FBI token: How the FBI used a fake AI fund coin to nab fraudsters
The FBI’s ‘NexFundAI’ coin was used to catch alleged market manipulators, but the crypto community may have confused it with another coin.
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Société Générale subsidiary becomes the first fully-licensed crypto provider in France
Forge will have a right to custody digital assets, to purchase and sell them for legal tender, and to trade them against each other. 354 Total views 5 Total shares Forge, a subsidiary of Société Générale — the third-largest bank in France — became the first company to obtain the highest access license for providing…
Binance files US lawsuit against Forbes and two cryptocurrency journalists
Cryptocurrency exchange alleges "millions of dollars" in losses as a result of what it describes as a "false and misleading" article. 1001 Total views 2 Total shares Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an…
Bitcoin Price Returns to $7.6K as Markets Reaffirm New Support Levels
Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily overview. Source: Coin360Bitcoin reaches local high close to $7,650Data from Coin360 showed BTC/USD passing the $7,600 mark across major exchanges, going on to challenge $7,650 before correcting. At press time on…
More volatile than Bitcoin? Netflix shares plunge 25%
The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. 409 Total views 20 Total shares The stock market has once again made crypto look stable by comparison with the Netflix (NFLX) stock price dropping 25% in after-hours trading tod.The…
Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis
While intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise. After discovering Bitcoin, most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up due to the cost and rigor of running ASIC miners, regulatory uncertainty, and the lack of…
Is Ethereum’s rally signaling the next bull market phase for Bitcoin above $50K?
Bitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the alt season isn’t over yet.Meanwhile, Bitcoin’s price faces a crucial resistance to break through, while Ether (ETH) is already cracking that resistance, hitting a three-month high versus…
Russian central bank signals agreement with crypto law revisions: Report
A top Russian central bank official said at a press conference that the monetary authority will permit foreign trade with crypto. 112 Total views 9 Total shares First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters reported, along with Russian…
Crypto in the Philippines: Necessity is the mother of adoption
Binance’s Changpeng Zhao describes the Philippines as “one of the most active crypto communities in Asia” and it’s the perfect way to sum up the country’s blend of high adoption amid relatively low affluence.With GDP spending power of less than $10,000 per head each year, this nation of 7,100 islands is far from a major…