One of the founders of bankrupt crypto hedge fund Three Arrows Capital, Su Zhu, has been arrested in Singapore, while the other co-founder, Kyle Davies, remains at large, following the fund's collapse and loss of billions of dollars.
Sales of Donald Trump NFTs have spiked over 350% in the last 24 hours, reaching a total of 54 transactions, following speculation of him potentially assuming the position of Speaker of the House.
Scammers are targeting Friend.tech users through SIM-swap attacks, with one scammer stealing $385,000 worth of Ether in less than 24 hours, prompting calls for increased security measures such as two-factor authentication.
The decentralized social media Stars Arena has experienced a surge in activity on Avalanche's C-Chain network, leading to an 8% increase in the price of AVAX token in the last 24 hours, with over 10,000 active wallets and $3.26 million in trading volume in the past two days.
Tennessee state Rep. Justin Jones is suing the House Speaker and administrative employees for violating his First Amendment rights and his due process rights, seeking to have his benefits and seniority in the chamber restored.
Major cryptocurrencies saw gains as traditional markets stabilized, with Bitcoin, Ethereum, and Dogecoin all experiencing slight increases, while the market awaited the release of nonfarm payrolls data; meanwhile, former FTX CEO Sam Bankman-Fried faced a clash of perspectives during his trial, with prosecutors alleging deception and his defense claiming good faith.
Authorities in Indianapolis are searching for a monkey that is causing trouble in a neighborhood, with reports of minor injuries.
Analysts at K33 Research recommend shifting investments from Ethereum to Bitcoin due to the lackluster performance of Ethereum futures ETFs, which have failed to meet expectations and have low trading volume compared to Bitcoin futures ETFs.
The Hong Kong Police Force and Securities and Futures Commission have formed a working group to address illicit cryptocurrency exchange activities, particularly in response to the ongoing crypto scandal involving JPEX exchange, aiming to enhance monitoring, investigation, and collaboration on suspicious activities.
Developers are close to disrupting tech giants like Google and Amazon with truly smart, personalized digital assistants, and investing in Arista Networks (ANET) could be a lucrative opportunity as the company provides critical hardware and software infrastructure for data-thirsty new AI applications.
Bitcoin mining firms Marathon Digital, Riot Platforms, and CleanSpark experienced significant increases in Bitcoin production in September, leading to a rise in share prices. Marathon Digital saw a 245% increase in BTC production, while Riot Platforms increased production by 9% and CleanSpark recorded its best quarter and fiscal year ever. Bit Digital, however, experienced a 7% decrease in Bitcoin production due to a power outage.
Stars Arena, a social platform built on the Avalanche network, has experienced a significant increase in transactions since its launch, with over 215,000 transactions and a transaction volume of over $1.7 million recorded on Monday alone, though it still trails behind Friend.Tech in terms of monthly transactions and volume.
FTX founder Sam Bankman-Fried's criminal trial begins with mention of various cryptocurrencies, but notably excludes FTT, the native token of FTX, which experienced a significant drop last November and contributed to the exchange's collapse. Bankman-Fried faces fraud and conspiracy charges, while his defense argues that FTT-related activities were known and not secretive.
Google unveiled new Pixel smartphones powered by AI, along with an AI-enhanced digital assistant called Assistant with Bard, at its Made by Google event, as the tech giant focuses on integrating AI into its products and services.
Polygon co-founder Jaynti Kanani has announced his departure from the project after six months of being absent from daily work, making him the third co-founder to leave this year, raising concerns about the future of the cryptocurrency project amidst multiple executive departures in the industry.
Bitcoin price has the potential to reach $30,000 if it surpasses the $28,200 resistance level, while Ethereum price may continue to decrease with a pending sell signal, and Ripple price could break the $0.5604 barrier in its next upward move.
Bitcoin (BTC) gained 1.3% over the past 24 hours, with a price of around $27,700, as traditional markets stabilized and crypto markets calmed after Monday's rally, potentially heading towards $30,000, while low volatility is expected to prevail in the coming months.
Sam Bankman-Fried, a cryptocurrency entrepreneur, is facing charges of fraud as prosecutors depict him as a villain who defrauded thousands of victims while portraying himself as a crypto Robin Hood, with celebrity endorsements from Tom Brady and Larry David.
China's neighbor, Hong Kong, is seeing significant crypto activity and volume, with recent transactions rivaling those in mainland China, possibly indicating a shift in China's stance towards digital assets.
The Stellar Development Foundation and PwC have created a financial inclusion framework to evaluate the efficacy of blockchain projects in emerging markets, with the framework revealing that blockchain solutions can significantly improve access to financial products, lower fees to 1% or less, increase payment speed, and help users avoid inflation.
Lawyers in the trial against Sam Bankman-Fried presented conflicting narratives, with prosecutors accusing him of stealing billions of dollars from customers, while Bankman-Fried's lawyer argued that his client acted in good faith and made mistakes like any entrepreneur. Witnesses testified about their experiences as investors and their attempts to withdraw funds from Bankman-Fried's crypto empire, FTX.
Australian computer scientist Craig Wright, who has long claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, inspires a song titled "Craig Wright Is Not Satoshi," written and recorded by musician Jonathan Mann, known as the "Song-a-Day" man.
London-based cocoa broker Marc-Antoine Julliard testified in the criminal case against former FTX CEO Sam Bankman-Fried, stating that he was unable to withdraw 4 Bitcoin worth $80,000 from FTX in November 2022 after a Twitter post from Bankman-Fried reassured users about their assets; witnesses including former FTX executives and Anthony Scaramucci are also expected to testify.
Bitcoin's bull market is expected to reignite as the Federal Reserve is predicted to resume printing money, leading to a surge in Bitcoin's price, according to BitMEX founder Arthur Hayes.
The United States government has added a staggering $275 billion in debt in just 24 hours, contributing to the country's already significant $33 trillion national debt, sparking concerns about its ability to pay essential services and outstanding bills with foreign entities, which could potentially benefit Bitcoin in the long run as it tends to perform well when global liquidity increases.
The launch of futures-based ETH ETFs attracted little interest from investors, causing the price of Ether to drop to its lowest compared to Bitcoin since July 2022, prompting experts to advise rotating back to Bitcoin.
Insiders at cryptocurrency trading firm Alameda Research were unaware of the impending collapse until former CEO Caroline Ellison confessed, exposing poor security practices and a lack of checks and balances, including a significant "fat finger" trade in 2021 that caused a temporary drop in the price of bitcoin.
The recent filing for a spot Ethereum exchange-traded fund (ETF) in the United States by ARK Invest marks a turning point in the integration of digital assets into traditional finance, signaling the dawn of institutional liquid staking and the need for regulatory approval for mainstream adoption.
The theory that the National Security Agency (NSA) created Bitcoin is spreading online, but it is highly unlikely given the decentralized nature of Bitcoin and the lack of evidence supporting this claim.
Crypto businessman Su Zhu's $36 million luxury property in Singapore has been converted into an eco-farm called "Yarwood Homestead" after his hedge fund, Three Arrows Capital, collapsed, and Zhu was sentenced to four months in prison.
Investors should consider buying discounted cryptocurrencies with potential for long-term growth, such as Bitcoin, Chainlink, and Polkadot, as they have experienced significant declines but show promise for future price increases due to upcoming events and developments in the cryptocurrency market.
Ethereum-based altcoin Chainlink (LINK) is predicted to experience a final correction before doubling in price, potentially reaching $12-$15 by 2024, according to crypto strategist Michaël van de Poppe, who expects other altcoins to continue gaining momentum as long as Bitcoin remains consolidated. Bitcoin, on the other hand, could rally to $30,000 if it successfully retests the $26,700-$26,900 range.
The U.S. Department of Justice has accused FTX founder Sam Bankman-Fried of building his crypto empire on lies and using customers' money for personal gain, while Bankman-Fried's defense team argues that he acted in good faith and blames an employee for failing to install safeguards. The trial, which began with opening statements, will present evidence and witness testimonies to prove the allegations.
United States 10-year Treasury yields have reached their highest level since 2007, with the spread between the 2-year and 10-year Treasury yields narrowing significantly, prompting warnings of a recession and potential collapse of firms, which could trigger a cryptocurrency bull market, while institutional investors are also showing interest in cryptocurrencies.
Taylor Swift's multimillion-dollar sponsorship deal with FTX fell through due to the company's CEO, Sam Bankman-Fried, dragging his feet and failing to sign the agreement, according to the latest book by Michael Lewis.
Sam Bankman-Fried struggled to learn how to make facial expressions and questioned their purpose, as described in Michael Lewis' new book on the downfall of FTX and Bankman-Fried, "Going Infinite: The Rise and Fall of a New Tycoon."
Sam Bankman-Fried, founder of FTX and currently facing a fraud trial, revealed in a biography that he once sent a list of "pros" and "cons" to his girlfriend, stating that he lacked a soul, empathy, and genuine feelings, but enjoyed having sex with her.
Coinbase's third-quarter report could be negatively impacted by a shortage of crypto traders, according to Mizuho.
Former BlackRock managing director Steven Schoenfield predicts that the U.S. Securities and Exchange Commission (SEC) will approve a Bitcoin spot ETF within three to six months, and believes that a potential approval could lead to a significant inflow of $150 to $200 billion into Bitcoin investment products over three years.
Despite talk of rising institutional interest, Kevin O'Leary asserts that institutions are not investing in Bitcoin due to SEC scrutiny and the lack of compliant exchanges, hindering the rise in Bitcoin's value.
The jury has been selected for the criminal trial of former FTX CEO Sam Bankman-Fried, with individuals from various occupations including a physician's assistant and a librarian, who will determine his fate in a case that has become a trial of the whole crypto industry.
Co-founder of Ethereum layer 2 Polygon Jaynti Kanani has announced that he is stepping back from his day-to-day involvement with the network, focusing on new adventures while still contributing from the sidelines.
Bitcoin (BTC) holds steady at $27,500 as attention shifts to the volatile U.S. dollar, with market observers identifying $27,000 as a key support level for BTC price.
Chainlink (LINK), the native asset of the decentralized oracle network, may be facing a brief correction as it shows bearish signals according to a crypto analyst, but the analyst believes LINK will still see higher highs; meanwhile, Bitcoin's Relative Strength Index suggests a potential retracement.
Marathon Digital Holdings produced 1,242 bitcoin in September, up 16% from August, and is evaluating expansion opportunities in international locations with low-cost renewable energy.
JP Morgan's blockchain division focuses primarily on tokenized forms of traditional financial instruments rather than cryptocurrencies, with a growing interest in bringing traditional assets onto the blockchain and exploring smart contracts for instantaneous exchange and collateralized borrowing against tokenized treasuries through its Ethereum-based private blockchain, Onyx.
The Open Network (TON), originally designed by Telegram, has received a significant investment from MEXC Ventures, with the aim of promoting global Web3 accessibility and increasing adoption of the Web3 ecosystem within the Telegram messenger.
Bitcoin is gaining popularity in Cuba as a means for Cubans to protect their money from inflation and government interference. Despite facing challenges such as limited internet access and restrictions on accessing cryptocurrency exchanges, many Cubans are turning to Bitcoin to save and transact, recognizing its potential as a secure and stateless form of money.
The cryptocurrency mining industry in Uzbekistan is undergoing changes as the country's crypto market regulator has approved a framework that only allows legal entities to engage in mining activities using solar power.
Yield Protocol, a decentralized finance (DeFi) lending protocol, has announced its decision to shut down due to a lack of business demand and global regulatory pressures, including unfavorable crypto regulations in the United States, Europe, and the United Kingdom.