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Cryptocurrency News

Location American Cryptocurrency News for 12 October 2023
Russia Could Use Digital Ruble to Evade SWIFT, Wants Foreign Banks to Use its CBDC Russia's Central Bank thinks its digital ruble could let citizens pay abroad without making use of the SWIFT banking platform - and wants to let foreign banks use its CBDC. Per the Russian IT-focused media outlet CNews, ...
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Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediatio...
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The SAFER Banking Act Can End Discriminatory Banking Practices Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.
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Japanese Firms to Use Digital Currency for Clean Energy Certificate Settlements A consortium of Japanese firms is set to launch a yen-based digital currency, "DCJPY," by July 2024, that will be used in transaction and settlement of clean energy certificates. Cryptocurrency exchange DeCurret revealed...
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Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz's Galaxy Digital Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round. Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro...
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Alameda's $150M Bribery Bombshell: Thai Sex Workers and Sam Trabucco's Disappearance Fuels Mystery In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The ...
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DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC. The transaction was initially captured on DeFi and DEX ag...
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Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.
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Coinbase Sounds Alarm on IRS Crypto Tax Proposal

Coin Desk - 12 Oct 2023 23:00
Coinbase Sounds Alarm on IRS Crypto Tax Proposal As the U.S. crypto exchange called the recent IRS proposal for taxing crypto "incomprehensible," the tax agency flagged that the industry isn't paying its fair share.
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Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest - Crypto Funding Making a Comeback? Web3 social media startup Republik has announced the successful closure of its $6 million seed funding round, bringing its valuation to $75 million. The investment round saw participation from several predominantly Asian...
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Brazil Committee Recommends Indicting Binance Officials, CZ A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operat...
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Caroline Ellison's Home was Raided by FBI while her New FTX/Alameda Boyfriend was there In another shocking day in the trial against Sam Bankman-Fried, Caroline Ellison revealed that the Federal Bureau of Investigation raided her home while her new boyfriend, a former FTX/Alameda employee, was present. Howe...
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Uptober may be over: Bitcoin price data shows investor sentiment at 3-month low Bitcoin price has corrected at each attempt to rally above $28,000. Cointelegraph explains why.
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Best Crypto to Buy Now October 12 - Frax Share, GALA, Cronos New data released Thursday showed U.S. inflation remained elevated in September, sending Bitcoin and other cryptocurrencies modestly lower. The Consumer Price Index, which tracks costs for household goods and services, r...
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Here's How the Latest Hot US CPI Numbers Impacted Crypto Markets Hotter-than-expected US Consumer Price Index (CPI) inflation numbers did little the shift sentiment in the crypto market on Thursday. Bitcoin (BTC) was last trading just under $26,700, just to the north of its 50-Day Mov...
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Bitcoin Price Prediction as US Core Inflation Data is Announced - Is a Bullish Reversal Imminent? In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12. As recent US inflation data outstrips forecasts, the financial realm...
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Blockchain Analysts Just Added This New Coin to Their Portfolio - What Do They Know? As Bitcoin prepares for its next halving event, expected post-April 2024, blockchain analysts are showing interest in yPredict, an AI trading platform currently in the latter stages of its crypto presale. The attention t...
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Charlie Munger's Zoomtopia Keynote: Crypto, AI, and Life Wisdom Charlie Munger, renowned investor and Vice-Chairman of Berkshire Hathaway, took the stage during video conferencing company Zoom's Zoomtopia conference on October 4, sharing his thoughts on crypto, artificial intelligenc...
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Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticul...
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Web3 Credentials Platform Galxe to Refund $396,000 to Affected Users Post DNS Attack - Here's the Latest Web3 credentials and rewards platform Galxe has announced intentions to refund over $396,000 to more than 980 users who were impacted by a significant DNS attack last week. In addition to the refund, Galxe has committed ...
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Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims U.S. regulators have targeted former Voyager Digital CEO Stephen Ehrlich with lawsuits claiming he engaged in fraud and deliberately misrepresented his customers' government protections.
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BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that ...
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