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Bitcoin (BTC)
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SEC charges Impact Theory over unregistered NFT securities offering.
The charged Impact Theory for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens. origin »
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Robinhood identified as the third biggest Bitcoin whale with $3b wallet.
Robinhood has been identified as the third-largest Bitcoin holder, possessing a wallet valued at over $3 billion, trailing only behind Binance and Bitfinex. origin »
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Crypto lawyer about SEC: ‘Problematic to imply all NFTs are securities’.
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators. origin »
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Is Vitalik Buterin Selling His ETH Stash? Let’s Take A Look At His Transactions.
Ethereum founder Vitalik Buterin has multiple public wallets that carry a significant amount of ETH and these wallets are religiously tracked by on-chain sleuths. This is why whenever the founder makes a withdrawal, the destination of the ETH being sent is closely followed and recent reports reveal that Buterin has been sending significant amounts of ETH out to different wallets. origin »
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South Korea obliges crypto exchanges to hold $2.3m in reserves.
South Korea has set a new reserve requirement for crypto exchanges, mandating them to have at least $2.3 million in reserves. Cryptocurrency exchanges in South Korea with bank-issued real-name accounts will have to reserve 30% of their daily average deposits… origin »
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Undisclosed XRP Memo From 2018 Reopens Old Wounds As Security Arguments Erupt.
The crypto space is abuzz with renewed interest as prominent pro-XRP lawyer and enthusiast, John E. Deaton revealed the existence of an undisclosed XRP memo from years ago. Long-Hidden SEC Memo Unveiled To The Public On August 27, lawyer and digital analyst, Bill Morgan replied to a comment made by a fellow X user, Sandy […] origin »
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Hong Kong places big bets on Web3 — Is there a global hub in the making?.
The Hong Kong government vied for a big chunk of the Web3 investments pie. Hong Kong's opportunity came as the U.S. regulatory climate turned hostile. With key lessons learned over the last The post Hong Kong places big bets on Web3 — Is there a global hub in the making? appeared first on AMBCrypto. origin »
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MATIC traders can watch out for a retest of this level to sell the token.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon investors can wait for the trend tThe post MATIC traders can watch out for a retest of this level to sell the token appeared first on AMBCrypto. origin »
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A Crash Like Amazon’s? This Scenario Could Push Bitcoin Back To $10,000.
Bitcoin (BTC), the leading cryptocurrency in the market, has experienced a significant decline since mid-August, resulting in a stagnant price within a newly formed range. This decline has occurred amidst what many believe is an extended bear market in cryptocurrency, causing concerns about the future of Bitcoin’s bull cycles. origin »
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1inch Investment Fund buys $10m worth of Ethereum.
1inch Investment Fund has purchased 6,088 ETH for $10 million, taking advantage of the Ethereum price dip. origin »
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Bitcoin Bull Run Incoming? This Metric Could Suggest So.
On-chain data shows a Bitcoin metric is forming a pattern that may hint that a bull run could be coming next for the asset. Bitcoin HODLer Growth Rate Has Seemingly Reached The “Plateau” Stage In a new post on X, the analyst Charles Edwards shared a chart highlighting a pattern that the BTC “HODLer Growth Rate” indicator may be forming. origin »
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China combats struggling financial markets with tax cuts.
Quick Take In a determined bid to reanimate its ailing financial markets, China has slashed stock trading taxes by half, as reported by market analyst Ayesha Tariq. Alongside this, the government has directed state-owned banks and funds to invest in stocks, adding a new layer of complexity to the nation’s economic landscape. origin »
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NFTs In Legal Crossroads: SEC Lawsuit Questions Securities Status.
In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against media and entertainment company Impact Theory. origin »
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The Next Big Evolution in MOBA Shooters Will Arrive on September 3rd, 2023, courtesy of PLAYA3ULL GAMES.
The creative minds behind the most recent gaming innovations, PLAYA3ULL GAMES, are pleased to present NEXUS, a third-person Multiplayer Online Battle Arena (MOBA) shooter game poised to raise the bar on gaming. origin »
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Ethereum Fee Drops To 6-Month Lows, Investors Disinterested?.
Data shows the Ethereum total transaction fee has declined to 6-month lows recently, indicating that investors aren’t engaging much with the coin. Ethereum Daily Total Transaction Fee Has Declined Recently According to data from the market intelligence platform IntoTheBlock, the transfer fees on the ETH blockchain have dropped to just 1,720 tokens recently. The indicator […] origin »
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A Completely Decentralized OTC Application By Revolut.
Revolut is a completely decentralized payment platform that is integrated across the globe. This forward-thinking initiative, which was developed via the cooperation of global consensus-builders, enables users to transact using local currencies on a global scale while gaining access to localized preferential policies. origin »
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Binance considers exit from Russia following sanction violations.
The world’s largest crypto exchange is reportedly reevaluating its business in Russia. origin »
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Chainlink: How the latest update can affect Link prices.
LINK was down by more than 4% in the last seven days. Selling pressure on Chainlink was high, but a few indicators looked bullish. Like most cryptos, Chainlink’s [LINK] price chart remThe post Chainlink: How the latest update can affect Link prices appeared first on AMBCrypto. origin »
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Europe’s first Bitcoin ETF receives ESG label.
Jacobi Asset Management declares its Bitcoin ETF as an ESG-compliant fund under EU rules. origin »
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Ripple schedules party to celebrate victory against SEC.
Ripple announced a Sept. 29 party in New York to celebrate a recent legal win when its native token XRP was considered not a security. In an Aug. 28 tweet, Ripple announced the party. In a separate thread, the firm’s… origin »
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Binance Will Halt These 39 Liquidity Mining Pools This Week.
On Sunday, Binance announced that it will halt 39 liquidity mining pools this week following the latest assessment. As a result of a supposed failure to pass this assessment, these 39 liquidity pools are expected to stop operating on September 1, 2023. origin »
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Robinhood holds over $3B in Bitcoin, ranks alongside Binance and Bitfinex’s biggest wallets.
According to a report by Arkham Intelligence published around Aug. 27, Robinhood allegedly holds more than $3 billion of Bitcoin in a single address Those findings show that Robinhood holds 118,300 BTC of Bitcoin (BTC), which is valued at $3. origin »
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Australian Regulator Takes Hyper-Vigilant Stance on ‘Digitally Enabled Misconduct’.
The Australian Securities and Investment Commission (ASIC) has identified crypto as a top regulatory concern, planning to implement measures to tackle crypto scams and educate the public about crypto risks. origin »
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Crypto An Exit? US Banks Share Data With FBI Without Legal Process.
The principles that allow the creation of crypto are similar to those that proclaim the need to protect people’s privacy. In the US, several developments suggest this privacy could be in danger, as it is the nascent industry that could provide an alternative to the current financial system. origin »
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DOJ seeks to bar Sam Bankman Fried’s expert witnesses from testifying.
In a new motion submitted to New York courts, the U.S. Department of Justice wants to exclude all of Sam Bankman-Fried’s expert witnesses from testifying on the case. origin »
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Binance mulls exiting Russian market.
Binance could leave the Russian market following controversies around its in the region, the Wall Street Journal reprted on Aug. 28. In a statement quoted by the newspaper, one Binance representative said that “all options are on the table, including a full exit. origin »
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Genesis and DCG reach in-principle agreement to recover creditors’ funds.
Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is still subject to several handles, but Genesis expects the agreement to be completed in the coming weeks. origin »
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SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks.
Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer. origin »
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Here Is the Full List of Spot Bitcoin ETF Applications and Deadlines.
With cryptocurrency becoming an increasingly prevalent force in the global financial landscape, Bitcoin ETFs represent a pivotal juncture. This is particularly the case in the United States, where the integration of cryptocurrency into the fabric of mainstream financial instruments has been met with both enthusiasm and caution. origin »
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NFT market witnesses lowest transaction volume in two years.
The NFT market has experienced a significant downturn in the last 7 days, with trading volume of just $8.9 million — the lowest figure observed in the past two years. origin »
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NFTs Hit by SEC, Crypto Mom Speaks Out.
The U.S. Securities and Exchange Commission (SEC) has taken its inaugural legal action against a non-fungible token (NFT) offering, putting the burgeoning digital asset class under a new spotlight of regulatory scrutiny origin »
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Traders’ Patience Fades: Bitcoin Price Stuck At $26,000, But Can It Hold?.
The Bitcoin price has barely moved a few hundred dollars since late last week, but a vital metric hints at another aggressive move. In the meantime, the cryptocurrency is likely to keep trading sideways until another liquidation event flips momentum into a specific direction. origin »
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SBF’s Lawyers Dispute Last-Minute ‘Millions of Pages’ Evidence Dump.
Lawyers for Sam Bankman-Fried claim US prosecutors are acting unethically, compromising his chances of a fair trial. The post SBF’s Lawyers Dispute Last-Minute ‘Millions of Pages’ Evidence Dump appeared first on BeInCrypto. origin »
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Shiba Inu: Shibarium Reaches First Major Milestone.
Shibarium, the layer-2 scaling solution for the Shiba Inu cryptocurrency, has crossed a major threshold, amassing over 100,000 wallet addresses origin »
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Bitcoin Bullish Uptrend Remains Unbroken, Here’s Why.
Bitcoin price is currently trading at slightly above $26,000 per coin, but is still reeling after last week’s 10% single day selloff. The situation looks dire for crypto bulls who were hoping for a more significant recovery to begin after such prolonged sideways. origin »
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Filecoin finds recovery elusive after hitting long-term support.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. FIL retested a key support zone, but thereThe post Filecoin finds recovery elusive after hitting long-term support appeared first on AMBCrypto. origin »
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Argo records $18.8m net loss despite increased mining efforts.
Despite trimming debt and operational expenses, Argo Blockchain posted a net loss of over $18 million in H1 2023, records show. Argo Blockchain, a leading crypto mining company (LSE: ARB; NASDAQ: ARBK), has released its performance report for the first… origin »
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Breaking: Grayscale wins SEC lawsuit.
The judge's order does not guarantee the eventual listing of a Grayscale spot Bitcoin ETF.
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1inch Investment Fund Just Bought $10 Million of Ethereum (ETH), Why are Big Boys Stacking?.
On August 28, a crypto wallet associated with 1inch Investment Fund, “0x225d3822de44e58ee935440e0c0b829c4232086e”, bought 6,088 Ether (ETH) at $1,655 spending $10 million on the trade, data from Lookonchain, a blockchain analysis platform, shows. origin »
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South Korean Crypto Exchanges To Face New Reserve Requirement Starting September.
South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2. 3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain. origin »
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CoinSwitch downsizes customer support amid CoinDCX layoffs.
Major Indian crypto exchange CoinSwitch has laid off some members of its customer support team amid uncertain crypto regulation and stringent crypto taxation. CoinSwitch, a crypto exchange backed by Andreessen Horowitz and Coinbase Ventures, has axed 44 employees from the… origin »
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Balancer Falls Victim To Hack After Warning Of Critical Vulnerability: Funds Lost.
In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a critical vulnerability impacting multiple Pools. The attack, which took place on August 27, resulted in a loss of nearly $1 million for Balancer. origin »
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Argo Blockchain cuts 2022 debt by half, down to $75M.
Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.
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Spotify Introduces Token-Enabled Playlists for NFT Holders.
Spotify pilots a new feature allowing NFT holders to access exclusive playlists. Available only to Premium users in select countries, the initiative poses both opportunities and challenges for artists and listeners alike. origin »
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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. origin »
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Pepe Coin Price Continues to Fall After Team Stole $15M – Is It Going to Zero? .
The influential meme coin, Pepe Coin ($PEPE), has dropped by nearly 40% in the past two weeks, following rogue members of its team stealing $15m worth of tokens. Due to the FUD generating, Pepe looks unlikely to ever regain its previous highs, causing traders to look for alternative meme coins. origin »
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CoinsPaid reveals how job offer led to $37m hack.
The CoinsPaid attack was a six-month-long operation that involved infiltrating the company and was likely carried out by the North Korean hacker group Lazarus. In a lengthy Twitter thread published on Aug. origin »
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SEC Takes First Enforcement Action in the NFT Space .
The SEC targets Impact Theory in its first NFT-related enforcement action for selling unregistered securities. The case highlights SEC internal divisions. The post SEC Takes First Enforcement Action in the NFT Space appeared first on NFT News Today. origin »
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Bitcoin Hashrate Stays High Despite Hashprice Falling To Historical Lows.
Data shows the Bitcoin mining hashrate has remained at high levels recently, despite the hashprice observing a deep plunge. Bitcoin Hashrate Has Continued To Be Near All-Time Highs Recently The “mining hashrate” refers to the total computing power currently connected to the Bitcoin blockchain. origin »
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What zkSync Era's latest milestone means.
In the past 3 days, zkSync Era has achieved its highest and second-highest volume. The TVL and stablecoin market cap has, however, declined. The zkSync Era has recently achieved a historic mThe post What zkSync Era's latest milestone means appeared first on AMBCrypto. origin »
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