The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined. Source: https://cointelegraph.com/news/customers-bancorp-fed-enforcement-aml-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Bitcoin, Ethereum, and Solana Surge as Traders Face Choppy Market
Crypto markets have surged—along with other risk-on assets like U.S. stocks—on news that the American economy may be stronger than previously thought. Bitcoin, Ethereum, and Solana have made big gains on Thursday, with smaller-cap digital coins and tokens also jumping significantly. The price of Bitcoin is currently at $59,401, a 24-hour rise of 8%. Ethereum is up even more over the same period…
Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction
Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal or, alternatively, a new trial, citing several legal and evidentiary flaws in the […] Source: https://news.bitcoin.com/avraham-eisenberg-seeks-acquittal-of-mango-markets-conviction/
Bitrace warns of new crypto scam using QR codes
The scam starts with a small payment of Tether (USDT) to the user. Source: https://cointelegraph.com/news/bitrace-warns-new-crypto-scam-using-qr-codes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Another Trump Meme Coin Has Pumped and Dumped—Here’s What Happened
Yet another Trump-themed memecoin has soared and cratered—and no, it isn’t officially tied to the actual Trump family. Yet that’s what people seemed to think of the “Restore the Republic” (RTR) token, whose market capitalization ripped to over $100 million within an hour of its launch on Thursday. As of writing, however, its value has plummeted back to $9.2 million,…
Russia legalizes Bitcoin and cryptocurrency mining
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system. Source: https://cointelegraph.com/news/russia-legalizes-bitcoin-cryptocurrency-mining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hamster Kombat Announces New Gaming Ecosystem to Boost Demand for Upcoming Token
The team behind Hamster Kombat, the popular TON network-based tap-to-earn game, has announced the development of a gaming ecosystem to create demand for its upcoming token. They declared that this initiative would help differentiate Hamster Kombat from other similar projects and that each game would offer different rewards to participants. Hamster Kombat Develops Gaming Ecosystem […] Source: https://news.bitcoin.com/hamster-kombat-announces-new-gaming-ecosystem-to-boost-demand-for-upcoming-token/
CFTC announces $1M award for crypto whistleblower
The notice came the same day a judge approved a $12.7 billion settlement between defunct crypto exchange FTX, Alameda Research, and the US Commodity Futures Trading Commission. Source: https://cointelegraph.com/news/cftc-whistleblower-award-crypto-enforcement-action?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
X halts ads for Premium+ users as Musk lawsuit challenges first amendment
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night. Source: https://cointelegraph.com/news/x-halts-ads-premium-users-musk-suit-questions-freedom-of-association?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why is Ethereum losing market share to Bitcoin?
Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs. Source: https://cointelegraph.com/news/why-is-ethereum-losing-market-share-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound