Cryptocurrency News
- Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
by Shaurya Malwa on September 25, 2023 at 9:02 amTerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.
- US gov’t shutdown looms — 5 things to know in Bitcoin this week
by William Suberg on September 25, 2023 at 8:21 amBitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly “death cross?” Bitcoin (BTC) starts the last week of September with a […]
- Mixin Network hack drains $200M from mainnet assets
by Arijit Sarkar on September 25, 2023 at 8:05 amMixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.” Decentralized peer-to-peer network Mixin […]
- Vitalik wallet sends 400 ETH worth $600K to Coinbase
by Gareth Jenkinson on September 25, 2023 at 7:47 amA wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase. Blockchain sleuths have flagged several Ether (ETH) […]
- Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors
by Shaurya Malwa on September 25, 2023 at 7:40 amWhile bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.
- Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009
by Omkar Godbole on September 25, 2023 at 6:39 amRelative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
- Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
by Sam Reynolds on September 25, 2023 at 6:33 amSecurities and Futures Commission says decision was made in light of public demand
- Chainlink downplays worries after users notice quiet change to multisig
by Tom Mitchelhill on September 25, 2023 at 6:01 amChainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet. Decentralized oracle network […]
- Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline
by Shaurya Malwa on September 25, 2023 at 6:00 amUsers had nearly six months to claim the tokens after an airdrop in March.
- North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals
by Martin Young on September 25, 2023 at 5:35 amThe North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, BNB and various stablecoins, including Binance USD. North Korean hacking […]
- What happened in crypto this weekend?
by Brayden Lindrea on September 25, 2023 at 5:08 amOpenSea flags possible security breach, board member at Celsius' NewCo steps down, Venezuelan authorities find Bitcoin miners during police raid and more. Opensea warns API users […]
- Mixin Network Losses Nearly $200M in Hack
by Sam Reynolds on September 25, 2023 at 4:24 amMixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.
- Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal
by Tom Mitchelhill on September 25, 2023 at 4:18 amIn the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. One of Hong […]
- Counterfeit Aptos Token Deposited on Upbit Leads to APT Withdrawals Being Temporarily Suspended
by Sam Reynolds on September 25, 2023 at 4:05 amExchange has resumed operations, but many are left wondering how such an issue will be prevented.
- JPEX scandal masterminds still at large as 11 suspects taken into custody: Report
by Tom Mitchelhill on September 25, 2023 at 2:42 amHong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down. The masterminds behind Hong […]
- Crypto exchange Upbit stems fake APT token flood, resumes services
by Brayden Lindrea on September 25, 2023 at 2:19 amThe newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, which was mistakenly recognized by crypto exchange Upbit as the real deal. […]
- From walls to wallets: Barcelona graffiti artists share their love for Bitcoin
by Brayden Lindrea on September 24, 2023 at 11:12 pmNine months after launching, the Street Cy₿er artist collective has over 100 street artists, musicians and Bitcoin enthusiasts involved. From skate parks and construction sites […]
- Pay-to-use blockchains will never achieve mass adoption
by Jon Rice on September 24, 2023 at 8:05 pmBlockchain projects should learn from Google and Facebook by monetizing users without directly asking for their money. Pay-to-use blockchains are done.Not for us, of course — […]
- Crypto traders shift focus to 4 altcoins as Bitcoin price flatlines
by Rakesh Upadhyay on September 24, 2023 at 4:37 pmBitcoin’s tight-range trading points to a potential range expansion that could trigger a trending move in LINK, MKR, ARB and THETA. Bitcoin (BTC) has been trading in a tight […]
- Miss Universe denies link with recently unveiled coin project
by Ezra Reguerra on September 24, 2023 at 11:44 amThe Miss Universe Organization said no Miss Universe cryptocurrency or blockchain offering is involved with the Miss Universe or Miss Universe Philippines. The Miss Universe […]
- How to buy Bitcoin in Dubai
by Marcel Deer on September 24, 2023 at 9:34 amExperience zero tax on crypto trades — find out how to buy Bitcoin in Dubai. Dubai is a magnificent city to live and work in. But how can someone buy Bitcoin in Dubai? Is it […]
- BTC price tracks $26.5K as Bitcoin speculator supply hits 12-year low
by William Suberg on September 24, 2023 at 9:30 amBTC price action stays firmly within an established range, while analysis shows that overall Bitcoin investor composition is changing. Bitcoin (BTC) stuck to $26,500 into the […]
- Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing
by Ezra Reguerra on September 24, 2023 at 8:50 amThevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October. The […]
- Terra Classic community elects to cease USTC minting
by Ciaran Lyons on September 24, 2023 at 6:28 amThe community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg. The Terra Classic community has […]
- FTX’s former external legal team disputes involvement in fraud allegations
by Ciaran Lyons on September 24, 2023 at 4:24 amIn a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of assisting Sam Bankman-Fried in his alleged unlawful activities. […]
- Coinbase secures AML registration from the Bank of Spain
by Ciaran Lyons on September 24, 2023 at 12:58 amThe Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to retail and institutional investors in Spain. Cryptocurrency exchange […]
- Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23
by Editorial Staff on September 23, 2023 at 8:24 pmBinance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network. Top Stories This WeekSEC sees temporary setback […]
- What are Bollinger Bands, and how to use them in crypto trading?
by Dilip Kumar Patairya on September 23, 2023 at 12:35 pmBollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band. A technical analysis tool called Bollinger Bands […]
- Coinbase holds 5% of all Bitcoin in existence: Data
by Ezra Reguerra on September 23, 2023 at 11:15 amWhile Coinbase holds $25 billion in BTC, the exchange only owns around $200 million of Bitcoin in its wallets. Blockchain intelligence platform Arkham recently identified that […]
- Coinbase CEO warns against AI regulation, calls for decentralization
by Ezra Reguerra on September 23, 2023 at 7:50 amCoinbase CEO Brian Armstrong said decentralization and open-sourcing AI is a better alternative to regulating the space. Brian Armstrong, the CEO of crypto exchange Coinbase, […]
- Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
by Ray Salmond on September 23, 2023 at 7:46 amBitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy. Bitmain rolled out its […]
- DeFi activity on the decline, but investment rolls in: Finance Redefined
by Prashant Jha on September 23, 2023 at 7:20 amThe total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data. Welcome to Finance Redefined, your weekly dose […]
- Nifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and more
by Brian Quarmby on September 23, 2023 at 6:30 amTakashi Murakami said he might step back from NFTs but stay involved differently, Krapoplis is set to debut on Fox this month, and an NFT artist won a multimillion-dollar contract dispute. […]
- Base surges past Solana as total value locked nears $400M
by Brian Quarmby on September 23, 2023 at 2:26 amAs per DefiLlama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million. The total value […]
- How are crypto firms responding to US regulators’ enforcement actions?
by Turner Wright on September 22, 2023 at 10:00 pmPrometheum was purportedly “purpose-built to comply with federal securities laws” and avoided lawsuits from the SEC, unlike firms like Binance and Coinbase. United States […]
- Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
by Ana Paula Pereira on September 22, 2023 at 9:00 pmThis week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. The venture capital […]
- Here’s what happened in crypto today
by Serge Egon Ostman on September 22, 2023 at 8:39 pmNeed 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. Hong […]
- Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
by Elizabeth Napolitano on September 22, 2023 at 8:24 pm- Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?
by Krisztian Sandor on September 22, 2023 at 7:30 pmThe 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
- Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test
by Daniel Kuhn on September 22, 2023 at 7:19 pm- Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
by Krisztian Sandor on September 22, 2023 at 5:13 pmETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.
- Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
by Bradley Keoun on September 22, 2023 at 4:42 pmGoogle’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.
- AI Should Be Decentralized, but How?
by Jesus Rodriguez on September 22, 2023 at 3:01 pmThe case for greater transparency and verifiability in AI. But is decentralization the best way to achieve that and is feasible in practice? Jesus Rodriquez says the technical challenges are […]
- Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’
by Ian Allison on September 22, 2023 at 2:00 pmDuring the last year of beta testing, the crypto and NFT-focused game’s community has grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter).
- CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
by Jack Schickler on September 22, 2023 at 1:11 pmRegulators said the plans weren't in the public interest, after a court squabble involving rival service PredictIt
- European Crypto Asset Manager CoinShares to Enter U.S. Hedge Fund Fray
by Jamie Crawley on September 22, 2023 at 12:18 pmCEO Jean-Marie Mognetti described the move as "a natural progression", given the "changing macro environment prominently marked by interest rates and inflation."
- First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains
by Lyllah Ledesma, Omkar Godbole on September 22, 2023 at 12:13 pmThe latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- Sam Bankman-Fried Sort of Had a Rough Day
by Nikhilesh De on September 22, 2023 at 12:00 pmYesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications […]
- Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull
by Omkar Godbole on September 22, 2023 at 11:40 amDOGE's new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.
- Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing
by Shaurya Malwa on September 22, 2023 at 8:37 amA token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.
- FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
by Amitoj Singh on September 22, 2023 at 8:00 amThe bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million.
- Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
by Oliver Knight on September 22, 2023 at 7:42 amBitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press […]
- Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says
by Will Canny on September 22, 2023 at 7:28 amDaily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said.
- Japanese Exchange GMO to Offer XRP Users Yen for Delayed Songbird Airdrop
by Shaurya Malwa on September 22, 2023 at 7:13 amThe handouts are part of a token airdrop whose snapshot took place in 2020.
- Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit
by Nikhilesh De on September 22, 2023 at 12:42 amBinance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related […]
- Vote if You Want, but Remember 'Cypherpunks Write Code'
by Daniel Kuhn on September 21, 2023 at 10:20 pm- Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial
by Nick Baker, Nikhilesh De on September 21, 2023 at 9:37 pmAn appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
- A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists
by Danny Nelson on September 21, 2023 at 9:22 pmIt wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just […]
- Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
by Krisztian Sandor on September 21, 2023 at 9:01 pmBTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.
- Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
by Nikhilesh De on September 21, 2023 at 7:56 pmJudge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next […]
Source: Cointelegraph, CoinDesk