Cryptoverse

Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT.

Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue

TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.

US gov't shutdown looms — 5 things to know in Bitcoin this week

Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly "death cross?"

Mixin Network hack drains $200M from mainnet assets

Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.”

Vitalik wallet sends 400 ETH worth $600K to Coinbase

A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase.

Chainlink downplays worries after users notice quiet change to multisig

Chainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet.

North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, Binance Coin and various stablecoins, including Binance USD.

HK regulator vows to intensify crackdown on unregistered crypto platforms

In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.

JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down.

Crypto exchange Upbit stems fake APT token flood, resumes services

The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, and users found they were able to deposit and sell it on the exchange.

Graffiti artists Street Cy₿er are painting the town Bitcoin

Nine months after launching, the Street Cy₿er artist collective has over 100 street artists, musicians and Bitcoin enthusiasts involved.

Pay-to-use blockchains will never achieve mass adoption

Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money.

Crypto traders shift focus to these 4 altcoins as Bitcoin price flatlines

Bitcoin’s tight range trading points to a potential range expansion and that could trigger a trending move in LINK, MKR, ARB, and THETA.

Miss Universe denies link with recently unveiled coin project

The Miss Universe Organization said that there is no Miss Universe cryptocurrency or blockchain offering involved with the Miss Universe or Miss Universe Philippines.

How to buy Bitcoin in Dubai

Experience zero tax on crypto trades — find out how to buy Bitcoin in Dubai.

BTC price tracks $26.5K as Bitcoin speculator supply hits 12-year low

BTC price action stays firmly within an established range, while analysis shows that overall Bitcoin investor composition is changing.

Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work while her husband will face a plea trial in October.

Terra Classic community elects to cease USTC minting

The community strongly backs stopping TerraClassicUSD (USTC) minting and reminting in favor of burning tokens to restore its US dollar peg.

FTX's former external legal team disputes involvement in fraud allegations

In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities.

Coinbase secures AML registration from the Bank of Spain

The Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain.

Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23

Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network.

What are Bollinger Bands, and how to use them in crypto trading?

Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band.

Coinbase holds 5% of all Bitcoin in existence: Data

While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million worth of Bitcoin found in its wallets.

Coinbase CEO warns against AI regulation, calls for decentralization

Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is better alternative to regulating the space.

Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit

Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS and Bitcoin miners shared their plans for boosting productivity via green energy.

DeFi activity on the decline, but investment rolls in: Finance Redefined

The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data.

Nifty News: Murakami to step back from NFTs, Dan Harmon's NFT Show debut and more...

Takashi Murakami said he might step back from NFTs but stay involved in different ways, Krapoplis is set to debut on FOX this month and an NFT artist won a multi-million dollar contract dispute.

Base surges past Solana as total value locked nears $400M

As per DeFi Llama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million.

How are crypto firms responding to US regulators' enforcement actions?

Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.

Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain

This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.

Coinbase sought FTX Europe acquisition after bankruptcy: Report

To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022.

Architect fintech receives NFA approval to operate as introducing broker

The former FTX.US president founded the company in January to serve institutional investors in crypto and traditional derivatives.

Google Cloud adds 11 blockchains to data warehouse 'BigQuery'

Google’s BigQuery added 11 new public datasets for blockchain networks, allowing users to obtain a variety of data from these networks.

Real estate or Bitcoin: Which is more reliable?

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment.

Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips.

Bybit will suspend services in UK following financial regulator's 'final warning'

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to "regulatory changes".

Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radar

Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda.

Crypto investment firm CoinShares opens hedge fund division for US investors

CoinShares’ subsidiary and broker-dealer registered with the U.S. FINRA will be conducting marketing activities for the new hedge fund division in the United States.

Stablecoin exodus: Why are investors fleeing crypto’s safe haven?

Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop?

Human-readable code: Why branding is the programming language of humans

Successful firms know that branding and marketing don’t happen by magic or according to checklist-type formulae.

Nansen third-party vendor suffers security breach, affects user data

The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident.

Bitcoin mining can help reduce up to 8% of global emissions: Study

The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions.

Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner.

FTX opens lawsuit against former employees of Hong Kong affiliate

The bankrupt crypto exchange FTX has opened a lawsuit against former employees of a Hong Kong affiliate company Salameda to recover $157.3 million.

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.

India to develop dark net monitoring tool to combat crypto fraud: Report

The tool will monitor crypto wallets and alert the Indian Ministry of Home Affairs about irregular transactions, according to a report.

EU Parliament research recommends non-EU nations tighten crypto regulation

Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.

Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period.

Poland probing OpenAI, ChatGPT following GDPR complaint

Poland's data protection watchdog has confirmed it has opened an investigation into OpenAI over a complaint it received from an applicant.

Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

Experts remain divided on when the next bull market is set to kick off, but they all agree on one thing: the next big rally won’t look like the last one.

Nic Carter doubles down on theory Bitcoin was invented by NSA

The decades old ‘NSA created Bitcoin’ theory has again made the rounds on social media, with one Bitcoin advocate adding more weight to his ongoing theory.

China suffers worst capital flight in years, but could it pump Bitcoin?

China's capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto.

‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to Metamask Snaps

“No sugar coating this, it's been a challenging few months,” said Truffle in a social media post on Sept. 22.

Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit

Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed.

Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses

Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.

Judges deny Sam Bankman-Fried's appeal for early release

Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail.

Microsoft unveils AI-powered Copilot for Windows 11

Microsoft has revealed a new set of AI-powered solutions across its products, kicking off with Windows 11 on Sept. 26.

Sky-high interest rates are exactly what the crypto market needs

We can no longer rely on central banks to prop up our investments, which means learning to look at the health of the companies and products in which we invest.

Uniswap launches educational platform with DoDAO

The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit.

Pancakeswap integrates Transak for fiat onboarding on multiple chains

Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak.

Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration

The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications, and data storage solutions.

a16z suggests Machiavelli to fix decentralized governance

In a blog post on Sept 21, a16z's Miles Jennings discusses how decentralized autonomous organizations (DAOs) can avoid power centralization by applying Machiavelli's principles.

UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance

The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.