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news-imageSeptember 29, 2024

Education, Charity, and Crypto Events: What Binance's Changpeng Zhao Will Do After Prison

Binance founder and former CEO Changpeng Zhao (CZ) exited prison on Friday, two days before the official release date.
Publisher: BeInCrypto
Sentiment: Neutral
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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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Neutral
cover-imageCoingape
September 29, 2024

Crypto Market Braces For US Job Data Amid ‘Uptober' Rally Anticipation

The crypto market enters a crucial week, with anticipation soaring over the upcoming US Job data. This data, especially after the softer US PCE inflation figures last week, would aid investors in assessing the market trends for the fourth quarter.

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Neutral
cover-imageBitcoinist
September 29, 2024

Crypto And Stocks Moving Together? Coinbase Research Unveils High Correlation

According to the latest research by Coinbase, the relationship between cryptocurrencies and stock markets has become remarkable. This interplay is about 50% as of September 2024, mostly due to global monetary easing initiatives carried out by major countries such the United States and China.

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Negative
cover-imageCryptopolitan
September 28, 2024

$32 million phishing scam drains wallet linked to high-profile crypto whale

A prominent crypto whale has lost more than $32 million worth of tokens after signing a malicious transaction, according to blockchain security service ScamSniffer. The breach targeted the victim's wallet through Spark's decentralized finance (DeFi) platform and resulted in the theft of 12.083 wrapped ether (spWETH) tokens.

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Negative
cover-imageThe Currency Analytics
September 28, 2024

Important Binance Update for Turkish Users: Key Details Inside

Binance, the largest cryptocurrency exchange in the world, revealed it will stop offering support for the Turkish language on its platform. This decision is driven by new legal requirements imposed by local authorities in Turkey, highlighting the challenges that cryptocurrency exchanges face when navigating various regulatory environments.

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