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Cryptocurrency Latest News & Updates

This section covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money.
Wed, 04 Oct 2023

UK to launch Digital Securities Sandbox in Q1 2024

HM Treasury’s Digital Securities Sandbox will have “a new rule set that would allow it to do new things with digital securities.”The United Kingdom will apparently get its second crypto sandbox by ...

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Wed, 04 Oct 2023

Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.Friend.tech users are warning of possible SIM-s...

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Wed, 04 Oct 2023

Lawyers debate over Ripple case after rejection of SEC’s motion for appeal

Crypto lawyer Jeremy Hogan described the recent order as a “disaster” for the SEC, but other legal commentators are urging the community to temper its excitement for now.Crypto lawyers are seemingly ...

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Wed, 04 Oct 2023

5 highlights of Sam Bankman-Fried’s first day of trial

Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void of his signature curly locks looked on.The ...

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Wed, 04 Oct 2023

Crypto-friendly Patrick McHenry takes interim House Speaker position

Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress.United States Representative and crypto-fri...

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Wed, 04 Oct 2023

Ripple gets formal approval for Singapore payments license

Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore.Ripple has received a full license to operate as a major payment institution from Singapo...

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Wed, 04 Oct 2023

SEC asks judge to reject Coinbase’s motion to dismiss lawsuit

The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test.The United States ...

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Wed, 04 Oct 2023

Argentine presidential candidate wants CBDCs to ‘solve’ hyperinflation

Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.Argentine presiden...

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Wed, 04 Oct 2023

Judge rejects SEC’s motion to file an appeal against Ripple ruling

District Court Judge Analisa Torres denied the SEC’s motion to file an appeal, claiming that the regulator did not show that there were substantial grounds for difference of opinion.District Court Judg...

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Tue, 03 Oct 2023

US Treasury sanctions crypto wallets as authorities crack down on fentanyl

According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs.The Office of Foreign Assets Control (OFAC) ...

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Tue, 03 Oct 2023

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Ba...

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Tue, 03 Oct 2023

Cardano stablecoin project gambled away investors’ money before rug: Report

Ardana claimed to be creating a stablecoin platform on Cardano, but new evidence suggests it may have lost investors’ money in bad crypto trades.In 2021, Ardana Labs claimed it would provide an innovat...

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Tue, 03 Oct 2023

FTX execs who pleaded guilty are potential witnesses in Sam Bankman-Fried’s criminal case

According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang and Nishad Singh among those who may offer testimony.Many former executives of the FTX...

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Tue, 03 Oct 2023

Bitcoin price drops its early week gains — Here is why

Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.Bitcoin (BTC) price gained 6...

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Tue, 03 Oct 2023

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.District Court Judge Analisa Tor...

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Tue, 03 Oct 2023

Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi

The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2...

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Tue, 03 Oct 2023

Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown

Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.Bitcoin’s (...

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Tue, 03 Oct 2023

Sam Bankman-Fried sues insurance company for defense costs as trial opens

SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.As the final preparatio...

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Tue, 03 Oct 2023

Bitcoin drives digital asset product inflows for the first time in 6 weeks: Report

Solana was the only other major asset to show inflows for the week.Digital asset investment products experienced inflows for the first time in six weeks from Sept. 22 to 28, according to the latest Digit...

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Tue, 03 Oct 2023

Alex Mashinsky’s jury trial scheduled for September 2024

According to a New York court, the former Celsius CEO will remain free on $40 million bail through the legal proceedings.A New York court has set the criminal trial for former Celsius Network CEO ...

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Tue, 03 Oct 2023

Ecosystem developers bring Bitcoin to Cosmos network

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC.Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (...

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Tue, 03 Oct 2023

What has Sam Bankman-Fried been up to in jail?

Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August....

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Tue, 03 Oct 2023

As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users

Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.The criminal trial of former FTX CEO ...

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Tue, 03 Oct 2023

Optimism network launches testnet fault-proof system in pursuit of decentralization

OP Labs implemented its modular fault-proof system on the OP Goerli testnet.OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 bl...

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Tue, 03 Oct 2023

12 crypto experts’ tips for companies working with tokenized assets

As the idea of tokenizing assets continues to gain momentum, companies must keep regulatory compliance in mind.For many consumers, dealing with certain industries — including finance and real estate ...

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Tue, 03 Oct 2023

Why is Bitcoin price down today?

Soaring U.S. bond yields and overbought signals have pressured Bitcoin down from its one-month high.The price of Bitcoin (BTC) has reversed sharply ...

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Tue, 03 Oct 2023

Binance to shut down BUSD lending by October 25

The move is part of a phased termination of BUSD support by February 2024.Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25....

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Tue, 03 Oct 2023

Crypto community tells Elon Musk to dump Satoshi ‘X’ account

The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto, claiming it is in breach of the platform’s terms of use.Members of the crypto community have rallied...

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Tue, 03 Oct 2023

Bitcoin analysts still predict a BTC price crash to $20K

BTC price has various reasons to return to $20,000, from a “head and shoulders” pattern to a FUD-induced cascade, Bitcoin analysis warns.Bitcoin (BTC...

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Tue, 03 Oct 2023

How the actor model could enable better blockchain gaming apps

Can developments in computing help fix blockchain gaming’s quality problem?Decentralized applications (DApps), including apps for gaming, have gained traction for their transparency, security and user...

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