Financial Conduct Authority warns UK investors not to engage with Bitfinex

The UK’s Financial Conduct Authority (FCA) has issued a warning to investors concerning Bitfinex, which it states may be promoting financial services or products without the regulator’s authorization. The regulator said in... Read more »

SBF Trial – Week 5 kicks off with SBF retaking the stand for an intense cross-examination

The fifth week of the high-stakes trial that has captivated the cryptocurrency world began with Sam Bankman-Fried (SBF) resuming his testimony on the stand before a thorough cross-examination by the prosecution. SBF... Read more »

Brazil reports stablecoin boom as USDT trading volume surpasses all other digital assets combined

Brazil’s Receita Federal — the Special Department of Federal Revenue — has recently reported a substantial increase in the usage of stablecoins, specifically Tether’s USDT. According to the regulator’s report, the volume... Read more »

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... Read more »

Bitcoin’s price surge not reflected by on-chain activity

While Bitcoin’s price saw a substantial increase in the past two weeks, there was a simultaneous decrease in the creation of new addresses and the transaction count on the network. Between Oct.... Read more »

Yuga Labs wins $1.6M in Bored Apes trademark infringement case

On Oct. 26, Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, announced that two individuals who infringed on its brand had been ordered by the court... Read more »

CNBC leads Bitcoin ‘obituaries’ declaring it dead 35 times as it rises 78% YoY

Like a phoenix rising from the ashes, Bitcoin has once again defied critics and bounced back from predictions of its demise. The leading cryptocurrency has faced hundreds of so-called “obituaries” declaring it... Read more »

Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit

MicroStrategy’s Bitcoin (BTC) investment is now in the green, boasting over $110 million in unrealized profits after the flagship asset jumped above $30,000 earlier today, according to CryptoSlate’s data. Saylortracker, a dedicated... Read more »

Morgan Stanley believes crypto winter is over, Bitcoin halving will kick off new bull run

Wall Street giant Morgan Stanley believes that crypto winter is over, and Bitcoin’s next halving will kick off a new bull run as it has in the past. In a recent report... Read more »

Runtime Verification launches universal ZK rollup PI Squared on MultiversX

Runtime Verification, an Illinois-based security audit firm, unveiled a universal zero-knowledge (ZK) rollup ‘PI Squared’ during the third day of the xDay conference organized by MultiversX. PI Squared leverages the MultiversX blockchain... Read more »
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