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Cryptocurrency News

Location American Cryptocurrency News for 1 October 2023
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcemen...
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Vitalik Buterin Discusses Ethereum Protocol 'Enshrining': 'Blockchains Are Social Systems' Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted th...
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Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt ...
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FTX's Bankman-Fried Cannot Blame Lawyers in Opening Statement: Judge Sam Bankman-Fried cannot blame FTX's lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called "advice-of-counsel" defense later, the federal judge overseeing his case...
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NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NF...
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Congress Passes Funding Bill to Avoid US Government Shutdown The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown. The bill, which received overwhelming support with a vote of 88 to 9...
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Bitcoin Ordinal Inscriptions Cool Down After Historic Peak Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the not...
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Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval -- Week in Review A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to pur...
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Chainlink Completes Falling Wedge on Weekly Timeframe While P2E Battle Token Crosses $150k in Presale Chainlink (LINK) has completed a bullish falling wedge pattern on the weekly timeframe, gaining nearly 14% over the past week and trading at $7.418 with a volume of $2.70 million. Additionally, Meme Kombat's Battle Token...
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Did You Know About These Crypto Airdrops in October? As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They al...
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Pepe Coin Gains 9% in 7 Days as One of Web3's Hottest New Gaming Platforms Draws $165k in Presale Over the past week, Pepe Coin has emerged as a cryptocurrency worth noting, marking an impressive 9% surge. This ascent is further accentuated by its association with one of the web3's most buzzed-about gaming platforms,...
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Protocol Guild In For Big Pay Day From Ether ETF

Crypto News - 1 Oct 2023 11:00
Protocol Guild In For Big Pay Day From Ether ETF VanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years. The beneficiary of this initiativ...
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Report: Hacked Nigerian Crypto Exchange Raises Capital for User Reimbursements The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing...
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Bitcoin.com Partners With Busan International Film Festival as Major Sponsor Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held...
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Former US President Donald Trump May Change Crypto Stance Dramatically, Says Ex-SEC Official The U.S. Securities and Exchange Commission’s former head of internet enforcement says former U.S. President Donald Trump’s anti-crypto stance may change dramatically. He further predicted that if a Republican is ele...
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Robert Kiyosaki Expects Bitcoin to 'Become Priceless' When the Fed Launches Central Bank Digital Currency Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasiz...
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'I Won't Tell if You Don't' -- SEC Unearths Alleged Scheme by Do Kwon to Fabricate Terra Transactions In the wake of the U.S. Securities and Exchange Commission’s (SEC) call to depose Terraform Labs creator and former CEO Do Kwon, the SEC unveiled an alleged exchange between him and his former associate Daniel Shin. Th...
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