People are slowly asking the right questions

People are slowly asking the right questions

This content is a post on a Facebook community page discussing whether banks should ask customers their reason for withdrawing money. The arguments were split, with some supporting the measure due to concerns about scammers and kidnappings, while others were outraged that a bank would even consider asking such a question. The poster mentions living … Read more

Crypto CEO Sentenced to Record Breaking Prison Term for $2 Billion Theft

Crypto CEO Sentenced to Record Breaking Prison Term for  Billion Theft

Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft Former Thodex CEO Faruk Fatih Özer has been sentenced to a prison term of 11,196 years, 10 months, and 15 days for stealing $2 billion in customer funds. Özer defrauded over 400,000 Turkish customers when the exchange went offline in April 2021 and fled … Read more

Altcoin Trader’s Blog: Market Outlook Analysis #237

Altcoin Trader’s Blog: Market Outlook Analysis #237

Market Outlook #237 – An Altcoin Trader’s Blog This content requires users to be logged in to view. Users can register for access to the Premium Content by providing their username, email, first name, last name, password, and repeating the password. The cost for access to this content is £19.99 for one month. Payment methods … Read more

G20 Calls for Unified Crypto Regulation and Information Sharing Among Countries

G20 Calls for Unified Crypto Regulation and Information Sharing Among Countries

G20 To Establish Unified Crypto Regulation, Urges Countries To Share Information At the G20 summit, leaders from around the world agreed to establish a comprehensive regulatory framework for cryptocurrencies. The framework aims to increase transparency in digital asset transactions and requires crypto firms to share transaction details with jurisdictions annually, including unregistered platforms and wallet … Read more

Binance’s exec exodus, Nasdaq to trade AI orders, and more

Binance’s exec exodus, Nasdaq to trade AI orders, and more

Binance has seen the departure of 10 key executives in the first nine months of 2023 amid growing regulatory troubles. The latest executives to resign include the executive vice president and the vice president of Eastern Europe, Turkey, and other regions. The departures come after the US Department of Justice investigation into Binance. Meanwhile, the … Read more

SEC presses court to grant Ripple Labs’ appeal citing ‘complex legal issues’

SEC presses court to grant Ripple Labs’ appeal citing ‘complex legal issues’

SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’ The U.S. Securities and Exchange Commission (SEC) has filed a motion to appeal a ruling from the Ripple Labs lawsuit that stated XRP was not a security. The SEC argues that there are “knotty legal problems” with the court’s interpretation of the law, … Read more

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more

Bitcoin Exhibits Signs of Vitality

Bitcoin Exhibits Signs of Vitality

Bitcoin Shows Signs of Life Bitcoin experienced a slight boost in price, rising 3% to reach $26,400 before dropping back down below $26,000. The CoinDesk Market Index also saw a 2% increase before retracting. Throughout the month, Bitcoin has struggled to surpass $26,000 as traders awaited regulatory clarity, such as the SEC’s decision regarding the … Read more

Enhancing Sustainability and Resilience in the Development Fund 2

Enhancing Sustainability and Resilience in the Development Fund 2

Building sustainability and resilience into ‘Dev Fund 2’ Discussions about a new development fund for Zcash have begun as the current fund will expire in November 2024. The community is expressing a preference for changes in how Zcash issuance is distributed and who receives it. The current structure, where 80% of Zcash issuance goes to … Read more

Bitcoin price faces 200-week trendline as US dollar hits 6-month high

Bitcoin price faces 200-week trendline as US dollar hits 6-month high

Bitcoin (BTC) hovered around its key long-term trendline as the US dollar gained strength, reaching its highest level in six months. The BTC price focused on the $25,700 area, showing less volatility compared to the previous day. Bitcoin market participants remained cautious with predictions of a further decline in price. Traders and analysts identified the … Read more