SEC Files Notice of Appeal in Case Against Ripple
The U.S. Securities and Exchange Commission announced it would appeal a federal judge’s ruling in its case against Ripple on Wednesday.
Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues
Bitcoin’s price is currently retesting its “Bull Market Support Band” trend indicator, where prices often rebounded from pullbacks during uptrends.
SEC Enforcement Director Gurbir Grewal Is Leaving the Agency
Gurbir Grewal, the U.S. Securities and Exchange Commission’s (SEC) director of enforcement, is stepping down and departing the agency, according to a Wednesday press release.
Kamala Harris’s Unrealized Capital Gains Tax Would Hurt All Crypto Investors
The proposed 25% levy would hurt early investors in bitcoin and lead to a selloff in the wider market, says Zac Townsend, CEO and co-founder of Meanwhile.
Long squeeze alert as US stocks bullish sentiment went ‘through the roof’
Investors are piling into U.S. stocks like never before. The net long positions in U.S. equity futures by investors—excluding market-makers—have … Continue reading
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Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin ‘Pepper’
The Chiliz blockchain is aiming to become “the sports blockchain,” its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.
Plus Wallet Leads with Strong Payment Controls While OKX Wallet & KUNA Pay Struggle to Keep Up
In today’s digital era, managing crypto assets efficiently is crucial. OKX Wallet and Plus Wallet both serve this need but … Continue reading
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BNB, SOL Surge as Binance Founder Walks Free; Whales Go All In on DTX Exchange Pre-Sale
Following a prolonged prison charge, the Binance community now sees its founder back home after he was recently released. This … Continue reading
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The Protocol: Inside North Korea’s Campaign to Put Crypto Developers on Payroll
In this week’s issue of CoinDesk’s weekly blockchain tech newsletter, we’ve got names, details and anecdotes on crypto companies’ unwitting hires of North Korean developers. PLUS month-end rankings for bitcoin, ether and other digital assets in the CoinDesk 20 index during a strangely bullish September.
Indiana Man Pleads Guilty to Stealing $38M in Crypto Via ‘Cyber Intrusion’
An Indiana man has pleaded guilty to taking part in the “cyber intrusion” of a Sioux Falls, South Dakota-based financial services company, during which he and unnamed co-conspirators hacked into the company’s servers, stole customers’ personal information, and then stole nearly $38 million in cryptocurrency from 571 victims.