September 11, 2023

Bitcoin Investor Who Mistakenly Threw Away 8,000 BTC Plans to Sue Local Council

A Newport resident who accidentally disposed of a hard drive containing 8,000 Bitcoin (BTC) is looking to file a lawsuit against the city’s local council for refusing to accept his request to dig up a landfill site for the lost crypto treasure. The investor has been trying to get his Bitcoin excavated for a decade,...
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Coinbase Disallows New Sign-ups in India (Report)

The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India. However, the company remains committed to the Asian country despite the recent rumors that it might pull out of the local market. No More Sign-ups According to a TechCrunch report, Coinbase has prohibited new sign-ups in India in...
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LayerZero Hits Back at FTX Following Lawsuit Over Previous Commercial Relationship

Over the past year, FTX has filed numerous lawsuits against previous business partners, attempting to claw back funds allegedly spent without justification or in subprime deals. Often, these funds were indeed spent on a whim, whether at networking parties or, presumably, gaming. However, LayerZero’s CEO Bryan Pellegrino argued that this could not be farther from...
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Not a Joke: Someone Paid $500K in For a $2,000 BTC Transaction

The crypto community on X (Twitter) was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC (over $500,000) in transaction fees to move just 0.074 BTC (worth less than $2,000 at current rates). The payment went to the Bitcoin mining pool F2Pool that generated the valid block. The team behind the entity...
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Coinbase CEO Dives Into Future Aspirations and Crypto Regulation

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which...
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Ripple (XRP) v. SEC Settlement Possible? Former SEC Director Chips In

The ongoing case between the United States Securities and Exchange Commission is one that the entire cryptocurrency community has its sights set on. But, for some reason, it’s just as polarizing. There doesn’t seem to be room for a middle ground, as it’s always been a make-or-break type of situation. Now, however, one user has...
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ZachXBT’s Latest Exposé on Pump and Dump Schemes Targets 4 Popular Crypto Traders

Prominent blockchain investigator ZachXBT has yet again accused four popular crypto traders of a pump-and-dump scheme. At the center of the controversy are – TraderNJ, PetaByte, XO, and Trader SZ – who allegedly profited from the gains at the expense of their followers. There are many telltale signs of a pump-and-dump scheme. The crypto industry,...
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Announcement on Quarterly Futures Listings for Q4 2023

On 12 September at 04:00 UTC, we will be listing new quarterly futures on BitMEX. The new contracts will be visible on the platform from 11 September at 04:00 UTC as Unlisted, 24 hours before the start of trading.  Please see the table below for the listing and settlement dates of current and upcoming futures...
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Shiba Inu (SHIB) on the Verge of Hitting a Major Milestone

Data provided by Shibarium Explorer revealed that overall transactions on the layer-2 blockchain solution have reached almost two million. Recall that the network built on Ethereum that aims to increase transaction speed, lower costs, and elevate Shiba Inu above its rivals went live approximately two weeks ago. Shibarium Eyes a New Milestone According to the...
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Will FTX’s $3.4 Billion Selloff On September 13 Be A Tipping Point For Solana And The Crypto Market?

FTX, formerly a top-tier cryptocurrency exchange now facing bankruptcy, is seeking court approval for a colossal $3.4 billion crypto selloff scheduled for September 13. The mere announcement of this planned liquidation has already sent the market into a downturn, signaling potential bearish trends for Wednesday. Notably, FTX holds a substantial amount of Solana, among other...
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Watch Out For These Massive Token Unlocks This Week

According to CryptoRank Platform, the cryptocurrency market is about to witness seven substantial token unlocks this week. The first is scheduled for September 12, when the blockchain platform Aptos will release $24.8 million worth of APT into circulation. Events of this type could impact market liquidity and trading volume, thus spurring a price decline for...
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Bitcoin Price Analysis: $20K or $28K? Where BTC Price is Heading This Week?

Bitcoin (BTC) clings precariously to its critical support level of approximately $25.6k as it faces a looming threat of a daily death cross between the 50 and 200 Moving Averages (MA). The cryptocurrency closed the previous week with an indecisive Doji candlestick, leaving traders and investors on edge. This impending death cross is likely to...
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Grayscale’s Ethereum Fund Nears Yearly High Amid Filings for Spot Ether ETF: Data

The Grayscale Ethereum Trust (ETHE) has recorded significant gains since Cathie Wood’s asset management firm ARK Invest and investment manager VanEck filed applications with the United States Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF). According to a tweet by blockchain intelligence firm IntoTheBlock, the ETHE discount to net asset value (NAV)...
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Floki Inu (FLOKI) With Important Clarifications Over Recent Controversy

In a recent revelation, FLOKI took to X to address allegations and rumors circulating in the crypto community while also warning its users against scams capitalizing on its brand name and reputation. In a recent tweet by FLOKI’s official Twitter handle @RealFlokiInu, the project denied any association with PetabyteCapital and clarified that PetabyteCapital has never...
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Shiba Inu (SHIB) Burn Rate Skyrockets 330% in 24 Hours: Details

Shiba Inu (SHIB) continues to see a considerable number of tokens removed from its total circulating supply. The latest increase comes following a rather dull weekend in terms of overall trading volume and market activity. Data from Shibburn – the portal that tracks tokenomics metrics for the Shiba Inu project – reveals that the burn...
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Will XRP Explode or Dive Deeper? Huge Move Incoming According to Analyst

Ripple’s XRP appears to be gearing up for a significant price surge, according to Daan de Rover, founder of CryptoSea. Known popularly as CryptoRover on YouTube, de Rover recently took to social media platform X to forecast a “gigantic move” for the digital asset. $XRP is getting ready for a gigantic move!🔥👇 pic.twitter.com/Ear5P5VMTe — Crypto...
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Are We There Yet?

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) In the dark ages before TikTok and Instagram entertained us with duck lips and alphabet luxury brands wearing peacocks,...
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Ripple v SEC Lawsuit: Where Are the XRP Holders Mostly From? Lawyer Breaks it Down

John Deaton is a vocal pro-Ripple attorney representing some 75,000 XRP investors in the case against the United States Securities and Exchange Commission. In a recent tweet, he broke down the demographics, pinpointing where most of the investors are from. Where Are XRP Investors Mostly From? John Deaton took to Twitter on September 10th to...
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Shiba Inu (SHIB) Is Facing a Threat? Here’s What You Need to Know

Shiba Inu’s layer-two network, also known as Shibarium, is facing a threat from scammers associated with the Pawswap project. The information was brought to light by a prominent Shiba Inu administrator, known in the SHIB community as DaVinci, who explained that the scammers’ goal was to impersonate the legitimate project PawZone while spreading false information...
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Ripple’s Latest Security Breakthrough : Your Identity, Your Blockchain

David Schwartz, the Chief Technology Officer (CTO) of Ripple, had an important insight when looking at Bitcoin. He noticed that even though Bitcoin was getting bigger, most of the world’s valuable things were not part of Bitcoin. This made him realize that we needed “bridges” to connect the traditional financial world with the new cryptocurrency...
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