Bitcoin’s surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst. Source: https://cointelegraph.com/news/crypto-bull-rally-chances-q4-bitcoin-altcoins-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers. Source: https://cointelegraph.com/news/hong-kong-adopts-crypto-otc-reporting-standards-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MENA’s Crypto Market Soars With Türkiye, UAE, Saudi Arabia, and Qatar Leading the Charge
According to a Chainalysis report, the Middle East & North Africa (MENA) region has emerged as a significant player in the global crypto market, ranking seventh globally with $338.7 billion in on-chain value received between July 2023 and June 2024. Türkiye leads the region, driven by high consumer engagement and stablecoin adoption amidst inflation, while […] Source: https://news.bitcoin.com/menas-crypto-market-soars-with-turkiye-uae-saudi-arabia-and-qatar-leading-the-charge/
Crypto founder paid LA cops to extort victim for crypto, FBI alleges
Adam Iza, the founder of the crypto trading platform Zort, allegedly paid Los Angeles Sheriff’s deputies for information that he used to blackmail a target he intended to rob. Source: https://cointelegraph.com/news/crypto-ceo-bribed-police-extort-victim?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel funds from fraud, ransomware, and darknet activities. U.S. authorities, in collaboration with international law enforcement, […] Source: https://news.bitcoin.com/us-authorities-bust-billion-dollar-crypto-laundering-network-charge-2-russians/
Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs. Source: https://cointelegraph.com/news/spot-bitcoin-etfs-largest-daily-inflow-2-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Liquid restaking protocol Bedrock suffers $2M exploit
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe. Source: https://cointelegraph.com/news/liquid-restaking-protocol-bedrock-suffers-2-million-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bukele Highlights El Salvador’s Rebirth, Warns About Upcoming ‘New Dark Age’ at United Nations
President Nayib Bukele highlighted El Salvador’s achievements since his first term, referring to the country’s economic revival and improved personal security before the United Nations General Assembly. Bukele also warned about worsening global conditions, stating that humanity is facing a new dark age and that El Salvador can only serve as a small shelter against […] Source: https://news.bitcoin.com/bukele-highlights-el-salvadors-rebirth-warns-about-upcoming-new-dark-age-at-united-nations/
Ethereum blob count is ‘uncomfortably close to a ceiling’ — Vitalik Buterin
“I think the ecosystem is sleeping on the fact that it’s uncomfortably close to a ceiling,” cautions the Ethereum co-founder. Source: https://cointelegraph.com/news/vitalik-buterin-says-ethereum-blob-count-is-uncomfortably-close-to-a-ceiling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Seizes Crypto Domains Tied to $2.55 Billion in Illicit Transactions
The U.S. Department of Justice said Thursday it seized domains linked to three crypto exchanges accused of facilitating more than $1.1 billion in illicit transactions as part of a coordinated crackdown on Russian money laundering operations. The DOJ, working with the Treasury Department, Secret Service, and international law enforcement partners, unsealed an indictment against Russian national Sergey Ivanov, according to…