Elizabeth Wilson - CryptocyNews.com

Sam Bankman-Fried Admits Binance was to Acquire FTX at Undisclosed Amount

October 28, 2023 by Elizabeth Wilson

In an October 27 court hearing, the founder of the FTX, Sam Bankman Fried, revisited some of the plans he had for the now-defunct crypto exchange. Shortly after the launch of FTX, the crypto mogul planned to sell his venture to the…

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Hashdex Develops a New Approach for Offering Bitcoin ETF on the CME

October 27, 2023 by Elizabeth Wilson

With the ongoing spot Bitcoin exchange-traded fund (ETF) discourse, the leading asset manager in Sao Paulo, Hashdex, has made an exciting move to end the US Securities and Exchange (SEC) delays in approving the pending applications. On Thursday, October 26, the Hashdex…

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US Representative Sean Casten Formulating a Bill for Combating Crypto-Terrorist Financing

October 26, 2023 by Elizabeth Wilson

In a recent turn of events, crypto assets have appeared as an effective conduit for transferring funds to support the Hamas militants. The shift to crypto terrorist financing has attracted the attention of global policymakers and regulators. On Wednesday, October 25, Sean…

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Neon Machine Raises $20 Million for Launching of Shrapnel Game

October 26, 2023 by Elizabeth Wilson

Neon Machine, the team behind AAA extraction shooter Shrapnel, generated $20 million in a Series A funding round. In an October 25 update, the Seattle-based gaming company revealed that the investment will be utilized in revamping the Shrapnel game. With the progressive…

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Ernst & Young Envisage SEC Approval of Bitcoin ETFs Will Increase the Demand for Crypto Among Institutional Investors

October 24, 2023 by Elizabeth Wilson

In an official communication, Paul Brody, the head of blockchain at Ernst & Young (EY), observed the changes in demand for Bitcoin among institutional clients. Addressing the CNBC team on Monday, October 23, the executive stated that institutional clients have been reluctant…

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Bitcoin Miner Applied Digital Debuts a New Data Center in Texas

October 22, 2023 by Elizabeth Wilson

Applied Digital, a Dallas-based crypto mining company, has dramatically intensified its Bitcoin mining output. On Friday, the Applied Digital team officially launched a new data center in Texas. According to the announcement, the new mining facility will generate 200 megawatts. The report…

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Upland Game Nets $7 Million in Series A Funding Round

October 22, 2023 by Elizabeth Wilson

On Friday, October 20, the California-based crypto game Upland raised $7 million in a Series A funding round. The EOS Network led the successful fundraising in collaboration with other crypto and blockchain firms, including Animoca Brands and C3 Venture Capital. EOS Leads…

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Tether Blocks 32 Addresses Linked to Hamas to Sabotage Flow of Funds

October 18, 2023 by Elizabeth Wilson

In a Monday October 16 press release, Tether, the largest stablecoin issuer by market capitalization, blocked 32 digital wallets tied to the Palestine terrorist group Hamas. The report indicated that Tether joined forces with the Israeli law enforcement units to weaken the…

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Nigeria Offering $290,000 Grant to Support AI Startups and Research

October 16, 2023 by Elizabeth Wilson

In an official communication, Bosun Tijani, Minister of Communications, Innovation and Digital Economy in Nigeria, confirmed that the government plans to invest in expanding artificial intelligence (AI) technologies. The minister stated that the Nigerian government will provide a grant to finance AI-related…

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CFTC and FTC Suing Former Voyager CEO for Misleading Customers

October 13, 2023 by Elizabeth Wilson

In a recent report, the former chief executive of the bankrupt crypto lender Voyager Digital, Stephen Ehrlich, faced two charges for misleading customers. An October 12 report demonstrated that the Commodities and Futures Trading Commission (CFTC) filed charges against the former Voyager…

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OpenSea Denies Claims on the Involvement of Former Manager in AnubisDAO Project

October 9, 2023 by Elizabeth Wilson

The world’s largest Web3 marketplace, OpenSea, has denied claims concerning the involvement of the former head of venture Kelvin Pawlak in the AnubisDAO rug pull that occurred in 2021. Recently, talks concerning the AnubisDAO rug pull that exposed non-fungible tokens (NFTs) investor…

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CoinDCX Completes Transak Integration for Supporting Fiat-to-Crypto Transfers

October 8, 2023 by Elizabeth Wilson

Despite the pitched battle to provide regulatory clarity on digital assets, India has witnessed high adoption of crypto assets. CoinDCX, the leading crypto exchange in India, revealed plans to broaden its product offering. The crypto exchange plans to invest heavily in integrating…

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Uzbekh Policy Makers Imposing Restrictive Regulation on Crypto Mining

October 6, 2023 by Elizabeth Wilson

In a recent report the government of Uzbekistan revealed plans to adopt restrictive measures in crypto mining. A bill on licensing crypto mining activities has been discussed in several Uzbekistan legislative bodies. In an exclusive interview with a local newsroom, the National…

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Argentina’s Presidential Candidate Vows to Implement CBDC Once Elected

October 4, 2023 by Elizabeth Wilson

As the long pursuit to find the best successor for President Alberto Fernadez nears the end, several Argentine candidates have voiced their opinions on the practical measures to hedge the biting inflation. Speaking at the first presidential debate held on Sunday, October…

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Kazakh Crypto Miners Urges the President to Reduce Energy Cost

October 3, 2023 by Elizabeth Wilson

As the crypto sector prepares to tap new opportunities in the upcoming Bitcoin halving, miners in Kazakhstan have expressed concerns on the limitations imposed by the government on crypto mining. In October 3 report the crypto miners advised President Kassym-Jomart Tokayev to…

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VanEck Donating 10% Returns from Ether ETF to Developers for 10 Years

October 1, 2023 by Elizabeth Wilson

The significant development in the crypto industry has revitalized the growth of the Ethereum ecosystem. The rich ecosystem has inspired the developers to build cutting-edge tools and establish best practices that will fuel the high adoption of the Ethereum network. In an…

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Brazil Releases Blockchain-Powered Digital ID to Improve Data Security

October 1, 2023 by Elizabeth Wilson

As Brazil continues to witness a surge in crypto adoption, the regulators are taking strategic action to nurture the attractiveness of the digital sector. An official announcement by the Brazilian authority revealed that the government plans to roll out a blockchain-powered digital…

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Gemini Eyeing for Indian Expansion, Invests $24M in Establishing Gurgaon Office

September 28, 2023 by Elizabeth Wilson

In an advanced report, crypto exchange Gemini revealed plans to expand to India. The Gemini report indicated that the firm will invest approximately $24 million, equivalent to 2 billion rupees, in entering the vibrant Indian market. A review of Gemini’s expansion plan…

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Foundry Report Says Texas Generates 30% of Total Bitcoin Hash Rate in the US

September 28, 2023 by Elizabeth Wilson

Foundry, the US-based crypto mining service provider, has shared a report on the amount of Bitcoin hash rates generated in the region. The report demonstrated that Texas leads other states in developing Bitcoin hash rates. Per Foundry report, Texas generates approximately 28.5%…

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BIS Official Outlines 3 Requirements for Supporting CBDC Adoption

September 28, 2023 by Elizabeth Wilson

In an advance communication, the Bank of International Settlements (BIS) outlined the factors that will contribute to the adoption of the Central Bank Digital Currency (CBDC). The September 27 report illustrated the need to develop a legal framework that protects the user’s…

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Name	Price	24H (%)
Bitcoin (BTC)	$69,679.00	1.07%
Ethereum (ETH)	$2,026.46	-0.08%
Tether (USDT)	$1.00	-0.01%
BNB (BNB)	$640.51	0.13%
XRP (XRP)	$1.38	0.59%
Cardano (ADA)	$0.261621	1.25%
Chainlink (LINK)	$8.94	-0.59%
Litecoin (LTC)	$53.67	-0.74%
Polkadot (DOT)	$1.49	-0.89%
Uniswap (UNI)	$3.85	-1.61%

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Author: Elizabeth Wilson

Sam Bankman-Fried Admits Binance was to Acquire FTX at Undisclosed Amount

Hashdex Develops a New Approach for Offering Bitcoin ETF on the CME

US Representative Sean Casten Formulating a Bill for Combating Crypto-Terrorist Financing

Neon Machine Raises $20 Million for Launching of Shrapnel Game

Ernst & Young Envisage SEC Approval of Bitcoin ETFs Will Increase the Demand for Crypto Among Institutional Investors

Bitcoin Miner Applied Digital Debuts a New Data Center in Texas

Upland Game Nets $7 Million in Series A Funding Round

Tether Blocks 32 Addresses Linked to Hamas to Sabotage Flow of Funds

Nigeria Offering $290,000 Grant to Support AI Startups and Research

CFTC and FTC Suing Former Voyager CEO for Misleading Customers

OpenSea Denies Claims on the Involvement of Former Manager in AnubisDAO Project

CoinDCX Completes Transak Integration for Supporting Fiat-to-Crypto Transfers

Uzbekh Policy Makers Imposing Restrictive Regulation on Crypto Mining

Argentina’s Presidential Candidate Vows to Implement CBDC Once Elected

Kazakh Crypto Miners Urges the President to Reduce Energy Cost

VanEck Donating 10% Returns from Ether ETF to Developers for 10 Years

Brazil Releases Blockchain-Powered Digital ID to Improve Data Security

Gemini Eyeing for Indian Expansion, Invests $24M in Establishing Gurgaon Office

Foundry Report Says Texas Generates 30% of Total Bitcoin Hash Rate in the US

BIS Official Outlines 3 Requirements for Supporting CBDC Adoption