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Cryptocurrency News

Location American Cryptocurrency News for 10 October 2024
FBI Creates Crypto Token to Expose Fraud -- Seizes $25M in Cryptocurrency, Charges 18 Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated ...
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Ohio's New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of...
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Brazilian Authorities Launch Operation Targeting Entities Facilitating Crypto Money Laundering The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search war...
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Trump's Lead Over Harris Widens on Polymarket's Prediction Market His odds of winning the U.S. presidential election have soared to a more than two-month high.
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USDT Faces Downward Pressure as Investors Pivot to Stocks in China USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto i...
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US election outcome won't stop Bitcoin from hitting $100K: Dan Tapiero Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said.
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SEC sues Cumberland DRW for unregistered crypto dealer activities Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018.
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SEC sues Cumberland DRW for unregistered crypto dealer activities Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018.
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Four Reasons Ether ETFs Have Underperformed

Coin Desk - 10 Oct 2024 21:47
Four Reasons Ether ETFs Have Underperformed ETH ETFs haven't gained the same traction as BTC ETFs, even seeing net outflows this week. Tom Carreras investigates why.
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Over 63,000 BTC were sent to exchanges in last 72 hours -- CryptoQuant The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
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Bitcoin retraces to $59K amid altcoins stagnant with 'regulatory hurdles' Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles."
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Trump Takes Significant Lead Over Harris in Polymarket Odds for 2024 Election Win On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump's odds stand at 55.8%, ...
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Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges According to the latest network data, bitcoin's computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sep...
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Breaking Boundaries: LBank Achieves PRESS RELEASE. In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme extravaganza at ...
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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases...
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CPI data to drive 'favorable impact' on Bitcoin prices -- 21Shares Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years.
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SEC Sues Crypto Market Maker Cumberland DRW

Coin Desk - 10 Oct 2024 19:17
SEC Sues Crypto Market Maker Cumberland DRW The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.
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Ripple Launches 'Bank-Grade' Crypto Custody Solution Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) option...
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Gary Gensler, We're Gonna Miss You (Not)

Coin Desk - 10 Oct 2024 18:47
Gary Gensler, We're Gonna Miss You (Not) The SEC Chair's comments on crypto Wednesday did nothing to encourage anyone in the industry to believe he should continue in his position past this year.
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It's good that Bitcoin doesn't have an eccentric founder -- Adam Back The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.
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Crypto tops fixed-income on ETF investor wishlist: Schwab survey Crypto is second only to equities and for millennial investors it tops the list, the survey said.
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Tron's Justin Sun Wins Liberland Congress Election, Named Acting Prime Minister The blockchain-based Liberland Congress election results were announced, marking a new era for the micronation. Tron founder Justin Sun emerged as the winner and has been appointed as acting Prime Minister by Liberland P...
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