Today at Chaintalk News

October 3, 2023

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

Ben ‘BitBoy Crypto’ Armstrong reportedly holds $80M in XRP, BTCS and SOL

The post Ben ‘BitBoy Crypto’ Armstrong reportedly holds $80M in XRP, BTCS and SOL appeared first on Coinpedia Fintech News Ben Armstrong, widely known as ‘BitBoy Crypto,’ is a prominent figure in the cryptocurrency space. Reports suggest that Armstrong holds a substantial portfolio, estimated to be around $80 million, primarily invested in XRP, BTCS, and SOL. His strategic investments reflect his confidence in these digital assets, reflecting the ongoing evolution and potential of the crypto …
READ MORE »
cryptocompare

One Million XRP Bought at $0.005 in 2014: Ripple CTO Reveals Interesting Purchase

What was the lowest price that you bought XRP for?
READ MORE »
cryptocompare

Arbitrum Price Prediction 2023 – 2032: ARB breaks key barrier

Arbitrum Price Prediction 2023 – 2032 As the blockchain world anticipates improvements, a third alternative has emerged: scaling solutions. These innovative software applications operate on top of a blockchain‘s base layer, such as Ethereum, to enhance its performance. Arbitrum is a prime example of a scaling solution recently gaining popularity among Ethereum users for executing ... Read more
READ MORE »
cryptocompare

Chainlink Faces Potential Correction as On-Chain Data Signals Downtrend

Oracle service provider Chainlink (LINK) recently surpassed $8, becoming one of the best-performing altcoins in the past few weeks. However, the party seems to be ending for Chainlink as its price is currently experiencing a strong pullback, dropping 4% in the last 24 hours. The post Chainlink Faces Potential Correction as On-Chain Data Signals Downtrend appeared first on COINTURK NEWS.
READ MORE »
cryptocompare

Sygnum Obtained Major Sygnum Payment Institution Licence!

The post Sygnum Obtained Major Sygnum Payment Institution Licence! appeared first on Coinpedia Fintech News Singapore, a subsidiary of Swiss cryptocurrency bank Sygnum, has received a major payment institution license from the Monetary Authority of Singapore, allowing it to offer digital payment token (DPT) trading services to accredited investors and institutions. The license enables the firm to expand its regulated offerings to Asia-Pacific markets, including Hong Kong. Sygnum manages almost …
READ MORE »
cryptocompare

Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

Renowned crypto analyst “Dark Defender” has forecasted a short-term bullish movement for the XRP price, with expectations that the cryptocurrency might hit the $0.66 mark this week. Sharing his insights on Twitter, the analyst referenced XRP’s 1-day chart, highlighting recent price dynamics and key technical indicators. “Hi there. XRP in the daily chart broke the initial resistance & back-tested it. We had a similar move on 13-Jul-23. The next Fibonacci level stands at exactly $0.6649. If we don’t see XRP below $0.50 support, we expect to hit $0.66 this week,” the analyst tweeted. A Deep Dive Into The XRP Price Analysis The chart presented by Dark Defender shows that on September 29, XRP experienced an upward breakout from an ascending triangle. The XRP price increase by 8% was driven by market participants’ expectations of Ripple’s Proper Party. Although “major news” failed to materialize, the price of XRP still managed to stay above the trend line. Related Reading: Expert Predicts Staggering 760% Surge For XRP Price: Here’s The Roadmap Historically, ascending triangles are considered continuation or consolidation formations, indicating a potential resumption of the previous trend following a brief period of consolidation. Given XRP’s upward trajectory since January, this breakout suggests the possible continuation of its bullish trend. As Dark Defender highlights, the cryptocurrency underwent a back-test over the subsequent three days, a process the crypto asset has so far confirmed. If the asset sustains above the $0.50 mark, it would successfully clear the back-test as per Dark Defender’s analysis. Drawing a parallel to the past, Dark Defender pointed out a similar price behavior on July 13. That day marked the release of the summary judgment in the lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Amid this backdrop, XRP broke out of its consolidation phase, triggering an almost 100% price rally. Remarkably, the Relative Strength Index (RSI) entered a cooling phase after a brief surge to 74 in late May. The eventual upside break of this descending trend in RSI coincided with XRP’s significant rally. Related Reading: XRP Price Bloodbath On The Horizon? Report Casts Doubt On Recent Rally Observing the recent chart behavior, Dark Defender noted that the RSI’s extended trendline was once again broken upwards last Friday. Although there wasn’t a significant news catalyst from Ripple to push XRP’s price dramatically, an RSI trendline back-test occurred in recent days. If this is confirmed, it could signal a surge toward the “next” Fibonacci level at $0.66 as mentioned by the analyst. Long-Term Price Targets Dark Defender, in a tweet from October 1, expressed optimism about the XRP price trajectory, specifically highlighting its recent close with a doji candle pattern in September. He remarked, “XRP closed the September candle with a doji. I take this positive, as always, and expect a re-test towards $0.66 in a couple of days.” Expanding on this observation, Dark Defender suggests that if XRP breaks the $0.55 threshold, it will gain significant momentum. This is due to the asset potentially positioning itself above the weekly Ichimoku Clouds, a scenario he views as very bullish. Following this, he anticipates: We proceed with the second resistance at $0.91 (Yellow Resistance) will be broken above $0.66, and XRP will directly proceed with $1.33. Above $1.8815 (In Violet :)), we will discuss –> New All-Time High, possibly at $5.85 at first! At press time, XRP traded at $0.50797. After the price was rejected at the 23.6% Fibonacci retracement level at $0.5272, the cryptocurrency is now looking for support at the 38.2% Fibonacci retracement level at $0.5083 on the 4-hour chart. Featured image from Top1 Markets, chart from TradingView.com
READ MORE »
cryptocompare

OpenAI Offers Artists a Way to Stop AI Models From Scraping Their Works

With the growing number of lawsuits against AI companies over the unauthorised use of content in the training of AI models, one of the leading firms, OpenAI, is now offering artists a way to prevent their works from being used in AI model training. However, this solution seems late. The Tussle Between Creators and AI ... Read more
READ MORE »
cointelegraph

Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore plans to expand its regulated offering to Asia–Pacific (APAC) markets, such as Hong Kong, a spokesperson told Cointelegraph.

READ MORE »
cryptocompare

Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore plans to expand its regulated offering to Asia–Pacific (APAC) markets, such as Hong Kong, a spokesperson told Cointelegraph.
READ MORE »
cryptocompare

Bank of Russia Digital Ruble Pilot Update: ‘Everything Going as Planned’

The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was “going as planned” and that more participants and use cases would be added next
READ MORE »
cryptocompare

Blockchain Analytics Firm Chainalysis Cuts 15% Staff

This is the second round of layoffs by the analytics firm in less than 12 months.
READ MORE »
cryptocompare

US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman

The recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today. On October 2, a total of nine ETF products designed to track futures contracts tied to the value of Ethereum's native currency, Ether, were introduced to the market. ... Read More: US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman
READ MORE »
cryptocompare

Does the Japanese Automotive Giant Allow Vehicle Purchases with Cryptocurrencies? Justin Sun Tweeted!

Famous Japanese automotive giant Honda, in a groundbreaking move, announced that it will enter the developing cryptocurrency world. Continue Reading: Does the Japanese Automotive Giant Allow Vehicle Purchases with Cryptocurrencies? Justin Sun Tweeted!
READ MORE »
cryptocompare

$ATOM Tokenomics Changes To Be Central Discussion At Cosmoverse ‘23

$ATOM Tokenomics Changes To Be Central Discussion At Cosmoverse ‘23
READ MORE »
cryptocompare

Memeinator’s Stern Resistance & Price Predictions vs. Wall Street Memes

Crypto presales can be hit and miss, with some posting 100-1000x gains from their opening stages and others falling flat directly after launch. It’s not always easy to uncover the gems during these periods, but one thing that prospective investors should keep in mind is that utility begets demand. Since most meme coins lack any ... Read more
READ MORE »
cryptocompare

Here is How XRP is Designed to Revolutionize Global Payment with 293M+ Txns a Day

In a recent tweet, prominent XRP influencer Alex Cobb revealed some impressive statistics about the capabilities of the XRP Ledger (XRPL) blockchain. Cobb spotlighted that XRP can process 3,400 transactions per second (TPS). He further broke down the figure into minutes, hours, and days to help the crypto community visualize the XRP blockchain capability better. The post Here is How XRP is Designed to Revolutionize Global Payment with 293M+ Txns a Day first appeared on The Crypto Basic .
READ MORE »
cryptocompare

Crypto Assets Conference 2023 (CAC23B) Unveils a New Era of Digital Transformation

The Frankfurt School Blockchain Center proudly announces the Crypto Assets Conference (CAC23B), set to illuminate the digital assets landscape from October 17 to 18, 2023. In a world where Bitcoin and Ethereum challenge traditional norms and DeFi integration reshapes banking, #CAC23B paves the way for a future shaped by innovation and exploration. Web3’s potential to ... Read more
READ MORE »
cryptocompare

Market Chaos: ApeCoin and Immutable Crash, Everlodge Emerges as the Ultimate Investment Savior!

Although the cryptocurrency market continues its range-bound trading, some assets are under bearish pressure. Among them are ApeCoin and Immutable, suffering huge price dips. As a result, many investors are now migrating to Everlodge, which promises more gains. Join the Everlodge presale and win a luxury holiday to the Maldives ApeCoin Price Nears Critical Level ... Read more
READ MORE »
cryptocompare

ADA Price Analysis: Is Cardano Price About To Experience A Price Jump?

The post ADA Price Analysis: Is Cardano Price About To Experience A Price Jump? appeared first on Coinpedia Fintech News The crypto market displayed a short relief after the consecutive price jump for two days, following which the industry today witnessed a minor correction of nearly 2% in value. Ethereum price, on the other hand, experienced a fall of over 3% in value, whereas its competitor Cardano has lost less than 1%. The ADA price …
READ MORE »
cryptocompare

Top 5 Layer 2 Tokens by Market Capitalization

In a robust show of bullish momentum, Layer 2 tokens are seeing a resurgence in market capitalization, spearheaded by Polygon (MATIC). Despite a brief bearish dip, MATIC bounced back impressively, reaching a 24-hour high of $0.5738. This resurgence is no coincidence since it reflects a growing investor interest that catapulted MATIC’s market cap to $5.26 The post Top 5 Layer 2 Tokens by Market Capitalization appeared first on Coin Edition .
READ MORE »
cryptocompare

Crypto and Web3 Venture Funding dwindle amidst prolonged bear markets

Analytic platform WuBlockchain unveiled its September cryptocurrency venture capital report on Monday. The stats indicated that VC funding for crypto and Web3 enterprises continued to dwindle as the digital assets space experienced escalated bearishness. Crypto and Web3 funding distresses The report shows the crypto venture capital space saw publicly revealed investment projects increasing by 3% The post Crypto and Web3 Venture Funding dwindle amidst prolonged bear markets appeared first on Invezz .
READ MORE »
cryptocompare

Breaking Boundaries: Tradecurve Markets (TCRV) Surpasses Tezos (XTZ) and Neo (NEO) in Presale, Paving the Way for Crypto Revolution!

In the fast-paced world of cryptocurrency, Tradecurve Markets (TCRV) is making an impressive entry, already outperforming established players like Tezos (XTZ) and Neo (NEO) while still in its presale phase. Let’s take a closer look at these platforms and explore why Tradecurve Markets is set to revolutionize the crypto landscape. >>Register For The Tradecurve Markets ... Read more
READ MORE »
cryptocompare

LayerZero Partners with Conflux for Cross-Chain Messaging in Asia-Pacific!

The post LayerZero Partners with Conflux for Cross-Chain Messaging in Asia-Pacific! appeared first on Coinpedia Fintech News LayerZero, the cross-chain messaging protocol, is partnering with Conflux, a Singapore-registered public blockchain, to expand into the Asia Pacific region and enable users of Conflux’s blockchain-enabled SIM cards to transfer assets and messages between chains using LayerZero. The cards, developed in collaboration with China Telecom, are expected to be piloted in Hong Kong later this …
READ MORE »
cryptocompare

Time To Get Rid of Bearish Bias As Bitcoin Bull Market Is Confirmed, Says Trader Who Nailed 2018 BTC Bottom

A top trader who accurately called the 2018 bear market bottom for Bitcoin (BTC) believes that the crypto king has officially entered bull territory. Pseudonymous analyst Bluntz tells his 225,000 followers on the social media platform X that Bitcoin’s recent rally has invalidated his bearish view that BTC could drop below $24,000 before reversing its The post Time To Get Rid of Bearish Bias As Bitcoin Bull Market Is Confirmed, Says Trader Who Nailed 2018 BTC Bottom appeared first on The Daily Hodl .
READ MORE »
cryptocompare

Chainalysis cuts staff by 15%, shifts to government contracts

In response to challenging market conditions, blockchain analytics firm Chainalysis has confirmed a significant workforce reduction, shedding approximately 15% of its employees, totalling around 150 staff members. This marks the second round of layoffs for the company this year, as the ongoing crypto bear market has continued to exert pressure on the industry. In its The post Chainalysis cuts staff by 15%, shifts to government contracts appeared first on Invezz .
READ MORE »
cryptocompare

Will BCH reach $1000?

The crypto industry has been suffering for a while now, barring some exceptional coins. BCH or Bitcoin Cash is one such digital asset. Introduced back in August 2017 through a Bitcoin hard fork, Bitcoin Cash has established a distinct entity now. Based on the market cap, BCH is currently ranked 18th among all cryptocurrencies. In …
READ MORE »
cryptocompare

Protocol Village: LayerZero Joins With Conflux on China Telecom SIM Card

The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.
READ MORE »
cryptocompare

Haru Invest Sets Plans For Phased Asset Recovery After Bankruptcy

Haru Invest's troubles began in June when it ceased all deposit and withdrawal operations upon discovering suspicious activities linked to a consignment operator, B&S Holdings.
READ MORE »
cryptocompare

Binance Aids Thai Police in Crackdown on Crypto-Related Criminal Networks

Crypto exchange Binance has played a major role in aiding Thailand’s Royal Police in identifying and cracking down on several crypto-related criminal networks. The company told Cryptonews that Binance’s investigations team alongside the Cyber Crime Investigation Bureau (CCIB) and the Royal Thai Police's Central Investigation Bureau (CIB) have tracked down criminals responsible for major cryptocurrency scams.... Read More: Binance Aids Thai Police in Crackdown on Crypto-Related Criminal Networks
READ MORE »
cryptocompare

Top Researcher Highlights Major Reason the SEC Targeted XRP

Prominent digital asset researcher Anders highlights the major reason why the Securities and Exchange Commission (SEC) chose to go after XRP. In a startling development, a prominent digital asset researcher, Anders, has taken to X (formerly Twitter) to highlight why the SEC chose to go after XRP. For context, the SEC, in December 2020, charged The post Top Researcher Highlights Major Reason the SEC Targeted XRP first appeared on The Crypto Basic .
READ MORE »
cryptocompare

Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn

In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce. CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent report by Forbes.... Read More: Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
READ MORE »
cryptocompare

Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds

Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected to last between two and
READ MORE »
cryptocompare

Exploring the Potential of AI in the Public Sector: Insights from Ada Lovelace Institute

In today’s swiftly evolving digital landscape, public sector entities are on the verge of fully realizing the capabilities of Artificial Intelligence (AI) models. A recent policy brief from the Ada Lovelace Institute offers valuable perspectives on the opportunities and potential risks of employing AI. This is particularly true in foundational models within governmental organizations. Public ... Read more
READ MORE »
cryptocompare

Analyst: Solana (SOL) is Ready for a Strong Bull Market, Target Price at $250

Experienced crypto analyst and trader Inmortal stated that Solana‘s native asset SOL is preparing for a strong bull market. The analyst predicts that the price of SOL will increase more than 10 times in the next 2 years. The post Analyst: Solana (SOL) is Ready for a Strong Bull Market, Target Price at $250 appeared first on COINTURK NEWS.
READ MORE »
cryptocompare

China’s Cryptocurrency Ban Continues to Hurt Eastern Asia: Report

Blockchain data platform Chainalysis’ recent report shows that crypto activities in Eastern Asia have reduced significantly over the years. As per the report, the region that once held a larger share of the crypto market now accounts for 8.8% of global crypto activity over the past year. In particular, the report placed East Asia as The post China’s Cryptocurrency Ban Continues to Hurt Eastern Asia: Report appeared first on Coin Edition .
READ MORE »
cryptocompare

DOT witnesses strong gains but this is why bulls may lose steam at $4.2

The H4 market structure of DOT was bullish, and the OBV was also in a steady ascent since 28 September. However, there was a reason traders could still look for selling opportunities.
READ MORE »
cryptocompare

Is Filecoin Trading in the Right Direction?

The crypto market has been steady for the better half of 2023. The industry is seeing several major assets showing resilience even better than traditional assets. Filecoin, or FIL, is one such crypto asset that has been trading around the $3 mark for a while now. A major reason behind this growth is the launch …
READ MORE »
cryptocompare

Analyst States Why He Stopped Accumulating XRP and When He Will Sell His Holdings

In recent weeks, XRP has seen a lot of bullish predictions. The recent market cap spike has increased the bullish sentiment in the market. However, not everyone is hopeful for the future of XRP, as one analyst has shared his disappointment in XRP’s performance and why he’s no longer interested in accumulating XRP as always. The post Analyst States Why He Stopped Accumulating XRP and When He Will Sell His Holdings appeared first on Times Tabloid .
READ MORE »
cryptocompare

Ripple CTO Shares Details of 1 Million XRP Buy At $0.005

The Ripple CTO David Schwartz recently revealed that his father bought over 1 million XRP in 2014 when the asset was trading for $0.005. The disclosure came as a response to a question posed by Alex Cobb, a notable XRP community figure and trader. Cobb had taken to X to ask members of the XRP The post Ripple CTO Shares Details of 1 Million XRP Buy At $0.005 first appeared on The Crypto Basic .
READ MORE »
cryptocompare

Zookal Unveils Cutting-Edge Exam Preparation Program

In a significant advancement within education, Zookal, a prominent educational technology enterprise, has revealed a groundbreaking AI-driven program dedicated to enhancing students’ exam preparation experiences while mitigating stress. Leading the initiative, Zookal’s Chief Executive Officer, Ahmed Haider, aims to redefine the way students prepare for crucial exams. Zookal’s groundbreaking AI program introduces a paradigm shift ... Read more
READ MORE »
cryptocompare

Aptos Labs CEO on Three Catalysts That Could Bring a Billion New Users to Crypto

In a recent conversation with crypto analyst Scott Melker, Mo Shaikh, the CEO and co-founder of Aptos (APT), outlined three pivotal factors that could usher in a new era of mass adoption for cryptocurrencies. Shaikh believes these elements can potentially attract a billion new users to the digital asset landscape. The first factor Shaikh emphasized
READ MORE »
cryptocompare

Celsius Network seeking court approval for repayment plan

Celsius Network, the embattled crypto lender, is making strides toward repaying its customers by the end of 2023. The company’s legal counsel, Christopher Koenig, recently revealed during an October 2 hearing in New York that they are pursuing court approval for a reorganization plan that promises a brighter future for the platform. Celsius Network’s commitment The post Celsius Network seeking court approval for repayment plan appeared first on Invezz .
READ MORE »
cryptocompare

Chainalysis Goes Forward With a Second Round of Layoffs: Report

This is the second round of layoffs conducted by the firm, following a smaller action in the same vein in February.
READ MORE »
cryptocompare

Chainalysis Inc. to Lay Off 15% of Employees Due to Market Conditions!

The post Chainalysis Inc. to Lay Off 15% of Employees Due to Market Conditions! appeared first on Coinpedia Fintech News Blockchain data company Chainalysis Inc. has announced that it is laying off 15% of its employees due to market conditions. The news comes as more and more firms operating within the cryptocurrency sector are forced to let staff go as the market struggles to stabilize. Losses have been particularly pronounced in the mining industry, where …
READ MORE »
cryptocompare

Binance Loans to Close All Outstanding BUSD Credit and Collateral Positions

Crypto exchange Binance‘s crypto loan platform, Binance Loans, has announced that it will close all outstanding Binance USD (BUSD) credit and collateral positions. Users are advised to close their affected loans to prevent potential losses. The post Binance Loans to Close All Outstanding BUSD Credit and Collateral Positions appeared first on COINTURK NEWS.
READ MORE »
cryptocompare

UBS Launches Ethereum-based Money Market Fund Through Singapore's Project Guardian

Leveraging a smart contract on the Ethereum network, the pilot facilitated activities such as redemptions and fund subscriptions.
READ MORE »
cryptocompare

SBF’s Legal Team Moves to Halt Ukrainian Witness Testimony

The post SBF’s Legal Team Moves to Halt Ukrainian Witness Testimony appeared first on Coinpedia Fintech News Attorneys for Sam Bankman-Fried (SBF), the embattled crypto exchange founder, are challenging the Department of Justice’s decision to allow a Ukrainian customer to offer remote testimony at the trial. They argue that such a move could unfairly sway the jury due to its emotional content. The Clash Over Remote Testimony The defense team’s move comes …
READ MORE »
cryptocompare

Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC

A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate. According to the media outlet Ambito, Sergio Massa, the country’s current Minister of Economy and a candidate for this month’s elections, called for the creation of a digital peso during a live debate. He said:... Read More: Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC
READ MORE »
cryptocompare

Cardano (ADA) Price Analysis: Bulls Aim More Upsides Above $0.27

ADA price is correcting gains from the $0.270 zone against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.256 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase The post Cardano (ADA) Price Analysis: Bulls Aim More Upsides Above $0.27 appeared first on Live Bitcoin News .
READ MORE »
cryptocompare

Ripple CTO Reveals Father’s Massive XRP Buy

David Schwartz, Ripple’s chief technology officer, recently unveiled that his father purchased over a million XRP back in 2014
READ MORE »
cryptocompare

Grayscale Files To Convert $5 Billion Ethereum Trust Into An ETF

Asset management giant Grayscale Investments has filed an application with the U.S. Securities and Exchange Commission to have its Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). The application, which was submitted earlier today, comes just days after the securities regulator started approving Ethereum Futures ETF. Michael Sonnenshein, the man at the helm of The post Grayscale Files To Convert $5 Billion Ethereum Trust Into An ETF appeared first on Coin Edition .
READ MORE »
cointelegraph

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management.

READ MORE »
cointelegraph

Celsius seeks court approval to start repaying customers by year-end

The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023.

READ MORE »
cointelegraph

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia — Chainalysis

Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm.

READ MORE »
cointelegraph

Chainalysis axes another 15% of staff citing difficult market conditions

The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.

READ MORE »
cointelegraph

Ethereum futures ETFs garner lukewarm reception on first day of trading

Day one trading volume across all nine products stood at less than $2 million.

READ MORE »
cointelegraph

AI can be used in 'every single process' of JPMorgan’s operations, says CEO

JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as just some of the processes that can be streamlined by AI.

READ MORE »
cointelegraph

6 Questions for JW Verret — the blockchain professor who’s tracking the money

J.W. Verret is the “Blockchain Professor.” He may be tracking your money, but he’s advocating for crypto.

READ MORE »
cointelegraph

Class-action suit filed against Binance for alleged harm to FTX before its collapse

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange.

READ MORE »
cointelegraph

Investors drop class-action lawsuit against Terraform Labs and Do Kwon

The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. SEC and Do Kwon possibly nearing the end of his sentence in Montenegro.

READ MORE »
cointelegraph

Volatility Shares cancels ETH futures ETF launch, ‘didn’t see the opportunity at this point in time’

The company’s co-founder and president, Justin Young, told Cointelegraph in an email that plans to launch at a later date were “TBD.”

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

Why is Ether (ETH) price up today?

Ether price is up today as Ethereum futures ETF launches and other signs of institutional adoption boost investor sentiment.

READ MORE »
cointelegraph

One-third of all CFTC crypto enforcement actions took place this year — Chairman Behnam

CFTC Chairman Rostin Behnam told an audience at the Financial Industry Association Expo about the agency’s activity in the crypto space and its need for modern legislation.

READ MORE »
cointelegraph

Book describes Sam Bankman-Fried with little attention span or respect for appointments

The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute.

READ MORE »
cointelegraph

SEC continues to delay decisions on crypto ETFs: Law Decoded

The latest delays came two weeks before the second deadline for many applicants.

READ MORE »
cointelegraph

Crypto liquidity provider GSR receives regulatory approval in Singapore

The license allows GSR to provide crypto and fiat-related services to Singaporean residents and entities.

READ MORE »
cointelegraph

Price analysis 10/2: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin and select altcoins are looking strong at the start of October, but will the flashpan bullish momentum last?

READ MORE »
cointelegraph

Researchers find LLMs like ChatGPT output sensitive data even after it’s been ‘deleted’

According to the scientists, there’s no universal method by which data can be deleted from a pretrained large language model.

READ MORE »
cointelegraph

Why is the crypto market up today?

The crypto market is up today as the U.S. government avoids a shutdown and spot Bitcoin volumes surge.

READ MORE »
cointelegraph

Parliamentary committee calls for shutdown of Worldcoin in Kenya

The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers.

READ MORE »
cointelegraph

Bankrupt CeFi firm Haru Invest hints at asset recovery

No specific timeline was given as to when users can receive their money back.

READ MORE »
cointelegraph

Tether treasury receives two $50M USDT lump sums from Bitfinex

Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart.

READ MORE »
cointelegraph

BTC price knocks on $28.5K as trader says Bitcoin ‘reeks of disbelief’

Bitcoin preserves its snap October gains, but BTC price analysis reveals reasons for staying level-headed about the future.

READ MORE »
cointelegraph

VanEck Ethereum Strategy ETF set for CBOE listing

Following the U.S. SEC’s approval of spot Ether exchange-traded funds, VanEck has launched its Ethereum Strategy ETF.

READ MORE »
cointelegraph

Bitfarms increases mining pace, generates 411 BTC in September

Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving.

READ MORE »
cointelegraph

AI a powerful tool for devs to change gaming, says former Google gaming head

Ryan Wyatt deciphers the the possibilities for AI to help gamers and game developers achieve.

READ MORE »
cointelegraph

Swiss bank UBS launches tokenized money market fund on Ethereum

The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain.

READ MORE »
cointelegraph

Grayscale submits SEC filing to convert Ethereum Trust to spot ETF

Crypto asset manager Grayscale has filed an application with the U.S. SEC to convert its Ethereum Trust to a spot Ethereum ETF.

READ MORE »
cointelegraph

Hashing It Out: What happens when cloud meets Web3?

The guests on this episode of Hashing It Out discuss how cloud technology and Web3 intersect, with a special focus on user identity and regulations.

READ MORE »