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Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits – Exchanges Bitcoin News
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin ...
SBF’s Dark Money Contributions Prompted FEC Investigation
An group that keeps an eye on things in the neighborhood has asked for a probe to be conducted into the political contributions that Sam Bankman-Fried has made in the past. The organization asserts th...
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’ – News Bitcoin News
Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of cryptocurrencies. In an interview with Dagens Nyheter...
3Commas Refutes Allegations That Employees Stole API Keys
The firm that trades in cryptocurrencies provides another denial of the claim that the API keys of users were stolen and urges consumers to file a complaint with the local authorities in reaction to t...
Cardano Founder Slams David Gokhshtein for Spreading “Fake News” About Ripple Case
Alex Dovbnya Charles Hoskinson and David Gokhshtein have duked it out on Twitter over Ripple settlement rumors Input Output CEO Charles Hoskinson lashed out at cryptocurrency influencer David Gokhshte...
Bank Of England Accepts CBDC Wallet “Proof Of Concept” Applications
The bank stipulates that the wallet must be capable of performing fundamental functions such as exchanging currency and requesting payments, and has fixed its price at close to $255,000. The Bank of E...
Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba – Mining Bitcoin News
Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts als...
Crypto News for the Week Ahead! CPI, FOMC & More!
The crypto space, which had geared up to some extent during the past few days, appears to have again re-entered the bear trap. Moreover, the upcoming week is speculated to be more intense as the major...
Caroline Ellison hires former top SEC crypto regulator
According to a story published on the 10th of December by Bloomberg, Caroline Ellison, the former CEO of Alameda Research, would be represented in an ongoing federal investigation by a former senior c...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Exchanges Bitcoin News
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
Terra Co-Founder Do Kwon Allegedly Hiding In Serbia
In order to send Kwon back to South Korea so that he may face charges there, South Korean officials have made a request for assistance from the government of Serbia. Do Kwon, the controversial founder...
SBF Wishes To Create A Company, Formally Added As Hearing Witness
The former CEO of FTX has shown interest in launching a new company in order to satisfy all of the company’s debtors, who number over one million and are owed up to fifty billion dollars. Bankma...
Here’s How to Take Your Stock Chart Reading to the Next Level
Chart reading is widely regarded as little more than pattern recognition. Traders look for bullish or bearish patterns, take a position, and then hope that the pattern plays out as it is supposed to. ...
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness – Economics Bitcoin News
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated...
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse – Featured Bitcoin News
Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto despite the crypto winter and the collapse of cryptocurrency exchange FTX. “I’m deep in crypto. I believe in it,”...
Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance – Defi Bitcoin News
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughl...
Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’ – Bitcoin News
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablec...
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed – Bitcoin News
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redac...
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE – Bitcoin News
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the worl...
Webassembly Smart Contracts Are Going to ‘Pull a Lot of Talent From Web2 to Web3’ – Interview Bitcoin News
Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network’s Sota Wat...
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says – Regulation Bitcoin News
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intell...
Judge Dismisses Crypto Lawsuit Against Kim Kardashian – Featured Bitcoin News
A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been dismissed. The judge stated that the law “expects investors to act reas...
Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week – Economics Bitcoin News
Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “p...
Free Cash Flow Is Key to Business Survival, and It’s Why I Like These 2 Stocks
I have learned many things running my own small business over the last decade and a half. One of the most critical is the importance of these three words — free cash flow — to the success ...
Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that bitcoin investors will get richer when the Federal Reserve, the Treasury, and Wall Street pivot and trillions o...
Here’s What to Do When Everyone Sees a Recession in 2023
It looks like 2023 should get off to a bad start. Consensus for early in the year points to recession-related weakness in earnings and this likely portends choppy equities. Mike Wilson from Morgan Sta...
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress – Regulation Bitcoin News
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who...
This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets – Altcoins Bitcoin News
During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the pa...
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days – Altcoins Bitcoin News
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is ...
FTX Insider Reveals New Document, Musk Catches Flak for SBF Comments, Nobel Prize Laureate Krugman Warns of Eternal Winter for Blockchain — Week in Review – The Weekly Bitcoin News
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Mus...