Elon Musk vehemently refutes rumors that any of his companies will create a cryptocurrency. He made this unequivocal statement on Twitter in response to speculation about his artificial intelligence firm, xAI, having a connection to an XAI token.
SafeMoon's founder and two top executives face U.S. Department of Justice charges for alleged fraud. The indictment in Brooklyn accuses Kyle Nagy, Braden John Karony, and Thomas Smith of securities fraud, wire fraud, and money laundering.
Bernstein's optimistic price target for Bitcoin by 2025 is $150,000, contingent on the approval of a Bitcoin ETF by the SEC in early 2024, which could drive significant investment into Bitcoin and contribute to this substantial price increase.
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in formal legislation for crypto activities by 2024.
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During his testimony on Friday, Sam Bankman-Fried told the court that he intended to sell FTX to cryptocurrency exchange Binance when the firm was in its infancy.
Sam Bankman-Fried admitted to making management mistakes while at the helm of FTX, his former multibillion-dollar cryptocurrency empire, during testimony in his defense at trial.
According to the FBI's investigation, these six individuals engaged in unlawful activities by utilizing the darknet to convert Bitcoin and other cryptocurrencies into cash. These activities reportedly took place between July 2021 and September 2023.
RBI Governor Shaktikanta Das reiterates India's firm stance against crypto assets, despite global trends in regulation. The IMF-FSB paper underscores crypto risks. India had hoped for consensus on regulation, but RBI's stance complicates matters.
Over 100,000 people were scammed in a cryptocurrency fraud in Himachal's Mandi district, including over 1,000 police personnel. Scammers created "Korvio Coin" and "DGT Coin," luring investors with false promises of high returns.
Robert Kiyosaki, co-author of "Rich Dad Poor Dad," is bullish on Bitcoin, gold, and silver. He predicts Bitcoin at $135,000, gold to $3,700, and silver to $68 per ounce. He warns against holding fiat currencies.
Australia plans to protect people from cryptocurrency collapses by forcing the platforms to get a financial services licence, the government said Monday.
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Ethereum wallet MetaMask went offline on Oct. 14 for several hours on Apple (NASDAQ:AAPL)'s App Store, raising concerns about its removal from the marketplace. The wallet is connected to a range of Web3 decentralized applications (DApps).
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G20 finance ministers and central bank governors (FMCBG) have adopted the road map on crypto assets which was proposed in the synthesis paper by the International Monetary Fund (IMF) and Financial Stability Board (FSB), calling for its swift and coordinated implementation.
Ferrari (RACE.MI) has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.
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Hamas is reportedly targeting cryptocurrency wallets in pro-Israel nations to raise funds, and a businessman in Delhi has already become a victim of cyber terrorism wing of Hamas.
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RBI Governor Shaktikanta Das again warned against crypto assets and stablecoins on Thursday.
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BREAKING: TRUMP OFFERED $5 BILLION BY FT'S SBF TO NOT RUN FOR PRESIDENT Sam Bankman-Fried apparently toyed with the idea of offering Donald Trump $5 billion to abstain from the 2024 presidential race, according to insights by Michael Lewis, author of "The Big Short.
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The United Kingdom’s financial markets regulator, The Financial Conduct Authority (FCA), had a busy Sunday on Oct. 8, as it added several crypto exchanges to its warning list of non-authorized firms that customers “should avoid.”
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The Ethereum Foundation, a non-profit organization responsible for developing and promoting Ethereum, has converted 1,700 ETH worth $2.76 million to Circle’s USDC stablecoin.
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