Today at Chaintalk News

June 11, 2023

“Zoom Moment” In Blockchain Industry

By Kinsei

cryptocompare

Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer

On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these two crypto assets have come at the expense of other digital currencies.
READ MORE »
cryptocompare

Terra Founder Do Kwon Allegedly Moved $29 Million Worth of Crypto Out of LFG Wallet After Arrest

As a report as it, Do Kwon, the founder of Terra (LUNA), moved tens of millions of dollars worth of digital assets away from Luna Foundation Guard’s (LFG) wallet after his arrest in March this year. According to a report from Bloomberg, South Korean prosecutors, who have been working to trace the missing crypto assets, The post Terra Founder Do Kwon Allegedly Moved $29 Million Worth of Crypto Out of LFG Wallet After Arrest appeared first on Times Tabloid .
READ MORE »
cointelegraph

Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.

READ MORE »
cryptocompare

Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.
READ MORE »
cryptocompare

Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief

Robert Cohen says the SEC's selective enforcement is having a "real impact on real people and real businesses.”
READ MORE »
cryptocompare

Defi volumes surge following SEC lawsuit against centralized exchanges

The volumes on Defi has been on the rise over the last few days following a series of events involving centralized exchanges. In recent developments, the United States Securities and Exchange Commission (SEC) has been making headlines with its lawsuits against prominent centralized crypto exchanges such as Binance.US and Coinbase. However, it is important to ... Read more
READ MORE »
cryptocompare

Solana prices dive 42% within a week, will there be a quick recovery

Even though Solana has fallen to a long-term support level, buyers banking on a strong bounce to $18 are exposing themselves to a huge risk.2
READ MORE »
cryptocompare

OECD proposes new tax standards for crypto worldwide

The Organization for Economic Cooperation and Development (OECD) has introduced a new tax standard specifically targeting cryptocurrencies. As an international organization focused on creating guidelines for various global issues, the OECD’s standards are not mandatory but serve as a reference for regulators shaping domestic and international policies. OECD wants a uniform tax rate A framework ... Read more
READ MORE »
cryptocompare

As Conflux (CFX) and Kava (KAVA) Prices slide, here’s why DigiToads is a Better Investment

Conflux (CFX) and Kava (KAVA) face strong resistance in the market, depicted by strong price movements to the downside. In contrast, DigiToads (TOADS) has turned out to be a bright spot in a bear market, rallying by more than 140%, and its presale is on track to raise millions. The opportunity to buy into DigiToads
READ MORE »
cointelegraph

Latam crypto holders flock to Bitget following Binance, Coinbase suits

The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits.

READ MORE »
cryptocompare

Latam crypto holders flock to Bitget following Binance, Coinbase suits

The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits.
READ MORE »
cryptocompare

Avalanche Price Prediction 2023-2032: Time to Buy the AVAX Dip?

Avalanche Price Prediction 2023-2032 While the crypto market navigated the fallout from the collapse of FTX in late 2022, Ava Labs says it dodged the bullet. Ava Labs founder and CEO Emin Gün Sirer assure its stakeholders that FTX impacts very little the companies and projects operating in the Avalanche ecosystem. The company had an account on ... Read more
READ MORE »
cryptocompare

Foodmasku Dishes Out Edible Masks on Ethereum

The multimedia artist has embraced the blockchain as a means to safeguard his work and explore the intersection of technology and humanity.
READ MORE »
cryptocompare

Shiba Inu Coin Price Prediction 2023-2032: Is SHIB Skyrocketing Soon?

Shiba Inu Price Prediction 2023-2032 Let’s walk through Shiba Inu’s tracks through time to help decide whether SHIB is an excellent addition to your crypto portfolio. Let’s see what Elon Musk will do to help push the meme coin. After our walkthrough of the Shiba Inu price predictions, we will hopefully be more aware of ... Read more
READ MORE »
cryptocompare

Did Binance Secretly Revise the User’s ‘Terms of Use’?

Subject to the conditions, Binance has quite updated its Terms of Use lately, this Tuesday. However, the revised Terms of
READ MORE »
cryptocompare

Bitcoin: Traders bet on sideways momentum for BTC as…

Bitcoin's Implied Volatility declined rapidly indicating the anticipation of low fluctuations of price from the options market.
READ MORE »
cryptocompare

Ethereum Price Prediction 2023-2032: Will ETH reach $8000 soon?

Ethereum Price Prediction 2023-2032 “The Merge did not change anything for holders/users.” Is that a fact? Crypto prices are unlikely to see a major recovery without new or returning investors bringing cash back into the market. Unless the retail people enter the market, Ethereum won’t strongly blast above ATH. Maybe something sparks retail, though, like Coinbase, ... Read more
READ MORE »
cryptocompare

Arbitrum Price Prediction 2023 – 2032: Can ARB Reach $100?

Arbitrum Price Prediction 2023 – 2032 As the 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 that has gained popularity recently among Ethereum users for ... Read more
READ MORE »
cryptocompare

Ethereum Gas Fees Drop After Memecoin Craze Winds Down

The Ethereum (ETH) and Bitcoin (BTC) networks suffered several congestion levels in May occasioned by meme coins and BTC Ordinals, respectively.
READ MORE »
cryptocompare

$5,610,000,000 Fund Manager Says More US Bank Failures Incoming, Warns Liquidity and Liability Crisis Boiling Under the Surface

The chief executive of a $5.61 billion private investment firm warns the crisis in the banking sector is not yet over. In a new Bloomberg Invest interview, Soros Fund Management CEO Dawn Fitzpatrick says that more bank failures are in sight as she believes the embattled sector is still flashing red flags under the hood. The post $5,610,000,000 Fund Manager Says More US Bank Failures Incoming, Warns Liquidity and Liability Crisis Boiling Under the Surface appeared first on The Daily Hodl .
READ MORE »
cryptocompare

AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency?

While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether bitcoin could become a global reserve currency. We asked six popular AI chatbots the same question: “Will bitcoin become
READ MORE »
cryptocompare

Public Outrage Swells as Gensler’s SEC Policies Ignite Twitter Storm

Recent reports show high-profile financial commentators express their contempt over Securities and Exchange Commission (SEC) Chief Gary Gensler’s policies. Scott
READ MORE »
cryptocompare

The Metropolitan Museum Of Art To Return $550k Donations It Received From Collapsed FTX

According to court documents, a total of $93 million was handed out by FTX in donations between March 2020 and November 2022, creating a dilemma for recipients.
READ MORE »
cryptocompare

Ethereum Competitor Solana Witnesses 86% Increase in Monthly Active Addresses in May: Crypto Data Firm Nansen

Ethereum (ETH) competitor Solana (SOL) witnessed an explosion in on-chain activity last month, according to the crypto data firm Nansen. Nansen notes that Solana’s monthly active address count surged by 86% in May, reaching a total of 9.5 million addresses, which ranks third among all chains. According to Nansen, active addresses refer to the number The post Ethereum Competitor Solana Witnesses 86% Increase in Monthly Active Addresses in May: Crypto Data Firm Nansen appeared first on The Daily Hodl .
READ MORE »
cryptocompare

Why is the crypto market down today – Is it the weekend effect or something else?

Crypto markets experienced significant declines on June 10, with tokens such as Solana’s SOL, Polygon’s MATIC, and Cardano’s ADA falling by double-digit percentages before partially recovering. Factors contributing to the decline include rumors of a fund selling its holdings, concerns over regulatory actions by the SEC, and Robinhood’s decision to remove certain altcoins from its ... Read more
READ MORE »
cryptocompare

Are Proof-Of-Work Assets Safe? Analysts Give Their Two Cents Amid SEC’s Ambush

The Securities and Exchange Commission (SEC) has intensified its efforts in regulating digital assets in what many have described as a “lopsided process” against several assets.
READ MORE »
cryptocompare

French Fintech Tycoon Who Bought Shiba Inu (SHIB) and Arbitrum (ARB) Recently Purchased HedgeUp (HDUP)… Here’s why

As cryptocurrencies gain prominence, more and more affluent investors are taking note and making decisive moves. One such investor is a French fintech tycoon known for his discerning picks in the crypto landscape. This high-profile investor, who had earlier bought into Shiba Inu (SHIB) and Arbitrum (ARB), has now turned his focus to HedgeUp (HDUP).
READ MORE »
cryptocompare

Bitcoin’s quest for breakthrough: A catalyst for LTC and XRP?

In recent times, LTC AND XRP decoupled from BTC's dominance. However, the assets might need the king coin's input to breakout.
READ MORE »
cryptocompare

Polkadot Price Prediction 2023-2032: A Bullish Pattern?

Gavin Wood, the founder of Polkadot, the blockchain interoperability platform, has come under fire for putting a condition on a possible $5M donation to help the Ukrainian govt with the crisis caused by the Russian invasion. Some respondents felt this was less of a humanitarian gesture and more of a marketing punt. Will this affect our Polkadot Price ... Read more
READ MORE »
cryptocompare

Tezos Price Prediction 2023-2032: How High can XTZ Rise?

Tezos Price Prediction 2023-2032 Tezos coin has been making waves in the crypto world. Given the attention that the Tezos network is commanding in the crypto market, and if you are curious about the XTZ coin, Tezos Price Prediction is right up your alley. Where is XTZ now? Project management has made impactful decisions to ... Read more
READ MORE »
cryptocompare

Court Grants Defunct FTX Permanent Anonymity for Its Customers

As part of its continuing bankruptcy procedures, the now-defunct FTX exchange was granted permanent anonymity for its users by a
READ MORE »
cryptocompare

ApeCoin Price Prediction 2023-2032: A Strong Buy Sentiment for APE?

ApeCoin Price Prediction 2023-2032 The NFT industry has been booming for the past few years, and there is no stopping it anytime soon. The NFT project Bored Ape Yacht Club has been one of the most successful in the blockchain industry. Various APE price highlights unfold in this ApeCoin Price Prediction. How much is ApeCoin ... Read more
READ MORE »
cryptocompare

Elusive advisor to cryptoqueen vanishes, deepening OneCoin scandal mystery

Frank Schneider, the elusive advisor to the infamous ‘Cryptoqueen’ and former spy, has vanished from his residence in France, adding another mystery to the convoluted OneCoin cryptocurrency scandal. Schneider, who had been under house arrest, managed to evade his ankle monitor, leaving authorities perplexed and fueling speculation about the extent of his involvement in the ... Read more
READ MORE »
cryptocompare

American investors have forgotten all about recession

As an unanticipated breeze of economic optimism sweeps across America, the impending doom of recession appears to be a waning memory for U.S. investors. There’s a robust shift in the stock rally that had previously circled around a select group of colossal tech and growth companies. Now, the field seems to be expanding, further encouraging ... Read more
READ MORE »
cryptocompare

6 Years in Prison for Arizona Entrepreneur for Offering Shadow Banking Services to Crypto Exchanges

Former Co-Owner of Minnesota Vikings' acquisition of a stake in the AAF, in part, led to its collapse and subsequent bankruptcy declaration, the prosecutors said.
READ MORE »
cryptocompare

Binance’s CEO Speaks Out: CZ Binance Clears Air on $392M Outflow

Navigating the stormy seas of cryptocurrency, trading platforms like Binance encounter daily waves of change. Binance, a global crypto exchange
READ MORE »
cryptocompare

Grayscale Drops Filecoin (FIL) Trust Registration Request

Grayscale, one of most overhyped crypto heavyweights of previous bullish rally, is forced to forget about its Filecoin (FIL) trust ambitions
READ MORE »
cryptocompare

How generative AI like ChatGPT elevates productivity

The cresting wave of technological advancement is invariably accompanied by a surge of expectation and excitement, inciting comparisons to historical tech revolutions like the railway mania of the 1840s or the internet boom of the late 90s. On the contemporary frontier, the key disruptor is generative AI—particularly expansive language models like OpenAI’s ChatGPT, which have ... Read more
READ MORE »
cryptocompare

TrueUSD stops minting via Prime Trust, loses dollar peg

The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice.
READ MORE »
cointelegraph

TrueUSD stops minting via Prime Trust, loses dollar peg

The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice.

READ MORE »
cryptocompare

Terra Founder Do Kwon Allegedly Moved $29,000,000 in Crypto Away From Luna Foundation Guard After Arrest: Report

Disgraced Terra (LUNA) founder Do Kwon reportedly relocated tens of millions of dollars worth of crypto away from a Luna Foundation Guard wallet after his arrest in March. South Korean prosecutors, who are trying to track down the missing trove of digital assets, say it’s likely Kwon either personally moved $29 million in crypto or The post Terra Founder Do Kwon Allegedly Moved $29,000,000 in Crypto Away From Luna Foundation Guard After Arrest: Report appeared first on The Daily Hodl .
READ MORE »
cryptocompare

Optimism Price Prediction 2023 – 2032: Will OP Token Gain Momentum In 2023?

Optimism Price Prediction 2023-2032 Imagine a world where Ethereum, the second largest cryptocurrency by market cap, is not just a giant because of its support for smart contracts, but also a fast, affordable, and efficient platform. This is the world that the Ethereum community dreams of, a world where decentralized apps (dApps) and decentralized finance ... Read more
READ MORE »
cryptocompare

Nvidia’s AI software exposes sensitive data – Details

Unsettling revelations have come to light about the safety mechanisms within Nvidia’s artificial intelligence (AI) software, the NeMo Framework, following a recent investigation. A pivotal breakthrough in the software, built to cater to language model processing for AI-based solutions like chatbots, has been exploited, exposing sensitive data and thus sparking security concerns. Exposing the fault ... Read more
READ MORE »
cryptocompare

Algorand Price Prediction 2023-2032: Is ALGO a Good Investment?

Algorand Price Prediction 2023-2032 If you are thinking of investing in a cryptocurrency, Algorand is one of the best choices you can make. However, it is not just enough to hold the ALGO cryptocurrency in high esteem. The coin has to perform up to expectations. You have to look at Algorand’s price prediction from 2023 ... Read more
READ MORE »
cryptocompare

Bitcoin trades at a discount on Binance.US after major announcement

The SEC's legal action against Binance has created ripples across the crypto market, impacting the dynamics of the BTC/USD trading pair.
READ MORE »
cryptocompare

Chainlink Price Prediction 2023-2032: A Strong Buy Sentiment for LINK?

Chainlink Price Predictions 2023-2032 No one could say if — and when — the crypto winter is ending. We can regard some successful strategies as “green shoots” to create hope for the crypto industry. ETH witnessed three consecutive weeks of inflows after 11 straight weeks of sell-off, according to a CoinShares report. Fear not, and let’s ... Read more
READ MORE »
cryptocompare

EU’s crypto regulation implementation in jeopardy

At the helm of European cryptocurrency regulation stands the Markets in Crypto Assets (MiCA), a framework recently given the green light by the European Union (EU). However, its successful implementation across the continent may be fraught with obstacles, warns Christian Anders, CEO of cryptocurrency enterprise Btc.x. A hurdle race towards acceptance According to Anders, the ... Read more
READ MORE »
cryptocompare

Bitcoin Price Analysis: Sharply Lower to 25474 - 11 June 2023

BTC/USD Races Lower to 25474: Sally Ho’s Technical Analysis – 11 June 2023 Bitcoin (BTC/USD) extended its recent depreciation early in the Asian session as the pair was pressured back below the 26000 figure, trading as low as the 25474.89 area. Stops were elected below the 26041.83 and 25720.64 areas during the rapid descent, downside price objectives related to technical selling pressure that emerged around the 27402.79 area. Related downside price objectives include the 25323.24 and 24680.87 levels. The ongoing move lower also included a test of the 25309.26 area, a level that represents the 50% retracement of the appreciating range from 19568.52 to 30825.30. Stops are cited below major retracement levels linked to the 19568.52 and 15460 levels, including the 25309, 25094, 23954, 23255, 22278, 22025, 21415, 19139, and 18796 areas. Additional downside price objectives include the 24705, 24440, 23208, and 22769 levels. Following recent price activity, areas of technical resistance and potential selling pressure include the 27528, 27737, 27805, 28200, 28473, and 28873 levels. Upside retracement levels in recent depreciating ranges include the 28700, 28741, 28868, 29243, 29299, and 29284 levels. Above the market, upside price objectives include the 30420.74, 31237.11, 31477.37, 32501.23, 32556.73, 32989.19, 34583.96, 34658.69, 35222.66, 37765.28, and 38403.97 levels. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and below the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and below the 100-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 26617.83 and the 50-bar MA (Hourly) at 26315.77. Technical Support is expected around 24440.41/ 23270.10/ 22769.39 with Stops expected below. Technical Resistance is expected around 31986.16/ 32989.19/ 34658.69 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
READ MORE »
cryptocompare

Credit Suisse CEO teases UBS deal finalization

Credit Suisse, the prominent Swiss banking conglomerate, is bracing for an unprecedented transition as it nears the completion of its emergency takeover by rival UBS AG. The deal, according to the bank’s Chief Executive, Ulrich Koerner, is expected to close on Monday, signaling a transformative shift in the landscape of the Swiss banking industry. Ulrich ... Read more
READ MORE »
cryptocompare

How do SEC allegations impact the DeFi ecosystem?

Concerns have been raised about the future of decentralized finance (DeFi) in light of recent claims made by the U.S. Securities and Exchange Commission (SEC) against prominent crypto exchanges Binance and Coinbase. The allegations, which center on breaking securities laws and using unregistered exchanges, are considered a possible threat to the core values of DeFi ... Read more
READ MORE »
cryptocompare

Donald Trump accused of betraying U.S. secrets

Former U.S. President Donald Trump finds himself on an unenviable, historic precipice, facing an unprecedented 37-count indictment issued by American prosecutors. Trump stands accused of perilously mishandling and improperly storing classified documents, causing national security concerns. This landmark move illuminates the stark potential vulnerabilities within the nation’s most sensitive security secrets. The scope and severity ... Read more
READ MORE »
cryptocompare

Ethereum’s Vitalik Buterin, Polygon’s Sandeep Nailwal Donate $100 Million To COVID-19 Research

Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India. With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical. How The Donation Will Be Used To Support COVID-19 Research The donations from Buterin and Nailwal are some of the largest philanthropic contributions ever made in crypto. Buterin made the announcement in a Twitter thread and according to the thread, the fund will be donated to Crypto Relief, with the funds going directly to researchers working on solutions to combat the long-term effects of coronavirus. Related Reading: Terra Classic (LUNC) Analysis: Is The $0.00012 Target Within Reach? Crypto Relief is a project led by set up by Nailwal during the height of the COVID pandemic as an emergency relief fund. The polygon co-founder said the non-profit organization is now upgrading into a long-term strategic fund for healthcare donations in India. Buterin also confirmed this change of approach in his Twitter post, noting that dealing with Covid and future pandemics needs to take an integrated global approach. “Work in India continues to be a key part of the solution, but we also need an integrated global approach,” the co-founder said. The money will go to fund research projects related to cutting-edge scientific discoveries & inventions in India and other developing nations. Overall, it’s a win for science, a win for global health, and a win for humanity. ETH price falls to the $1,700 level | Source: ETHUSD on TradingView.com Past Donations Of Vitalik Buterin To COVID Relief Vitalik Buterin has a history of donating to important causes like COVID-19 relief, with him donating cryptocurrencies worth $1.5 billion to several non-profit organizations in 2021. During this period, Buterin donated over $1 billion worth of Shiba Inu coin to aid India’s fight against the coronavirus. Related Reading: Optimism Bedrock Upgrade: Transaction Fee Savings Hit $150,000 And Counting Buterin made the donation by offloading 50 trillion SHIB tokens worth $1.2 billion, which he was gifted by the creators of the Shiba Inu coin. With India being one of the most badly affected countries during the pandemic, the fund helped provide medical equipment and supplies as the country battled a deadly second wave of COVID-19 infections. Outside of the pandemic, Buterin has donated millions of dollars in crypto to various charities and causes. Last year, he quietly donated $5 million to Ukraine relief efforts following the Russian invasion. Featured image from Coingape, chart from TradingView.com
READ MORE »
cryptocompare

Shytoshi Kusama Compares Shiba Inu (SHIB) Woofpaper to Vitalik Buterin Solutions for Ethereum

Shytoshi Kusama, a Shiba Inu lead Developer, recently took to his verified Twitter account to make a joke about the Woofpaper v2, comparing and contrasting its details with Buterin’s article, an article released initially by the Ethereum (ETH) founder, Vitalik Buterin. Notably, Buterin’s article contained three proposed solutions to some of Ethereum’s blockchain problems. Read The post Shytoshi Kusama Compares Shiba Inu (SHIB) Woofpaper to Vitalik Buterin Solutions for Ethereum appeared first on Times Tabloid .
READ MORE »
cointelegraph

Nigeria regulator halts Binance operations: Report

According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.

READ MORE »
cointelegraph

EU needs further efforts to implement crypto regulations: Btc. x CEO

The CEO of Btc. x mentioned the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic.

READ MORE »
cointelegraph

How to land your ideal IT job with Google search operators

Explore Google operators to refine your search and uncover hidden opportunities to land your dream IT job.

READ MORE »
cointelegraph

Why is the crypto market down today?

The crypto market is down today after Robinhood announced delisting of "unregistered securities" tokens from its platform.

READ MORE »
cointelegraph

Bitcoin price avoids 3-month lows as crypto dive liquidates $390M

Bitcoin and altcoins feel the pressure of the week's regulatory bombshells, with BTC price action steadying below the key 200-week moving average.

READ MORE »
cointelegraph

OpenAI CEO highlights South Korean chips sector for AI growth, investment

Sam Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue.

READ MORE »
cointelegraph

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.

READ MORE »
cointelegraph

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

The CFTC emphasized that “critically, in a precedent-setting decision, the court held that the Ooki DAO is a ‘person’ under the Commodity Exchange Act.”

READ MORE »
cointelegraph

Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts

The scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the chief technology officer of OpenAI and even crypto hater Peter Schiff.

READ MORE »
cointelegraph

SEC charges against Binance and Coinbase are terrible for DeFi

The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance.

READ MORE »
cointelegraph

Robinhood will end support for 3 tokens named in SEC lawsuits

The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens.

READ MORE »
cointelegraph

Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up

Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm, and how regulators target AI-generated fake news.

READ MORE »
cointelegraph

US Justice Department charges two men in Mt. Gox hack

The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.

READ MORE »
cointelegraph

Real-world asset protocols outperform DeFi blue chips due to tokenization wave

Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips.

READ MORE »
cointelegraph

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

The top 100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again.

READ MORE »
cointelegraph

Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?

READ MORE »
cointelegraph

SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’

The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.

READ MORE »
cointelegraph

De-dollarization: Is it really happening?

In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications.

READ MORE »
cointelegraph

US court rejects Fed’s motion to dismiss Custodia Bank case

Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.

READ MORE »
cointelegraph

Bitcoin, Ethereum to shake off ‘toothless adversary’ SEC as FOMC looms

BTC and ETH price action will continue to be affected by macro events, QCP Capital says, with next week looking “action packed” for crypto volatility.

READ MORE »
cointelegraph

Crypto.com suspends US institutional exchange service

The global cryptocurrency exchange cites limited demand for institutional-grade services under current market conditions.

READ MORE »
cointelegraph

Why is Bitcoin price stuck?

Bitcoin is a volatile asset, but BTC price can stay flat for days, weeks and even months for various reasons.

READ MORE »
cointelegraph

Kevin O’Leary won't rule out criminal charges for Binance

In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.

READ MORE »
cointelegraph

How to use credit cards wisely to avoid debt

Discover effective strategies and best practices to use credit cards wisely and avoid debt.

READ MORE »
cointelegraph

Binance VP of marketing: Crypto needs to ‘double down’ on community support

Rachel Conlan, the new VP of marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.

READ MORE »
cointelegraph

The shift from centralized exchanges to DEXs

The growth of DeFi has happened in spite of the CEXs' stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products.

READ MORE »
cointelegraph

US House committee releases new stablecoin bill draft

The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.

READ MORE »