Cryptocurrency news

• Change to US accounting rules will be a boon to companies holding crypto in 2025

  06-09-2023 23:51 via cointelegraph.com
  
  The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.
  
  Read more

• Top 5 Misconceptions Of The Cryptocurrency Space – The VR Soldier - The VR Soldier

  06-09-2023 23:48
  
  Top 5 Misconceptions Of The Cryptocurrency Space – The VR Soldier  The VR Soldier
  
  Read more

• Cboe's BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs

  06-09-2023 23:33
  
  Cboe's BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S.
  
  Read more

• Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF

  06-09-2023 23:19 via cointelegraph.com
  
  The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs.
  
  Read more

• Advertisement

• Bitcoin Little-Changed at $25.7K After Newsy and Volatile Session

  06-09-2023 23:18
  
  Broader crypto markets were modestly lower late on Wednesday.
  
  Read more

• Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets

  06-09-2023 23:05
  
  EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022.
  
  Read more

• Genesis sues parent company DCG, other affiliate for $600M loans, then stays action

  06-09-2023 23:03 via cointelegraph.com
  
  DCG borrowed $500,000 from its subsidiary last year, and DCG Investments borrowed over 18,000 BTC. Both have allegedly defaulted.
  
  Read more

• Genesis sues parent company DCG, other affiliate for $600M in overdue loans

  06-09-2023 23:03 via cointelegraph.com
  
  DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted.
  
  Read more

• Advertisement

• VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest

  06-09-2023 23:00 via cointelegraph.com
  
  Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain.
  
  Read more

• Sam Bankman-Fried’s Motion for Pretrial Release Goes Before 3-Judge Panel

  06-09-2023 22:53
  
  Former FTX CEO Sam Bankman-Fried is trying to win back his freedom – at least temporarily.
  
  Read more

• Grayscale Bitcoin Trust's alleged wallet addresses released by Arkham

  06-09-2023 22:46 via cointelegraph.com
  
  The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity.
  
  Read more

• Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

  06-09-2023 22:31 via cointelegraph.com
  
  Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors.
  
  Read more

• Analyst: Blackrock’s Bitcoin Spot ETF May Unleash $30 Trillion From US Advisors

  06-09-2023 22:30 via newsbtc.com
  
  The possibility of a Bitcoin spot Exchange Traded Fund (ETF) launching in the US, which has gained much attention over the past months, has again made headlines due to Bloomberg ETF analyst Eric Balchunas’s recent suggestions.
  According to the analyst, should the US Securities and Exchange Commission (SEC) approve BlackRock’s Bitcoin spot ETF, a vast pool of $30 trillion capital overseen by US financial advisors could be directed toward Bitcoin investments.
  Notably, Balchun
  
  Read more

• OpenAI and Microsoft accused of stealing data to train ChatGPT in new class action suit

  06-09-2023 22:13 via cointelegraph.com
  
  The lawsuit alleges that OpenAI’s profits came as a result of using illegally scraped data to train its models.
  
  Read more

• Cathie Wood's ARK Invest Files for First Spot Ether ETF

  06-09-2023 22:08
  
  The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
  
  Read more

• New Cryptocurrency Releases, Listings & Presales Today - Zyrri ... - Inside Bitcoins

  06-09-2023 21:56
  
  New Cryptocurrency Releases, Listings & Presales Today - Zyrri ...  Inside Bitcoins
  
  Read more

• Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail

  06-09-2023 21:43 via cointelegraph.com
  
  The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York.
  
  Read more

• Over $41M stolen from Stake.com in cryptocurrency heist - SC Media

  06-09-2023 21:21
  
  Over $41M stolen from Stake.com in cryptocurrency heist  SC Media
  
  Read more

• Riot Platforms says Texas energy strategy reduced production costs by $31M

  06-09-2023 21:15 via cointelegraph.com
  
  As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs.
  
  Read more

• Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter

  06-09-2023 21:00 via cointelegraph.com
  
  Soccer star Cristiano Ronaldo took a lie detector test to celebrate the launch of his latest NFT collection in July.
  
  Read more

• Make or Break Season? Crypto Analyst Predicts A Fall To $1,200 If Ethereum Stays Beneath This Level

  06-09-2023 21:00 via newsbtc.com
  
  Like most altcoins, Ethereum (ETH) has seen its price succumb to the negative market sentiment in recent weeks. This unfavorable market condition has consistently caused the second-largest cryptocurrency to trade beneath the $1,700 level.
  Could Ethereum Price Fall To $1,200?
  In an X post dated Wednesday, September 6, crypto analyst Ali Martinez offered insight on the price of Ethereum. The analyst shared that the value of ETH faces a potential significant correction to $1,200 if it stays below $
  
  Read more

• Binance creates smart contract to refund users affected by $3M rug pull

  06-09-2023 21:00 via cointelegraph.com
  
  After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets.
  
  Read more

• Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs

  06-09-2023 20:54
  
  Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday.
  
  Read more

• Is Cryptocurrency a Threat to Traditional Monetary Systems? - tastylive

  06-09-2023 20:45
  
  Is Cryptocurrency a Threat to Traditional Monetary Systems?  tastylive
  
  Read more

• FASB Says Crypto Assets Should Be Marked at Current Values

  06-09-2023 20:40
  
  The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).
  
  Read more

• Cathy Wood's ARK Invest Files for First Spot Ether ETF

  06-09-2023 20:32
  
  The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
  
  Read more

• Financial privacy and regulation can co-exist with ZK-proofs — Vitalik Buterin

  06-09-2023 20:30 via cointelegraph.com
  
  A new paper co-authored by Ethereum's Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy.
  
  Read more

• Tornado Cash co-founder pleads not guilty to all charges: Report

  06-09-2023 20:29 via cointelegraph.com
  
  Roman Storm, facing charges related to his role in helping create crypto mixer Tornado Cash, has been free on bail following his arrest by U.S. authorities in August.
  
  Read more

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

  06-09-2023 20:02 via cointelegraph.com
  
  Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term.
  
  Read more

• The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted

  06-09-2023 20:01
  
  What is a blockchain “sequencer?” Here’s why you need to know
  
  Read more

• HashKey signs MOU for crypto exchange insurance

  06-09-2023 20:00 via cointelegraph.com
  
  The policy would potentially cover both the exchange's hot wallets and cold storage addresses.
  
  Read more

• Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted

  06-09-2023 19:35
  
  What is a blockchain “sequencer?” Here’s why you need to know
  
  Read more

• Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?

  06-09-2023 19:33
  
  After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner.
  
  Read more

• PERP Spikes 90%, Perpetual Protocol Foundation Sends Tokens To Binance: Is This Good

  06-09-2023 19:31 via newsbtc.com
  
  PERP, the native token of Perpetual Protocol, is one of the top-performing assets, looking at price action in the past 48 hours. As of September 6, the token is changing hands at $0.78, adding roughly 90% from August 2023 highs. 
  Amid this stellar performance, reports reveal that the Perpetual Protocol Foundation has transferred 903,000 PERP worth approximately $691,000 to Binance, the world’s largest cryptocurrency exchange by trading volumes and client count.PERP Ripp
  
  Read more

• Base's 'Onchain Summer' saw over 700K NFTs minted from 268K users in August

  06-09-2023 19:30 via cointelegraph.com
  
  The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August.
  
  Read more

• Bitcoin Cash, Stacks, Neo, Solana, Stellar prices retreat as the DXY jumps

  06-09-2023 19:17 via coinjournal.net
  
  Bitcoin and other altcoins continued falling on Wednesday.
  The US dollar index continued rallying as crude oil price jumped.
  There are signs that the Fed will continue hiking rates.
  Bitcoin Cash, Stacks, Neo, Solana, and Stellar lumens price drifted downwards as a sense of fear engulfed the financial market. Most of these coins dropped by more than 3% on Wednesday as demand remained significantly low.
  The main catalyst for the sell-off was the recent trends in the energy market. Brent, the
  
  Read more

• Google updates its crypto advertising policy to allow NFT gaming ads

  06-09-2023 19:13 via coinjournal.net
  
  Google previously disallowed blockchain-based NFT gaming ads.
  The development is likely linked to the NFT and Blockchain gaming boom.
  Gambling NFT games will be required to comply with the gambling and games policy and receive the appropriate Google Ads certification.Google has revised its cryptocurrency advertising policy to permit blockchain-based NFT gaming ads as long as they don’t advocate gambling or gambling services.
  Under the new regulation, advertisements for games that allow pl
  
  Read more

• US Senate confirms Philip Jefferson as Federal Reserve vice chair

  06-09-2023 18:57 via cointelegraph.com
  
  Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036.
  
  Read more

• Discover in Just 8 Minutes How Cryptocurrency Can Make You a ... - Digital Journal

  06-09-2023 18:47
  
  Discover in Just 8 Minutes How Cryptocurrency Can Make You a ...  Digital Journal
  
  Read more

• Celsius (CEL) price remains strong even as ex-CEO assets get frozen

  06-09-2023 18:44 via coinjournal.net
  
  At the time of writing, Celsius was trading at $0.1439, up 13.87% in a day.
  The former Celsius CEO, Alex Mashinsk, was arrested on July 13 this year.
  Alex Mashinsk is facing criminal and civil charges for his involvement in the now-defunct platform.Celsius (CEL) price is rising despite negative news about its former CEO, Alex Mashinsk, who was arrested on July 13, 2023. The Celsius founder’s bail was set at $40 million shortly after his arrest.
  Alex Mashinsk is being investigated for his
  
  Read more

• Ben McKenzie Really Doesn't Want You to Invest in Crypto - Men's Health

  06-09-2023 18:38
  
  Ben McKenzie Really Doesn't Want You to Invest in Crypto  Men's Health
  
  Read more

• Rockland Resident Accused In $1.5 Million Cryptocurrency Scam - Patch

  06-09-2023 18:36
  Rockland Resident Accused In $1.5 Million Cryptocurrency Scam  Patch
  
  Read more

• Ethereum's Vitalik Buterin Argues for Blockchain 'Privacy Pools' to Weed Out Criminals

  06-09-2023 18:26
  
  The paper argues for “privacy pools,” a blockchain tech feature that would enhance the privacy of user’s transactions while also distinguishing criminal activity from innocent funds.
  
  Read more

• Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

  06-09-2023 18:24
  
  Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.
  
  Read more

• BBB: What to know about 'Pig Butchering' cryptocurrency scheme - WATN - Local 24

  06-09-2023 18:24
  
  BBB: What to know about 'Pig Butchering' cryptocurrency scheme  WATN - Local 24
  
  Read more

• Google will allow ads for NFT games starting September 15

  06-09-2023 18:07 via cointelegraph.com
  
  The new updates to the cryptocurrency ads policy allows for NFT gaming ads provided the games and ads don’t promote gambling.
  
  Read more

• Google will allow ads for NFT games starting Sept. 15

  06-09-2023 18:07 via cointelegraph.com
  
  The new updates to the cryptocurrency ads policy allow for NFT gaming ads, provided the games and ads don’t promote gambling.
  
  Read more

• New cryptocurrency project Bitcoin BSC launches presale of native ... - Cointelegraph

  06-09-2023 18:02
  
  New cryptocurrency project Bitcoin BSC launches presale of native ...  Cointelegraph
  
  Read more

• Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

  06-09-2023 18:00
  
  The fundraise comes as interoperability protocols have attracted investors, despite the bear market.
  
  Read more

• Bitcoin MVRV At Critical Support Line, Will Retest Be Successful?

  06-09-2023 18:00 via newsbtc.com
  On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset.
  Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level
  As an analyst in a CryptoQuant Quicktake post explained, the 1.2 level of the MVRV ratio has historically been a support line for the cryptocurrency. The “MVRV ratio” is an indicator that measures the ratio between the Bitcoin market cap and the realized cap.
  The “realized cap” here refers to
  
  Read more

Follow @CryptoNewslock on Twitter!