October 2023 | Last Cryptocurrency News Feed

Bittrex Gets Court Approval to Liquidate Assets and Wind Down US Operations

Major crypto exchange Bittrex has on Oct. 30 been given the go-ahead by the US bankruptcy court to shutter operations in the United States and also liquidate its assets to repay creditors. While the company is closing down its US business, the international arm based in Lichtenstein continues to serve customers in other jurisdictions. Bittrex

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Oyster Protocol founder gets 4 years jail for $5.5M tax evasion

Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion.The United States Attorney’s Office said on Oct. 31 that Elmaani — also known by the alias “Bruno Block” — was sentenced to prison following his April 6 guilty

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Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval. 390 Total views 2 Total shares The ticker for Invesco and Galaxy's spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website. Invesco's Galaxy spot Bitcoin ETF

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Telegram Chatbot Unibot Loses $640,000 in Digital Assets to Hacker Exploit

Telegram chatbot Unibot has lost around $640,000 worth of digital assets after a hacker managed to exploit a vulnerability in the newly deployed contract. The team behind the protocol said that it is currently investigating the issue and will soon release a detailed response. PeckShield reported that the attacker transferred the pilfered cryptocurrency to Uniswap

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SEC Chairman Wishes Bitcoin Happy Birthday But Tells Crypto To Watch Its Step

The crypto community celebrated the 15th anniversary of Bitcoin’s whitepaper on Tuesday, which marked the world’s first functional pitch for “peer-to-peer electronic cash.” Among its celebrators was Gary Gensler – the chairman of the Securities and Exchange Commission (SEC) so notorious for his strict enforcement actions against the crypto industry. In a tweet on Tuesday

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CFTC pays whistleblowers $16M this year for mostly crypto tips

Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. 51 Total views 1 Total shares The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto.In an Oct.

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3 things we might see from crypto as 2023 winds to an end

As the holiday season approaches, anticipation in the cryptocurrency world heightens for the annual phenomenon known as the "Santa rally." Amidst this festive period, market dynamics tend to shift. This season, there are several factors that could influence the last few months of the year.Institutional investment surgeCryptocurrency prices spiked notably at the end of 2020

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Why Investors Are Starting to Buy Bitcoin Over Bonds: $2 Trillion Allianz Economist

Markets are turning away from bonds and into assets like Bitcoin (BTC) as “safe haven” stores of value as global war conflicts heat up, an Allianz Economist told CNBC in an interview last week. The analyst for the $2 trillion financial services firm explained why the Treasury market has been so volatile this month, and

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Bitcoin Dominates Institutional Inflows on the Back of Recent BTC Price Rally

According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, digital asset investment products received a total of $326 million in inflows, marking the highest weekly influx since July 2022. The asset manager speculated that the rising optimism from investors that the US Securities and Exchange Commission would approve a spot-based Bitcoin

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As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions

NEW YORK – Sam Bankman-Fried's criminal fraud trial is entering the home stretch, with federal judge Lewis Kaplan set to explain to jurors how the law applies to the seven charges against the FTX founder.Both the Department of Justice and the defense team rested their respective cases on Tuesday after the one-time crypto exchange heavyweight