Cryptocurrency news

• Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

  12-09-2023 23:45 via cointelegraph.com
  
  The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
  
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• Sam Bankman-Fried's temporary release request denied as trial date looms

  12-09-2023 23:34 via cointelegraph.com
  
  Lack of internet access wasn't a insufficient ground to grant Sam Bankman-Fried's temporary release according to District Judge Lewis Kaplan.
  
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• Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say

  12-09-2023 23:34
  
  Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets.
  
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• Bankman-Fried's request for temporary release denied amid upcoming trial

  12-09-2023 23:34 via cointelegraph.com
  
  Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan.
  
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• Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial

  12-09-2023 23:31
  
  A federal judge refused Sam Bankman-Fried's bid to be released from jail ahead of trial on Tuesday.
  
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• Exploring Cryptocurrency Networks - Startup.info

  12-09-2023 23:12
  
  Exploring Cryptocurrency Networks  Startup.info
  
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• Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why

  12-09-2023 23:00 via newsbtc.com
  
  In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars. 
  Justin Sun Considers Making A Bid For FTX Crypto Assets
  Justin Sun, Creator of Tron, one of the world’s largest blockchain ecosystems, has hinted at the possibility of acquiring the assets of insolvent crypto exchange FTX. This statement comes a year after the crypto billionaire was contempla
  
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• U.S. Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial

  12-09-2023 22:58
  
  A federal judge refused Sam Bankman-Fried's bid to be released from jail ahead of trial on Tuesday.
  
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• Bitcoin derivatives data suggests BTC price holds the current range

  12-09-2023 22:47 via cointelegraph.com
  
  BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction.
  
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• Gary Gensler confirms SEC’s use of AI for financial surveillance

  12-09-2023 22:00 via cointelegraph.com
  
  The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.
  
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• Arbitrum Price Sinks To A New All-Time Low – What Is Behind This Decline?

  12-09-2023 22:00 via newsbtc.com
  
  Arbitrum has managed to maintain its place amongst the top names in decentralized finance (DeFi) despite the unfavorable conditions gripping the space in 2023. However, the price of ARB (the network’s native token), met with a euphoric welcome in March, has been struggling.
  The Arbitrum token’s price tumbled to a new historical low of $0.747217 on Monday, the 11th of September, with its honeymoon phase seemingly over. The token’s value dipped by more than 12% in the past week,
  
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• OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering

  12-09-2023 21:34 via cointelegraph.com
  
  Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme.
  
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• Proposed Regulations From the IRS Outline Reporting ... - JD Supra

  12-09-2023 21:06
  
  Proposed Regulations From the IRS Outline Reporting ...  JD Supra
  
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• Bitcoin Price Imminent Crash Into The $23,000 Level, These Are The Bearish Catalysts

  12-09-2023 21:00 via newsbtc.com
  
  The Bitcoin price has been moving sideways over the past few weeks, although it saw a volatility spike in the last 24 hours. However, the cryptocurrency remains stuck as sentiment turns negative, and more and more traders expect another re-test of critical support.
  As of this writing, Bitcoin (BTC) trades at $26,200 with a 3% profit in 24 hours. The cryptocurrency recorded a 2% profit the previous week and was the best performer in the crypto top 10 by market capitalization.Why Is The Bitcoin Pr
  
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• 9 Best Cryptocurrency To Buy Now - Where Is Smart Money Moving ... - Finbold - Finance in Bold

  12-09-2023 20:32
  
  9 Best Cryptocurrency To Buy Now - Where Is Smart Money Moving ...  Finbold - Finance in Bold
  
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• Petition hopes to stop US government agencies from using Chainalysis’ forensics

  12-09-2023 20:20 via cointelegraph.com
  
  According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations.
  
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• World's First Anti-Scam Cryptocurrency Operating on Protocol BBC ... - GlobeNewswire

  12-09-2023 20:00
  World's First Anti-Scam Cryptocurrency Operating on Protocol BBC ...  GlobeNewswire
  
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• NYU law professors argue ‘personal growth bets’ using smart contracts should be legal

  12-09-2023 20:00 via cointelegraph.com
  
  The duo’s paper says self-contracts can help you quit smoking or lose weight, but incentives such as putting a bomb in your skull would surely test the limits of the law.
  
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• Analyst Points Out Why End Of 2023 Will Not Be Great For XRP Price

  12-09-2023 20:00 via newsbtc.com
  
  The XRP price enjoyed a significant rise following Judge Analisa Torres’s ruling in favor of Ripple against the US Securities and Exchange Commission (SEC). However, a crypto analyst has explained why the token is unlikely to enjoy such a similar trajectory till the year runs out.
  XRP Price To End 2023 On A Low
  In a tweet shared on his X (formerly Twitter) platform, Jungle, a prominent figure in the XRP community, stated that he doesn’t “believe the end of 2023 will be great fo
  
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• Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

  12-09-2023 19:25
  
  While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters.
  
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• Crypto Price Whipsaw Triggers $256M in Liquidation Losses

  12-09-2023 19:19
  
  This week’s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows.
  
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• Bitcoin data highlights 3 key reasons why investors don’t care about BTC price

  12-09-2023 19:16 via cointelegraph.com
  
  Bitcoin price is down, but three key metrics used by smart money traders continue to flash bullish signals.
  
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• The Chainalysis 2023 Geography of Cryptocurrency Report - Chainalysis

  12-09-2023 19:12
  
  The Chainalysis 2023 Geography of Cryptocurrency Report  Chainalysis
  
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• Stake’s Hacker Moves $328,000 Worth Of Crypto From Stolen Funds

  12-09-2023 19:00 via newsbtc.com
  
  Transferred Funds By Hackers Are Estimated At $4.8 Million
  On September 11, the hacker first transferred 520,000 MATIC tokens, worth over $266,000, which were bridged to the Avalanche blockchain. Some hours later, 300 BNB tokens valued at approximately $61,500 were sent to an externally owned address labeled “0x695…”. 
  Before these recent transfers, the hacker had bridged $4.5 million to different Bitcoin blockchain addresses. This was reported by the blockchain security
  
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• Namesake of Ethereum's 'Danksharding' Says 'Data Availability' Too Confusing a Term

  12-09-2023 18:52
  
  The Ethereum Foundation's Dankrad Feist says he thinks a lot of people are stumped by the term "data availability," even as the concept gains momentum in blockchain tech circles.
  
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• Southern District Of New York Dismisses Claims Against ... - JD Supra

  12-09-2023 18:40
  
  Southern District Of New York Dismisses Claims Against ...  JD Supra
  
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• CoinEx exchange suspected of being hacked as $27M worth of crypto moved

  12-09-2023 18:33 via cointelegraph.com
  
  A CoinEx hot wallet transferred $27.8 million of various tokens to a wallet with no previous history, leading experts to suspect a cyberattack.
  
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• CoinEx exchange drained of $27M worth of crypto in suspected hack

  12-09-2023 18:33 via cointelegraph.com
  
  A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals."
  
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• Co-Founder Of Multibillion-Dollar Cryptocurrency Scheme “OneCoin ... - Department of Justice

  12-09-2023 18:25
  
  Co-Founder Of Multibillion-Dollar Cryptocurrency Scheme “OneCoin ...  Department of Justice
  
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• Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs

  12-09-2023 18:23
  
  Coinbase, best-known for being one of the largest crypto exchanges for retail customers, continued its expansion into the professional space with the introduction Tuesday of a Web3 wallet designed to help institutions get into NFTs and other corners of decentralized finance, or DeFi.
  
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• Decentralized Cryptocurrency Exchanges Are Awash in Fake Trades - Markets Insider

  12-09-2023 18:10
  
  Decentralized Cryptocurrency Exchanges Are Awash in Fake Trades  Markets Insider
  
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• BREAKING: Crypto Exchange CoinEX Reportedly Hit By Massive Hack, Losses Exceed $27 Million

  12-09-2023 18:09 via newsbtc.com
  
  In a concerning development, popular crypto exchange CoinEx is believed to have fallen victim to a suspected hack, resulting in significant losses from its Ethereum (ETH), TRON (TRX), and Polygon (MATIC) hot wallets. The incident, which unfolded on Tuesday, has sparked an ongoing investigation into the security breach.Alarming Depletion Of CoinEx ETH Reserves
  According to reports by Colin Wu, a prominent cryptocurrency journalist, CoinEx reportedly lost a staggering 4,946 ETH and 354,762 TR
  
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• The Role Of Cryptocurrency in Virtual Worlds - TechRound

  12-09-2023 18:05
  
  The Role Of Cryptocurrency in Virtual Worlds  TechRound
  
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• MetaMask Snaps to let users interact with Solana DApps through Solflare

  12-09-2023 18:00 via cointelegraph.com
  
  Solflare co-founder Filip Dragoslavic said that the integration removes the “friction” that prevented potential users from entering the Solana ecosystem.
  
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• Bitcoin Forming Death Cross: Here’s What Happened Last Time

  12-09-2023 18:00 via newsbtc.com
  
  Bitcoin appears to be in the process of forming a death cross currently. Here’s what happened to the asset the last time this pattern emerged.
  Bitcoin 50-Day MA Is Moving Below The 200-Day MA Right Now
  As pointed out by an analyst in a post on X, the 50-day moving average (MA) has been attempting a cross below the 200-day MA recently. A “Moving Average” is an analytical tool that calculates the average of any given quantity over a specific period of time. As its name suggests,
  
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• Franklin Templeton Joins Spot Bitcoin ETF Race

  12-09-2023 17:58
  
  Franklin Templeton has filed with the SEC for a spot bitcoin ETF.
  
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• Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says

  12-09-2023 17:55
  
  In a break with historical norms, the exchange’s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.
  
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• Ripple is staring down an opportunity to fix its closed system

  12-09-2023 17:21 via cointelegraph.com
  
  Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.
  
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• Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources

  12-09-2023 17:07
  
  Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
  
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• Crypto Analyst Predicts Where Bitcoin Price Will Be By End Of Year

  12-09-2023 17:00 via newsbtc.com
  
  A crypto analyst has presented their forecast for where they believe the Bitcoin price will be by the end of 2023. However, the end-of-year (EOY) price prediction is not the only interesting thing that the analyst talks about, with short-term expectations also included.
  Hoops To Jump Through For Bitcoin Price
  Pseudonymous crypto analyst Titan of Crypto took to X (formerly Twitter) to share their latest prediction for the Bitcoin price. This analysis uses the Ichimoku point of view to analyze a T
  
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• Franklin Templeton files for spot Bitcoin ETF

  12-09-2023 16:34 via cointelegraph.com
  
  Several prominent financial institutions have filed for spot Bitcoin products in recent months.
  
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• Franklin Templeton files for Bitcoin spot ETF

  12-09-2023 16:34 via cointelegraph.com
  
  Several prominent financial institutions have filed for a spot Bitcoin product in recent months.
  
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• Ethereum Developer Consensys Unveils ‘Snaps’ Add-Ons for MetaMask Wallet

  12-09-2023 16:10
  
  According to a press release, Snaps are “new features and functionality, created by third-party developers, that MetaMask users worldwide can install directly into their wallet."
  
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• India, Nigeria, Thailand top Chainalysis' 2023 Global Crypto Adoption Index

  12-09-2023 16:08 via cointelegraph.com
  
  Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies.
  
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• PayPal enables US users to sell cryptocurrency via MetaMask wallet - Cointelegraph

  12-09-2023 16:03
  
  PayPal enables US users to sell cryptocurrency via MetaMask wallet  Cointelegraph
  
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• Franklin Templeton Joins Bitcoin ETF Race

  12-09-2023 16:03
  
  Franklin Templeton has filed with the SEC for a spot bitcoin ETF.
  
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• PayPal enables US users to sell cryptocurrency via MetaMask wallet

  12-09-2023 16:01 via cointelegraph.com
  
  PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin.
  
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• Chainlink (LINK) Bullish Run Falters: Time To Brace For A Price Dip?

  12-09-2023 16:00 via newsbtc.com
  
  Chainlink (LINK), the cryptocurrency known for its decentralized oracle network, has been facing a challenging period in recent days as it grapples with a persistent bearish trend. Despite some positive developments in the crypto space, LINK’s price has been on a downward trajectory, failing to capitalize on favorable news.
  One notable event that failed to provide the expected boost to LINK’s price was the successful completion of Swift’s experimentation with Chainlink. Swift,
  
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• Bitcoin faces 'ton' of resistance after daily BTC price gains pass 5%

  12-09-2023 15:58 via cointelegraph.com
  
  BTC price strength improves after a trip to three-month lows, but Bitcoin bulls have multiple hurdles to clear.
  
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• Sherrod Brown eyes cryptocurrency curbs as industry touts Ohio ... - cleveland.com

  12-09-2023 15:40
  
  Sherrod Brown eyes cryptocurrency curbs as industry touts Ohio ...  cleveland.com
  
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