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news-imageNovember 2, 2024

Coinbase Exposes FDIC's Guidance Against Crypto Banking

Coinbase has uncovered more than 20 instances in which the United States Federal Deposit Insurance Corporation (FDIC) advised banks to avoid offering crypto-related services.
Publisher: BeInCrypto
Sentiment: Negative
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Negative
cover-imageBlockworks
November 2, 2024

Web3 Watch: SEC sets its sights on gaming

Web3 gaming firm Immutable on Friday announced it had received a Wells notice from the US Securities and Exchange Commission, indicating that the regulator may soon pursue an enforcement action against the company.

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Positive
cover-imageCoingape
November 2, 2024

How This Crypto Trader Turned $1,000 to $1,000,000,000

The cryptocurrency market is notorious for its volatility, and some traders have mastered the art of leveraging such conditions. A recent success story that caught the attention of crypto investors is that of GCR, a trader who turned an investment of $1000 into $1,000,000,000.

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Positive
cover-imageCoinPedia
November 2, 2024

Arthur Hayes' Top Crypto Picks for Election Season

As the U.S. presidential election nears, BitMEX founder Arthur Hayes has spotlighted Solana (SOL) as his top pick for trading, predicting that it will outperform other major crypto assets.

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Negative
cover-imageCoinPedia
November 2, 2024

Crypto Market Crash : Black Swan Event Could Slash Altcoins by 60% During Election Week

In election week, the market may deal with unexpected events often referred to as “black swan” occurrences. In a recent Telegram post, a crypto analyst known as CryptoCapo TG highlighted the risk of a black swan event potentially occurring before the US election, which could lead to an average price drop of 35% for altcoins.

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Positive
cover-imageBitcoinist
November 2, 2024

Turkish Investors Shift Focus: Crypto Outshines Real Estate In 2024 Investment Trends

A cryptocurrency exchange called Paribu recently conducted a survey highlighting a notable trend in Turkey: an increasing preference for crypto over traditional investment options such as stocks and real estate. The “2024 Cryptocurrency Awareness and Perception Survey” survey involved interviews with 2,002 individuals familiar with crypto and 541 interviews with those actively trading in the digital asset market.

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Negative
cover-imageCryptopolitan
November 2, 2024

Crypto market saw $88M loss from October hacks: Report

Crypto entities and institutions have lost over $88.4 million in defi hacks in October 2024. Per PeckShieldAlert report, Radiant Capital lost the most from October hacker's heists.

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Negative
cover-imageInvezz
November 2, 2024

October sees 20 crypto hacks with $88.4 million in losses, reports PeckShield

October saw continued challenges in the cryptocurrency sector, with hacker attacks and phishing scams resulting in $181 million in losses, according to a recent report by blockchain analytics firm PeckShield. Although a drop from the $120 million seen in September, these incidents underscore ongoing security issues in digital assets.

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Neutral
cover-imageCryptopolitan
November 2, 2024

Why Caroline Ellison had to go to prison but Nishad Singh doesn't

Caroline Ellison and Nishad Singh, two former top executives wrapped up in the FTX and Alameda Research fraud saga, found themselves on different sides of the sentencing spectrum. Caroline, once CEO of Alameda Research, landed two years in prison, while Nishad, another high-ranking figure, walked away with supervised release.

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Positive
cover-imageCoingape
November 2, 2024

UBS Launches Ethereum-Based Tokenized Investment Fund uMINT

The Union Bank of Switzerland (UBS) has introduced a new digital finance advancement by releasing the “UBS USD Money Market Investment Fund Token” (uMINT), a money market fund developed on the Ethereum blockchain. According to a Nov. 1 statement, the UBS tokenized investment fund showcases its dedication to meeting the increasing need for tokenized financial

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Positive
cover-imageCoinPedia
November 2, 2024

Crypto Bull Run 2024: Raoul Pal's Secrets to 100x Profits

In a recent video analysis, Real Vision founder Raoul Pal discusses the looming “Exponential Age,” an era he believes will be defined by quick innovation in technology that may disrupt traditional industries and societal norms. Pal identifies artificial intelligence (AI), robotics, blockchain, renewable energy, and biotechnology as key drivers of this transformative period.

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Negative
cover-imageCryptopolitan
November 2, 2024

Crypto miners near any U.S. Military Base fall under CFIUS scrutiny

The U.S. Treasury Department has finalized a rule to tighten scrutiny on foreign property near military installations, which affects crypto mining. This comes after the United States president weighed in to stop a China-tied crypto operation near a nuclear missile base.

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Negative
cover-imageCryptonews
November 2, 2024

US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX

The U.S. Justice Department is actively seeking the return of up to $13.25 million in political contributions linked to former FTX executives, as revealed in a recent federal court filing. The post US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX appeared first on Cryptonews.

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Neutral
cover-imageCoingape
November 2, 2024

Could the US Election Trigger a Crypto Market Boom or Bust?

Anyone who invested $1,000 in Bitcoin on US election day in 2016 saw a phenomenal return to over $10,000 the following year. This heavily suggests how connected the crypto world can sometimes be with elections and gives an inkling into what may lie ahead in this election cycle.

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Positive
cover-imageBitcoin
November 2, 2024

Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania

Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold Digital Mining Hosting. Bitfarms will deploy 10,000 miners at Stronghold's Scrubgrass site.

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Negative
cover-imageBitcoinist
November 2, 2024

Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble?

An American cryptocurrency exchange announced that it will streamline its operations and make changes in its organizational structure as it aims to become the world's largest crypto platform. As part of the changes, the Kraken crypto exchange will downsize its workforce by at least 15%.

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Neutral
cover-imageBitcoinist
November 2, 2024

Satoshi Nakamoto Unmasked? PR Agency's Claim Raises Skepticism

For over 10 years, the mystery of Satoshi Nakamoto has captured the attention and fascination of crypto users and the general public around the world. Satoshi Nakamoto's white paper on a peer-to-peer electronic cash system became the basis of Bitcoin and has spawned similar projects and developments.

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