Author Archives: pdgweb

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash. Read More at https://cointelegraph.com/news/ftx-strikes-deal-over-600-million-in-robinhood-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon. Read More at https://cointelegraph.com/news/sec-crypto-monetary-enforcement-3000-percent-rise-in-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A deepfake of Apple CEO Tim Cook asked viewers to deposit crypto into a wallet address in a bid to pull off the common “double-your-money” scam. Read More at https://cointelegraph.com/news/apple-iphone-16-launch-crypto-scam-youtube-livestreams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro. Read More at https://cointelegraph.com/news/bitcoin-seasonal-slog-september-low-chance-near-term-positives-nydig?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto. Read More at https://cointelegraph.com/news/north-carolina-passes-fed-cbdc-ban-override-governor-veto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec Read More at https://cointelegraph.com/magazine/pythia-finance-drained-53k-crypto-sec/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found. Read More at https://cointelegraph.com/news/fbi-2023-cryptocurrency-fraud-report-americans-lost-5-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s weekly close above a key support level is “good news” according to traders, and today’s rally to $56,500 could be a sign that the bottom is in. Read More at https://cointelegraph.com/news/bitcoin-traders-celebrate-good-news-as-btc-price-trades-above-56-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments. Read More at https://cointelegraph.com/news/us-investors-recover-funds-lydian-world-metaverse-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections. Read More at https://cointelegraph.com/news/cftc-kalshi-election-betting-temporary-stay-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound