#cryptocurrency
#cryptocurrency

SEC crypto crackdown continues with Robinhood as lawsuit looms

SEC may potentially sue Robinhood Markets over alleged securities violations in its crypto unit. [ more ]

Coindesk

Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says

Investors turn to crypto amid U.S. fiscal dominance risk. [ more ]

ReadWrite

Left-wing politics

Donald Trump courts the crypto vote, Biden warned

If you're a supporter of cryptocurrency, Trump is positioning himself as the favorable candidate for you. [ more ]

Coindesk

Binance Fined $4.3M by Canadian Financial Regulator for 'Administrative Violations'

Binance faced a C$6 million fine in Canada for violating financial regulations, including failure to register and report transactions over $10,000. [ more ]

TNW | Data-Security

4 days ago

Tornado Cash dev Alexey Pertsev gets 5 years prison-time for money laundering

Alexey Pertsev, developer of Tornado Cash, found guilty of money laundering by Dutch court. [ more ]

Coindesk

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

BTC down 1.5%, Solana (SOL) and XRP up. Robinhood warned by SEC. BTC target of $92,000. Crypto rally paused.

Renewed bitcoin call options for higher prices. Speculations about Chinese investors accessing Hong Kong-listed bitcoin and ether ETFs. [ more ]

New York Post

Robinhood warns feds could penalize firm over crypto tokens traded on platform

Robinhood received an enforcement notice from the SEC regarding crypto tokens, engaging in a debate over whether these assets are securities. [ more ]

ReadWrite

SEC could sue Robinhood as security violation investigation continues

SEC investigating Robinhood Markets for potential securities violations related to its cryptocurrency operations. [ more ]

moresec

blockchain

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitcoin Network Tops 1 Billion In Total Transactions Processed

Bitcoin network processed one billion transactions after 15 years, showcasing scalability and mainstream adoption. [ more ]

Ars Technica

MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

Highly educated brothers executed a rapid $25 million heist by manipulating the ethereum blockchain, challenging its integrity. [ more ]

Coindesk

Dogecoin Appears Headed for a 'Golden Cross'

DOGE may be confirming a bullish golden cross, similar to one in early 2021 predicting an 8,000% surge. [ more ]

ReadWrite

Digital life

Move Over dogwifhat, CWIF Is the New Solana Meme Coin Sensation to Invest In

The Solana meme coin, catwifhat (CWIF), outperformed the well-known dogwifhat (WIF) with a 300% increase in price within the last week. [ more ]

Coindesk

1 day ago

Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says

Solana's SOL hit a monthly high, leading crypto majors. Still identified as the best trade of the cycle, with price potential to reach $200. [ more ]

Coindesk

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Bitcoin surged nearly 5% after dovish Fed meeting and softer U.S. jobs data, indicating a positive outlook for cryptocurrencies. [ more ]

Coindesk

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

Senators challenge DOJ's pursuit of crypto mixing services as unlicensed money transmitters. [ more ]

Coindesk

Consensys Sues SEC Over 'Unlawful Seizure Of Authority' Over Ethereum

Consensys files lawsuit against SEC over Ethereum's classification as a security. [ more ]

Coindesk

Samourai Wallet Charges Raise Existential Questions for Privacy Tech

The U.S. government is cracking down on privacy tools like crypto mixers, considering any money flowing through them as laundered funds. [ more ]

Coindesk

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge

Alexander Vinnik, operator of BTC-e, pleaded guilty to money laundering charges after processing over $9 billion in crypto transactions and being linked to the Mt. Gox hack. [ more ]

WIRED

Artificial intelligence

A Vast New Dataset Could Supercharge the AI Hunt for Crypto Money Laundering

AI tools can effectively identify suspicious cryptocurrency transactions,even without access to specific customer data. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering

The founders of Samourai Wallet have been arrested for money laundering and operating an unlicensed money transmitting business. [ more ]

moremoney-laundering

blockchain

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Data science

Script State from Lamport Signatures

Bitcoin Script is a simple programming language within the Bitcoin blockchain controlling coin movement conditions. Improved understanding of existing Script may lead to revolutionary changes. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki

Hoseki unveiled Hoseki Verified to enhance transparency and trust in the cryptocurrency industry through real-time verification of Bitcoin holdings by spot Bitcoin ETF issuers and other financial institutions. [ more ]

Coindesk

Indonesia's Election Results May Be Good for Crypto, Industry Watchers Say

The winners of Indonesia's presidential election may ensure consistency for crypto policy in the country. [ more ]

Coindesk

Stripe Brings Back Crypto Payments Via USDC Stablecoin

Stripe will reintroduce crypto payments, starting with Circle's USDC stablecoin on Solana, Ethereum, and Polygon blockchains [ more ]

Coindesk

Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters

Bitcoin's 200-day average is poised to surpass the previous peak, indicating potential for intense bullish phases in the market. [ more ]

Coindesk

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Cryptocurrency markets saw a broad-based bounce with the majority of currencies up, including Bitcoin and altcoins, following a decrease in funding rates for some. Stocks related to digital assets also surged. [ more ]

moremarket-analysis

ReadWrite

FTX reports a shocking billion dollar surplus after bankruptcy

FTX has excess cash post-bankruptcy, compensating customers fully but leaving equity holders with nothing. [ more ]

www.esquire.com

Cryptocurrency Super PACs Are Sweeping 2024 Elections

When someone claims to have invented new money with cryptocurrency, skepticism is wise due to the unusual characters and manipulated perceptions in the industry. [ more ]

Coindesk

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

EigenLayer attracted $16 billion but faced backlash over token details. [ more ]

ReadWrite

Cat of Elon Price Prediction: Dives to $0.00034 Despite Trending Status; What's Next?

Despite a 72% price drop, ELONCAT remains a top trending cryptocurrency, with potential support levels and resistance targets crucial for future price movements. [ more ]

www.nytimes.com

The Big Number: $8 Billion

Customers of FTX may recover $8 billion after bankruptcy, including interest. [ more ]

Coindesk

Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Chinese police arrested individuals running an illegal currency conversion operation using cryptocurrency, highlighting the misuse of crypto's anonymity for cross-border transfers. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Your Wealth Is Melting: Why Bitcoin Is The Deep Freeze Your Portfolio Desperately Needs

Bitcoin's scarcity and fixed supply make it resistant to inflation, providing a unique saving method. [ more ]

www.nytimes.com

FTX Customers Poised to Recover All Funds Lost in Collapse

FTX customers to recover 100% of lost funds with interest despite collapse. Recovery based on pre-collapse asset value. [ more ]

ReadWrite

US presidential candidate RFK to speak at crypto conference

Robert F. Kennedy Jr., an independent U.S. presidential candidate, supports cryptocurrency and self-custody, diverging from traditional Democratic views. [ more ]

TechCrunch

Global crypto firms turn to Hong Kong for refuge - and opportunity | TechCrunch

Hong Kong's favorable crypto regulations attract global attendees to its web3 festival. [ more ]

Coindesk

VanEck's MarketVector Starts Index to Track the Largest Meme Coins

MarketVector introduced a meme coin index that is up 195% annually. [ more ]

Coindesk

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Bybit integrates USDe as collateral, listing spot BTC and ETH pairs against the token. [ more ]

Coindesk

Left-wing politics

Robert F. Kennedy Jr., a Pro-Crypto Presidential Candidiate, to Appear at Consensus 2024

Robert F. Kennedy Jr. to speak at Consensus 2024 crypto conference, promoting pro-cryptocurrency views. [ more ]

Coindesk

Left-wing politics

Trump's Pro-Crypto Bluster at NFT Gala Lacked Policy Substance

Donald Trump, previously critical, now positioning himself as a crypto advocate during his campaign events. [ more ]

Coindesk

What Technical Analysis Tells Us About the Bitcoin Market

Technical analysis suits cryptocurrencies due to volatility and less headline risk, using indicators for risk-reward dynamics. [ more ]

Coindesk

Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?

Companies are exploring restaking in the cryptocurrency world as a way to increase earnings and free up locked assets. [ more ]

Coindesk

Solana and Cosmos Lead CoinDesk 20 Higher: CoinDesk Indices Market Update

The CoinDesk 20 index gained 2.7% over the past week, led by Cosmos and Solana, despite Ether's underperformance. [ more ]

ReadWrite

Donald Trump pledges crypto support - and will accept it as a campaign donation

Donald Trump openly supporting cryptocurrency and accepting donations in it for his campaign. [ more ]

ReadWrite

Twitter's Jack Dorsey predicts Bitcoin could hit $1 million in six years

Jack Dorsey predicts Bitcoin could exceed $1 million by 2030. [ more ]

ReadWrite

Chinese authorities shut down illegal crypto service

Using cryptocurrency, an underground bank facilitated illegal currency exchange between Chinese yuan and South Korean won.

The operation exploited the anonymity and decentralization of cryptocurrencies for illicit foreign currency exchange activities. [ more ]

Coindesk

AI Agents Will Drive the Next Wave of Crypto Adoption

In the future, financial management may shift from online tools to AI agents for conducting operations efficiently. [ more ]

Cardplayer

Why Crypto Poker Sites Are Becoming More Popular Online

Cryptocurrency brings enhanced convenience, global accessibility, and improved security features to the poker industry. [ more ]

Coindesk

DYdX Founder Antonio Juliano to Step Down as CEO of the Decentralized Exchange; Ivo Crnkovic-Rubsamen Takes Over

Antonio Juliano, founder of dYdX, is stepping down as CEO, becoming chairman, with Ivo Crnkovic-Rubsamen as the new head. [ more ]

Coindesk

TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

TON, RNDR surged over 13% in 24 hours, boosted by positive news flows and market sentiment. [ more ]

Coindesk

4 days ago

Coinbase Reports System-Wide Outage

Coinbase is facing a major outage, but users' funds are safe. [ more ]

Coindesk

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update

Week's performance of CoinDesk 20 showed mixed results, with notable differences in BTC and ETH movements. Dogecoin and NEAR were top gainers, while Internet Computer underperformed significantly. [ more ]

Coindesk

Crypto Howls as Circuit Breakers Restrain Red-Hot GameStop Rally

GameStop stock halted multiple times due to circuit breakers, contrasting it with the 24/7 crypto market. [ more ]

Ars Technica

4 days ago

The hunt for rare bitcoin is nearing an end

Bitcoin hunters seek rare satoshis for thrill and value. [ more ]

Entrepreneur

Bitcoin ATM Side Hustle Goes Full-Time and Hits $1B in Sales | Entrepreneur

Coinme co-founders started from a side hustle and transitioned to a successful business with $1 billion in sales. [ more ]

Coindesk

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week

Spot Bitcoin ETF buying slowdown shifts focus to macro factors like inflation data for market volatility. [ more ]

Coindesk

Digital life

Wolverine-Themed Meme Coins Flood Market Following RoaringKitty's Cryptic Post

Wolverine-themed meme coins surged post TheRoaringKitty's video, reflecting a growing trend in meme coin creation amid cryptocurrency market volatility. [ more ]

Coindesk

As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros

Over 500 institutional investors allocated funds to spot bitcoin ETFs in first quarter, with diverse institutions showing interest early on. [ more ]

Theregister

Oklahoma governor signs crypto bill of rights into law

Oklahoma grants legal rights to cryptocurrency holders, allowing self-custody, mining at home, purchasing with crypto, tax exemptions, and absolves liability for transactions. [ more ]

Coindesk

Crypto's Election Season Is Kicking Off

There is a growing wave of attention towards the cryptocurrency industry in relation to elections. [ more ]

Coindesk

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin

Coinbase shares dropped 8% due to CME potential spot trading. [ more ]

Coindesk

Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges

The U.S. Department of Justice arrested two brothers for attacking the Ethereum blockchain and stealing $25 million of cryptocurrency in a 12-second exploit. [ more ]

Coindesk

1 day ago

Ether Could Surprise to the Upside in the Coming Months, Coinbase Says

Ether's potential to surprise positively highlighted by Coinbase. [ more ]

Coindesk

1 day ago

Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients

Morgan Stanley held $270 million GBTC for clients, not as a bet on Bitcoin. [ more ]

Above the Law

Law

Biglaw Firm Opening New Crypto Office

Biglaw firm opening Delaware office for digital assets and emerging technology practice. [ more ]

Coindesk

Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg

Coinbase plans to target Australia's self-managed pensions sector for its services. [ more ]

Coindesk

Exploiter Steals $68M Worth of Crypto Through Address Poisoning

A user lost $68 million worth of wrapped bitcoin due to address poisoning. [ more ]

Coindesk

Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

CF Benchmarks provides reference data for crypto ETFs, with significant AUM.

CF Benchmarks CEO predicts Hong Kong ETFs to reach $1 billion AUM by 2024. [ more ]

ReadWrite

Jack Dorsey's Block invests in Bitcoin's with 10% monthly profit allocation

Jack Dorsey's firm Block plans to invest 10% of profits into Bitcoin monthly, highlighting belief in cryptocurrency and economic empowerment. [ more ]

ITPro

Web design

Capturing the Web 3.0 opportunity with crypto on-ramp

Web 3.0 shifts ownership to communities and individuals, enabled by blockchain technology. [ more ]

BKReader

Diversifying Cryptocurrency Portfolios: Strategies For Investors

Diversification is crucial in cryptocurrency investing to mitigate risk and volatility.

Understanding how cryptocurrency works and the impact of volatility is essential for successful investing. [ more ]

Coindesk

Bitcoin's Volatility Is Falling and This Will Continue as It Matures: Fidelity

Bitcoin's volatility is decreasing as the cryptocurrency matures. [ more ]

Coindesk

MoonPay Users Can Now Buy Crypto Via PayPal

MoonPay users in the U.S. can now buy crypto seamlessly with PayPal. [ more ]

The Art Newspaper - International art news and events

How 'more mature' collectors are powering the NFT market's comeback

Bitcoin and cryptocurrency market has rebounded despite previous dips and negative sentiments. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference

MicroStrategy holds a significant amount of Bitcoin, emphasizing corporate adoption. The Bitcoin For Corporations conference aims to educate on Bitcoin as a treasury asset. [ more ]

www.nytimes.com

New York City

New York Woman Gets 18 Years for Funding Terrorism With Cryptocurrency

A woman in New York sentenced to 18 years for funding terrorism through cryptocurrency. [ more ]

Investing.com UK

Data science

Meta defends its risk mitigating process amid EU probe By Reuters

Risk disclosure: Trading financial instruments involves high risks; cryptocurrencies are volatile; data on website may not be real-time or accurate; Fusion Media may be compensated by advertisers. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Data science

How To Keep Your Bitcoin Safe When You Have to Flee Your home

Bitcoin enables individuals to transfer wealth easily across borders, especially in unstable situations. [ more ]

Coindesk

Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC

Alliance Resources mined 425 BTC using excess power, valuing it at $30 million [ more ]

Coindesk

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Cryptocurrencies showed a decline in prices over the weekend despite the upcoming launch of Hong Kong-listed spot bitcoin and ether ETFs. [ more ]

ReadWrite

Approved spot Bitcoin ETFs could be coming to Australia's largest stock exchange

ASX might list spot Bitcoin ETFs by end of 2024. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitcoin Is Built To Last: How The Network Defends Against Attacks

Bitcoin is a highly reliable and robust distributed system with only two minor disruptions in its history, setting a golden standard of expectations for users. [ more ]

Coindesk

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

Cryptocurrency is used in child sexual exploitation crimes. [ more ]

Futurism

Sam Altman Is Running Out of Orbs

Eyeball-scanning orbs by Worldcoin running out due to high demand. [ more ]

Coindesk

Artificial intelligence

Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'

Kara Swisher downplays crypto, comparing it to a minor eruption versus the internet's explosion. [ more ]

Coindesk

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Cryptocurrencies like Bitcoin dropped due to concerns over U.S. inflation and slow growth in Q1.

Investors were spooked by disappointing inflation data, impacting risk assets across markets. [ more ]

Coindesk

'Buy Bitcoin' Sign Sold for Over $1M at Auction

The 'Buy Bitcoin' sign held behind Janet Yellen was sold at an auction for 16 BTC, benefiting a Bitcoin layer-2 startup called Tirrel Corp. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

The State Of Things: Open Source Developers Arrested For Writing Code

Bitcoin community urged to assess current state amidst Samourai Wallet case and industry challenges. [ more ]

Coindesk

KPMG Survey Finds 75% of Canada's Institutions Owned Crypto Assets in 2023

In Canada, institutional investors are showing significant interest in cryptocurrencies, with 75% holding these assets. [ more ]

Coindesk

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Block's Bitcoin Conversions tool allows Square users to automatically convert a portion of daily sales into BTC, targeting merchants interested in diversifying holdings and accessing bitcoin easily. [ more ]

Fast Company

After the Bitcoin halving, what is the climate impact of crypto?

Bitcoin halving raises concerns about cryptocurrency's environmental impact. [ more ]

Coindesk

How a Conservative German Bank Offering Crypto Makes Sense

Germany's conservative financial sector, dominated by banks, is surprising the market with its lead in exploring crypto procurement and custody services. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitcoin Decentralization and Where to Find It

Bitcoin's decentralization is crucial and measured using the Nakamoto coefficient based on the minimum number of participants needed to control the system. [ more ]

Coindesk

Crypto Trader FalconX Unveils Institution-Friendly Custody, Trading and Credit Services

FalconX introduces new prime brokerage service for institutions providing bankruptcy-remote custody, credit lines, and off-exchange settlement. [ more ]

ReadWrite

Bitcoin's price remains stable despite 2023 halving event

Bitcoin's fourth halving event in April 2023 reduced daily creation from 900 to 450, aiming to cap total supply at 21 million by 2140. [ more ]

ReadWrite

Top 6 Leading Cryptos of 2024: Anticipated Lunar Event Propels BlockDAG Beyond SOL, AVAX, ADA, BNB, & UNI

BlockDAG is rapidly growing in the crypto market, driven by its innovative DAG technology and successful presale campaigns. [ more ]

Coindesk

First Mover Americas: Bitcoin Layer 2s Have Their Moment

Bitcoin layer 2 tokens outperform BTC post-halving.

Grayscale plans lower fee Bitcoin Mini Trust. [ more ]

Coindesk

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Bitcoin miners may shift towards AI for higher revenue potential. [ more ]

Coindesk

4 weeks ago

Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

Bitcoin held steady around $63,700 post-halving. [ more ]

Coindesk

4 weeks ago

Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him

Computer scientist Hal Finney posthumously honored by Human Rights Foundation with Finney Freedom Prize. His contributions to Bitcoin ecosystem recognized and celebrated. [ more ]

www.mercurynews.com

4 weeks ago