Ripple Integration With ISDA Ushers In $1.2 Quadrillion Market, Can XRP Breach $100?

XRP, the native token of Ripple, is poised to take part in a $1. 2 quadrillion derivatives market following Ripple’s integration into the ranks of the ISDA ushers.   XRP To Enter The $1. 2 Quadrillion Derivatives Market Earlier in August 2023, Ripple, a crypto payments solution, announced its membership with the International Swaps and Derivatives Association (ISDA). дальше »

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All about Genesis and Gemini's $689 mln legal blitz

This is part of an ongoing and publicized feud between the two entities. The feud has not only played out in the courtroom but has also drawn regulatory attention. In a recent court filing oThe post All about Genesis and Gemini's $689 mln legal blitz appeared first on AMBCrypto. дальше »

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Binance's Busy Day, Kraken's Second SEC Fight

Binance is paying one of the largest fines in corporate history to the U. S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. дальше »

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This Solana Meme Coin Is Outperforming Dogecoin, Shiba Inu, And PEPE Combined

Meme coins have become a prominent part of the crypto industry and hardly a market recovery goes by that there isn’t at least one meme coin outshining the crypto market gains. This time around, it is a meme coin on the Solana network that is outperforming the space, leaving behind even the likes of heavy […] дальше »

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Binance’s Changpeng Zhao pleads guilty to money laundering, comments on resignation

Now-former Binance CEO Changpeng Zhao has pleaded guilty to money laundering charges, according to reports from The New York Times on Nov. 21. Zhao reportedly entered his guilty plea in federal court in Seattle today and agreed to pay a $50 million fine as part of the plea deal. дальше »

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Binance and CZ's plea deal with US Government revealed in court filing

CZ will be required to pay a fine of $50 million as part of the plea deal, which will absolve the CFTC's charges Binance will have to pay a fine of over $4 billion and accept CZ's resignation The post Binance and CZ's plea deal with US Government revealed in court filing appeared first on AMBCrypto. дальше »

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Binance CEO Zhao To Resign, Plead Guilty To Money Laundering As Part Of $4.3B Settlement; BNB Drops

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Binance Founder CZ to Step Down as U.S. DOJ Secures $4.3 Billion Settlement

Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ). дальше »

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Celsius debtors to restructure defunct lender into Bitcoin miner instead of asset transfer

Celsius Network and its debtors intend to turn the defunct lender into a Bitcoin miner as part of its restructuring, according to a Nov. 20 press release. Celsius customers will own the new entity, tentatively stated as ‘Mining NewCo. дальше »

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Binance CEO Changpeng Zhao to resign as part of DOJ settlement: report

Crypto flips red, with Bitcoin falling below $37k and BNB tanking 7% to $240 amid reports Binance CEO may resign’ A report by Forbes suggest the DOJ will make an announcement to that effect today. дальше »

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WSJ: Changpeng Zhao to step down, plead guilty as part of Binance-DoJ settlement

In reports from Forbes and the Wall Street Journal, sources familiar with the matter state that Binance CEO Changpeng Zhao will be forced to step down from his role at the world’s largest exchange as part of a $4.3 billion settlement. дальше »

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Binance's CZ to reportedly step down as CEO and plead guilty

Binacne's CEO is reportedly set to resign from his position as part of a deal with the US DoJ The settlement deal would also see both the executive and the exchange plead guilty to criminal chaThe post Binance's CZ to reportedly step down as CEO and plead guilty appeared first on AMBCrypto. дальше »

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BREAKING: Binance CEO CZ Steps Down As Part Of $4 Billion Settlement

In the wake of ongoing crackdown by US regulatory agencies and investigations conducted by the Department of Justice (DOJ), Binance CEO Changpeng Zhao (CZ) is reportedly stepping stepping down as chairman of the world’s largest cryptocurrency exchange. дальше »

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Ripple Moves Astonishing 115 Million XRP, Selling Part of It at Loss

Fintech giant Ripple spotted transferring more than 115 million XRP, along with anonymous wallet shoveling 85 million XRP дальше »

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Tether freezes USDT: How romance scams played a part

Tether voluntarily froze 225 million USDT tokens.  The funds were linked to a global crime syndicate known for carrying out pig butchering scams. Stablecoin issuer Tether [USDT] worked togeThe post Tether freezes USDT: How romance scams played a part appeared first on AMBCrypto. дальше »

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U.S. DOJ Reportedly Wants Shocking $4 Billion From Binance To Drop Criminal Charges

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder. дальше »

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Endgame For Binance? US DOJ Seeks $4 Billion Settlement, CZ Braces For Charges

In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume.  According to Bloomberg, negotiations between the two parties include the potential for Binance founder Changpeng Zhao, also known as CZ, to face criminal charges as part of the agreement.  The […] дальше »

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Ethereum Whistleblower Addresses Fraud Allegations, Reveals Next Steps

Steven Nerayoff, one of the earliest advisors for Ethereum, has reacted to a social media post accusing him of fraud and exploitation. The defamatory accusation was posted by a user who goes by the name Cryptoking on social media platform X in July as part of a story on his failed crypto project. However, Nerayoff […] дальше »

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How a Bitcoin ETF approval may spur BTC to $141K

Demand for Bitcoin may increase once the SEC approves a spot ETF. It might take a while before corporate bodies begin to fuel the BTC hike. For a large part of the year, there have been discThe post How a Bitcoin ETF approval may spur BTC to $141K appeared first on AMBCrypto. дальше »

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Render Network set to build a new bridge amid notable challenges

A large part of the Render clan voted in favor of the integration. However, compliance and scaling are obstacles that the project may face. A Snapshot of the Render Network [RNDR] community The post Render Network set to build a new bridge amid notable challenges appeared first on AMBCrypto. дальше »

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Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg

Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported. дальше »

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Mastercard sees no justification for consumers to use CBDCs

Payments giant Mastercard says adoption is the most challenging part for state-issued digital currencies. The second-largest payment-processing provider, Mastercard, sees no prospects for central bank digital currencies (CBDCs) shortly, as consumers nowadays are “comfortable using today’s type of money.” In… дальше »

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Binance Loses Counter-Terrorism Advisor Just 2 Months After Starting

Binance, one of the world’s largest cryptocurrency exchanges, has witnessed the resignation of Jennifer Hicks, its first-ever anti-terrorism financial advisor. This development is a significant part of a series of high-level departures that signal turbulence within the company. дальше »

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MetaWin Debuts Revolutionary $1M Cryptocurrency Giveaway – ‘MetaWin Millionaire’

MetaWin, a pioneer in digital competitions, has just announced the launch of its remarkable event, MetaWin Millionaire, an innovative competition that offers participants the opportunity to become part of blockchain history while earning a million-dollar reward. дальше »

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Tether plans major expansion into BTC mining with $500M investment: Report

Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push. дальше »

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Hashing It Out: How Web3 is causing an evolution of traditional finance

Sarah Clark, the CEO of E-Gates, believes that traditional finance needs to adopt features of decentralized finance as part of an evolution instead of seeing it as a revolution. дальше »

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Singapore initiates tokenization pilots: What does it entail?

A recent report estimated the market value of tokenized assets to be $3.5-$10 trillion by 2030. Japan, the United Kingdom, and Switzerland are also part of the project. The Monetary AuthoritThe post Singapore initiates tokenization pilots: What does it entail? appeared first on AMBCrypto. дальше »

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Singapore Central Bank to Start 'Live' Wholesale CBDC Trials

The trials are part of a broader initiative to test digital money, including tokenization of banking assets. дальше »

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Analyst Says Solana Is in a ‘Monster Uptrend’ Despite Recent Struggles, Reveals Next SOL Price Target 

Solana saw its price rise over 7% as a part of its recovery move after failing to break past $63 resistance four days ago. After the rejection, the altcoin dropped to around $51 over a three-day period. дальше »

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OKX совместно с Polygon запустит L2-сеть X1

Криптовалютная биржа OKX в партнерстве с Polygon запустила тестовую сеть L2-решения X1. OKX is using Polygon CDK to build a ZK-powered Layer 2 network that connects the 50 million+ OKX user base to the broader Ethereum community, to allow anyone to take part in a truly secure and unified global onchain ecosystem. It’s called X1.@X1_Network will […] дальше »

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OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK

The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.

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FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules

BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two. дальше »

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Reddit’s MOON skyrockets 150% as community unveils plans

The Reddit admins will renounce the Moons contract as part of the token’s revival process. When Reddit admins announced plans to sunset the community points initiative, the crypto society cried foul, accusing them of dumping Moons (MOON) tokens ahead of… дальше »

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Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings

The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates.

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FTX Foundation staffer fights for $275K bonus promised by SBF

FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. дальше »

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Bitcoin Price Roaring, Why Is Liquidity Very Low And At Q4 2022 Levels?

The Bitcoin (BTC) price is roaring at spot rates, recently ripping above the July 2023 resistance level. The coin is at new 2023 highs, recovering after plunging in 2022. Part of the sharp sell-off, especially in November 2022, was because of the collapse of FTX and Alameda Research, the trading wing of the defunct crypto […] дальше »

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Bithumb sets sights on 2025 South Korean IPO on KOSDAQ amid leadership overhaul

South Korean cryptocurrency exchange Bithumb is eyeing a listing on the Korean Securities Dealers Automated Quotations (KOSDAQ) via an Initial Public Offering (IPO) in 2025 as part of its expansion strategy, according to a local media report. дальше »

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Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets

Prices on the major cryptocurrencies stabilized after a rally at the end of the U.S. trading week, while crypto winter continues to thaw in every part of the market from bitcoin to ether and DEXs. дальше »

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Polygon offers $90 mln worth of grants to lure in developers, details here

The announcement was part of the relaunched "Polygon Village" incubator. Direct grants of up to 2 million MATIC would be given to late-stage projects. Optimism in the crypto market and Web3 The post Polygon offers $90 mln worth of grants to lure in developers, details here appeared first on AMBCrypto. дальше »

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Bitget Lists SATS Tokens As Investors “Feel More Potential In Smaller Numbers”

Crypto exchange Bitget joined the memecoin frenzy, listing the latest BTC20 token SATOSHIS (SATS). The token, which challenges our conventional understanding of Bitcoin’s divisibility, is an integral part of the BRC20 Ordinals ecosystem. дальше »

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One Ethereum Whale’s Deposit Could Trigger A $180 Million Loss, How?

One Ethereum whale has caught the attention of the crypto community after a massive deposit to the Binance crypto exchange. While the deposit value itself is notable, the most interesting part of the whole ordeal is the whale’s history and how selling now could trigger a massive loss. дальше »

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Celsius Network’s Bankruptcy Chapter Closes, Signals Revival For Crypto Lender

Failed crypto lender Celsius Network has received bankruptcy court approval for its plan to transform into a creditor-owned Bitcoin mining firm, as reported by Bloomberg.   The approval is part of a wider proposal aimed at repaying customers who have frozen their accounts for over a year. дальше »

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Are high fees killing some types of DApps? Cartesi explains on Hashing It Out

Erick de Moura argues that on blockchain networks with high fees, some types of decentralized applications don’t survive because users are only willing to part with cash for a few specific kinds. дальше »

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Minelab’s MELB Token Storms the Crypto Mining Space With AI-Driven Expertise

AI-driven cryptocurrency mining platform Minelab has unveiled its community-powered gem, MELB token, as part of its efforts to redefine the digital currency space. According to the announcement, Minelab, with its remarkable success in AI-powered mining, has designed MELB to feature as an ordinary token and as a showcase of real-world technology. Rooted in Minelab’s AI-driven […] дальше »

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Михаэль ван де Поппе: Биткоин переходит к бычьему рынку

Цифровое золото завершило фазу накопления и перешло в начало бычьего цикла. Об этом сообщил основатель MN Trading Михаэль ван де Поппе. #Bitcoin has ended the accumulation phase and enters the first part of the bull cycle This is the first year of the bull cycle, as it's quite clear that we've finished the bear market. […] дальше »

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Crypto exchange Kraken rolls out services in Belgium

The U.S.-based crypto exchange Kraken is launching its offerings in Belgium utilizing its EU subsidiary. Crypto exchange Kraken opens its doors to Belgium as part of its commitment to double down on its European presence. In a blog post on… дальше »

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FTX transfers $316 million in crypto, with Solana leading the outflows

FTX recently transferred approximately $316 million in digital assets to various crypto exchanges, according to on-chain data. Over the past several weeks, the beleaguered crypto exchange has been rapidly divesting portions of its crypto holdings, including assets like Solana (SOL) and Ethereum (ETH), as part of its bankruptcy proceedings. дальше »

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UAE central bank to penalize unlicensed virtual asset service providers

UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.” дальше »

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Stablecoin issuer Circle weighing up 2024 public launch: Report

Circle initially agreed to go public as part of a $4.5-billion merger in July 2021, but that deal fizzled out.

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Self-Authentication System Of Shiba Inu Has Technical Issues, Developer Reveals

The newly launched SHIB self-authentication system, Shibdentity, has witnessed some technical issues. Kaal Dhairya, a Shiba Inu developer, revealed this today, November 7. As part of their efforts to make the Shib Ecosystem self-sufficient, the developers also introduced The Shib Magazine. дальше »

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