Bitnation_

JPMorgan analysts have estimated that the current downtrend in the crypto sector is weakening
The analysts noted that most long-position liquidations have been completed and are “largely behind us.”
They used the data from open interest in BTC futures contracts on the Chicago Mercantile Exchange ...

Dropbox is sunsetting its “Advanced Plan,” which offers unlimited storage to customers
The firm cited energy-exhaustive activities like crypto and Chia mining as the reason for the decision.
Under the new “Advanced Plan” with three licenses, customers will get 15 TB of storage shared by the team....

The UK government believes banning cold calls will help the public easily identify scammers.
UK authorities stated that the consultation will help determine how to design and implement the ban on cold calls.
The UK has made several attempts to regulate cryptocurrencies, including classifying them...

FTX founder Sam Bankman-Fried can meet his legal team outside the court, but he needs to provide a 48-hour notice.
Judge Lewis Kaplan ordered that SBF meet his lawyers and access discovery materials in his criminal case.
SBF can meet his lawyers in a courthouse cell block post a 48-hour notice to...

Data shows that Tornado Cash was used to launder at least $1.5 billion in earnings from crimes like ransomware, hacking, and fraud.
Tornado Cash is a crypto-mixing service that helps keep users’ identities anonymous during transactions

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The co-founders of the well-known cryptocurrency mixer...

Yi took bribes to promote people in government service and help them win government contracts
China currently bans crypto mining activities and crypto trading

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Local sources in China have revealed that the Intermediate People’s Court of Hangzhou City has sentenced Xiao Yi, a government offi...

Elon Musk praised the pro-crypto Republican candidate for the 2024 US presidential elections, Vivek Ramaswamy.
“He is a very promising candidate,” said the billionaire in an X post
Ramaswamy recently asked his supporters to make the 2024 elections a referendum on fiat currency.”
The Republican c...

A New Zealand parliamentary report has asked the government to take it slowly when it comes to crypto regulation.
The Finance and Expenditure Committee of the New Zealand House of Representatives commissioned the report in 2021.
The report asked lawmakers and regulatory agencies not to rush with ...

Crypto protocols have become prime targets for hackers.
North Korean hackers have stolen over $2 billion worth of cryptocurrencies in five years.
Exactly Protocol said it had contacted the hacker to discuss the next steps

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Decentralized crypto lender Exactly Protocol is the latest victim o...

The SEC seeks to question Terraform Labs co-founder Daniel Shin in South Korea
The regulators seek to know about the relationship between Terraform Labs and Chai Corporation
The regulator will respect documents from the firm related to the Chai Corporation.
The two co-founders of Terraform Labs,...

The SEC sued Ripple in 2020 for selling unregistered securities.
Judge Torres ruled in July that the programmatic sale of XRP was not in violation of securities laws.
Ripple recently released a statement opposing the SEC’s plans to appeal the previous XRP ruling.
Crypto users believe the SEC is ...

Cryptocurrency custodian BitGo has raised $100 million in a new Series C funding round
The firm is valued at $1.75 billion after receiving funding from new investors based in the US and Asia.
The funds will be utilized to make strategic acquisitions and expand the firm’s services globally.
The C...

PayPal recently launched its own stablecoin to promote digital payments.
Ledger said the new integration with PayPal will simplify crypto purchases and also maintain security standards.

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Blockchain hardware provider Ledger has announced an integration of its Ledger Live software with paymen...

The CEO of crypto-friendly bank, Silvergate will be departing from the firm along with two other utives.
Chief legal officer John Bonino left on Aug. 15, and chief financial officer Antonio Martino will leave on Sept. 30.
The three utives are not entitled to any compensation post departure but wi...

Stellar Network and MoneyGram have previously partnered to improve blockchain payments.
The investment in MoneyGram also gives SDF a seat on MoneyGram’s board of directors.

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The Stellar Development Foundation (SDF), which is the company behind the Stellar Network, has invested in MoneyGram ...

Stellar Network and MoneyGram have previously partnered to improve blockchain payments.
The investment in MoneyGram also gives SDF a seat on MoneyGram’s board of directors.

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The Stellar Development Foundation (SDF), which is the company behind the Stellar Network, has invested in MoneyGram ...