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SEC Caught Another FTX Big Fish, Will Work In Case Against SBF

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Per a report from Bloomberg, the former FTX Chief  Engineering Officer, Nishad Singh, has pleaded guilty to charges filed against him. Singh is cooperating with the U.S. Securities and Exchange Commission (SEC) and will work in the case built against his former boss, Sam Bankman-Fried (SBF).

As Bitcoinist reported in December 2022, two members of SBF’s inner circle, Caroline Ellison, former CEO at Alameda Research, and Gary Wang, co-founder at FTX, pleaded guilty and are working with the SEC and U.S. authorities. Singh is the third executive to fold and join the investigation against SBF.  Read more...

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Here’s Why The Dogecoin Price Could See Another Bull Rally Soon

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Dogecoin (DOGE) like the rest of the crypto market has slowed down in the last day. This comes after a massive leg-up that saw the likes of Bitcoin and Ethereum break through four-month highs before correcting downwards. However, for Dogecoin, it looks like the party may not be over.

Dogecoin Social Sentiment Surges To October 2022 Levels

Dogecoin’s social sentiment has actually been on an uneven path over the last couple of months. The last time that the digital asset really saw a good surge was back in October of 2022. If you’re wondering why this month is significant, it is because this is the month that billionaire Elon Musk completed his takeover of the social media platform Twitter.  Read more...

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NFTs Go Cross Chain: After DeGods, Another Blue Chip NFT Project Moves Chains

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The grass is always greener, it seems. NFT projects on non-Ethereum chains aspire to see levels of liquidity achieved by top Ethereum-based projects, while Ethereum-based NFT collections see the ‘bigger fish in a smaller pond’ opportunity with leaner non-Ethereum chains. There are plenty more potential motivations for projects to move across chains – or grow beyond just one chain – and for the first time in recent months, this is action that we’re finally seeing come to life.

We saw a prime example of this in the final hours of 2022 when signature Solana-based projects DeGods and y00ts announced their move from Solana to Polygon.  Read more...

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Shiba Inu Rises Another 4%, Becomes Most Traded Token Among Top 100 Ethereum Whales

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Shiba Inu has seen 4% gains in the past 24 hours as the meme coin becomes the most traded token among the top 100 Ethereum whales.

Biggest Ethereum Whales Are Actively Trading SHIB

As per data from the crypto whale tracker service WhaleStats, Shiba Inu has been the number one traded coin among the 100 biggest Ethereum whales today.

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Dogecoin Adds Another Feather To Its Adoption Cap

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Dogecoin remains the largest meme coin by market cap in the crypto market but its team and community continue to work toward more adoption of the digital asset. Over the last year, there have been multiple adoptions of Dogecoin as payment services among vendors and companies such as Tesla. This time around, it is the MyDoge Wallet that has come out with a new way for DOGE holders to use their coins in the real world.  Read more...

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Dogecoin Continues To Bleed, Sheds Another 10% In Last 24 Hours

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Dogecoin has shed another 10% in value during the last 24 hours, as the memecoin continues its recent trend of decline.

Dogecoin Continues To See Red Days, Coin Now Down 9% Over The Last Month

With all the recent FUD going around the market, like the auditor of Binance’s Proof-of-Reserves, Mazars, pausing work for all its clients, the cryptocurrency sector has been bleeding hard during the past day. Dogecoin, the largest memecoin, has been no exception, much to the dismay of its investors.  Read more...

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Another Bug Briefly Took Down Part Of The Lightning Network

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The nature of open-source distributed systems leaves some vulnerabilities open to exploitation, but should bugs be exploited publicly or disclosed in private?

The below is a direct excerpt of Marty’s Bent Issue #1278: “Another LND/btcd bug emerges.” Sign up for the newsletter here.

via GitHub

For the second time in less than a month, btcd (an alternative implementation of Bitcoin) and, by extension, LND (one of the Lightning implementations) became incompatible with the rest of the Bitcoin network due to some meddling from a developer named Burak.  Read more...

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Solana (SOL) Price Nosedives As ‘Ethereum Killer’ Network Suffers Another Outage

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Solana network faltered anew, as the crypto space’s “Ethereum Killer” goes offline courtesy of faulty mechanics in its system.

Just this September, co-founder Anatoly Yakovenko admitted during an interview that the outages which continue to plague Solana were the network’s curse.

Yakovenko, however, was quick to defend, saying that the downtimes the system experienced could be attributed to its low-cost transactions.

He added:

“The network is so cheap and fast that there are enough users and applications that are driving that.”

The co-founder also maintained that while during these times the network is practically unusable, it is not compromised.  Read more...

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🔴 Another Big Win for Ripple! | This Week in Crypto – Sep 26, 2022

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The post 🔴 Another Big Win for Ripple! | This Week in Crypto – Sep 26, 2022 appeared first on 99 Bitcoins.

JP Morgan CEO is again against crypto, Ripple moves closer to a dismissal in its …

🔴 Another Big Win for Ripple! | This Week in Crypto – Sep 26, 2022 Read More »

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New York State Slings Another Arrow At Bitcoin Mining

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While current operations will not be ceased, New York continues to show an adversarial stance to bitcoin mining as a whole.

This is an opinion editorial by Rick Mulvey, author of The Fraud Within and contributor to Bitcoin Magazine.

New York State’s Department of Environmental Conservation dealt another blow to the upstate Greenidge Generating Facility, which produces electricity for the power grid and also mines bitcoin.

Greenidge stated that the decision, announced on Thursday, to deny them a new “Title V” Air Emissions permit will “not have any impact on our current operations.”  Read more...

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Stock Market Could Rage Higher For Another 8 Years, Fidelity Strategist Claims

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The stock market’s unstoppable bull run could keep forging new highs for another eight years. That’s according to Fidelity’s director of global macro, Jurrien Timmer. After breaking new record territory last week, Timmer believes the S&P 500 and Dow Jones are in a bullish super-cycle. And they’re not overcooked yet. If he’s right, any downturns […]

The post Stock Market Could Rage Higher For Another 8 Years, Fidelity Strategist Claims appeared first on CCN Markets

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Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook

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The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit bureau is reportedly expected to pay around $ 650 million after they exposed the private information of more than 145 million customers in the summer of 2017. The information included names, addresses, driver license numbers, and […]

The post Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook appeared first on CCN Markets

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Tezos (XTZ) Finally Gains Another Exchange Listing: KuCoin

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Despite being one of the higher profile blockchain projects, Tezos (XTZ), a blockchain platform that features a self-evolving upgrade system, has been stunted by a lack of major exchange listings. That appears to be starting to change as Singapore-based crypto exchange KuCoin announced the listing of Tezos on Friday. Tezos (XTZ) is now available on KuCoin, you […]
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Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court

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Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court

When cryptocurrency exchanges fail, a seismic shock shudders through the cryptosphere. With thousands of users, from traders to companies, left out of pocket, litigation is inevitable in a bid to claw back some of the losses. Cryptopia is the latest in a long line of exchanges to face a litany of lawsuits from anguished creditors.

Also read: Mixing Service Bitcoin Blender Quits After Bestmixer Takedown  Read more...

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Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper

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The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing another legal challenger to Wright’s claim of ownership over the seminal paper.

Also read: Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash

**This post was edited at 2:20 p.m. EST. It contains additional commentary from Wei Liu. Liu was a former executive at the bitcoin mining operation F2pool.  Read more...

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It Looks as if Another Darknet Market Era Is Coming to an End

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It Looks as if Another Darknet Market Era Is Coming to an End

Major darknet markets come and go in eras, so it seems, and the current one may be ending.

Two of the biggest digital black markets seem to be disappearing, both at the same time. While it is notoriously hard to find reliable information about the status of these highly illegal endeavors, messages on darknet-specific forums like Dread and reports by darknet-focused news sites like Deep Dot Web indicate that digital black markets Dream Market and Wall Street Market have both become unusable. The former has halted trading altogether, while the latter appears to be confiscating user funds.  Read more...

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Huobi Token (HT) Quietly Pumps Another 19%

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Despite Binance Coin (BNB) grabbing most of the headlines, Huobi Token (HT), the exchange token associated with Huobi Global, is up an impressive 113% over the past month. On the day, Huobi Token is up another 19%, bring the token’s price to $ 2.37 with a market cap of $ 118.4 million. HT/USD (CoinCodex) Huobi Token has […]
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Enjin Coin (ENJ) Surges Another 70% as the Good News Continues to Roll In

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Enjin Coin (ENJ) has seen another meteoric surge in price today after the project, which is building a decentralized ecosystem for gaming, confirmed an official partnership with Samsung Electronics (SSNLF). As we previously reported, initial speculation helped drive up the price of ENJ, and numerous other altcoins, after images circulated suggesting the Samsung Galaxy S10 will come […]
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Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

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Another Satoshi Steps Out of the Woodwork Calls Craig Wright a Liar

On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi, but in the comment section of his blog post, another character calls him a “liar” and claims that he is in fact the real Satoshi Nakamoto.

Also Read: Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency  Read more...

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Cboe Files (Again) for (Yet Another) Bitcoin ETF

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cboe etf refiling

That didn’t take long.

Barely a week after the Chicago Board of Exchange (Cboe) withdrew its application with the U.S. Securities and Exchange Commission (SEC) to list the world’s first bitcoin exchange traded fund (ETF), the exchange and its partners, VanEck and SolidX, are back at it.

Gabor Gurbacs, the director of digital asset strategy at VanEck Asset Management, broke the news on Twitter that the Cboe, on behalf of the joint initiative, had refiled for a rule change with the SEC to list the ETF. The filing has all the bureaucratic trappings of those that came before, but it will reset the clock on the SEC’s decision-making time frame for the institutional-grade product.  Read more...

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