Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement

Ripple CEO Brad Garlinghouse said the U.S. SEC’s actions toward the crypto industry have failed in protecting investors and needs to reassess its regulatory strategy. Speaking to CNBC’s Dan Murphy at the Ripple Swell conference in Dubai, Garlinghouse expressed concern about the SEC’s focus and questioned: “Who are they protecting in this journey?” The CEO […] The post Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement appeared first on CryptoSlate. дальше »

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Justin Sun’s Crypto Exchange Poloniex Exploited For $126 Million, Offers Hacker 5% Bounty

Justin Sun-owned Poloniex exchange Poloniex has suffered a major security breach affecting approximately $126 million in crypto assets after hackers drained its hot wallet. Sun said Poloniex will reimburse all affected users and is willing to give the hacker a 5% bug bounty to return the stolen funds. дальше »

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Ethereum Insider Drops Bombshell: ETH Founders’ Fraud Bigger Than FTX Fraud – Updated

Update: Former Ethereum lawyer Steven Nerayoff has said that he plans to begin dropping proof to back up his claims that there is a massive fraud at the center of the second-largest blockchain network in the world in less than a week. дальше »

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Jimmy Song: Fiat Withdrawal Symptoms

No one said withdrawing from a fiat money addiction was going to be easy. Freedom from debt service requires new priorities as one escapes the trappings of a high time preference life. From “The Withdrawal Issue”. дальше »

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What next for Bitcoin as a BTC ETF approval seems imminent

Fox reporter said that ETF approval may happen in January. Trader behavior remains slightly bearish, even though BTC's price soars. As the market adapted to the recent Ethereum [ETH] ETF newThe post What next for Bitcoin as a BTC ETF approval seems imminent appeared first on AMBCrypto. дальше »

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JPMorgan launches programmable payments on JPM Coin

Wall Street giant JPMorgan has officially launched programmable payment functionality on its institutional blockchain platform, JPM Coin, according to Onyx head of coin systems Naveen Mallela. Mallela said the new solution is a “holy grail” for the JPM Coin platform and expects it to open a new frontier in digital finance. дальше »

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QCP Capital optimistic about spot BTC and ETH ETFs

The Singapore-based crypto trading firm said a narrative around spot ETH ETFs should fuel market sentiment ahead of a widely anticipated green light for similar products tied to Bitcoin spot prices. дальше »

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Justin Sun offers 5% bounty as Poloniex losses cross $100 million

The Tron founder said Poloniex hackers have seven days to return a bulk of the funds in exchange for a white hat bounty or law enforcement would be engaged for a remedy. дальше »

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$32M vulnerability in Perpetual Protocol uncovered by Chainlight nets $10k in white hat rewards

Blockchain security firm Chainlight said it received a $10,000 bounty for uncovering a potential vulnerability that could have jeopardized $32 million in customer funds on Optimism-based decentralized exchange (DEX) Perpetual Protocol. дальше »

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Poloniex hit by $100 million theft, hacker boosts Tron’s TRX

Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information. дальше »

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Nigeria and UK foundation launch Code Clubs for digital literacy

Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their everyday lives. дальше »

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UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients. дальше »

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Bitwise Asset Management distances itself from failed startup of same name

Bitwise Asset Management said that it has no connection with another firm of the same name whose founders are facing charges. The asset management firm wrote on Nov. 9: “San Francisco-based Bitwise Asset Management, Inc. дальше »

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European Parliament approves controversial Data Act, which may require kill switches on smart contracts

The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set out rules in various areas, including smart contract development. The current announcement says that the act has been adopted with 481 votes in favor and 31 votes against, with 71 abstaining votes. дальше »

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Bitcoin Surge To $37,000 Flushes $157 Million In Crypto Shorts

Data shows a huge amount of liquidations have occurred on the crypto futures market today following Bitcoin’s sharp surge toward $37,000. Crypto Futures Market Has Registered Mass Liquidations During Past Day A futures contract is said to be “liquidated” when the derivative exchange with which it’s open forcefully closes it up due to the position […] дальше »

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SEC sees Binance’s arguments for lawsuit dismissal as absurd

The U. S. Securities and Exchange Commission (SEC) said that Binance’s attempts to dismiss the lawsuit against it are invalid. The regulator called the company’s arguments “absurd. дальше »

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UV-A lights at ApeFest caused eye and skin problems, Yuga Lab confirms

Yuga Labs, the company behind the Bored Ape Yacht Club, said the eye and skin complaints raised by ApeFest attendees were caused by “UV-A emitting lights installed in one corner of the event,” according to a Nov. дальше »

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Cardano-Based DEX MuesliSwap to Open Refund Site 'Soon' as Some Users Voice Concerns

The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time. дальше »

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Ripple CEO gets ready for XRP fight in Supreme Court

Brad Garlinghouse, Ripple CEO, said his firm will take its case against the US Securities and Exchange Commission (SEC) to the Supreme Court. Speaking at DC Fintech Week 2023, Garlinghouse explained how his firm was offered to settle the case… дальше »

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Analyst Endorses MATIC, Time To Double Down On Polygon And Ethereum Layer-2 Tokens?

Ryan Sean Adams, a vocal Ethereum commentator and crypto investor, is bullish on MATIC, the native token of Polygon. Taking to X on November 8, Adams said MATIC should be a top-10 crypto asset, adding that people are asleep on layer-2s. дальше »

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U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry. дальше »

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SEC yet to indicate approval timeline, says Grayscale CEO on spot Bitcoin ETFs

Michael Sonnenshein, Grayscale CEO, said his firm has not received any word about approval for spot Bitcoin ETFs from the Securities and Exchange Commission (SEC) leading up to a window where all 12 applications could receive the green light. дальше »

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BIS Researchers Say Stablecoins Are Failing to Live Up to Promise

For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said. дальше »

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UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector. дальше »

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EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers

Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said. дальше »

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Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million worth of USN stablecoins into Tether’s USDT. дальше »

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Investment Adviser Two Prime Sees $2B in Demand for Bitcoin-Backed Loans

"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said. дальше »

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I asked ChatGPT what the future holds for Shiba Inu, it said...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. One of the market's most popular memecoins, The post I asked ChatGPT what the future holds for Shiba Inu, it said... appeared first on AMBCrypto. дальше »

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Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

A founder who attended Yuga Labs’ recent Ape Fest in Hong Kong has sent legal notice to the company after suffering eye damage related to the event. Asif Kamal, founder of the art-tech and NFT company Artfi, said that he fell ill to a “widespread eye infection outbreak” during the Bored Apes Yacht Club-themed event, […] The post Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs appeared first on CryptoSlate. дальше »

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Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

Michael Barr, vice chair for supervision at the U. S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to reports from Bloomberg, Barr said: “There is interest in strong, federal regulation of stablecoins that makes sure the Federal Reserve can approve, regulate and enforce against stablecoin issuers, including wallets. дальше »

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Acting OCC chief says tokenization holds immense promise, but crypto still risky

The acting chief of the U. S. Office of the Comptroller of the Currency (OCC), Michael Hsu, said he is optimistic about the transformative potential of tokenization but continues to be wary of the crypto due to high levels of risk. дальше »

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U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud

Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency. дальше »

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BTC’s top critic creates token behind Binance

Binance CEO Changpeng Zhao said famous economist Nouriel Roubini used his company's logo without permission for promotional purposes. дальше »

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Kraken’s ambiguous response fuels speculation of layer-2 network development

Kraken said it is “always looking to identify and solve for new industry challenges and opportunities,” in a Nov. 7 email sent to CryptoSlate. The exchange made this statement in response to recent speculations about its potential development of a layer-2 network. дальше »

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Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody

“We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said. дальше »

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SEC Commissioner emphasizes the need for clarity in crypto regulation

Uyeda pointed out that enforcement should not overshadow the various challenges faced by global market participants. He said SEC should have proactively contributed to creating regulatory guidaThe post SEC Commissioner emphasizes the need for clarity in crypto regulation appeared first on AMBCrypto. дальше »

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Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. дальше »

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Elon Musk denies that X, Tesla, or SpaceX will ever issue crypto tokens

Billionaire entrepreneur Elon Musk said in a social media post on on Nov. 3 that his various companies will never issue a cryptocurrency token. Musk stated: “To be super clear, none of my companies will ever create a crypto token. дальше »

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Did BNB Chain overcome its security challenges in Q3?

Implementing the Plato and Hertz hard forks helped mitigate the risk of attacks on the BNB Chain. A total of 126 incidents occurred, with over $43 million lost. Many things can be said aboutThe post Did BNB Chain overcome its security challenges in Q3? appeared first on AMBCrypto. дальше »

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SEC Commissioner pushes agency to impose stronger preventative measures on crypto industry

In a Nov. 6 speech, Republican SEC Commissioner Mark Uyeda said the watchdog needs to reassess its approach to the crypto industry. According to Uyeda, regulatory clarity is the need of the hour, and the SEC has the power to establish it. дальше »

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Ripple’s XRP On The Verge Of Ultimate Price Explosion To $1 As Whale Accumulation Skyrockets

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Hong Kong’s HashKey exchange to list Uniswap token

The addition of Uniswap will be available for professional investors only, HashKey said. Hong Kong cryptocurrency exchange HashKey Exchange is expanding its list of supported assets with Uniswap (UNI) as the firm doubles down on its regional strategy. On Nov.… дальше »

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Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows

The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said. дальше »

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Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs

Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported. дальше »

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There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said. дальше »

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Bitfinex suffers phishing attack, says there is ‘no loss of funds’

Сrypto exchange Bitfinex resolved a security incident and contacted all customers affected by a phishing attack. However, no funds have been lost. Crypto exchange Bitfinex said in a blog post it had suffered “a minor information security incident,” affecting customer… дальше »

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Crypto lawyer John Deaton believes Ripple has 90% chance of winning SEC lawsuit

Well-known cryptocurrency attorney John Deaton believes that the SEC only has a 10% chance of winning its dispute with Ripple, with 90% odds in the company’s favor. Deaton said that a settlement of $20 million or less would represent a significant legal triumph for Ripple, a sentiment echoed by many in the cryptocurrency community. дальше »

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ChatGPT seems to be confident in MATIC's future - Here's what 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] rose to the price level of $The post ChatGPT seems to be confident in MATIC's future - Here's what it said appeared first on AMBCrypto. дальше »

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SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says

Former FTX CEO Sam Bankman-Fried may not receive a maximum sentence, CNBC said on Nov. 4, citing statements from former government prosecutors. Renato Mariotti, once a prosecutor within the U. S. дальше »

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NFT marketplace OpenSea cuts 50% of jobs amid restructure

Opensea CEO Devin Finzer said the firm took the decision as it was creating a new foundation for OpenSea 2. 0. 95% of NFTs have no value at all, as per a recent report on the state of NFTs. дальше »

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