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Cryptocurrency News

Location American Cryptocurrency News for 23 August 2023
Crypto Investors Pull Out $55 Million Amid Doubts Over Bitcoin ETF Approval Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-...
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Best Crypto to Buy Now August 23 - Toncoin, Binance Coin, Tron With cryptocurrency prices experiencing a downturn and the S&P Global US manufacturing PMI slipping to 47 in August from 49 in July, a surprising supporter for Bitcoin has come forward--U.S. presidential candidate Robert...
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BlockFi argues FTX, Three Arrows Capital isn't entitled to repayments BlockFi argues its creditors, not FTX's, are the "ultimate victims" of FTX's alleged fraud.
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Higher Bond Yields Contribute to Bitcoin's Extended Losses Bitcoin losses continued today as bond yields continued to rise, causing concern for investors. This downturn has seen the leading digital currency dip below its two-month low of $26,000 for a loss of 0.74% over the past...
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An Adderall Shortage and No Vegan Meals -- Former FTX Boss Struggles With Jail Life After Sam Bankman-Fried, once the head of FTX, petitioned the court for a five-day-a-week release from incarceration, the overseeing judge swiftly denied the plea. On Tuesday, Bankman-Fried pleaded not guilty in response...
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Binance Pay Steps into Brazil: Simplifying Crypto Payments for Businesses - Crypto Adoption on the Rise? The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said. Compared with traditional p...
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FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.
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BRICS Bank to Issue First Indian Rupee Bond -- Plans to Boost Local Currency Lending The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week, the bank issued its first South African rand bond. “NDB is seeking to inc...
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Atomic Wallet Investors Files Lawsuit For A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million. According to a report by German BNE Intell...
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Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains Despite today's market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
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Price analysis 8/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB Bitcoin and altcoins perked up today, but is this rally nothing more than an oversold bounce?
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Gaming Titans FaZe Banks and Nadeshot Among Friend.tech's Top Earners Top esports and gaming influencers, including Ricky "FaZe Banks" Bengston, Nordan "FaZe Rain" Shat, and 100 Thieves CEO Matthew "Nadeshot" Haag, are among the leading earners on the new social token platform Friend.tech....
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Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice. Developers...
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Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading Nate Chastain, the ex-head of product at NFT platform OpenSea, has been sentenced to three months in prison for profiting tens of thousands of dollars through insider trading of assets showcased on the platform's homepag...
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Shopify Customers Can Now Pay In USDC Via Solana Pay Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday.
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FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day Creditors are lamenting the rapid drain of cash from the global exchange's bankruptcy as the process stretches over more months.
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Why is the crypto market down this week?

Coin Telegraph - 23 Aug 2023 22:03
Why is the crypto market down this week? Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market's underperformance.
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FTX Founder SBF to Pin Blame For FTX Collapse on Bad Legal Advice Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt cryptocurrency exchange FTX, is going to attempt to get off the hook by saying he was acting in "good faith" by following the advice of his former lawyers. ...
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The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the co...
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Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As part of these efforts, the institution seeks to expand lendi...
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Marathon Digital CEO Expresses Optimism For Spot BTC ETF Approval, Fixes Odds Above 50:50 Marathon Digital CEO Fred Thiel remains positive over the potential approval of a spot Bitcoin (BTC) Exchange Traded Fund (ETF) in the United States by the Securities and Exchange Commission (SEC). The SEC has not yet ap...
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So-called "Blue-chip" NFTs have been struggling over the course of the last 30 days, crypto data analytics firm Nansen stated in a tweet th
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