Shiba Inu (SHIB) tokens worth a staggering $3.2 million have made their way onto Coinbase, according to recent data on Etherscan. This substantial transaction, involving a jaw-dropping 425 billion SHIB tokens, has raised eyebrows within the cryptocurrency community. The timing of this move couldn’t be more intriguing, as Shiba Inu has been experiencing a rollercoaster […]
Binance Halts BUSD Lending and Pushes for FDUSD Transition!
The post Binance Halts BUSD Lending and Pushes for FDUSD Transition! appeared first on Coinpedia Fintech News Binance, the cryptocurrency exchange, will phase out its Binance USD (BUSD) lending services by October 25, as part of efforts to terminate all BUSD-related offerings by 2024. This aligns with New York fintech firm Paxos’ decision to end […]
Sam Bankman-Fried sues insurance company for defense costs as trial opens
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
Bitcoin drives digital asset inflows for the first time in 6 weeks: Report
Cryptocurrency assets experienced inflows for the first time in six weeks during the week of Sep. 22-28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares. Bitcoin was the biggest gainer with inflows in the amount of $20.4 million for the week. Good week, everyone. Here are […]
Representation Matters: How Film3 Can Help Cinema Reflect Our Diverse World
Filmmaker Jordan Bayne writes about the potential for decentralized technologies to help ensure that a wide range of voices are reflected onscreen.
Crypto Experts: Ethereum Emerges as an ‘Aggressive Growth Investment’ Despite 4% Price Drop
The cryptocurrency landscape, which is constantly evolving, initially sparked optimism in the market during ‘Uptober.’ However, this positive trend took an abrupt turn due to a subsequent correction. Nevertheless, there is growing confidence in specific assets. In a recent CNBC interview, Jan Van Eck, the CEO of VanEck Associates, shared his belief that Ethereum [ETH] […]
Nasdaq Falls, Bitcoin Dips as DXY Nears 107
The dollar strength index (DXY) has gained further this Tuesday, nearing a yearly high with it rising to 106.8, up from below 106 on Monday.
Kenyan Parliament Takes a Stand Against Worldcoin: Privacy Concerns and Calls for Regulation
The Kenyan National Assembly Committee that has been investigating Worldcoin operations in the country has urged the Communications Authority of Kenya (CA) to immediately close the project. The parliamentary committee urged the National Treasury to formulate a comprehensive virtual assets regulatory framework as the investigative arms continue to probe the Worldcoin data storage. A Kenyan […]
Crypto Whales Are Buying These 3 Altcoins for October Profits
Crypto whales have been capitalizing on the recent industry swings and positive macro events to scoop some altcoins for potential gains in October 2023. On-chain analysis beams the spotlight on 3 mega-cap cryptocurrencies that are whales buying. The crypto markets have reacted positively to vital macro events, including the recent Fed rate pause and Ethereum […]
Sam Bankman-Fried Trial: SBF Won’t Face Death Penalty; Lawyers Push To Exclude Testimony From FTX Users
The post Sam Bankman-Fried Trial: SBF Won’t Face Death Penalty; Lawyers Push To Exclude Testimony From FTX Users appeared first on Coinpedia Fintech News Once acclaimed as the crypto monarch of America, Sam Bankman-Fried of FTX will confront allegations of engineering one of the nation’s largest financial deceptions in a trial set for today. The […]