Spencer Schiff: Bitcoin Will Fall to Almost Zero
Peter Schiff commonly shares advice to investors stating that they should exchange their cryptocurrencies as promptly as possible for precious metal.
US Introduces Bill for Crypto Market Regulation
The 21st Century Financial Innovation and Technology Act, a 200-page document recently published by Republicans in the US House of Representatives, requires the SEC and the CFTC to specify the definitions of “blockchain” and “digital asset” in the regulation of the digital asset industry.
Coinbase Will Close its Borrow Program for Retail Users in October
On November 20, 2023, Coinbase will officially shutter their Borrow program for retail customers, thereby ending their ability to take out cash loans using Bitcoin as collateral.
FTX Founder Bankman-Fried Might Be Paying His Defense with Company Funds
FTX’s caretaker leadership have filed a lawsuit in bankruptcy court against Sam Bankman-Fried alleging illegal loan from FTX to Bankman-Fried’s father to fund Sam Bankman-Fried’s criminal defense.
Tesla Kept $184M in Bitcoin in Q2 2023
Tesla’s BTC position has remained unchanged for the fourth quarter in a row.
Nasdaq Stops Crypto Custody Initiative
Nasdaq CEO Adena Friedman announced on Wednesday in an earnings call that Nasdaq has decided to halt their launch of a US digital assets custodian business.
Crypto Exchange BitMEX Expands Association with AC Milan
BitMEX is expanding its relationship with Italian soccer giant AC Milan, moving from being its sleeve sponsor to a premium partner as well as its official cryptocurrency trading partner.
Polygon Launches New Protocol Management Model
The roadmap for Polygon 2.0 calls for the creation of a so-called “ecosystem council” formed from Layer 2 Ethereum networks, helping to further decentralize control.
TeraWulf Will Buy New Bitmain Miners
Crypto mining company TeraWulf announced that it will boost its self-mining hashrate by 58% through the purchase of 18,500 Antminer S19j XP mining machines.
Robert Kiyosaki Says Bitcoin and Gold are the Best Assets to Invest in
Kiyosaki believes that gold, silver, and Bitcoin are the safest investment options.
Crypto Exchange Binance Intends to Cut the Benefits of its Employees
Amidst declining profits, Binance has announced a cut of certain corporate benefits, such as reimbursements for mobile, fitness, and remote work.
The Number of New Bitcoin Addresses Reaches Highest Level in a Year
The number of unique Bitcoin addresses has reached a high for the year.
Mantle Network Rolls Out Alpha Version of its Mainnet
Second-tier solution provider Mantle Network has recently released the alpha version of its mainnet and launched a $200 million ecosystem support fund.
An Attacker Hacks Ordinals Analogue on Ethereum’s Blockchain
The system has been hacked, resulting in the withdrawal of 202 assets from 123 addresses in the vault.
Bankrupt Company Celsius Network Agrees to Pay $4.7B in FTC Settlement
The US Federal Trade Commission (FTC) has announced that Celsius Network has agreed to pay a total of $4.7 billion in a settlement of claims.
