BREAKING: Floki says Bitget listed a “fake version of $TOKEN”

Bitget announced the delisting of TokenFi (TOKEN) citing potential price manipulation and liquidity issues. Floki has responded by saying the exchange listed the tokens against requests not to at the time. дальше »

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Why UK PM Does Not Want to Rush AI Regulations

UK Prime Minister Rishi Sunak has expressed caution over rushing to regulate artificial intelligence (AI), citing the need to fully understand the technology first. The post Why UK PM Does Not Want to Rush AI Regulations appeared first on BeInCrypto. дальше »

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Why Did Tellor’s TRB Pump Over 680% in 2 Months? Crypto Analyst ‘Not Surprised’

The native token of decentralized oracle network Tellor (TRB) has seen an astronomical rally over the past two months, surging over 680% year-to-date. Crypto analysts say they are not shocked by the price action, citing intentional spot bids and on-chain data flows. дальше »

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Is Binance About Dominating Hong Kong’s Crypto Scene? The Truth About HKVAEX

Binance, the world’s leading cryptocurrency exchange, has recently been facing some speculation concerning its potential association with a newly unveiled trading platform in Hong Kong. According to local news media South China Morning Post, citing sources familiar with the matter, Binance might be the force behind HKVAEX, a newly minted crypto trading platform in Hong Kong.  […] дальше »

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Binance Files Motion to Dismiss CFTC Lawsuit, Citing Lack of Jurisdiction

In response to the lawsuit filed by the US Commodity Futures Trading Commission (CFTC), Binance, the world’s largest cryptocurrency exchange, along with its affiliates and founder Changpeng Zhao, has submitted a motion to dismiss the case. дальше »

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FT fork halts citing ‘high costs’, users note $336K in teams’ multisig

An Arbitrum-based Friend.tech clone has decided to slam the brakes ahead of its promised airdrop due to unsustainable operational costs, leaving users befuddled while noting the team’s healthy multisig wallet.  дальше »

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Marinade Finance ceases operations in the UK citing FCA compliance concerns

Marinade Finance is currently the largest DeFi protocol on Solana. Marinade Finance has blocked UK users due to concerns over FCA regulations. The FCA’s Financial Promotions Regime has prompted several cryptocurrency entities, including Marinade Finance, to exit the UK market. дальше »

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Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule

Marinade Finance holds over $265 million in total value locked, accounting for 70% of all funds locked on the Solana blockchain. дальше »

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Thailand delays $15b crypto giveaway citing security concerns

According to Thailand’s Deputy Minister of Finance Julapun Amornvivat, the giveaway will not be launched on Feb. 1, as planned. Thailand will not launch the long-awaited “airdrop” on time as the government needs more time to develop “a safe system,”… дальше »

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Bitcoin: What do the next 2 years hold for BTC?

Analyst Lyn Alden expressed a bullish 2-year view on Bitcoin, citing long-term potential and resilience. Bitcoin's market indicators, including price, Open Interest, and sentiment, offered posiThe post Bitcoin: What do the next 2 years hold for BTC? appeared first on AMBCrypto. дальше »

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Paradigm, DEF Urges Protection of Fourth Amendment Rights in IRS Case

Paradigm supports James Harper's IRS lawsuit, citing privacy concerns in IRS data collection from Coinbase users. DEF also backs the appeal. The post Paradigm, DEF Urges Protection of Fourth Amendment Rights in IRS Case appeared first on BeInCrypto. дальше »

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Hong Kong securities regulator updates crypto policies, citing market developments

The notice came more than a month after over a thousand users reported losses from the JPEX crypto exchange.

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LBRY concedes to total shutdown, citing loss to SEC and millions in debt

LBRY Inc. , the developer of the LBRY blockchain, is shutting down services because it lost a lawsuit to the U. S. Securities and Exchange Commission (SEC), and it “has several million dollars in debts. дальше »

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Aptos Post Mortems Five-Hour Network Outage Citing Code Issues 

This was the first major delay since the Aptos mainnet launch. It highlights the need for more rigorous testing of edge cases by ecosystem developers when proposing future changes. The post Aptos Post Mortems Five-Hour Network Outage Citing Code Issues appeared first on BeInCrypto. дальше »

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QCP Capital does not anticipate any Bitcoin ETF approval in Q4 2023

QCP Capital's Q4 2023 forecast warns of volatility in Bitcoin and equities, citing macro factors and geopolitical tensions as key drivers while dismissing hopes for ETF approval.  дальше »

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BlackRock to spearhead solid XRP rally – Forbes

Ripple’s XRP grapples with the $0. 5 resistance despite recent Bitcoin-led surges. Nonetheless, the latest Forbes report shows that altcoin might explode to the upside this month, citing institutional forces from BlackRock and JPMorgan. дальше »

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Reddit to wind down blockchain-based rewards service ‘Community Points’

Reddit will shutter its Community Points feature on Nov. 8, citing scalability issues.

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Reddit shuts down blockchain-based Community Points service

Reddit has decided to discontinue its blockchain-based Community Points reward system, citing scalability challenges and regulatory concerns. дальше »

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Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT

Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter. дальше »

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Hong Kong-Based Crypto Exchange OSL's Owner Weighing Sale at $128M Valuation: Bloomberg

BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter. дальше »

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Sam Bankman Fried’s trial hindered by lack of Adderall

Attorneys for the FTX founder have inquired about possibly administering extended-release ADHD medication to their client, citing his difficulties maintaining focus throughout the trial. In a letter dated Oct. дальше »

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$3,390,000,000 in Tether Linked to Shady Activities, Journalist Issues Caution For Investors

Chinese journalist Colin Wu reported that over the past two years, more than 3. 39 billion “risky” TRC20 USDT has flowed into OTC trading addresses on Tron. Citing blockchain analytics firm Bitrace, Wu notes that of these inflows, 14. дальше »

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Moscow Stock Exchange looking to issue tokenized real estate assets by 2024

The Moscow Stock Exchange is preparing to introduce a digital financial asset (DFA) for real estate assets in 2024 to make investing in the industry more accessible, local media reported, citing the exchange’s director of digital assets, Sergei Kharinov. дальше »

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CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%

Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics." дальше »

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3A blockchain game Abyss World alleges deceit from early investor

Blockchain game Abyss World has announced the postponement of the SUI airdrop to Gazer this month, citing a funding crisis and deception by their early main investor, Chainhill Capital. дальше »

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Multimillion FTX hack linked to Russian hackers: Elliptic

Blockchain intelligence company Elliptic has linked FTX’s $400 million hack to Russian hackers, citing the unsophisticated method of laundering employed by the attacker. Per Elliptic’s report, the attacker was converting the stolen funds to Bitcoin using Renbridge, a service owned by the bankrupt exchange sister company, Alameda Research. дальше »

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Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says

Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis. дальше »

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UK Committee Rejects Crypto Fan Tokens in Sports as Valid Engagement Metric

The UK's Culture, Media, and Sports Committee has raised concerns about the promotion of crypto assets and fan tokens in professional sports, citing potential financial harm to supporters. The post UK Committee Rejects Crypto Fan Tokens in Sports as Valid Engagement Metric appeared first on BeInCrypto. дальше »

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Ledger cuts 12% of staff 

The CEO and chair of Pascal Gauthier announces the firm will be cutting its staff by 12% in an Oct. 5 blog post citing the “longevity of the business.” дальше »

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Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’

The wallet manufacturer reportedly had around 734 employees at the time of publication, suggesting roughly 88 people may have lost their jobs. дальше »

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Norwegian Gambling Authority steps up oversight of online casinos

Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety. дальше »

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Yield Protocol winds up operations, cites deteriorated demand & regulatory woes

Fixed-rate lending platform Yield Protocol has confirmed the decision to end its operations by December 2023, citing faded demand and stiffer regulations. That comes as the decentralized finance (DeFi) sector faces challenges following an extended winter. дальше »

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Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

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. дальше »

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Chia Network cuts staff, citing banking crises and industry skepticism

The San Francisco-headquartered firm fired 26 employees in an effort to go public despite banking challenges. дальше »

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Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism. дальше »

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Crypto Exchange Kraken to Explore Stock Trading: Bloomberg

The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter. дальше »

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Coinbase CEO criticizes Chase UK for banning crypto payments

JPMorgan’s subsidiary Chase UK unveiled significant adjustments to its cryptocurrency payments policy, citing fraud worries. The new rules prohibit crypto payments, and will start operating from October 16, 2023. дальше »

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Binance Exits Russian Market, Sells Subsidiary to CommEX

After various ups and downs in the Russian market, the world's largest exchange, Binance finally exited Russia, citing that market is not compatible with compliance. The post Binance Exits Russian Market, Sells Subsidiary to CommEX appeared first on BeInCrypto. дальше »

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Chase UK blocks crypto payments for customers, citing fraud and scam rise

Chase U.K. will block all crypto payments over fraud and scam allegations. дальше »

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Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets. дальше »

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Altcoins In Turmoil: Top Analyst Predicts Challenges Ahead

Altcoins may be in for a tough year. Crypto analyst Benjamin Cowen has raised concerns about the performance of altcoins for the remainder of 2023, citing historical patterns as a basis for his predictions. дальше »

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Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'

The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website. дальше »

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AI Coming to World of Atoms in Powerful New Ways, According to Analyst

AI analyst David Mattin predicts that AI will significantly impact disease prevention, citing Google DeepMind's AlphaMissense as a tool that could help identify disease-causing genetic mutations. дальше »

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New Report Suggests Ethereum Is Trading Well Below Its Market Value, Citing A Valuation Of $275 Billion

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Crypto Influencer Promoting JPEX Exchange Arrested In Hong Kong

Former lawyer and crypto influencer Joseph Lam has been apprehended by the Hong Kong Police for allegedly associating with troubled cryptocurrency exchange JPEX. A local media outlet reported, citing sources familiar with the case, that the police arrested Lam on Monday, September 18. дальше »

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R3 downsizing, lays off 20% of staff citing economic challenges

R3, a New York-based blockchain enterprise, slashes its workforce by over 20% in a strategic move to conserve resources дальше »

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Digital Currency Group subsidiary Luno to pause certain UK services, citing forthcoming regulations

Luna, a subsidiary of Digital Currency Group (DCG), will soon pause certain services in the U. K. , according to a report on Sept. 11. That report indicates that the company will halt some crypto trading features by Oct. дальше »

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Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection

Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility. дальше »

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NFT startup Glass suspends development year after $5m funding

A video platform startup, Glass Protocol, has suspended its development, citing a lack of “sustainable demand for video NFTs.” Glass Protocol, a video platform allowing creators to monetize their videos with non-fungible tokens (NFTs), won’t get any new updates as… дальше »

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Exchange Coinbase to end its operations in India amid regulatory challenges

In another turn of events in the cryptocurrency world, exchange Coinbase plans to suspend its trading offerings in India from 25 September. The firm emailed its Indian users about the development, citing regulatory challenges. дальше »

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