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Israel Police Freeze Crypto Accounts at Binance Allegedly Used by Hamas

October 11, 2023 0

The Israel Police have frozen crypto accounts held at Binance allegedly used by Hamas to collect crypto donations as tensions between Israel and Hamas escalate. In addition, the Israel Police have frozen a Hamas-linked account at Barclays Bank. Hamas-Linked Crypto Accounts at Binance Frozen The

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Inside Caroline Ellison’s Explosive Testimony — Former Alameda CEO Accuses SBF of Directing Fraud at FTX

October 11, 2023 0

In bombshell testimony on Tuesday, Caroline Ellison, former CEO of Alameda Research, accused Sam Bankman-Fried of directing her and others to commit fraud under his leadership at FTX and Alameda. Taking the stand in a red dress, Ellison stated “Alameda took several billions of dollars from FTX customers and used it for investments.” Caroline Ellison […]

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Bitcoin Stands Apart in the Crypto Economy, Fidelity Digital Assets Report Says

October 10, 2023 0

A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios. Fidelity Digital Assets Highlights Distinctive Value and Assessment of Bitcoin in Crypto Portfolios The globe’s third-largest asset manager, boasting a staggering $4.24 trillion

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Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted

October 10, 2023 0

Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with reports suggesting that ex-Alameda Research CEO Caroline Ellison […]

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Simplex Accelerates VERSE Token and Wider Cryptocurrency Adoption

October 10, 2023 0

Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combines convenience, reliability and security for Bitcoin.com’s global userbase. What makes this long-term collaboration unique and how

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Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges

October 10, 2023 0

A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash per second (EH/s). Notably, less than 200 days remain until the next block […]

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Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level

October 10, 2023 0

Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September. Polygon (MATIC) Polygon (MATIC) […]

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Israeli Shekel Hits 7-Year Low Amid Conflict; Central Bank Launches $30B FX Intervention

October 10, 2023 0

On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to offload up to $30 billion in foreign exchange, alongside an additional $15 billion through swap initiatives. […]

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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $28,000 Ahead of Key US Economic Reports

October 10, 2023 0

Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rates unchanged last month. Ethereum remains below $1,700 in today’s session. Bitcoin Bitcoin (BTC) continued to trade below […]

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Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic

October 10, 2023 0

According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North Korea, is “responsible for $900 million of cross-chain crime.” Bad […]