Regulation
'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds
Can Sun testified on day 12 of the Sam Bankman-Fried trial. Source link
Month: October 2023
Bitcoin
Crypto for Advisors: What Will Trigger Crypto Mass Adoption?
Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto. Source link
Market Analysis
Near Protocol (NEAR) Price Reaches 1000-Day Low
The Near Protocol (NEAR) price reached a low of $0.97 on October 19, falling below $1 for the first time since 2020. The Relative Strength Index (RSI) shows bearish signs in multiple timeframes. When will […]
Regulation
BTC ATM Numbers Drop 17% in a Year to Lowest Level Worldwide Since 2021
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Market Analysis
Do Kwon Lawyers Answer SEC Query on Jump Trading
The defense for Terraform Labs and Do Kwon have submitted new evidence about Jump Trading’s (Jump) role in the collapse of the TerraUSD (UST) stablecoin. The letter, submitted to the Supreme Court of Singapore, offers […]
Regulation
Matrixport Sees BTC Price at $42K-$56K BlackRock ETF Gets Approved
“If Tether’s market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price would rise to $42,000, representing a conservative estimate. With a larger influx of $50 billion (1% allocation […]
Ethereum
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
Similarly, regulation in crypto can encourage greater transparency by utilizing blockchain’s distributed ledger technology. We’ve seen legislation such as MiCA attempt to implement verification measures to bring Web3 in line with existing financial institutions. For […]
Bitcoin
BTC Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
As with the trust, Onramp is harnessing multisignature (multisig) security, in which several custodians control the private keys to the bitcoin being held. The asset manager has tapped BitGo to perform this role alongside Coincover […]
Market Analysis
Shiba Memu’s presale tops $3.95 million as stage two nears completion
TL;DR The cryptocurrency market has performed well since the start of the week. Shiba Memu’s presale has now surpassed the $3.95 million mark, with stage two now near completion. The cryptocurrency market is experiencing a […]
Regulation
SynFutures, a Perpetual Futures DEX, Raises $22M Series B From Big-Name Investors
“The name “Oyster AMM” reflects the completely permissionless listing of futures trading pairs on SynFutures DEX, as well as the ‘pearls’ that appear on a liquidity curve with limit orders, as is the case with […]