BRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away from serving the U.S. and its allies, instead choosing partnerships that respect sovereignty and offer mutually beneficial cooperation, signaling a […] Source: https://news.bitcoin.com/brics-erodes-us-and-eu-hegemony-as-nations-seek-sovereignty-and-equal-cooperation/
Month: October 2024
Sui Refutes $400 Million Insider Selling Allegations Following Rapid Token Rise
Sui, a layer-1 blockchain, pushed back on Monday against accusations that insiders had offloaded $400 million worth of SUI tokens during a recent price surge. The allegations stem from claims that insiders, including a wallet tied to the foundation, profited from the rapid price increase last month. In response, Sui issued a statement via Twitter, denying the accusations and clarifying…
Metaplanet shares jump 15% after buying 107 Bitcoin
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin. Source: https://cointelegraph.com/news/metaplanet-stock-jumps-after-107-bitcoin-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale puts DOGE, Worldcoin on list of 35 potential crypto products
Grayscale listed 35 cryptocurrencies it’s mulling to potentially include in its suite of crypto investment products. Source: https://cointelegraph.com/news/grayscale-35-cryptocurrencies-potential-investment-products?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?
Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […] Source: https://news.bitcoin.com/us-senator-sounds-alarm-on-3-major-crypto-threats-could-digital-assets-be-in-danger/
MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy. Source: https://cointelegraph.com/news/old-mev-bot-scam-drops-chatgpt-into-new-name-ai-hype-slowmist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US spot Bitcoin ETFs see $556M inflows in biggest day since June
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000. Source: https://cointelegraph.com/news/us-spot-bitcoin-etfs-556m-inflows-biggest-day-since-june?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway
A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation […] Source: https://news.bitcoin.com/150m-crypto-scheme-leader-vanishes-from-us-detention-active-manhunt-underway/
Australia’s first ETF directly holding Ether goes live
The Monochrome Ethereum ETF (IETH) went live on Cboe Australia on Oct. 15, following the issuer’s launch of a spot Bitcoin ETF in June. Source: https://cointelegraph.com/news/australia-first-etf-directly-hold-ether-launches?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M
Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings. With these recent additions, Metaplanet now […] Source: https://news.bitcoin.com/metaplanet-buys-106-btc-total-holdings-now-valued-at-56m/