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Cryptocurrency News

Location American Cryptocurrency News for 28 July 2023
Terra Luna Classic Price Prediction as LUNC Falls Below $500 Million Market Capitalization - Here are Key Levels to Watch The Terra Luna Classic price has fallen by 0.5% in the past 24 hours, with its slip to $0.00008144 also representing a 6% loss in the last seven days. This marks a bad week for LUNC, yet the altcoin has been facing a dec...
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SEC Chair Gary Gensler Raises Concerns About Fraud in Crypto Market Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), has voiced concern regarding the prevalence of fraud in the crypto market. In a Thursday interview with Bloomberg, Gensler said that the crypto m...
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U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision The amendment takes aim at crypto mixers and "anonymity-enhancing" crypto assets.
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Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany Brazil's police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm's owners have allegedly escaped the country with around $160 million worth of customers' funds. Police...
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Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday.
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Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC If the SEC decides to change course and approve one or more of of the current spot bitcoin ETF applications, "it must do so in a fair and orderly manner," the statement said.
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Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ Sam Bankman-Fried's repeated efforts to contact witnesses and influence their testimony shows that "no combination of conditions will reasonably assure the safety of the community," prosecutors said in a written filing c...
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69% of Meme Coin Investors Buy for Fun -- Study Delves Into Investor Sentiments on Meme Coins A new study conducted in May 2023 sought to uncover insights, perspectives, and outlooks on meme coins from crypto investors around the world. The online survey of 1,503 participants aimed to gauge meme coins’ potentia...
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DOJ Drops Campaign Finance Charge Against Sam Bankman-Fried Due to Treaty Obligations with The Bahamas On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they "do not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried. This decision came after consu...
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Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.
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Arbitrum DAO's First Grants Programs Take Shape

Coin Desk - 28 Jul 2023 22:25
Arbitrum DAO's First Grants Programs Take Shape Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs.
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Pond0X token launch snafu leads to millions of dollars in losses Investors reported they lost up to $2.2 million when the developer of Pond0x allegedly mishandled the token's launch.
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Seda co-founders discuss intersection of oracles and multichain Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls.
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No, Sam Bankman-Fried Is Not Being Bailed Out By Democrats Republican candidate Vivek Rameswamy is rightly furious over dropped campaign finance charges. But the charges are likely to return after a procedural adjustment - and claims of corruption do more harm than good.
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Sam Bankman-Fried Maybe Hasn't Escaped Campaign Finance Charges Prosecutors just withdrew a campaign finance charge ahead of Sam Bankman-Fried's criminal trial this October. That doesn't mean the U.S. Department of Justice is letting the FTX founder off on alleged criminal conduct, h...
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South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities. At the meeting, KoFIU Commissioner Rhee Yunsu said tha...
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Ex-Fed Policy Analyst's Paper: Stablecoins Present Lower Risk Than Traditional Bank Deposits Dollar-pegged stablecoins may actually be less risky to hold than traditional bank deposits, according to Brendan Malone - a former Federal Reserve Board analyst. Now writing on behalf of technology research and investme...
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'We're Compute Cowboys': Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining An interview with the CEO of Cholla Inc., an oil & gas exploration company that's investing in bitcoin mining.
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Crypto Biz: Elon Musk's X targets financial services, PacWest emergency rescue and more This week's Crypto Biz explores Elon Musk's plans for X, the Italian central bank's take on DeFi, PacWest's merger with Banc of California and more.
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Halogen Capital Launched by Jirnexu Founders to Make Crypto Investing Mainstream in Malaysia Malaysia's newest crypto fund management firm, Halogen Capital, has been launched by the entrepreneurs behind the local fintech player Jirnexu. The new firm already offers a spot Bitcoin (BTC) fund and a lower-risk Incom...
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Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder's Panel The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder...
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UFO Hearing Sparks Crypto Degen Frenzy: More Than 50 Alien Shitcoins Emerge Following a recent hearing, where a former military intelligence officer turned whistleblower disclosed that Congress lacks information about unidentified anomalous phenomena (UAPs) or Unidentified flying objects (UFOs),...
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