Major South Korean cryptocurrency exchange Upbit reportedly faces a monopoly investigation from local financial regulators. South Korea’s Financial Services Commission (FSC) plans to investigate Upbit exchange for potential anti-monopoly breaches, the local news agency Infomax reported on Oct. 9. Founded in 2017, Upbit is one of the largest crypto exchanges in South Korea and globally, … Read more
An Ethereum millionaire who made a $22 million fortune by longing Shiba Inu (SHIB) with $3200 in the 2021 crypto bull markets is driving an influx of smart crypto investors buying the ETFSwap (ETFS) viral presale as he touts ETFS as the next hidden crypto gem to experience an explosive 14,000x rally this winter of … Read more
Uniswap, the most popular decentralized exchange (DEX), has launched its own application-specific layer-2 blockchain network, Unichain, developer Uniswap Labs announced on Oct. 10. The app chain, which is still on testnet, promises to deliver faster and cheaper transactions and enhanced interoperability across blockchain networks, Uniswap said. “Unichain will deliver the speed and cost savings already … Read more
The crypto industry has seen its fair share of forecasts and theories that have crashed harder than a poorly coded smart contract. From the never-ending quest to dox Satoshi Nakamoto to the laughably wrong idea that Gary Gensler would be good for crypto, here are some crypto theories and beliefs that turned out to be … Read more
In an interview on Crypto Law TV, attorney James Murphy, also known as “MetaLawMan,” sat down with host Kristi Warner to discuss the latest developments in the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Murphy discussed the SEC’s recent appeal and the potential avenues Ripple might explore in response. … Read more
The United States Federal Bureau of Investigation (FBI) has been criticized for allegedly violating the terms of the MIT License in its smart contracts. On Oct. 10, X user 0xCygaar, a purported AbstractChain contributor, publicly accused the agency of using OpenZeppelin’s libraries — an open-source code resource — without properly including the required license attribution. … Read more
Crypto exchange OKX launched its trading platform for retail and institutional investors in the United Arab Emirates after securing a full license. In an announcement sent to Cointelegraph, the crypto exchange said UAE residents who completed the mandatory onboarding steps on the OKX website or application can access its services. This includes spot trading, express … Read more
Murad Mahmudov is back igniting our X timelines, but you may have noticed these days the “former” Bitcoin maximalist isn’t posting much about Bitcoin. For the uninitiated, Murad is a Bitcoin maximalist, albeit one who has run the ire of the culture for taboo ideas: see his 2021-2022 embrace of wrapped Bitcoin assets on other … Read more
Bitcoin (BTC) wobbled around the Oct. 10 Wall Street open as mixed United States inflation data sparked risk-asset volatility. BTC/USD 1-hour chart. Source: TradingView US inflation data fallout “positive for Bitcoin” Data from Cointelegraph Markets Pro and TradingView captured unsettled BTC price conditions focused around $61,000. The September print of the US Consumer Price Index … Read more
Software developer Peter Todd has emphatically stated that he is not Satoshi Nakamoto, the enigmatic figure behind Bitcoin, in a recent interview with Bloomberg. This assertion comes in response to the HBO documentary Money Electric: The Bitcoin Mystery, which suggests Todd may be linked to Nakamoto through circumstantial evidence. Peter Todd Responds To HBO Documentary … Read more
