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news-imageOctober 4, 2024

Crypto Traders Brace for Short-Term Volatility With $1.4 Billion Options Expiring Today

The cryptocurrency market is preparing for short-term volatility, with approximately $1.4 billion worth of Bitcoin and Ethereum options expiring today.
Publisher: BeInCrypto
Sentiment: Neutral
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cover-imageBenzinga
October 4, 2024

Nvidia's Troubles Mount As DOJ, SEC Throw Their Weight Behind Class Action Lawsuit Alleging AI Chip Giant Misrepresented Crypto Revenue

The U.S. Justice Department and the SEC have backed the class action lawsuit against AI chip giant Nvidia Corp. (NASDAQ:NVDA) in the Supreme Court, which accused Nvidia of hiding its cryptocurrency revenue. What Happened: The DOJ and SEC are advocating for the continuation of the lawsuit, which was brought against the company in 2018, Cointelegraph reported Thursday.

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cover-imageCryptoSlate
October 4, 2024

US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 revenue.

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Positive
cover-imageBitcoin
October 4, 2024

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin's 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments.

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cover-imageCrypto Reporter
October 4, 2024

MetaTrader 4 for Mac: Your Gateway to Forex, CFDs, and Crypto Trading

In the dynamic world of online investing, utilizing sophisticated software can significantly enhance one's ability to navigate various markets. The convergence of technology and finance opens doors to new opportunities, especially for those seeking to maximize their trading potential.

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Positive
cover-imageInvezz
October 4, 2024

Transak secures Money Transmitter License in Alabama, plans further US expansion

Transak USA LLC, a leading web3 payments infrastructure provider, has officially been granted its first Money Transmitter License (MTL) by the Alabama Securities Commission. This milestone marks a significant advancement in Transak's efforts to build a secure, regulated, and comprehensive infrastructure for cryptocurrency services across the United States.

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Positive
cover-imageCoinPedia
October 4, 2024

10 Plus Altcoins Set to Skyrocket 20x by December: Is the Next Altseason Here?

The altcoin market is showing some signs of support, much like Bitcoin. However, it's crucial to recognize that we're still in a period of uncertainty. Both Bitcoin and the altcoin market cap chart have not made decisive moves yet. An altcoin season occurs when Bitcoin's dominance decreases, allowing altcoins to gain traction.

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cover-imageCryptoGlobe
October 4, 2024

Binance's Market Dominance Drops to 4-Year Low: CCData Report

The September 2024 edition of CCData's Exchange Review report reveals several significant trends in the digital asset market. CCData, an FCA-authorized benchmark administrator, is a global leader in digital asset data. It offers high-quality real-time and historical data for institutional and retail investors.

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Positive
cover-imageBitcoin
October 4, 2024

Nubank Lowers Cryptocurrency Trading Fees

Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others.

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Negative
cover-imageBitcoin
October 4, 2024

Certik: Malicious Actors Stole $753 Million in Q3, Phishing Top Attack Vector

Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million.

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cover-imageCryptopolitan
October 4, 2024

Nvidia mislead investors over crypto sales? DOJ and SEC want answers

Nvidia investors are taking their battle to the U.S. Supreme Court as they claim that the tech giant misled them about how reliant it was on sales to cryptocurrency miners. The U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) are backing these investors, suggesting their solid claims shouldn't be dismissed.

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Negative
cover-imageCoinPedia
October 4, 2024

Crypto Bull Run Postponed? $200B Wiped Out as Market Turns Bearish

After setting the stage for bullish sentiment in September, the crypto market opened the fourth quarter with a bearish outlook. Led by Bitcoin (BTC) and Ethereum (ETH), the cryptocurrency market cap has wiped out over $200 billion in valuation during the past three days.

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Negative
cover-imageBitcoin
October 4, 2024

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S.

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