Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would...
Tag: news
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year – Bitcoin News
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more mach...
Security Audit Completed by Certik – Press release Bitcoin News
press release PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, January 2023, Undeads Metaverse announces the completion of its smart contracts’ security audit conducted by Certik, which included a comprehe...
Why bad news is bad news for the stock market
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 6, 2023 Today’s newsletter i...
Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’ – Finance Bitcoin News
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regu...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets – Regulation Bitcoin News
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the chan...
3 Dividend Stocks With Attractively Low Payout Ratios
When it comes to investing in dividend stocks, there are many routes one can take. Investors can focus on a high current yield, dividend payment safety, longevity, or growth potential. It is the latte...
Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack – Bitcoin News
According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) pa...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets a...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that ...
Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market – Bitcoin News
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling it...
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process – Bitcoin News
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it ha...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud – Bitcoin News
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsiu...
Microsoft and Amazon: Here’s Why This Is No Contest
On Wednesday, Microsoft (MSFT) shares gave up more than $10, or 4.37%. Amazon (AMZN) had a better day than Microsoft, surrendering just 0.79% for the session after having confirmed that it would be t...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation – Bitcoin News
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchain...
DOGE, SHIB Surge to Multi-Week Highs on Thursday – Market Updates Bitcoin News
Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday...
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom – Bitcoin News
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting...
BTC Consolidates as FOMC Indicates Further Rate Hikes to Come – Market Updates Bitcoin News
Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agre...
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys – Bitcoin News
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operate...
BNB Coin Price Breaks Out After Positive Binance news
The Binance Coin (BNB) price broke out from a descending resistance line but has yet to reclaim a crucial horizontal resistance level. Whether it is successful in doing so could determine the directio...
Germany’s 2022 Inflation Rate the Worst in More Than 30 Years – Bitcoin News
In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the su...
ADP beats expectations, US dollar jumps on the news
Every first week of a trading month has special meaning for financial market participants. First, it is the time when the US jobs data for the previous month is released. Because the Federal Reserve o...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations – Bitcoin News
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acqui...
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments – Bitcoin News
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of dr...
US Regulators and the Fed Jointly Issue Crypto Warnings – Regulation Bitcoin News
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations....
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies – Regulation Bitcoin News
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continue...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific app...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations – Bitcoin News
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan....
Coinbase (COIN) Rallies on $100 Million Settlement News
Alex Dovbnya Coinbase stock surged after exchange reached settlement with US regulators Coinbase, a publicly traded U.S.-based cryptocurrency trading exchange, has agreed to pay a $50 million penalty ...
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials – Bitcoin News
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about ...
SOL up 15%, as Bullish Sentiment Continues to Rise – Market Updates Bitcoin News
Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shi...