Bitcoin decouples from long-term bonds – Why?

The post Bitcoin decouples from long-term bonds – Why? appeared on BitcoinEthereumNews.com. The correlation between Bitcoin and long-term bonds has fallen to its lowest in the last year. This has been due to the gradual change in the perception of the leading…

Scam Alert: Friend Tech Rival Stars Arena Confirms Protocol Exploit

Stars Arena, the Avalanche-based rival of social protocol Friend Tech, has recently confirmed a protocol exploit that resulted in a staggering loss of 266,103 AVAX tokens worth approximately $2.88 million. Nature of the Exploit This disturbing revelation has sent shockwaves through the crypto community, raising concerns about the safety and security of smart contracts and […]

UAW, Mack Trucks workers to vote on deal

The post UAW, Mack Trucks workers to vote on deal appeared on BitcoinEthereumNews.com. Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers…

Retail Trading Of Stablecoin Prohibited Till 2024: Hong Kong Official

The post Retail Trading Of Stablecoin Prohibited Till 2024: Hong Kong Official appeared on BitcoinEthereumNews.com. Hong Kong’s Secretary for Financial Services announced that retail stablecoin trading will be prohibited until 2024. Christopher Hui reported that the restriction will last until the comprehensive stablecoin policy is…

The Most Outrageous Ripple (XRP) Price Predictions

The post The Most Outrageous Ripple (XRP) Price Predictions appeared on BitcoinEthereumNews.com. TL;DR XRP’s price has been volatile due to Ripple’s ongoing legal battle with the SEC, with recent highs around $0.85 and later $0.55. Analysts provide varied future predictions for XRP:…

Hong Kong official states retail stablecoins trading not yet allowed

The post Hong Kong official states retail stablecoins trading not yet allowed appeared on BitcoinEthereumNews.com. Hong Kong official reinforces that retail investors cannot trade stablecoins until they are regulated, likely in 2024. This follows that the virtual asset trading platform JPEX has come under suspicion…

UZX.com launches a 1 million UZX governance token airdrop program

The post UZX.com launches a 1 million UZX governance token airdrop program appeared on BitcoinEthereumNews.com. The world’s first crypto exchange governed by DAO has announced a major announcement, which is an exciting development for the cryptocurrency community. UZX.COM has launched the platform token UZX and…

Alameda Research used customer funds as early as 2019, Gary Wang testifies

The post Alameda Research used customer funds as early as 2019, Gary Wang testifies appeared on BitcoinEthereumNews.com. At a glance Gary Wang described Alameda Research using the in-house FTT token as collateral for loans of FTX customer funds since nearly the beginning of FTX’s operations in 2019.…

CFTC weighs enforcement action against former Voyager Digital CEO: Report

The post CFTC weighs enforcement action against former Voyager Digital CEO: Report appeared on BitcoinEthereumNews.com. Officials at the United States Commodity Futures Trading Commission (CFTC) are reportedly considering an enforcement action against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.  According to…

Judge Torres Slams SEC Inconsistent Legal Theories in Ripple Case

The post Judge Torres Slams SEC Inconsistent Legal Theories in Ripple Case appeared on BitcoinEthereumNews.com. Judge Analisa Torres slams the SEC over its shifting and inconsistent arguments as to its legal theories about Ripple’s other distributions of XRP.    Crypto-Law, a US regulatory and legal…