Cryptocurrency news

• ‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

  18-10-2023 23:57
  
  Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.
  
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• OpenAI partners with G42 in Dubai eyeing Middle East expansion

  18-10-2023 23:44 via cointelegraph.com
  
  The two companies said they plan to use OpenAI’s models in industries in which G42 has connections and experience, such as energy, finance, healthcare and public services.
  
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• Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital

  18-10-2023 23:39
  
  The miner is adding Fidelity to diversify its bitcoin (BTC) custody.
  
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• Just how bullish is the Bitcoin halving for BTC price? Experts debate

  18-10-2023 23:24 via cointelegraph.com
  
  Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery.
  
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• US Inspector General wants FDIC to refine crypto risk assessment process, guidance

  18-10-2023 23:10 via cointelegraph.com
  
  The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found.
  
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• Inspector General wants FDIC to refine crypto risk assessment process, guidance

  18-10-2023 23:10 via cointelegraph.com
  
  The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found.
  
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• Uniswap Is Decentralizing: Why Are DeFi Users Worried About This Feature?

  18-10-2023 23:00 via newsbtc.com
  
  Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that Uniswap is decentralizing. Walsh even compares the current state of the DEX to that of Ethereum. The executive also acknowledged that the DEX’s current level of success is due to the active participation and contribution of the developer community.
  Uniswap Becoming More Decentralized?
  The Executi
  
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• Injective (INJ) boost as Helix unveils pre-launch futures

  18-10-2023 22:54 via coinjournal.net
  
  Injective (INJ) price rose to highs of $8.20 on Wednesday.
  The gains came as the layer-1 blockchain network’s DEX platform Helix unveiled its pre-launch futures product.
  Celestia (TIA) is the first pre-launch futures token to list on Helix.Injective (INJ) is seeing a nice uptick in price today as the layer-1 blockchain adds to last week’s upside. While the altcoin‘s price is currently just 3.5% up in the past 24 hours, the gains were much more notable earlier in the day when I
  
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• Universal Music Group enters partnership to protect artists' rights against AI violations

  18-10-2023 22:40 via cointelegraph.com
  
  The new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage to protect artist and songwriter rights.
  
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• Sam Bankman-Fried’s trial is telling a story of classic financial deceit

  18-10-2023 22:16 via cointelegraph.com
  
  Disgraced FTX CEO Sam Bankman-Fried wasn't the first financial kingpin to get creative with balance sheets, and he won't be the last.
  
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• Expert Trader Identifies 6 High-Potential Altcoins To Watch

  18-10-2023 22:00 via newsbtc.com
  
  In its latest update on October 18, renowned crypto analyst Rekt Capital has highlighted six altcoins that have caught his attention, showing potential for the remainder of 2023, Ocean Protocol (OCEAN), Dogecoin (DOGE), Woo Network (WOO), Verasity (VRA), Stellar (XLM), and Injective (INJ).
  Mixed Signals For Dogecoin
  Rekt Capital’s analysis suggests a crucial moment for the Ocean Protocol. Whether the current price deviation will result in a downside wick below the red channel placed at $0.
  
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• ECB officials move to 'preparation phase' for digital euro

  18-10-2023 21:59 via cointelegraph.com
  
  Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project.
  
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• Meta makes progress towards AI system that decodes images from brain activity

  18-10-2023 21:50 via cointelegraph.com
  
  The system is entirely non-invasive and could have near-term applications for some.
  
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• Meta makes progress toward AI system that decodes images from brain activity

  18-10-2023 21:50 via cointelegraph.com
  
  The system is entirely non-invasive and could have near-term applications for some.
  
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• Spot Bitcoin ETF Approval Is Coming, but Analysts Differ on Possible Price Reaction

  18-10-2023 21:47
  
  A fake report about BlackRock's spot BTC ETF approval Monday spurred a short-lived bitcoin rally to $30,000.
  
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• Ethereum DeFi protocol Hope Lend drained after exploit

  18-10-2023 21:22 via cointelegraph.com
  
  The protocol, which had 526 Ether in total value locked, was emptied in an attack on Oct. 18.
  
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• EU Adopts DAC8 – New Cryptocurrency Tax Reporting Rule To ... - Cryptonews

  18-10-2023 21:05 via news.google.com
  
  EU Adopts DAC8 – New Cryptocurrency Tax Reporting Rule To ...  Cryptonews
  
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• Cryptocurrency Brings Disruption to Bankruptcy Courts—What Parties Can Expect and the Open Issues Still To Be Resolved (Part Two) - The National Law Review

  18-10-2023 21:04 via news.google.com
  Cryptocurrency Brings Disruption to Bankruptcy Courts—What Parties Can Expect and the Open Issues Still To Be Resolved (Part Two)  The National Law Review
  
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• When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline

  18-10-2023 21:00 via newsbtc.com
  
  Since the Bitcoin Price crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and on the other extreme end, $1,000,000. Over time, various analysts and pundits have put forward their forecasts, but the most recent of these is from budding economist Alessandro Ottaviani who believes BTC could hit the $1 million mark in the next three years.
  Bitcoin Price On Its Way To $1 Million
  Ottaviani starts out his X (formerly Twitter) post by pointin
  
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• MetaMask briefly pulled from App Store, British MPs argue for caution with NFT copyright infringement: Nifty Newsletter, Oct. 11–Oct. 17

  18-10-2023 21:00 via cointelegraph.com
  
  Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.
  
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• Bitcoin price holds $28K range as institutional investor maneuvering boosts sentiment

  18-10-2023 20:58 via cointelegraph.com
  
  Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.
  
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• Jimmy Zhong Arrest Details Revealed in New Report

  18-10-2023 20:23
  
  Zhong is now serving a one-year sentence related to the theft of bitcoin from the Silk Road marketplace.
  
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• For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

  18-10-2023 20:14
  
  Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations.
  
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• Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

  18-10-2023 20:01
  
  The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.
  
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• Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 11]

  18-10-2023 20:01 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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• Sen. Warren, 100+ legislators write White House, Treasury about crypto and terrorism

  18-10-2023 20:00 via cointelegraph.com
  
  The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.
  
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• Elon Musk trials $1 subscription signup fee for new X users in New Zealand, Philippines

  18-10-2023 19:45 via cointelegraph.com
  
  The Mercurial CEO is on the cusp of turning X into a fully subscription-based app.
  
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• Binance Traders Go Bearish On Bitcoin, But Here’s Why They Might Regret It

  18-10-2023 19:30 via newsbtc.com
  
  Observing traders’ decisions about crypto, such as Bitcoin, especially on prominent exchanges like Binance, often holds the key to understanding the underlying currents in the market. Two critical events today, highlighted by renowned crypto analyst Ali Martinez, paint a curious picture of BTC’s current standing.
  Majority Of Binance Traders Shorting BTC
  Ali Martinez, a respected figure in the crypto analysis world, revealed some interesting data concerning Bitcoin earlier today. Acco
  
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• Cracks Appear as Ethereum Staking Demand Wanes

  18-10-2023 19:28
  
  Earlier this year, Ethereum staking was popular, particularly with Lido Finance's rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.
  
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• Is r/CryptoCurrency Moons (MOON) Trending Lower or Higher Wednesday? - InvestorsObserver

  18-10-2023 19:27 via news.google.com
  Is r/CryptoCurrency Moons (MOON) Trending Lower or Higher Wednesday?  InvestorsObserver
  
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• Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns

  18-10-2023 19:25
  
  The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years.
  
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• Anthropic built a democratic AI chatbot by letting users vote for its values

  18-10-2023 19:00 via cointelegraph.com
  
  The value responses from 1,000 test subjects were used to tune a more democratic large language model.
  
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• Lightning Labs Rolls Out 'Taproot Assets,' to Make Bitcoin 'Multi-Asset' Network

  18-10-2023 18:37
  
  Taproot Assets will give developers "the tools needed to make Bitcoin a multi-asset network, but in a scalable manner," according to Lightning Labs.
  
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• US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas

  18-10-2023 18:33 via cointelegraph.com
  
  According to the U.S. Treasury, terrorist groups including Hamas, ISIS, and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds.
  
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• 'Oh, Yes': Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

  18-10-2023 18:33
  
  Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.
  
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• Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

  18-10-2023 18:17
  
  Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope.
  
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• Analyst Predicts XRP Price To Hit $100: Here’s How To Become A Millionaire

  18-10-2023 18:00 via newsbtc.com
  
  Several crypto analysts and influencers in the XRP community have continued to make their predictions as to the future of the XRP price. This time, another has predicted the token to rise to $100 and given tips on how one could make money from this occurrence. 
  How To Make $1 Million From XRP
  In a post shared on the X (formerly Twitter) platform, Crypto Analyst and XRP influencer Crypto Assets Guy stated that XRP had the potential to reach $100 in 3-5 years. As to the best way XRP hold
  
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• The Death of Compromise, and a Way Forward for Crypto

  18-10-2023 17:45
  
  Kim Greenberg of CoinDesk Indices finds a lesson for crypto in LEGO.
  
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• Investment as a Service: Table Stakes for the Next Crypto Cycle

  18-10-2023 17:45
  
  Colton Dillion and Sonya Mann of Hedgehog Technologies explain why exchanges and other major players in crypto need to expand their horizons.
  
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• Sam Bankman-Fried Witness Contrasts His Public Comments With FTX's Dangerous Secrets

  18-10-2023 17:35
  
  Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.
  
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• Brazil is dominating Latin America's cryptocurrency market - Techloy

  18-10-2023 17:31 via news.google.com
  Brazil is dominating Latin America's cryptocurrency market  Techloy
  
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• U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

  18-10-2023 17:21
  
  U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism.
  
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• FTX Scandal: What the Latest Testimony Means for the ... - Cryptonews

  18-10-2023 17:18 via news.google.com
  
  FTX Scandal: What the Latest Testimony Means for the ...  Cryptonews
  
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• SBF Trial: A Witness Contrasts Sam Bankman-Fried's House Testimony With FTX's Dangerous Secrets

  18-10-2023 17:16
  
  Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.
  
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• (One Part of) Sam Bankman-Fried's Defense Strategy Starts Paying Off

  18-10-2023 17:03
  
  All three of Sam Bankman-Fried’s “inner circle” members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray too far from their well-practiced narratives. They were confident when responding to prosecutors, but were less polished when confronted by the defense.
  
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• This Rare Bullish Bitcoin Crossover Could Soon Form, Quant Predicts When

  18-10-2023 17:00 via newsbtc.com
  A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen.
  Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross
  As explained by an analyst in a CryptoQuant Quicktake post, a bullish crossover is expected to happen soon for BTC. The indicator of interest here is the “realized price,” which basically keeps track of the price at which the average investor in the Bitcoin mark
  
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• Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum

  18-10-2023 17:00
  
  The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate"smart contracts," that theoretically could attract new applications and users – and potentially more demand for the XLM token.
  
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• SBF Trial: Nishad Singh Felt ‘Suicidal’ in Crypto Exchange’s Final Days

  18-10-2023 16:56
  
  Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets.
  
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• SBF Trial: For Once, Sam Bankman-Fried's Lawyer Lands a Punch

  18-10-2023 16:55
  
  Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations.
  
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• Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

  18-10-2023 16:50
  
  The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.
  
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