Ethereum price drops to a 7-month low as data points to more downside
ETH price is at risk of trading below a key price support, and multiple data points point to a bearish outlook for the altcoin’s price. Ether (ETH) price experienced a…
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 8]
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the…
Coinbase Says New US Tax Proposals Threaten Crypto Industry
Coinbase said new tax proposals by the Internal Revenue Service (IRS) may endanger the US crypto industry and impose ”unprecedented, unchecked, and unlimited tracking on Go to Source
Terraform Labs Sues Citadel Securities, Says “Concerted Intentional Effort” Caused UST To Depeg
Do Kwon’s Terraform Labs is again suggesting that Citadel Securities played a pivotal role in the crash of its TerraUSD (UST) stablecoin in May 2022. Go to Source
US Regulators Sue Voyager Digital, One Says It Was ”A House Of Cards”
Two US regulators filed lawsuits against Voyager Digital founder Stephen Ehrlich accusing him of misleading customers about their assets and taking ”excessive risks” that brought Go to Source
Secret Recording Reveals Caroline Ellison Telling Alameda Employees: FTX “Always Allowed Alameda to Borrow Users’ Funds”
A secret recording from an internal meeting reveals former Alameda Research CEO Caroline Ellison telling employees that FTX had always allowed it to borrow user Go to Source
What is blockchain network congestion?
Blockchian network congestion results in delayed transaction confirmations, increased costs and a slower user experience. Blockchain network congestion, explained Blockchain network congestion refers to a situation where the number of…
SBF’s alleged Chinese bribe, Binance clarifies account freeze: Asia Express
SBF allegedly bribes Chinese officials with $150 million to unfreeze accounts, Binance justifies blocking Hamas users, meanwhile, Huobi hacker returns all $8M in stolen assets. Our weekly roundup of news…
Madeira announces creation of Bitcoin business hub for innovation
The president of Madeira made the announcement during a chat with Prince Filip of Serbia at Bitcoin Amsterdam, pledging an emphasis on collaboration and technology development. President of the Regional…
THORswap back online 6 days after halt over detecting FTX funds
According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain. Decentralized exchange (DEX) THORSwap has resumed operations after…
Blockchain gaming sees $2.3B in investments year-to-date: Report
Data from decentralized app tracking platform DappRadar shows that $600 million in investments flowed into the blockchain gaming space in the third quarter of 2023. Blockchain gaming projects have seen…
Tether stablecoin firm appoints CTO Paolo Ardoino as CEO
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said. Tether, the issuer of the world’s largest stablecoin by market capitalization, is…
Caroline Ellison: Secret recording offers trove of explosive revelations
Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX. The ongoing trial of former FTX CEO Sam…
Bitcoin price gets new $25K target as SEC decision day boosts GBTC
Bitcoin analysis flags liquidity waiting in the wings above and below the current BTC price range, while GBTC erases more of its discount. Bitcoin (BTC) ranged around the key $26,800…
How CBDCs and stablecoins can coexist: FIS panel discussion
Eetu Kuneinen argued against CBDCs as they are “centralized by nature,” saying that certain dangers come with government control. At the recent Future Innovation Summit event held in Dubai, Cointelegraph…