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Blockchain

California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

“These investment schemes are often marketed as a unique opportunity to earn lucrative profits and secure generational wealth through blockchain technology, a metaverse, liquidity and staking pools, a tokenized skyscraper and digital assets purportedly convertible to physical gold,” the Texas agency described in its emergency cease-and-desist order. Source link

Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout. Source link

Bitcoin (BTC) Price Decline Spurs Largest Crypto Liquidation for Bulls in 3 Months

Big declines across the board prompted over $307 million in liquidations of leveraged crypto long positions – bets on higher prices – over the past 24 hours, data from CoinGlass shows. This was the largest amount of liquidated longs in a day since August 17, when bitcoin (BTC) plunged from above $28,000 to about $25,000 […]

Fake BlackRock XRP Filing Weighs on Altcoins as SOL, AVAX, LINK Decline 8%-12%; Bitcoin (BTC) Slumps 2%

An already lower crypto market was shaken up further by the fake news. SOL, which was a leader of the altcoin rally by more than doubling in price in a month, tumbled to an 8% loss over the past 24 hours. LINK and AVAX plunged more than 10% and 13%, respectively. Cardano’s (ADA), Polkadot’s (DOT) […]

We’ve Seen the FTX Collapse Before

Before you know it, we were representing virtually all of the 38,000 customers pro bono with help from my Northwestern law professor, J. Samuel Tenenbaum, and Barnes and Thornburg lawyers Trace Schmelz and David Powlen, with Hillary Escadeja, Susan Osmanski and David Rosen rounding out our small but very capable team of volunteers. Source link

Crypto Platform Raft Suffers $3.3M Exploit, but Hacker Likely Lost Money on Attack

On-chain data shows that the attacker drained 1,577 ETH from Raft, then sent 1,570 ETH to a burn address – destroying most of the stolen assets and leaving only 7 ETH for themselves. The hacker’s address received 18 ETH via crypto mixer service Tornado Cash before the attack, blockchain data on Arkham shows, likely to […]

Can Everyday Traders Trust DeFi's Automated Market Makers?

Can Everyday Traders Trust DeFi's Automated Market Makers? Source link

BlackRock’s (BLK) Ether (ETH) ETF Plan Is Confirmed in Nasdaq Filing

“Either CME surveillance can detect spot-market fraud that affects both futures ETFs and spot exchange-traded products, or that surveillance cannot do so for either type of product,” the filing said. “Having approved ETH futures ETFs in part on the basis of such surveillance, the Commission has clearly determined that CME surveillance can detect spot-market fraud […]

The Latest Tech News in Crypto and Blockchain

Nov. 9: Stackr Labs, provider of a software development kit to build app-specific “micro-rollups” using Web2 programming languages such as JavaScript and Python, announced its Seed round, raising a total of $5.5 million, according to the team. “The round was led by Archetype, with participation from Lemniscap, a16z CCS, Superscrypt, a_capital, Spartan, Scalar Capital, t0 […]

Crypto’s Bromance With U.S. CFTC May Be One-Sided, Enforcement Record Shows

In recent years, Behnam’s agency has routinely been held up in crypto circles as the preferred U.S. regulator. Industry insiders have suggested its handling of digital assets is much more reasonable than its sister agency, the Securities and Exchange Commission (SEC.) But while the CFTC’s reach and staff may be more limited than the SEC’s, […]

XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K

Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge. Source link

Crypto Trader Avi Eisenberg’s $110M Fraud Trial Delayed Until April 2024

Eisenberg’s trial schedule was moving nearly as speedily until late October, when the Bureau of Prisons moved him from a New Jersey federal jail to Brookyln’s more restrictive Metropolitan Detention Center, hampering defense lawyers’ efforts to prepare for his December 8 trial date, according to a filing. Source link