Bitcoin (BTC) stuck to $26,500 into the Sep. 24 weekly close as exchange trader “accumulation” continued. BTC/USD 1-hour chart. Source: TradingView Analysis: BTC price “not ready to make a move” Data from Cointelegraph Markets Pro and TradingView showed BTC price stability holding firm over the weekend. Bitcoin had delivered a cool end to the Wall Street trading week, having also…
Month: September 2023
Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing
The Melbourne couple who accidentally received 10.5 million Australian dollars (AUD), or almost $6.6 million, will be facing a plea trial in October for a theft charge after spending the funds that they received by mistake in 2021. In May 2021, Thevamanogari Manivel transferred funds to her partner Jatinder Singh’s Crypto.com account. However, the exchange detected that the bank account…
Terra Classic community elects to cease USTC minting
The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassicUSD (USTC), with the objective of reestablishing a stable peg between USTC and the US dollar. In a recent proposal, the community voted with 59% in favor of discontinuing the minting of USTC, while approximately 40% were opposed to the change. Terra Classic…
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and avoided lawsuits from the SEC, unlike firms like Binance and Coinbase. Source: https://cointelegraph.com/public/index.php/news/crypto-firms-reacting-us-regulators-enforcement-actions
Coinbase secures AML registration from the Bank of Spain
The Anti-Money Laundering (AML) registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within… Source: https://cointelegraph.com/public/index.php/news/coinbase-aml-registration-bank-of-spain
FTX’s former external legal team disputes involvement in fraud allegations
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against them claiming that it assisted in the exchange’s alleged fraud. According to a Sept. 21 court filing, Fenwick & West, a United States law firm, denies all accusations of misconduct related to the provision of legal services during FTX operations:…
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and avoided lawsuits from the SEC, unlike firms like Binance and Coinbase. Source: https://cointelegraph.com/app/public/index.php/news/crypto-firms-reacting-us-regulators-enforcement-actions
Coinbase secures AML registration from the Bank of Spain
The Anti-Money Laundering (AML) registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within… Source: https://cointelegraph.com/app/public/index.php/news/coinbase-aml-registration-bank-of-spain
Coinbase secures AML registration from Bank of Spain
Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering (AML) compliance registration from Spain’s central bank, as part of its ongoing expansion across Europe. According to a Sept. 22 statement, the registration now means that users in Spain will be able to retain custody of their crypto assets and conduct buying and selling of crypto assets in Spain’s legal tender. “This…
OpenSea API Users Warned of Third-Party Security Breach
NFT marketplace OpenSea has warned certain platform users to rotate the keys used for their APIs (application programming interfaces) after a third-party security breach left them vulnerable to attackers. “One of our vendors experienced a security incident that may have exposed information about your OpenSea API key,” the company wrote in an email to customers. As of May 2023, OpenSea…