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news-imageSeptember 29, 2024

Changpeng Zhao Makes First Statement Post-Prison Release

Changpeng Zhao, the founder of Binance, has spoken publicly for the first time following his release from prison.
Publisher: Coinspress
Sentiment: Neutral
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Positive
cover-imageBitcoin
September 29, 2024

Crypto Trading Volumes Double After Lifting of Ban in Bolivia

According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising.

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Positive
cover-imageCoinPedia
September 29, 2024

FTX Creditors All Set To Vote On Payback Plan, Repayment Soon?

FTX Creditors are all set to vote on a reorganization plan, which could open the door to repayment soon. Court documents and a call to vote that surfaced online suggest that the creditors could soon receive back their lost funds.

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Neutral
cover-imageCoinPedia
September 29, 2024

Chinese Ex-finance Minister Suggests China To Examine Crypto Advancements Amidst US Policy Shift

The former Chinese finance minister, Lou Jiwei has encouraged China to closely examine the advancements in cryptocurrency, during a speech at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing. The ex-government official highlighted the potential risks crypto poses to financial stability, including volatility and money laundering.

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Negative
cover-imageBitcoin
September 29, 2024

CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans

The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures.

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Positive
cover-imageCoinPedia
September 29, 2024

Top 3 Meme Coins to Turn $100K to $1M in October Bull Run!

The meme coins are making a comeback as the recovery rally in Bitcoin crosses the $66K mark momentarily. Further, the anticipations for a bounce back to $70K in Bitcoin next week boost the FOMO rally in meme coins.

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Negative
cover-imageCryptopolitan
September 29, 2024

The absurdity of crypto's presence in America's political circus

Crypto crashed into the American political scene like a bad reality show no one asked for. And now, November 5 is about to be America's first “crypto election,” with hundreds of millions of dollars pouring into political campaigns.

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Positive
cover-imageBitcoin
September 29, 2024

Enter Into The Beacon's Roguelike Dungeons and Earn NFTs

After a laid-back farming session in Pixels last week, Regina cranks up the intensity with The Beacon, a dungeon-crawling NFT game Last week's quick recap From last week's gameplay, we played Pixels, a Web3 game set in a captivating world with vibrant pixelated characters and lush farms.

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Negative
cover-imageBitcoin
September 29, 2024

Why Stablecoins Fail: Lessons From the Past

Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears.

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Positive
cover-imageBitcoin
September 29, 2024

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia's central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China.

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