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US Justice Department Charges Gotbit Founder with Fraud

US Justice Department Charges Gotbit Founder with Fraud

The Massachusetts Attorney’s Office has charged Alexey Andryunin, founder and CEO of market maker Gotbit, with fraud and conspiracy to manipulate the cryptocurrency market. Founder of cryptocurrency financial services firm “Gotbit” indicted for market manipulation and fraud conspiracy. Allegedly made tens of millions of dollars in proceeds for fraudulent “wash trading” services. ?https://t.co/d0ofGJkACz — U.S. […]

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Telegram Enhances Video Uploads and Permits Bot Advertising

Telegram Enhances Video Uploads and Permits Bot Advertising

Telegram developers have introduced faster video uploads and improved video quality in a new update, along with several other features. This was announced by the messaging app’s founder, Pavel Durov. Telegram servers now compress videos into multiple quality options and optimize them for streaming, automatically selecting the most suitable resolution based on the user’s connection […]

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Immutable Receives Wells Notice from SEC

Immutable Receives Wells Notice from SEC

The blockchain gaming company Immutable has received a Wells Notice from the SEC, as stated in its blog. The firm attributes the regulator’s claim to the listing and private sales of the IMX token in 2021. “We are disappointed that the Commission recently sent us a Wells Notice, which lacks specific allegations of securities law […]

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Bitcoin Gains 14% in October but Faces November Correction

Bitcoin Gains 14% in October but Faces November Correction

Bitcoin’s price rose by approximately 14% in October. As November began, the cryptocurrency experienced a correction, yet traders remain optimistic about a continued upward trend. 4-hour BTC/USDT chart from Binance. Data: TradingView. On October 29, Bitcoin’s price reached $73,620 (on Binance), nearing its historical peak from March. As the third month of autumn began, the […]

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OpenAI Launches ChatGPT Search Feature

OpenAI Launches ChatGPT Search Feature

AI startup OpenAI has introduced a new search mode in its ChatGPT chatbot—Search. This feature “allows users to receive timely answers with links to relevant web sources.” ? Introducing ChatGPT search ? ChatGPT can now search the web in a much better way than before so you get fast, timely answers with links to relevant […]

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Trump Celebrates Bitcoin White Paper's 16th Anniversary

Trump Celebrates Bitcoin White Paper’s 16th Anniversary

Former US President Donald Trump marked the 16th anniversary of the publication of the Bitcoin white paper with a post on his X account.

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Bitcoin Volatility Predicted Amid US Election by Standard Chartered Expert

Bitcoin Volatility Predicted Amid US Election by Standard Chartered Expert

In the days leading up to the US elections, the price of Bitcoin may decline, followed by increased price volatility. This opinion was expressed by Standard Chartered researcher Jeff Kendrick. Despite testing levels around $73,500, the leading cryptocurrency has yet to surpass the record high set in March above $73,700. Kendrick believes that pre-election volatility […]

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Cryptocurrency Losses Reach $55.1 Million in October, Reports Immunefi

Cryptocurrency Losses Reach $55.1 Million in October, Reports Immunefi

In October, cryptocurrency companies suffered losses amounting to $55.1 million due to hacks, a decrease of 56.6% compared to the previous month’s $126.9 million, according to a report by Immunefi. Throughout the month, seven incidents occurred. The majority of losses were attributed to two projects: a hack of the DeFi protocol Radiant Capital amounting to […]

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Changpeng Zhao Addresses Public Following Release from Prison

Changpeng Zhao Addresses Public Following Release from Prison

Changpeng Zhao (CZ), the founder and former CEO of Binance, participated in the Binance Blockchain Week conference in Dubai, where he discussed the conditions of his imprisonment during his speech. At 15:55 Dubai time, Binance founder CZ appeared at the Binance Blockchain Week event venue and gave a content speech. Previously, CZ said he would […]

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The Cryptex case: why the exchange’s founder was wanted in the US and arrested in Russia

The Cryptex case: why the exchange’s founder was wanted in the US and arrested in Russia

In early October the Interior Ministry and the National Guard mounted a sweeping operation to detain almost 100 people suspected of running illegal cryptocurrency operations. Six alleged key figures were placed under house arrest, among them Cryptex founder Sergei Ivanov. Notably, the sweep came soon after US authorities offered a reward of up to $10m […]

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JPMorgan Analysts Predict Bitcoin and Gold Surge if Trump Wins

JPMorgan Analysts Predict Bitcoin and Gold Surge if Trump Wins

A potential victory for Donald Trump in the upcoming U.S. elections on November 5 could bolster the upward momentum of the leading cryptocurrency’s price, reports The Block, citing opinions from JPMorgan analysts.

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Reddit Sells Off Bitcoin Reserves

Reddit Sells Off Bitcoin Reserves

In the third quarter, the social network Reddit divested its reserves in the leading cryptocurrency and Ethereum, valued at nearly $6.9 million, according to a filing with the SEC report. Source: Quarterly report on Form 10-Q. “During the three months ended September 30, 2024, we sold most of our portfolio, which was primarily composed of […]

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