2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.
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MIT Research Group Calls Crypto a Testing Ground for a Central Bank Digital Asset
MIT’s crypto and distributed ledger tech research group, the Digital Currency Initiative, recently explained that a central bank digital currency (CBDC) will eventually use some of the concepts and technology currently at play in the experimental crypto space.“CBDC should not be a direct copy of existing cryptocurrencies with exactly the same design and features but there…

Dormant Bitcoin wallet moves $536M after over 5-year hiatus
The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.

Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018
The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume. Combined global peer-to-peer (P2P) Bitcoin trading volumes have surged to their highest levels since January 2018, with nearly $95 million worth of Bitcoin (BTC) changing hands on Localbitcoins and Paxful in the first week of August.The…

High-conviction Bitcoin traders targeted in new long BTC ETFs
Rex Shares’ new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin’s price volatility.

Bitstamp halts ETH staking in the United States
The crypto exchange is ending staking services for U.S.-based users on Sep. 25; the decision came a few weeks after Bitstamp halted trading for seven altcoins in the country. 71 Total views 6 Total shares Crypto exchange Bitstamp will discontinue staking services for customers based in the United States. In a message shared with Cointelegraph,…

Crypto Stories: YouTuber Paco de la India explains his travels using Bitcoin
The Bitcoiner had visited eight different countries out of his goal of forty and was in Africa at the time of Cointelegraph’s interview. 112 Total views 3 Total shares A YouTuber started traveling the world to see whether he could survive solely on Bitcoin as a means of payment.In the latest episode of Cointelegraph’s ‘Crypto…

Trump signs executive order for working group on crypto
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.

Celestia Foundation raises $55M for modular blockchain architecture
The company claims that the technology will solve the challenges inherent when deploying and scaling blockchains. Celestia Foundation announced on Oct. 18 that it had raised $55 million in a funding round led by Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures,…