand trial over 6 weeks

In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks.

READ MORE »
cointelegraph

Enter the Ether: VanEck releases two ETF ads ahead of possible Monday launch

Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we’ve never seen says, Bloomberg ETF analyst Eric Balchunas.

READ MORE »
cointelegraph

The Metaverse is real: Zuck’s ‘incredible’ photorealistic tech wows crypto Twitter

Often roasted for his metaverse tech demos, Zuckerberg appears to have blown away internet users with his latest avatar tech.

READ MORE »
cointelegraph

China dev fined 3 yrs’ salary for VPN use, 10M e-CNY airdrop: Asia Express

Crypto industry concerns after Chinese dev fined 3 years’ salary for using a VPN, largest Ponzi in Hong Kong history, JPEX saga, and more.

READ MORE »
cointelegraph

SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise

Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission.

READ MORE »
cointelegraph

Exchanges federation touts crypto trading regulation, integration with TradFi

The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT.

READ MORE »
cointelegraph

3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation

Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.

READ MORE »
cointelegraph

Valkyrie will offer exposure to Ether futures as SEC delays spot Bitcoin ETF

Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown.

READ MORE »
cointelegraph

DAOs need to learn from Burning Man for mainstream adoption

DAOs should learn from Burning Man’s example for simplifying their missions and governance structures while keeping community members engaged.

READ MORE »
cointelegraph

Ripple pulls back from Fortress acquisition 20 days after announcement

Ripple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.

READ MORE »
cointelegraph

Why is Bitcoin price up today?

Bitcoin price is up today as US equities markets show strength and a BTC metric reflects investors’ long-term bullish sentiment.

READ MORE »
cointelegraph

PayPal applies for NFT marketplace patent for on- or off-chain asset trading

PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.

READ MORE »
cointelegraph

Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation

AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50.

READ MORE »
cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

READ MORE »
cointelegraph

Buenos Aires to issue blockchain-based digital ID

The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.

READ MORE »
cointelegraph

Median Web3 developer salary stands at $128K in 2023

In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially remotely.

READ MORE »
cointelegraph

TradFi: 11 things to do when considering adding digital assets

Digital assets can present expansive and valuable opportunities for a TradFi institution that’s prepared to lay the necessary foundation.

READ MORE »
cointelegraph

Bitcoin to $27K next? 1-week BTC price highs precede speech by Fed’s Powell

Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next.

READ MORE »
cointelegraph

Judge denies final pretrial request from Sam Bankman-Fried for temporary release

The federal judge overseeing Sam Bankman-Fried’s fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time.

READ MORE »
cointelegraph

Bitcoin lender Ledn to roll out ETH, USDT interest accounts

Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.

READ MORE »