Mt. Gox delays Bitcoin refunds, but is it really the end of BTC's troubles?

Gox Bitcoin custodians to delay issuance by an extra year. BTC volumes have dipped in the last seven months as a result of low liquidity. Earlier this year, the custodians of the Mt. Gox BiThe post Mt. дальше »

136 +

Appeals court denies Sam Bankman-Fried’s second attempt at bail

Three judges in an appeals court have denied former FTX CEO Sam Bankman-Fried’s bail request, according to a court filing on Sept. 21. Those judges, all on the 2nd U. S. Circuit Court of Appeals in Manhattan, found no error in an earlier decision by U. дальше »

186 +

Sustained Bitcoin mempool congestion shows unwavering demand for Ordinals Inscriptions

Earlier this year, the market saw an unprecedented uptake of Ordinals and its associated Inscriptions. Ordinals serve as a unique numbering scheme for satoshis, allowing users to track and transfer individual sats. дальше »

152 +

Polygon zkEVM completes Dragonfruit update, but concerns persist 

zkEVM’s daily active addresses have declined.  Uniswap submitted a proposal seeking a friendly hardfork on Polygon zkEVM. As reported earlier, Polygon [MATIC] zkEVM was expecting a new neThe post Polygon zkEVM completes Dragonfruit update, but concerns persist  appeared first on AMBCrypto. дальше »

202 +

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing. дальше »

43 +

Bitboy receives over $59k in crypto donations, driving community outrage

Crypto influencer Ben Armstrong, better known as “Bitboy,” has secured $59,000 in rapid crowdfunding amid legal battle, sparking community backlash. Armstrong tweeted an emotional video earlier today, pleading with the crypto community for donations. He disclosed the emotional and financial… дальше »

2672 +

Bitcoin Exchange Supply Plunges Again, Erases Recent Increase

On-chain data shows the Bitcoin exchange supply has resumed its downtrend recently, after earlier deviating towards a rise. Bitcoin Percent Supply On Exchanges Has Dropped To 11.8% As pointed out by an analyst in a post on X, the BTC exchange supply is back to its year-to-date (YTD) lows. The relevant metric here is the […] дальше »

191 +

SHIB Burns Suddenly Jump While New Shibarium BONE Tracker Emerges

Burn rate of Shiba Inu suddenly demonstrated negative reading earlier today as 100 million SHIB burned in one move дальше »

220 +

DeFi protocol Balancer suffers $240k loss in front end compromise spurred by DNS attack

Around $240,000 worth of digital assets have been stolen through a frontend compromise of DeFi protocol Balancer, according to blockchain security firm Peckshield. Earlier today, Balancer confirmed that its front end was under attack and urged users to avoid interacting with the interface until further notice. дальше »

206 +

Dogelon Mars (ELON) sees spike in network growth- can price follow?

Dogelon Mars (ELON) price is up 5% in the past week. The meme token has seen a spike in network activity as increased discussion adds to address growth. Dogelon Mars (ELON) is one of the many meme coins that have recently seen significant declines, most notably as the broader market struggled with downside pressure earlier […] The post Dogelon Mars (ELON) sees spike in network growth- can price follow? appeared first on CoinJournal. дальше »

190 +

Crypto Wants a De Minimis Tax Exemption in the U.S.

The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this month. дальше »

159 +

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service

Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider pulls support for the exchange on Sept. 25. дальше »

132 +

Hong Kong's central bank warns against these crypto firms

Hong Kong's financial regulator earlier called out JPEX for operating in the region without approval. The central bank, HKMA, alerted that such businesses didn't come under its purview.  HoThe post Hong Kong's central bank warns against these crypto firms appeared first on AMBCrypto. дальше »

168 +

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week. дальше »

53 +

Hong Kong crypto exchange responds to 'suspicious features' claim

The SFC's statement, issued earlier, stated that no entity within the JPEX group possessed an SFC license. Hong Kong has been actively aiming to provide a secure environment for both cryptocurrThe post Hong Kong crypto exchange responds to 'suspicious features' claim appeared first on AMBCrypto. дальше »

183 +

ByBit denies earlier reports that the exchange will exit UK

ByBit announced on Sept. 14  that it intends to continue operating its crypto exchange in the U. K. , contradicting earlier reports that it would exit that country. On Twitter/X, a company spokesperson wrote: “We consider the UK to be a highly important market for the advancement of crypto and blockchain technologies. дальше »

219 +

Bybit denies earlier reports that the exchange will exit UK

Bybit announced on Sept. 14  that it intends to continue operating its crypto exchange in the U. K. , contradicting earlier reports that it would exit that country. On Twitter/X, a company spokesperson wrote: “We consider the UK to be a highly important market for the advancement of crypto and blockchain technologies. дальше »

188 +

Deutsche Bank Makes Major U-Turn on Crypto

In surprising policy shift that stands in stark contrast to earlier warnings from its chief investment strategist, Ulrich Stephan, Deutsche Bank has announced partnership with Swiss cryptocurrency firm Taurus to offer digital asset custody services дальше »

152 +

Dogecoin Key Challenge: Will The $0.06 Support Level Hold?

Dogecoin (DOGE) has had its share of ups and downs. Recently, as the altcoin market experienced a significant selloff, DOGE found itself caught in the turmoil, succumbing to substantial outflows earlier in the week. дальше »

162 +

Berlin based crypto custodian Finoa to offer access to regulated DeFi

Finoa was approved by the German financial regulator BaFin earlier this year. Finoa will offer FinoaConnect to its 300-plus institutional clients. The FinoaConnect is a wallet integration with a curated list of permissioned DeFi platforms, web3 applications and blockchain governance scenarios. дальше »

162 +

Bitcoin Flash Crashes To New H2 2023 Lows, $20,000 Incoming?

Bitcoin, the world’s most valuable cryptocurrency, is free-falling, looking at price action on September 11. From the daily chart, BTC is trading at $25,135, a marginal improvement after dropping to H2 2023 lows of $24,951 minutes earlier following an unexpected dump in the early trading hours of the New York trading session. дальше »

204 +

Coinbase raises USDC interest rate to 5%

Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the company’s website, the increase marks an impressive 150% bump from the 2% reward rate on USDC that was active as of June 9. дальше »

170 +

Tornado Cash developer pleads not guilty to charges of conspiracy, money laundering

Roman Storm, a key developer behind cryptocurrency mixer Tornado Cash, pleaded not guilty to several criminal charges, Inner City Press said on Sept. 6. That report indicates that Storm pleaded not guilty to charges contained within an earlier indictment. дальше »

155 +

Tornado Cash developer Roman Storm pleads not guilty to charges of conspiracy, money laundering; released on $2M bond

Roman Storm, a key developer behind cryptocurrency mixer Tornado Cash, pleaded not guilty to several criminal charges, Inner City Press said on Sept. 6. That report indicates that Storm pleaded not guilty to charges contained within an earlier indictment. дальше »

194 +

FASB Votes In Favor of Fair Value Accounting For Bitcoin

The rules are set to go into effect as soon as 2025, but companies will be able to apply them earlier than that. дальше »

194 +

Genesis Global Trading to close its over-the-counter trading platform

Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay back its creditors. Genesis’ parent company DCG came to its rescue and reached an in-principle agreement with creditors. дальше »

150 +

Ethereum: What's behind the sudden surge in withdrawals?

Ethereum's withdrawals constituted the full validator amount, rather than partial withdrawals. ETH staked supply hit a fresh all-time high. The launch of the Shapella upgrade earlier in the The post Ethereum: What's behind the sudden surge in withdrawals? appeared first on AMBCrypto. дальше »

179 +

Why Bitcoin mining may not be the power guzzler you think it is

The revised annual estimate for Bitcoin mining in 2o21 was 14% less than the earlier estimate. CBECI indicated that the option of lowering carbon emissions estimates was also on the table. дальше »

134 +

Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38M

Network activity has started to chug along since an earlier glitch was solved last weekend. дальше »

131 +

SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity

The U.S. Securities and Exchange Commission (SEC) delayed making a decision on any bitcoin exchange-traded fund applications filed earlier this year. дальше »

129 +

Bitcoin futures show renewed confidence amidst price surge

Earlier this week, Bitcoin broke above the $27,000 barrier on the news about Grayscale’s court victory against the SEC. The decision marks a pivotal win for Grayscale and carries profound ramifications for upcoming spot Bitcoin ETF applications. дальше »

126 +

Binance pushes new stablecoin as it confirms plan to cease BUSD support

Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time. дальше »

44 +

Crypto Asset Manager Grayscale Wins Lawsuit Against SEC

In a major legal victory for the cryptocurrency industry, Grayscale Investments has won its lawsuit against the Securities and Exchange Commission (SEC). Earlier this year, Grayscale filed the lawsuit after the SEC rejected its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). дальше »

198 +

Uzbekistan Set to Implement Framework for Registering Crypto Miners

Earlier this month, NAPP approved two banks to be participants in the national digital sandbox for regulations. When asked about the agency's regulatory sandbox, Pak noted that currently, three participants are registered. дальше »

105 +

Assessing PayPal USD's [PUSD] performance weeks after its launch

At press time, PYUSD’s market cap was under $5 million. PayPal USD trailed behind over 30 stablecoins as adoptions drag. The payment giant PayPal introduced PayPal USD [PYUSD] earlier thiThe post Assessing PayPal USD's [PUSD] performance weeks after its launch appeared first on AMBCrypto. дальше »

154 +

USDC market cap hits two-year low even after Coinbase stake

The USD Coin (USDC) market cap is currently at a two-year low, with analysts saying it’s yet to fully recover after depegging earlier in the year. Data from CoinGecko shows that USDC has a market value just north of $26… дальше »

157 +

Why XRP Holders’ Attorney Says Hinman and Clayton Should Testify In Ripple vs. SEC Case

174 +

Crypto Scammers Outwit DEA In Airdrop Ploy, Walk Away With $55,000+ Stablecoins

Crypto scammers dealt a blow to the United States Drug Enforcement Administration – the agency tasked with enforcing the country’s drug laws – by making off with $55,000 in seized Tether (USDT) earlier this year. дальше »

163 +

Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’

Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »

183 +

Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says

A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets. дальше »

155 +

XRP whale moves 29 million tokens to Bitstamp amid price slide

Additional information suggests the possibility that this whale might be selling their XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier. дальше »

269 +

Why altcoin volumes struggle to soar despite Ripple ruling buzz

Altcoin trading level has fallen below its earlier year level. XRP, which sparked a minor rally, has also retraced in volume and price. Some observers thought the ruling on Ripple [XRP] couThe post Why altcoin volumes struggle to soar despite Ripple ruling buzz appeared first on AMBCrypto. дальше »

270 +

Logan Paul Faces Wrath of Community Over Unsettled $1,500,000 CryptoZoo Compensation

In a whirlwind of controversy, Logan Paul’s involvement with the crypto NFT project ‘CryptoZoo’ has been under intense scrutiny. Earlier this year, Paul announced a plan to compensate investors with a staggering $1. дальше »

149 +

Citadel-backed EDX Markets chooses Anchorage for crypto custody

EDX Markets — the cryptocurrency exchange backed by Charles Schwab and Citadel Securities — proceeds with Anchorage Digital as its digital asset custodian. Following its launch earlier this year, EDX Markets explained that the partnership with Anchorage Digital will allow… дальше »

404 +

By The Numbers: Deciphering XRP’s Lost Momentum Amid The SEC Lawsuit

The US Securities and Exchange Commission’s (SEC) legal tussle with Ripple over the XRP token may have significantly set its trajectory back in the US market. Crypto lawyer John Deaton explained this in an X (formerly known as Twiter) post uploaded earlier today, shedding light on the ramifications of the SEC’s lawsuit on XRP’s potential adoption in the US. дальше »

303 +

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month. дальше »

140 +

Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand. дальше »

109 +

Coinbase reports subdued interest in debt buyback adjusts offer

Coinbase’s announcement on Aug. 21 disclosed that their buyback program, initiated earlier this month, has garnered slightly above $50 million in bond tenders. As a response, the exchange has increased its offering on the 3.625% Senior Notes maturing in 2031… дальше »

593 +

Vitalik Buterin stirs market uncertainty with $1M Ethereum transfer to Coinbase

According to on-chain data, a wallet associated with Ethereum (ETH) co-founder Vitalik Buterin sent 600 Ether worth roughly $1 million to Coinbase earlier today. The motive behind the transaction remains speculative as of press time. дальше »

257 +

FTX Debtors Revise Settlement Proposal After Objection From U.S. Trustee

Bankrupt crypto exchange FTX's debtors have revised their motion for settlement after the U.S. Trustee objected to an earlier motion. дальше »

116 +