Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles. Source: https://cointelegraph.com/news/swedish-fiu-classifies-crypto-exchanges-professional-money-launderers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities. Source: https://cointelegraph.com/news/court-questions-sec-explanation-denying-coinbase-rulemaking-petition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change the Salvadoran economy and its outlook. Latam Insights Encore: Bukele’s Zero Debt […] Source: https://news.bitcoin.com/latam-insights-encore-bukeles-zero-debt-budget-is-a-good-start-to-heal-el-salvadors-economy/
Flappy Bird will ‘never have’ NFTs but will have a crypto ‘option’
The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.” Source: https://cointelegraph.com/news/flappy-bird-wont-have-nfts-will-have-crypto-option?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI’s press account hack was 5th security breach in 20 months
The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting the firm’s executives in the past. Source: https://cointelegraph.com/news/openai-press-account-hacked-x-shilling-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January to August 2024 include cryptocurrency. Report: Adoption for Remittances Reach Only […] Source: https://news.bitcoin.com/central-reserve-bank-only-1-1-of-remittances-involve-cryptocurrency-in-el-salvador/
SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief. Source: https://cointelegraph.com/news/sam-bankman-fried-misinterpreted-trial-autism-adhd-say-doctors?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635388612006&utm_campaign=rss_partner_inbound
SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief. Source: https://cointelegraph.com/news/sam-bankman-fried-misinterpreted-trial-autism-adhd-say-doctors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Options Market Points to Feedback Loop of Higher Prices, Expert Says
Traders seeking to divine Bitcoin’s next major price swing need look no further than the derivatives market, specifically options contracts. That’s according to Nick Forster, founder of DeFi derivatives protocol, Derive, who told Decrypt on Monday that the options market is beginning to see “reflexivity season kick in.” Reflexivity refers to the idea that market participants’ actions and expectations influence…
‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital
A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst. Source: https://cointelegraph.com/news/history-suggests-breakout-time-bitcoin-rekt-capital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound