MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter. дальше »

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Solana Labs unveils GameShift, a web3 suite for game developers

Solana Labs announced the beta launch of GameShift, its Web3 service for game developers, in a press release published on Oct. 31. Davis Hart, Product Lead for GameShift, said: “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a Web2-friendly […] The post Solana Labs unveils GameShift, a web3 suite for game developers appeared first on CryptoSlate. дальше »

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Hong Kong’s HashKey unveils plans to launch ERC-20 utility token

The token’s economic model will be ‘closely tied to the long-term interests of ecosystem contributors,’ the firm said. HashKey Exchange is set to roll out its own ERC-20 token as the firm is seeking options to expand its regional presence… дальше »

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CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related

Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said. дальше »

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CFTC paid almost $16m to crypto whistleblowers in 2023

In 2023, the majority of CFTC’s whistleblower awards involved crypto fraud schemes, said Christy Goldsmith Romero, a commissioner of the regulator. As the crypto market remains the top spot for malicious actors and hackers, the U.S. Commodity Futures Trading Commission… дальше »

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BitGo Granted German Crypto Custody License by BaFin

BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said. дальше »

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SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says

The U. S. Government Accountability Office posted a complaint about a cryptocurrency-related bulletin from the country’s main securities regulator on Oct. 31. The accountability office said that the U. дальше »

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WalletConnect complies with OFAC sanctions, geo-blocks Russia and parts of Ukraine

The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of restrictions on non-sanctioned countries. дальше »

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Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice

USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients. дальше »

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Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said. дальше »

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PancakeSwap launches asset management feature

Decentralized exchange PancakeSwap has introduced the Position Manager feature. The new feature allows one to place assets into a vault and automatically send them to liquidity pools. The project team said the new feature was made available through collaboration with… дальше »

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Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis

Such consolidations generally end with an upward breakout, one observer said. дальше »

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Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein

Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said. дальше »

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Bitcoin's Heading to $150K and Quality Mining Stocks Offer a Good Way to Gain Exposure: Bernstein

Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said. дальше »

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Bitcoin To $3 Million Is “A 100X From Today”, And You Are Still Early: Crypto Advocate

Luke Bryoles, a Bitcoin advocate who thinks the world’s most valuable network will save people’s energy, is bullish. On October 30, Bryoles said the coin could rally to $3 million, and all it needs is to be “100X from today. дальше »

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Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him. дальше »

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Bitcoin blasts through key resistance not seen since 2018

Crypto analyst Jason Pizzino said in a recent YouTube video that Bitcoin has broken above a key monthly resistance level for the first time since the 2018 bear market. дальше »

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‘Fuck regulators,’ said SBF behind closed doors: Report

The disgraced crypto executive frequently praised the need for crypto regulation in public.

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Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said. дальше »

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Standard Chartered-owned crypto platform Zodia launches in Hong Kong

Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said.

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I asked ChatGPT how MATIC would perform in the near future, it said...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon [MATIC] has reclaimed the $0.60 pricThe post I asked ChatGPT how MATIC would perform in the near future, it said... appeared first on AMBCrypto. дальше »

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Elon Musk says X payments will eliminate need for bank account by end of 2024

Twitter/X owner Elon Musk revealed new details of his planned payment services during an all-hands staff meeting, as reported by The Verge on Oct. 26. Musk said the new feature will cover almost all areas of finance, stating: “When I say payments, I actually mean someone’s entire financial life. дальше »

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Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data

Elliptic, the firm which The Wall Street Journal sourced the data from, said it was pleased to see the news outlet acknowledge its mistakes. дальше »

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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’

The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations. дальше »

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Lawyer questions Sam Bankman-Fried on his political donations at trial

The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto. дальше »

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Bitcoin price to hit $125k by end of 2024: Matrixport

Bitcoin (BTC) could rally to a high of $125k in late 2024 amid institutional adoption, Matrixport said in report. The crypto services provider’s Bitcoin price prediction comes amid BTC’s surge to $35k. дальше »

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Discover How To Earn Passive Income Through Bitcoin Spark, Ethereum, And Monero

There are many ways to profit from the cryptocurrency market. That said, cryptocurrencies like Bitcoin Spark (BTCS), Ethereum (ETH), and Monero (XMR) offer unique opportunities to generate passive income. дальше »

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Lido DAO raise concerns over LayerZero unapproved wstETH bridge on Avalanche, BN, Scroll

Lido DAO has distanced itself from LayerZero’s rollout of a wstETH bridge on Avalanche (AVAX), BNB, and Scroll. In an Oct. 26 statement, the staking protocol said the bridge was “not canonical and has not been audited or endorsed by the Lido DAO. дальше »

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Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said. дальше »

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Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs

The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said. дальше »

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Australian police seize $50m in crypto money laundering scheme

The Australian Federal Police (AFP) has accused Changjiang Currency Exchange of a money laundering scheme. In a press release, the AFP said the operation, codenamed Ironside, resulted from a three-year investigation into the activities of the currency exchange business. Changjiang… дальше »

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Biden to sign executive order regulating AI use in federal government

U. S. President Joe Biden is expected to sign an executive order on artificial intelligence (AI) regulation, the Washington Post said on Oct. 24. The order, which will likely be signed on Monday, Oct. дальше »

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Permabull Anthony Pompliano Calls Bitcoin The “Most Disciplined Central Bank”

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Kraken to turn over select customer data to IRS after July court loss

Kraken alerted users by email t on Oct. 25 that it would provide certain customer information to the Internal Revenue Service (IRS). The crypto exchange company said that the IRS issued a summons in May 2021 and ordered it to provide a variety of records and data. дальше »

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Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges. дальше »

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U.S. Senate's Banking Chairman Says Panel to 'Crack Down' on Crypto's Terrorism Ties

U.S. Sen. Sherrod Brown (D-Ohio) has said the Senate Banking Committee will "crack down on the use of crypto to fund terrorism and evade sanctions" at a time when the U.S. must stand with both Ukraine and Israel as they fight back against Russian President Vladimir Putin and Iranian-backed terrorists like Hamas. дальше »

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UK FCA takes action against rule-breaking crypto firms

The FCA issued a statement on Oct. 25, warning crypto firms that they still need to comply with the new rules on financial promotions for crypto assets. The FCA said it has identified 221 breaches of the rules by crypto… дальше »

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Bitcoin already in fifth bull market, to reach $125,000 by December 2024 – Matrixport

Bitcoin’s (BTC) price is expected to rally to as high as $125,000 by the end of 2024, crypto services provider Matrixport said in an Oct. 26 note shared with CryptoSlate. This prediction is based on the institution’s belief that the market has entered the fifth phase of Bitcoin’s bull market, primarily driven by “the expectations of […] The post Bitcoin already in fifth bull market, to reach $125,000 by December 2024 – Matrixport appeared first on CryptoSlate. дальше »

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JPMorgan’s digital token said to handle $1b in daily transactions

The bank also plans to expand support for fiat currencies to deal with JPM Coin other than the U.S. dollar and euro. JPMorgan’s blockchain-powered stablecoin JPM Coin, pegged to the U.S. dollar, has reached the $1 billion mark in processed… дальше »

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JPMorgan Handles $1B Transactions Daily In Digital Token JPM Coin: Bloomberg

JPMorgan has plans to widen the coin's usage the bank's head of payments Takis Georgakopoulos said in an interview. дальше »

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dYdX published open source code of its blockchain

Crypto exchange dYdX has published open-source code for its new Cosmos-based blockchain. The new code includes “protocol, order book, interface and more,” the release said. The publication of the code is intended to pave the way for the launch of… дальше »

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Sam Bankman-Fried Testifies: What Will He Reveal Under Oath About FTX's Collapse?

Sam Bankman-Fried has said a lot in the months after FTX collapsed about what happened. What's left for him to discuss? дальше »

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Bitcoin’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says

There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said. дальше »

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SBF testimony will detail FTX operations and the role of lawyers

Sam Bankman-Fried’s (SBF) legal team said his testimony would center on his understanding of industry practices and the transfer of FTX assets to Bahamian authorities following the company’s collapse last year. дальше »

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Claims of Hamas receiving crypto donations under question

WSJ's initial report was based on data from Elliptic and BitOK, a Tel Aviv-based software company. Elliptic said WSJ had misinterpreted its data to make the claim. London-based blockchain anThe post Claims of Hamas receiving crypto donations under question appeared first on AMBCrypto. дальше »

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Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year

"GBTC is the gift that keeps giving," one observer said. дальше »

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Polygon’s POL Upgrade Live On Ethereum Mainnet, MATIC To $1?

After months of development and weeks after testnet deployment, the POL upgrade is now live on the Ethereum mainnet. According to an update on October 25, Polygon Labs, the team behind the Ethereum sidechain, Polygon, said the move is a milestone for the project. дальше »

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Elliptic counters WSJ report on the scale of Hamas’ crypto fundraising

Crypto analytics firm Elliptic said in an Oct. 25 blog post that, contrary to mainstream reports, terrorist groups have not received significant crypto donations. On Oct. 10, The Wall Street Journal reported that Hamas, Palestinian Islamic Jihad, and Hezbollah raised hundreds of millions of dollars in crypto between August 2021 and June 2023, in part […] The post Elliptic counters WSJ report on the scale of Hamas’ crypto fundraising appeared first on CryptoSlate. дальше »

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Elliptic debunks WSJ article on Hamas crypto fundraising

Blockchain analytics provider Elliptic refuted claims made in a Wall Street Journal article that misinterpreted its data and incorrectly said Hamas raised millions in cryptocurrencies.  дальше »

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UK’s Financial Conduct Authority says crypto firms are failing to satisfy new promotional rules

The U. K. ’s Financial Conduct Authority (FCA) said on Oct. 25 that many crypto firms are failing to meet its new promotion requirements. The relevant rules came into effect on Oct. 8. Those rules require companies to warn users that they could lose their entire investment by investing in some crypto products. дальше »

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