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Day: October 7, 2023

  1. Home
  2. 2023
  3. October
  4. 07
  5. Page 2
Bitcoin and Ethereum Options Expiry Set to Increase Volatility
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

Bitcoin and Ethereum Options Expiry Set to Increase Volatility

The crypto market could experience heightened volatility over the weekend and coming weeks as more than $700 million worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. According to market aggregate data provided through Coinglass, the total option open interest comprises about 213,121 BTC in call bets compared to 107,085 BTC in […]

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Cryptocurrency Market Struggles to Remain Afloat Amid Bearish Pressure
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America

Cryptocurrency Market Struggles to Remain Afloat Amid Bearish Pressure

Bitcoin and Ethereum have been struggling to remain afloat in the cryptocurrency market as bearish pressure intensifies. Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices. The launch of several Ethereum futures ETFs has done nothing to boost the price of leading cryptocurrencies as market players expected.The […]

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Cryptocurrency Project Stars Arena Suffers Major Security Breach, $2.9 Million Stolen
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • World

Cryptocurrency Project Stars Arena Suffers Major Security Breach, $2.9 Million Stolen

A major security breach has occurred in the Avalanche-based social app Stars Arena, resulting in the theft of nearly $2.9 million in AVAX tokens. The attack was announced by the team behind Stars Arena on Saturday, and was estimated by blockchain security resource PeckShield to be close to $3 million in AVAX tokens. DeFiLlama data […]

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Binance Launches UK Domain in Compliance with Financial Promotion Rules
  • bob
  • 2023-10-07
  • Cryptocurrency Regulations
  • Europe
  • Regulatory Developments
  • Sustainable Finance

Binance Launches UK Domain in Compliance with Financial Promotion Rules

Binance, the world’s largest exchange, has launched a new domain for United Kingdom users in compliance with the incoming financial promotions rules of the island nation. The new rules, announced by the UK’s Financial Conduct Authority (FCA) in June, are designed to ensure that all potential investors understand the risks that come with dealing with […]

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ACCERX Upgrades Security Protection System, Enhancing User Privacy and Data Protection
  • bob
  • 2023-10-07
  • Company News
  • Cryptocurrency Innovations
  • Financial Scams and Security
  • World

ACCERX Upgrades Security Protection System, Enhancing User Privacy and Data Protection

ACCERX, a leading cryptocurrency trading platform, recently announced a significant upgrade to its security protection system. This upgrade covers various aspects of technology, products, and services, and has been welcomed by a wide range of users. The platform has adopted innovative technologies and safety measures to cope with the ever-growing security threats, such as an […]

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Sam Bankman-Fried on Trial: Alameda Research Allegedly Withdrew $8 Billion from FTX
  • bob
  • 2023-10-07
  • Company News
  • Financial Scams and Security
  • North America
  • Regulatory Developments

Sam Bankman-Fried on Trial: Alameda Research Allegedly Withdrew $8 Billion from FTX

Sam Bankman-Fried (SBF) is on trial for fraud, with Gary Wang, co-founder of FTX, providing testimony. Wang revealed that Alameda Research, an associated company of SBF, had a “large line of credit” and was able to trade more than it had in its account. This was done with a code attached to the FTX wallet […]

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Ripple Wins Prestigious Award After Court Rejects SEC’s Motion
  • bob
  • 2023-10-07
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Ripple Wins Prestigious Award After Court Rejects SEC’s Motion

Ripple has won a prestigious award at the PAY360 Awards in the United Kingdom for having the “best use of digital currencies and assets in financial services”. The award comes days after the US district judge Analisa Torres rejected the interlocutory appeal by the US Securities and Exchange Commission to the ruling that recognized the […]

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JPMorgan Report Confirms Ethereum’s Centralization Risk After Transition to PoS
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Europe
  • Regulatory Developments

JPMorgan Report Confirms Ethereum’s Centralization Risk After Transition to PoS

Ethereum (ETH) has recently launched two major upgrades, the Merge and the Shanghai Upgrade, to transition from Proof of Work to the Proof of Stake consensus mechanism and improve scalability, usability, and security. However, a recent research report from JPMorgan (JPM) has confirmed that the transition to PoS puts Ethereum’s decentralized nature at risk, as […]

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Swiss Banks Embrace Cryptocurrency: ZugerKB Leads the Way
  • bob
  • 2023-10-07
  • Cryptocurrency Innovations
  • Europe
  • Market Analysis and Predictions
  • Regulatory Developments

Swiss Banks Embrace Cryptocurrency: ZugerKB Leads the Way

The Swiss banking sector is making headlines with the announcement of cryptocurrency services. The Lucerne Cantonal Bank (LUKB) made the first move by announcing a crypto offering for early 2024. This week, the Zuger Kantonalbank (ZugerKB) has taken the spotlight by offering immediate trading and custody services for six selected cryptocurrencies. This was made possible […]

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Wall Street Giants Could Trigger 3,219% Bitcoin Price Surge in 5 Years: Analyst
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America

Wall Street Giants Could Trigger 3,219% Bitcoin Price Surge in 5 Years: Analyst

The anonymous host of InvestAnswers has predicted that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could trigger massive inflows from Wall Street giants. According to the analyst, if seven Wall Street firms allocated just half a percentage point of their $25.22 trillion in assets under management (AUM) to spot Bitcoin ETFs in […]

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