Tag: bitcoin

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Cryptocurrency and Blockchain News From Brazil: Oct. 28-Nov. 3 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it customers yet again, another six individuals linked to the Unick Forest crypto scheme are arrested, and the founder of A2 Trader challenges Brazilian regulators…
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Binance Bitcoin Futures ‘Attack’ Sees FTX Exchange Face $150M Lawsuit

An entity called Bitcoin Manipulation Abatement LLC accuses FTX exchange of scheming to trigger liquidity cascades on Binance’s Bitcoin futures. Cryptocurrency derivatives exchange FTX has received a $150 million lawsuit for market manipulation and selling unlicensed securities in the United States. Uploaded to social media by End of the Chain podcast host Samuel McCulloch on…
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Bahrain to Provide Fast-Track Setup Program for Fintech Startups

Bahrain has introduced a fast-track process for fintech startups looking to do business in the country. The Bahrain Economic Development Board (EDB) has introduced a new program to attract more startups to the country. According to a press release on Oct. 29, the investment promotion agency for the Kingdom of Bahrain has introduced a fast-track…
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As Bitcoin Price Consolidates, Litecoin Looks Ripe for Massive Gains

Bitcoin’s price action slows as Litecoin looks poised for significant gains. Bitcoin price (BTC) failed to ignite much interest as October closed.  There are approximately 194 days left until the next Bitcoin halving, which probably feels like an eternity away for those involved with the crypto space.  This week there was also a surplus of…
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British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money

The United Kingdom government tax agency has updated its cryptocurrency taxation guidelines for businesses and individuals. The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals. On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies,…
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BitMEX Chaos, Cold Wallet Calamity, Germany Hates Crypto: Hodler’s Digest, Oct. 28–Nov. 3

BitMEX’s Twitter account is hacked after user emails leaked, and the CEO of a crypto exchange loses the password to a Bitcoin cold wallet. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and…
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Crypto News From the Spanish-Speaking World: Oct. 28–Nov. 3 in Review

Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world has seen major cryptocurrency and blockchain developments with the Argentinian tax agency applying taxes to transactions with e-wallets, the central bank of Argentina tightening its restrictions on exchanges, and the Dash Latam community ceasing its…
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Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain

Cryptocurrency exchange Bitfinex moved 1 .561 million USDT from the Omni Protocol to the Liquid Bitcoin sidechain. Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain. Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2. The conversion increases the quantity…
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Bitcoin Price Will See $16,000 ‘Soon-Ish,’ Predicts Binance CEO CZ

Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says that timing Bitcoin price is the most difficult part but $16,000 will happen “soon-ish.” Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says a price of $16,000 per Bitcoin will happen “soon-ish,” in a tweet sent on Nov. 1. Zhao explains that price predictions…
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Are Stablecoin Futures Built to Last?

If a stablecoin is truly stable, why is a futures contract needed, as there is no risk to hedge? OKEx, the world’s fifth-largest crypto exchange, announced on Oct. 29 plans to launch Tether (USDT) futures trading, featuring a linear contract with leverage of up to 100x. Stablecoin futures, the exchange said, offer a simpler and…
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