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UK may ban crypto investment cold calls.
The UK government has proposed banning unsolicited cold calls for all consumer financial products and services, including cryptocurrencies. HM Treasury released a consultation document this week. The ban aims to protect consumers from investment fraud, which has surged as criminals… origin »
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Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers.
The U. S. Treasury Department has proposed updated tax rules aiming to streamline the crypto tax landscape, as reported by the Wall Street Journal. The proposed rules, when fully implemented, will obligate crypto businesses to interact with the IRS in a similar fashion to traditional brokers handling stock and mutual fund portfolios. origin »
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Scammer steals over $50k in crypto from the DEA.
The Drug Enforcement Administration (DEA) was duped out of almost $55,000 in crypto by a con artist. This bold theft used a special mix of surveillance, airdropping, and deception. The US Department of Justice’s DEA division primarily focuses on reducing the movement of illegal drugs into and out of the country. origin »
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ARK Invest and 21Shares join forces for crypto ETFs.
ARK Invest and 21Shares have jointly applied for two futures exchange-traded fund (ETF) products involving ether (ETH) and bitcoin (BTC). The applications lodged with the Securities and Exchange Commission (SEC) by Empowered Funds, the investment advisor for the products, on… origin »
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Solana’s DeFi space shows potential, but what has investors worried?.
Solana recently announced multiple launches and partnerships. Though SOL’s chart was red, a few of the metrics suggested a trend reversal. Solana [SOL] DeFi's Total Value Locked (TVL) haThe post Solana’s DeFi space shows potential, but what has investors worried? appeared first on AMBCrypto. origin »
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Prime Trust’s parent company reports $8m loss due to TerraUSD investments.
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the United States. The… origin »
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Litecoin (LTC) Marks Big Milestone of 175 Million Transactions: Details.
Litecoin celebrates historic milestone origin »
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Dropbox cancels unlimited storage due to crypto mining concerns.
Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… origin »
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Coinstore brand launch conference'23 to be held on 12 September, Singapore.
Coinstore’s Brand Launch Conference 2023 is set to take place on September 12th, 1 PM at The Fullerton Hotel, Singapore. This event is organized by Coinstore and is co-hosted by prominent blockchaThe post Coinstore brand launch conference'23 to be held on 12 September, Singapore appeared first on AMBCrypto. origin »
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Shibarium Goes Viral: When Will BONE and Shiba Inu Finally Pump?.
Shibarium, the blockchain platform that has been making waves in the crypto community, is experiencing a surge in adoption and functionality. With an average block time of just 5. 1 seconds, the platform is designed for speed and efficiency. origin »
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Shiba Inu Whale Buys 708 Billion SHIB, Sparks Speculation Of Price Recovery.
The Shiba Inu community is buzzing with excitement after reports revealed that an anonymous whale had purchased a massive stash of SHIB tokens from the Gemini exchange in a single transaction. Mysterious Whale Makes Massive SHIB Purchase A crypto whale has shocked the SHIB community and crypto space after purchasing 708. origin »
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Powell Speaks At Jackson Hole, Bitcoin Volatility Comes Back With A Vengeance?.
US Federal Reserve (Fed) Jerome Powell spoke at the annual Jackson Hole Economic Symposium, which has significantly pressured the Bitcoin price. Consolidation has been the new normal for BTC over the past few weeks, but with September around the corner, macroeconomic events are likely to exercise renewed influence. origin »
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Magnet Finance rug pulls $6.4m on Base L2.
Coinbase’s Base L2 network faces a new setback as Magnate Finance orchestrates a $6.5 million exit scam using price oracle manipulation. On Aug. 25, ZachXBT, an on-chain analyst and crypto expert, sent out a community alert through X (previously known… origin »
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US drug regulator mistakenly sent $55k to scammer.
US Drug Enforcement Administration (DEA) mistakenly transferred $55,000 to a crypto scammer, exposing vulnerabilities even amidst high-security operations. The scam was uncovered when the US Marshals Service detected the incident. origin »
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PEPE Dives 18% As Weird Token Transfers By Developers Spark Rug Pull Suspicions.
The price of Pepe (PEPE) tumbled over 18% Friday after the meme coin’s team transferred almost 4% of its total supply to exchanges without warning, igniting fears of a potential rug pull. origin »|
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Ethereum staking continues to rise, but an opposing trend emerges.
The total staked ETH was almost 28 million. Staked ETH currently makes up 21.8% of the total ETH supply. Ethereum [ETH] staking has developed a distinct trajectory, separate from the price tThe post Ethereum staking continues to rise, but an opposing trend emerges appeared first on AMBCrypto. origin »
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Balancer says $2.8M still at risk after vulnerability warning.
The vulnerability was not exploited after its discovery on Aug. 22.
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Vessel Capital to create $55 million crypto fund.
Vessel Capital, a venture capital firm, has announced the creation of its $55 million crypto fund. The firm will use its new fund to invest in different crypto projects and web3 infrastructure, according to TechCrunch. The main aim of the… origin »
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Opinion: Why did Bitget seize more than $200,000 of my money?.
Bitget seized more than $200,000 of my cash. Now its executives won’t tell me what they're doing with it, or if they intend to return it. origin »
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Meet the whales: Bitcoin’s biggest holders and their market influence.
Despite cryptocurrency’s decentralized ideals, a select few hold vast amounts of Bitcoin, wielding outsized influence. Who owns the most Bitcoin, and how do these whales sway the market? It has been 15 years since the invention of Bitcoin (BTC), the… origin »
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DongCoin decoded: Delving deeper into South Korea's meme coin revolution.
In the sprawling cosmos of cryptocurrencies, each token carries with it a tale of innovation, disruption, and novelty. Among them, the 'meme coin' segment stands apart for its audacity to combine inteThe post DongCoin decoded: Delving deeper into South Korea's meme coin revolution appeared first on AMBCrypto. origin »
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Magnate Finance's shocking rug pull shakes Base users; millions lost.
The Magnate Finance rug pull is amongst a long list of such attacks afflicting the DeFi sector. The total value locked amounted to $6.4 million. Magnate Finance, a decentralized finance (DeFThe post Magnate Finance's shocking rug pull shakes Base users; millions lost appeared first on AMBCrypto. origin »
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XRP Price At Make-Or-Break Moment, Key Levels To Watch.
The XRP price is facing an extremely crucial juncture, which could become a make-or-break moment for the cryptocurrency. After the XRP token managed to rally almost 100% after the summary judgment in the case between Ripple Labs and the US Securities and Exchange Commission (SEC), there is almost nothing left of the gains just 43 days after the ruling, NewsBTC reported. origin »
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US DEA loses over $50k USDT to scammer in botched transaction: Forbes.
The U. S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether’s USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U. origin »
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Binance urges low cap projects to commit tokens to its savings product.
Binance confirmed to CryptoSlate, in an email dated Aug. 25, that it recently engaged with several low-liquidity tokens, offering recommendations on how they can improve their liquidity. The exchange said the outreach was part of an “ongoing risk management initiative” geared towards “ensuring digital assets [on its platform] continue to meet the high standard level. origin »
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Komodo (KMD) up 50%: why is Komodo price rising?.
Komodo (KMD) token has surprised many after unleashing a 50% price surge that pushed its price to a daily high of $0.3349. The native token of Komodo Platform, the open-source blockchain technology provider and home of Komodo Wallet (a non-custodial crypto wallet), cross-chain DEX, and bridge rolled into one app is today’s top gainer among […] The post Komodo (KMD) up 50%: why is Komodo price rising? appeared first on Invezz. origin »
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Bitcoin Steals Spotlight on German Quiz Show.
Bitcoin made surprising appearance on 'Gefragt – Gejagt,' popular German quiz show aired on ARD origin »
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Cardano's AI Gem AGIX Shines Green in Sea of Red: Here's Main Reason Why.
Cardano-based SingularityNET eyes price rise of its token, AGIX, amid general crypto market downturn, thanks to Nvidia origin »
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Surging US dollar index puts global currencies under pressure ahead of anticipated Powell address.
Quick Take The U. S. Dollar Index (DXY) has surged to break past the 104 mark, a level not witnessed in the last eleven weeks, according to Trading Economics, painting a picture of sustained strength in the U. origin »
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Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K.
ETH fell to as low as $1,547 last Thursday, its lowest price since June. origin »
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Shiba Inu Burn Tracker Unveils SHIB Association, What Is It About?.
A popular Shiba Inu burn tracker has made a significant step in the meme coin’s evolution with the launch of the aptly named SHIB Association, an innovative venture exclusively centered around the Shiba Inu ecosystem. origin »
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Ripple CTO Intrigues XRP Army With Mind-Twisting Tweet.
Top Ripple executive continues to puzzle Ripple community on X (formerly Twitter) platform origin »
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UK Might Ban Crypto Investment Cold Calls.
UK might outlaw crypto investment cold calls, as they expose consumers to scams origin »
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Surge in Bitcoin-margined futures signals gambler’s rush amidst market uncertainty.
Quick Take A notable divergence in futures contracts open interest, margined in USD or USD-pegged stablecoins versus those margined in native coins like Bitcoin, is beginning to emerge. Stablecoins in question include USDT and BUSD. origin »
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Bitcoin, stocks slip after Powell’s Jackson Hole speech.
Bitcoin slipped back below $26k as the crypto market mirrored stocks in reaction to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium. The S&P 500 and Nasdaq saw slight losses on Powell’s remarks that the Fed was “prepared” to hike interest rates further in its bid to bring inflation to 2%. origin »
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Bitcoin: What this new on-chain metric says about the state of BTC.
Using the coinblocks models, Cointime Economics can determine BTC's movement. The on-chain metric can also identify the liveliness or inactivity of the network. After 18 months of intense reThe post Bitcoin: What this new on-chain metric says about the state of BTC appeared first on AMBCrypto. origin »
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Cathie Wood’s ARK Invest Joins Ethereum Futures ETF Race After Spot Bitcoin ETF Delay.
The US Securities and Exchange Commission (SEC) had on August 11 moved to delay its decision on the ARK 21Shares Spot Bitcoin ETF application. Following this, Cathie Wood’s ARK Invest and 21 Shares has moved to apply for a separate Ethereum futures ETF in what many may consider a double-barreled approach for these firms. origin »
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Ark Invest, 21Shares Jump On The Ethereum Futures ETF Bandwagon.
Ark Invest and 21Shares have filed with the SEC to launch an Ethereum Futures ETF, with 21Shares managing the fund's operations. Six other companies are also seeking approval for similar ETFs. The post Ark Invest, 21Shares Jump On The Ethereum Futures ETF Bandwagon appeared first on BeInCrypto. origin »
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Ethereum phone, with preinstalled Ethereum OS, available for preorders.
Ethereum is launching an Ethereum OS smartphone. Ethereum fans can preorder the smartphone by minting certain NFTs. The smartphone will make Ethereum, the largest smart contracts platform, even more decentralized, transparent and censorship-resistant. origin »
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XRP falters at $0.53 - Will sellers gain an edge?.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. XRP’s price action struggled to move aboThe post XRP falters at $0. origin »
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FTX and BlockFi hit by cybersecurity breach.
Both FTX and BlockFi assured users that their internal systems and client funds remained unaffected. It was clarified that Kroll didn't manage account passwords and other data. CryptocurrencThe post FTX and BlockFi hit by cybersecurity breach appeared first on AMBCrypto. origin »
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Ethereum (ETH) Shows Rare Pattern That Might Lead to Massive Rally: Analyst.
ETH may have a bit of a decline before rising higher origin »
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Bitcoin Price Prediction for 2023, 2024, 2025, 2030 and Beyond.
Bitcoin has come a long way since its inception in 2009. From being worth less than a penny initially, it has seen massive growth over the years with some dramatic ups and downs. Today, Bitcoin is emerging as a major alternative asset class and its future valuation prospects remain optimistic. origin »
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DeFi roundup: Liquidity and volume continue to thin.
A lot has been made of the threadbare nature of cryptocurrency trading on centralised exchanges recently. And understandably so, as trading has fallen off a cliff. Last year saw numerous scandals, highlighted by the Terra death spiral and FTX shock. origin »
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Stablecoin volume outpaces Mastercard, PayPal as digital payments wars loom.
Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Intelligence note on Aug. 25. According to Bloomberg Intelligence crypto market analyst Jamie Coutts, stablecoins on several Layer-1 networks transacted $6. origin »
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Binance Crypto Card Curtain Call: Suspension Date Set for Middle East, Latin America.
Binance has announced it will terminate its crypto debit card services in Latin America and the Middle East by September 21, 2023. origin »
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Bitcoin Whales Buy Dip, Addresses Now At Pre-Crash Levels.
On-chain data shows the Bitcoin whales have been buying the dip, as their addresses have surged back towards pre-crash levels again. Bitcoin Whales Have Fully Recovered To Their Pre-Crash Number As pointed out by an analyst in a post on X, the whales appear to have been accumulating recently. origin »
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Domini ($DOMI) vs. Avalanche vs. Stellar: Forecasting the Next Big Investment Wave.
Avalanche ($AVAX) has been going through a rough patch in this month, and similarly, Stellar ($XLM) has been down considerably since around the start of August Meanwhile, Domini ($DOMI) has entered the scene in the context of these top altcoins falling. origin »
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Pivotal Earnings Report from Nvidia Holds Significant Implications for AI-Linked Crypto Tokens.
Сообщение Pivotal Earnings Report from Nvidia Holds Significant Implications for AI-Linked Crypto Tokens появились сначала на Coinstelegram.
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DEA’s Mishandling of Seized Crypto Results in Scammer Getting $50,000.
DEA loses $50K in an address poisoning scam.
The post DEA’s Mishandling of Seized Crypto Results in Scammer Getting $50,000 appeared first on BeInCrypto.
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