Crypto
Bitcoin Drops Below $59,000 Amidst Inflation Concerns and Regulatory Actions
The cryptocurrency market experiences a downturn with Bitcoin leading the drop, influenced by inflation reports and regulatory actions against crypto firms.
Policy
Cumberland DRW Faces SEC Lawsuit Over Alleged Unregistered Securities Trading
The SEC has accused the crypto market maker, Cumberland DRW, of operating as an unregistered securities dealer by trading cryptocurrencies classified as securities.
Finance
Reflections on Gary Gensler's SEC Tenure
The SEC Chair's recent remarks on cryptocurrency suggest he may not be the right fit for his position moving forward.
Finance
Ripple to Pursue Cross-Appeal Against SEC's Recent Appeal
Ripple Labs aims to safeguard its arguments in an SEC case as the latter filed an appeal recently.
Business
OKX Launches in the UAE, Aiming at Traditional Finance and Retail Market
OKX commences operations in the UAE with a dirham-denominated trading system, targeting institutional investors and retail clients simultaneously.
Policy
Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case
Court documents indicate that Heather Morgan, also known as 'Razzlekhan', is facing sentencing for her involvement in laundering bitcoins from a hack.
Finance
Ripple Enhances Custody Services with Advanced Features for Crypto Businesses
Ripple has expanded its custody services to provide high-grade solutions for cryptocurrency firms, enabling the management of real-world assets and various cryptocurrencies.
Finance
The U.S. Must Not Repeat Its Crypto Mistakes in Artificial Intelligence
The U.S. digital assets industry struggles with insufficient regulation. With the rise of AI, could history repeat itself?
Crypto Market
Daily Update on CoinDesk 20: UNI Rises 10.4%, Against a Mostly Steady Index
Today's performance review reveals UNI's impressive surge while Aptos faced a decline.
Finance
Uniswap Labs Launches Unichain: A New Layer-2 Network Addressing Transaction Speed and Cost
Uniswap Labs has introduced Unichain, a layer-2 network built on Optimism technology, aimed at enhancing transaction speeds and liquidity for Ethereum users.
Finance
Bitcoin Surges Back to $61K Amid Anticipation of September CPI Data
A look at the latest movements in the cryptocurrency market as Bitcoin returns to $61,000 ahead of significant inflation data.
Policy
Dubai's VARA Imposes Fines and Cease-and-Desist Orders on Seven Crypto Companies
Dubai’s regulator steps up enforcement against unlicensed crypto firms amidst efforts to position itself as a global crypto hub.
Finance
Bitcoin's Dominance Rate Faces Challenges Amid Fed's Rate Cuts, Says Crypto Manager
SwissOne Capital warns that the ongoing rate-cutting cycle by the U.S. Federal Reserve could hinder Bitcoin's market dominance growth.
Crypto
Bitcoin Falls Below $61K, Ether Drops 3% Amid PlusToken Coin Transfers
Bitcoin experiences a decline as ETH related to the PlusToken Ponzi scheme is transferred to exchanges, raising concerns of market selling pressure.
Policy
Gary Gensler Challenges the Utility of Crypto as Currency
SEC Chair Gary Gensler discusses the role of cryptocurrencies, emphasizing their focus as a store of value instead of a currency.
Finance
Inflation Growth: A Positive Shift for Risk Assets Like Bitcoin and Ethereum
Inflation metrics suggest a slowdown, indicating favorable conditions for cryptocurrencies, according to Scott Garliss.
Policy
Charges Laid Against Four Crypto Market Makers for Fraud and Manipulation
Federal prosecutors accuse Gotbit, CLS Global, MyTrade, and ZM Quant of offering illicit market manipulation services to falsely inflate trading volumes.
Crypto News
Responses from the Crypto Community to HBO's Satoshi Documentary
The recent HBO documentary on Satoshi stirred mixed reactions among crypto enthusiasts, with many experts voicing skepticism about its claims.
Finance
Colombian Neobank Shifts from Ethereum to Avalanche Amid Rising Demand for Treasury Products
Littio, a neobank in Colombia, is migrating its vault holdings from Ethereum to Avalanche, capitalizing on growing demand for its Yield Pots products.
Finance
Bitcoin: The Emerging Alternative to Real Estate for Young Investors
Younger generations are increasingly turning to Bitcoin as a viable investment option, circumventing the challenges posed by soaring real estate prices.
