Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within “hours” of its first interaction with the regulator. Read More at https://cointelegraph.com/news/immutable-hits-back-sec-after-receiving-wells-notice?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Bitcoin needs catalyst for $100K, gold going higher, ETH still undervalued: Analyst
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ. Read More at https://cointelegraph.com/news/bitcoin-needs-catalyst-for-100-k-gold-going-higher-eth-still-undervalued-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express
Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo. Read More at https://cointelegraph.com/magazine/victims-ftx-hong-kong-civil-suit-gemini-singapore-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance partners with Amazon Web Services to enhance user experience
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers. Read More at https://cointelegraph.com/news/binance-partners-amazon-web-services-enhance-user-experience?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
VanEck invests in Web3 gaming startup Gunzilla
It’s the second bet on Web3 gaming by VanEck’s liquid token strategy fund. Read More at https://cointelegraph.com/news/vaneck-invests-web3-gaming-startup-gunzilla?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC cost crypto firms $426M under Gensler — Blockchain Association
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Read More at https://cointelegraph.com/news/sec-crypto-enforcement-gary-gensler-blockchain-association?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B
Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion. Read More at https://cointelegraph.com/news/tether-record-q3-profits-earnings-rise-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Crypto is not going anywhere’ — Florida chief financial officer
Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States. Read More at https://cointelegraph.com/news/crypto-not-going-anywhere-florida-chief-financial-officer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy’s $42B Bitcoin bet is bullish for shareholders: Analyst
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans. Read More at https://cointelegraph.com/news/microstrategy-bitcoin-bet-bullish-shareholders-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’
Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez’s sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison. Read More at https://cointelegraph.com/news/icomtech-promoter-sentenced-crypto-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound