The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted […] Source: https://news.bitcoin.com/cftc-sues-over-3-6m-digital-asset-fraud-targeting-asian-americans/
On October 10, Christie’s London will host an auction for “Ascend”—a 1-of-1 piece of dynamic digital artwork inscribed on Bitcoin’s Ordinals protocol—during its Post-War and Contemporary Art Day Sale. It will be the only digital artwork in the sale. This event will mark the first-ever Bitcoin Ordinal to appear in a live auction at Christie’s, bridging the gap between the…
PRESS RELEASE. Forgotten Playland is coming to every single gamer out there! At the start of the summer we hinted at something epic. After much preparation, we have finally announced that Forgotten Playland will be available on the Epic Games Store this November. Enough said, time to add the game to your wishlist right away! […] Source: https://news.bitcoin.com/forgotten-playland-is-launching-on-the-epic-games-store-this-november/
Captain Tsubasa: Rivals is a hot new tap-to-earn game on Telegram, and with the license of a major soccer-themed anime brand behind it, a ton of players have signed up to play already. With some kind of TON-based airdrop coming in the future, the race is once again on to collect as much in-game currency as you can to boost…
The Dutch AFM issues warnings about crypto market manipulation, focusing on pump-and-dump schemes ahead of MiCAR’s launch in December Source: https://cointelegraph.com/news/afm-crypto-pump-and-dump-warning-micar-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by […] Source: https://news.bitcoin.com/deep-chainsaw-mileis-government-prepares-new-measures-to-curb-public-spending/
Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs. Source: https://cointelegraph.com/news/china-crypto-risks-us-bitcoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
After a laid-back farming session in Pixels last week, Regina cranks up the intensity with The Beacon, a dungeon-crawling NFT game Last week’s quick recap From last week’s gameplay, we played Pixels, a Web3 game set in a captivating world with vibrant pixelated characters and lush farms. Integrated with the Ronin blockchain, Pixels allows players […] Source: https://news.bitcoin.com/enter-into-the-beacons-roguelike-dungeons-and-earn-nfts/
Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […] Source: https://news.bitcoin.com/why-stablecoins-fail-lessons-from-the-past/
BlackRock, ARK 21Shares and Fidelity’s Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively. Source: https://cointelegraph.com/news/us-bitcoin-etfs-record-best-week-since-mid-july?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
