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Day: October 11, 2023

  1. Home
  2. 2023
  3. October
  4. 11
  5. Page 2
Understanding the Changing Landscape of Ethereum’s Supply
  • bob
  • 2023-10-11
  • Cryptocurrency Innovations
  • Investment Insights
  • Market Updates
  • World

Understanding the Changing Landscape of Ethereum’s Supply

Large holders of Ethereum have been reducing their holdings, leading to a decrease in ETH held by whales and big investors. This trend has raised questions about the reasons behind this shift and its implications for the Ethereum ecosystem. It remains unclear whether these holders are simply selling off their assets or if there are […]

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JPMorgan Launches Tokenized Collateral Network for Instant Securities Settlement
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • North America

JPMorgan Launches Tokenized Collateral Network for Instant Securities Settlement

JPMorgan has launched its tokenization platform, the Tokenized Collateral Network (TCN), on its Onyx blockchain. The platform aims to streamline securities settlement between major institutions by tokenizing assets on a blockchain. TCN recently settled its first trade between BlackRock and Barclays, allowing for instant transfer of collateral instead of the usual day-long process. BlackRock used […]

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FTX Trading Arm Alameda Research Allegedly Paid Bribe to Chinese Government to Unfreeze $1 Billion: Court Transcripts
  • bob
  • 2023-10-11
  • Asia
  • Company News
  • Cryptocurrency Exchanges
  • Regulatory Developments

FTX Trading Arm Alameda Research Allegedly Paid Bribe to Chinese Government to Unfreeze $1 Billion: Court Transcripts

Caroline Ellison, a close confidant of former FTX CEO Sam Bankman-Fried, has revealed in court transcripts that FTX’s trading arm, Alameda Research, paid a bribe to the Chinese government to unfreeze $1 billion. Ellison, who is also the former CEO of Alameda, disclosed this information during questioning by United States Attorneys. She stated that Alameda’s […]

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FTX Founder Faces Accusations of Deception and Theft in High-Stakes Trial
  • bob
  • 2023-10-11
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • Market Analysis and Predictions
  • North America
  • Regulatory Developments

FTX Founder Faces Accusations of Deception and Theft in High-Stakes Trial

The trial of Sam Bankman-Fried, the former CEO of crypto exchange FTX, is currently underway. The United States Department of Justice (DOJ) and the defense have presented their arguments. The DOJ accuses Bankman-Fried of intentionally deceiving investors and using his company, Alameda, to steal customers’ funds. They also claim that he had influence over politicians […]

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Ripple’s CFO Departs Amid Ongoing Lawsuit with SEC, Settlement Talks Imminent
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

Ripple’s CFO Departs Amid Ongoing Lawsuit with SEC, Settlement Talks Imminent

San Francisco-based blockchain startup Ripple is facing challenges in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). Last week, a U.S. judge rejected the SEC’s appeal for an interlocutory motion in the Ripple lawsuit and pushed for a settlement between the two parties. Amidst this legal battle, Ripple’s Chief Financial Officer, Kristina […]

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iFinex Announces $150 Million Share Buyback Plan to Regain Control and Address Regulatory Scrutiny
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America

iFinex Announces $150 Million Share Buyback Plan to Regain Control and Address Regulatory Scrutiny

iFinex, the parent company of BitFinex and collaborator with Tether Holdings, has announced a $150 million share buyback plan. This move is seen as a significant step towards the company’s growth and efforts to address its troubled past. The buyback plan offers a price of $10 per share for 15 million shares, representing 9% of […]

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Bitcoin Price Manipulation Scandal Unveiled in Trial of FTX Founder
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Exchanges
  • Market Updates
  • World

Bitcoin Price Manipulation Scandal Unveiled in Trial of FTX Founder

In a shocking turn of events, revelations have emerged during the trial of Sam Bankman-Fried, founder of FTX, regarding an alleged conspiracy to manipulate Bitcoin prices. Bankman-Fried’s ex-girlfriend and former head of Alameda Research, Caroline Ellison, testified about damning conversations and documents that shed light on potential market manipulation. One conversation note revealed Ellison’s instruction […]

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CoinMarketCap Introduces AI Chatbot Plugin for Crypto Enthusiasts
  • bob
  • 2023-10-11
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • World

CoinMarketCap Introduces AI Chatbot Plugin for Crypto Enthusiasts

Crypto data aggregator CoinMarketCap, owned by Binance, has introduced a new plugin for its AI chatbot ChatGPT. This plugin allows users to ask the large-language model (LLM) a range of crypto-related questions. By enabling the plugin, users can access real-time information sourced directly from CoinMarketCap, including listings, gainers and losers, and blockchain statistics. The plugin […]

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Attorney Challenges Jim Cramer’s Bitcoin Prediction with Successful Investment
  • bob
  • 2023-10-11
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Market Analysis and Predictions
  • North America

Attorney Challenges Jim Cramer’s Bitcoin Prediction with Successful Investment

Attorney John E Deaton, who is representing Ripple (XRP) investors in a lawsuit against the US Securities and Exchange Commission (SEC), has invested in Bitcoin (BTC) after hearing TV host Jim Cramer’s negative stance on the cryptocurrency. Cramer has a history of making inaccurate predictions about crypto, such as advising to sell BTC at $17,000 […]

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Tornado Cash Emerges Strong After US Sanctions and Arrests, Handling $77.35 Million in Crypto Assets
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Tornado Cash Emerges Strong After US Sanctions and Arrests, Handling $77.35 Million in Crypto Assets

Blockchain analysis firm Arkham Intelligence has reported that crypto mixing platform Tornado Cash has bounced back after facing sanctions from the US government and the arrest of its key figures. According to Arkham Intelligence, Tornado Cash remains the largest crypto mixer on the Ethereum network, with $77.35 million in assets flowing through its contracts in […]

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