Cryptocurrency news

• US Treasury sanctions crypto wallets as authorities crack down on fentanyl

  03-10-2023 23:57 via cointelegraph.com
  
  According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs.
  
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• Latest update — Former FTX founder Sam Bankman-Fried trial [Day 1]

  03-10-2023 23:51 via cointelegraph.com
  
  The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
  
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• Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]

  03-10-2023 23:51 via cointelegraph.com
  
  The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
  
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• No Sam Bankman-Fried Jury Yet; Judge Expects to Cull 50 Prospects Quickly on Wednesday

  03-10-2023 23:50
  
  The FTX founder was never offered a plea deal, Nicholas Roos, one of the federal prosecutors, said.
  
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• Coinbase’s Desire to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

  03-10-2023 23:43
  
  “To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
  
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• Crypto Is on Trial Alongside Sam Bankman-Fried

  03-10-2023 23:29
  
  Is crypto "uniquely" responsible for the rise and fall of FTX?
  
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• Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried - WJMN - UPMatters.com

  03-10-2023 23:18 via news.google.com
  Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried  WJMN - UPMatters.com
  
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• 3 Reasons Why Shiba Inu Price Might See A Massive Surge Over 400%

  03-10-2023 23:00 via newsbtc.com
  
  Just like the rest of the crypto market, the Shiba Inu price saw an uptrend at the start of the week before correcting back downward on Tuesday morning. However, this decline may point to the meme coin gearing up for another rally that could see it rise more than 400% and there are reasons why.
  The Blessings Of October
  One of the first reasons that suggests a massive surge this month is how the asset has performed historically in the month of October. Looking back at previous years, the Shiba In
  
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• Cardano stablecoin project gambled away investors’ money before rug: Report

  03-10-2023 22:59 via cointelegraph.com
  
  Ardana claimed to be creating a stablecoin platform on Cardano, but new evidence suggests it may have lost investors’ money in bad crypto trades.
  
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• FTX execs who pleaded guilty are potential witnesses in Sam Bankman-Fried’s criminal case

  03-10-2023 22:50 via cointelegraph.com
  
  According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang and Nishad Singh among those who may offer testimony.
  
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• FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case

  03-10-2023 22:50 via cointelegraph.com
  
  According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony.
  
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• Ethereum ETFs Face Lackluster Debut From Small Investors: Is The Hype Fizzling Out?

  03-10-2023 22:00 via newsbtc.com
  
  Yesterday’s launch of futures-based Ethereum (ETH) exchange-traded funds (ETFs) delivered underwhelming results, with shallow trading volumes indicating a deficient demand for ETH exposure.
  Furthermore, a recent report by The Wall Street Journal report by The Wall Street Journal, it was revealed that the launch of the first Ethereum exchange-traded funds on Monday generated little interest from small investors. 
  These ETFs provided individual investors access to the second-largest cry
  
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• Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

  03-10-2023 21:44
  
  The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities.
  
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• Bitcoin price drops its early week gains — Here is why

  03-10-2023 21:40 via cointelegraph.com
  
  Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.
  
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• Shiba Inu Investors Beware: 425 Billion Tokens On The Move – Is It A Sell-Out?

  03-10-2023 21:00 via newsbtc.com
  
  Shiba Inu (SHIB) tokens worth a staggering $3.2 million have made their way onto Coinbase, according to recent data on Etherscan. This substantial transaction, involving a jaw-dropping 425 billion SHIB tokens, has raised eyebrows within the cryptocurrency community. 
  The timing of this move couldn’t be more intriguing, as Shiba Inu has been experiencing a rollercoaster ride alongside the broader crypto market.
  Shiba Inu’s recent price action has been nothing short of dramatic. I
  
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• Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi

  03-10-2023 21:00 via cointelegraph.com
  
  The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.
  
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• Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

  03-10-2023 20:58
  
  This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.
  
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• Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown

  03-10-2023 20:45 via cointelegraph.com
  
  Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.
  
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• Here’s how Bitcoin investors can trade amid tension surrounding a US gov’t shutdown

  03-10-2023 20:45 via cointelegraph.com
  
  Rumors of a U.S. government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.
  
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• TV's Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’

  03-10-2023 20:30
  
  O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,” according to Michael Lewis’ new book "Going Infinite."
  
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• Sam Bankman-Fried sues insurance company for defense costs as trial opens

  03-10-2023 20:15 via cointelegraph.com
  
  SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
  
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• Sam Bankman-Fried Trial Kicks Off; Jury Should Be Seated by Wednesday

  03-10-2023 20:12
  
  The FTX founder was never offered a plea deal, Nicholas Roos, one of the federal prosecutors, said.
  
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• Twitter IPO: Dogecoin Takes Center Stage In Elon Musk’s X IPO Rumors

  03-10-2023 20:00 via newsbtc.com
  
  The crypto community is buzzing with excitement as rumors spread about a possible collaboration between the CEO of Pershing Square Capital Management and Elon Musk’s X. Ackman’s desire to potentially work with X has grabbed the attention of investors, raising questions about the possible impact on the cryptocurrency market, specifically on digital coins like Dogecoin. 
  Ackman Signals Willingness To Strike Deal With Musk’s X
  According to reports from The Wall Street Journal
  
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• Bitcoin drives digital asset product inflows for the first time in 6 weeks: Report

  03-10-2023 20:00 via cointelegraph.com
  
  Solana was the only other major asset to show inflows for the week.
  
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• Bitcoin drives digital asset inflows for the first time in 6 weeks: Report

  03-10-2023 20:00 via cointelegraph.com
  
  But Solana was the only other major asset to show inflows for the week.
  
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• Alex Mashinsky's jury trial scheduled for September 2024

  03-10-2023 19:29 via cointelegraph.com
  
  According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings.
  
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• Why Intel Exchanges Raise a Dilemma for Compliance

  03-10-2023 19:26
  
  Arkham’s “DOX-to-Earn” program encouraging users to reveal IRL identities of blockchain users raises the prospect of digital witchhunts with uncertain consequences, says Marina Khaustova, CEO of Crystal.
  
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• Ecosystem developers bring Bitcoin to Cosmos network

  03-10-2023 19:18 via cointelegraph.com
  
  nBTC will be usable across more than 50 app-chains connected to Cosmos IBC.
  
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• TaxReap Launches: Revolutionizing Cryptocurrency Taxation With ... - GlobeNewswire

  03-10-2023 19:00 via news.google.com
  
  TaxReap Launches: Revolutionizing Cryptocurrency Taxation With ...  GlobeNewswire
  
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• Cardano To Shed Its Gains? Profit-Taking Spikes To High Levels

  03-10-2023 19:00 via newsbtc.com
  On-chain data shows the profit-taking among Cardano investors has spiked to high levels, a sign that the asset may register a decline in the coming days.
  Cardano Has Observed High Profit-Taking After The Rally
  According to data from the on-chain analytics firm Santiment, AAVE, ADA, and CRV are among the altcoins that have recently observed the most extreme profit-taking.
  The relevant indicator here is the “ratio of daily on-chain transaction volume in profit to loss,” which, as its n
  
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• What has Sam Bankman-Fried been up to in jail?

  03-10-2023 18:55 via cointelegraph.com
  
  Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August.
  
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• AI is the Key To DeFi Liquidity

  03-10-2023 18:55
  
  Three ways artificial intelligence can improve DeFi’s accessibility, security and compliance, bringing more capital into the industry.
  
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• Canadian Exchange TMX Soon to Start Bitcoin Futures Trading

  03-10-2023 18:52
  
  The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.
  
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• Sam Bankman-Fried Sues His Insurer as Legal Bills Mount

  03-10-2023 18:19
  
  The FTX founder is protesting CNA’s insurance policy as his legal woes cost him serious money.
  
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• As trial begins, Sam Bankman-Fried's lawyers push to exclude testimony from FTX users

  03-10-2023 18:15 via cointelegraph.com
  
  Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.
  
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• Optimism network launches testnet fault-proof system in pursuit of decentralization

  03-10-2023 18:00 via cointelegraph.com
  
  OP Labs implemented its modular fault-proof system on the OP Goerli testnet.
  
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• Bitcoin SV (BSV) Notches 8% In The Last Day as Top Coins Bleed

  03-10-2023 18:00 via newsbtc.com
  
  BSV has bucked a bearish trend amid the general crypto market downturn, posting notable gains over the past 24 hours. Bitcoin SV (BSV) recorded an 8% 24-hour price increase, while Bitcoin succumbed to bearish pressure, dipping nearly 3% today, October 3.
  As a result of today’s uptick, BSV now trades at $40.4, representing an 8% increase in the last 24 hours. Also, the token has recorded over 31% seven-day increase, regaining over 34% of its past month’s gains. These prominent st
  
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• At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design

  03-10-2023 18:00
  
  The developer’s OP Stack software – the blueprint for Coinbase’s new Base blockchain – had been criticized for the lack of a crucial security feature, likened to driving a fast car without airbags.
  
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• 12 crypto experts’ tips for companies working with tokenized assets

  03-10-2023 18:00 via cointelegraph.com
  
  As the idea of tokenizing assets continues to gain momentum, companies must keep regulatory compliance in mind.
  
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• Bitcoin Buckles to $27.4K as Crypto Rally Fizzles on Macro Jitters

  03-10-2023 17:53
  
  BTC traded just over $27,600 in Asian afternoon hours on Tuesday, while Ether dropped 3.5% amid a dismal first day of ETH futures ETF trading in the U.S.
  
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• Binance to shut down BUSD lending by October 25

  03-10-2023 17:45 via cointelegraph.com
  
  The move is part of a phased termination of BUSD support by February 2024.
  
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• Coinbase’s Legal Expert Outlines What To Expect In FTX’s Sam Bankman-Fried Jury Selection

  03-10-2023 17:00 via newsbtc.com
  
  Coinbase’s Chief Legal Officer (CLO) Paul Grewal has weighed in on what to expect in the jury selection in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), which is set to take place on October 3. 
  FTX’s Sam Bankman-Fried Jury Selection Should Be Quick
  Grewal noted that the voir dire proceedings have generally improved over time, as in the past, the process could drag on for days. As such, he expects Sam Bankman-Fried’s jury selectio
  
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• Decentralized Exchange Bluefin’s New Version Goes Live on Sui Network

  03-10-2023 16:53
  
  The platform’s v2 allows sub-second optimistic trades and trading without a crypto wallet, the company said.
  
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• Elon Musk told to dump Satoshi ‘X’ account: crypto community

  03-10-2023 16:33 via cointelegraph.com
  
  The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto claiming it is in breach of the platform’s terms of use.
  
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• Crypto community tells Elon Musk to dump Satoshi ‘X’ account

  03-10-2023 16:33 via cointelegraph.com
  
  The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto, claiming it is in breach of the platform’s terms of use.
  
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• Bitcoin analysts still predict a BTC price crash to $20K

  03-10-2023 16:30 via cointelegraph.com
  
  BTC price has various reasons to return to $20,000, from a “head and shoulders” pattern to a FUD-induced cascade, Bitcoin analysis warns.
  
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• How the actor model could enable better blockchain gaming apps

  03-10-2023 16:01 via cointelegraph.com
  
  Can developments in computing help fix blockchain gaming’s quality problem?
  
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• Bitcoin News: Revival Of “Satoshi Nakamoto” Account Could Signal Slump In BTC Price?

  03-10-2023 16:00 via newsbtc.com
  
  In recent Bitcoin news, the creator of the cryptocurrency, Satoshi Nakamoto, has been back in the spotlight. A recent email and the resurgence of an X account allegedly associated with Nakamoto attracted the crypto community’s attention, an event that could impact BTC’s price action.
  As of this writing, Bitcoin trades at $27,600 after hitting a 24-hour high of $28,500 and losing momentum. The cryptocurrency rallied back to these highs, but a spike in selling pressure killed the upsid
  
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• EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says

  03-10-2023 15:54
  
  A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
  
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• There's a Lot of Thefts Happening

  03-10-2023 15:30
  
  TKTK
  
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