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news-imageSeptember 29, 2024

Here's why FTX repayment won't happen tomorrow

FTX will not pay creditors on September 30, despite the wild rumors spreading on social media.
Publisher: Cryptopolitan
Sentiment: Negative
General

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Negative
cover-imageBitcoin
September 30, 2024

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices.

general-iconGeneral
Negative
cover-imageCryptopolitan
September 29, 2024

Dutch regulator AFM flags pump-and-dump risks in crypto

The Dutch Authority for the Financial Markets (AFM) issued a warning about pump-and-dump schemes in the crypto market. With the Markets in Crypto-Assets Regulation (MiCA) set to come into effect on December 30, the AFM is getting ready to crack down on these activities.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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.

general-iconGeneral
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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