XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF. Read More at https://cointelegraph.com/news/xrp-etf-approval-depends-us-election-sec-appeal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Brazil tests DeFi elements, compatibility in Drex CBDC pilot
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability. Read More at https://cointelegraph.com/news/brazil-decentralized-finance-digital-real-cbdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin analysis sees BTC price gains on Coinbase premium golden cross
Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Read More at https://cointelegraph.com/news/bitcoin-analysis-btc-price-gains-coinbase-premium-golden-cross?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems. Read More at https://cointelegraph.com/news/man-lost-415-million-stock-market-sues-advisors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto startup accuses SEC of ‘massive regulatory land grab’
Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange. Read More at https://cointelegraph.com/news/crypto-startup-accuses-sec-regulatory-land-grab?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. Read More at https://cointelegraph.com/news/buying-bitcoin-dip-no-brainer-crypto-hedge-fund-manager?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Read More at https://cointelegraph.com/news/us-sec-back-nvidia-crypto-sales-class-suit-supreme-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Uptober’ mentions on social media plummet amid crypto rout
“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment. Read More at https://cointelegraph.com/news/uptober-mentions-plummet-traders-turn-bearish-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams. Read More at https://cointelegraph.com/news/bitcoin-miner-terawulf-sells-stake-nautilus-cryptomine-92-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hackers have started using AI to churn out malware
Researchers at HP found a malware program written by generative AI “in the wild” while investigating a suspicious email. Read More at https://cointelegraph.com/news/hackers-use-generative-ai-to-write-malware-code?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound