New research from blockchain analytics and crypto compliance firm Elliptic has revealed the extent to which cross-chain bridges and decentralized exchanges (DEXs) have removed barriers for cybercriminals. In an Oct. 4 report titled “The state of cross-chain crime,” Elliptic researchers Eray Arda Akartuna and Thibaud Madelin took a deep dive into what they described as …
Monthly archives: October 2022
Coinbase expands to Australia with focus on institutions in ‘months to come’
United States-based cryptocurrency exchange Coinbase will expand its services in Australia, launching a local entity and an updated suite of services for retail crypto traders, hinting that institutional products are soon to follow. Speaking to Cointelegraph, Nana Murugesan, Coinbase’s VP of international and business development, said building during bear markets has “paid off big time …
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Bitcoin Price Prediction for Today September 30: BTC Price Struggles above $20K
Bitcoin Trades in the Overbought Region as BTC Price Struggles above $20K – September 30, 2022 The cryptocurrency has been trading marginally but struggles above $20K. Buyers have pushed the cryptocurrency above the moving average lines. In other words, Bitcoin is above the $20,000 psychological price level. The current bullish move is facing rejection at …
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Ripple Price Prediction Today, October 5, 2022: XRP/USD Bounces Upwards From a Support
Ripple’s price action has been generally oscillating within two key Fibonacci levels. Fib level 50 acted as the resistance while Fib level 61.80 acted as the support. Currently, the price is bouncing upwards after sitting comfortably at the price level of $0.4481. XRP’s Analysis Statistics Data: Ripple’s value now: $0.4760 XRP’s market cap: $24 billion …
IBATUSD: Price Is Going Up, Buy Now!
Battle Infinity Price Prediction for Today, 5th of October:IBATUSD is in an upward rally at the moment and will keep rising further. However, this can be achieved if the current supply at $0.003100 value ignites a sharp increase and closes above the $0.003380 resistance, this rally may register a $0.04000 high value. Key Levels:Resistance Levels: …
Hugo Boss announces the ‘360-degree metaverse experience’ with new NFT line
Hugo Boss announced partnering with the web3 company Imaginary Ones to launch its own NFT line, which will offer a new 360-degree experience of the Metaverse. This will be the first NFT collection of Hugo Boss and its first experience with the Metaverse. The fashion brand said its entrance to the Metaverse with a holistic …
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TON Network launches Telegram wallet bot for P2P crypto trading
Telegram users can now buy and sell cryptocurrency within the app due to a new update for the @wallet bot. In April, the TON (short for “The Open Network”) cryptocurrency gained its own @wallet bot on Telegram’s open WebApps platform, allowing users to buy, sell, and trade Toncoin (TON) without leaving the chat application. A …
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Mastercard launches new product to help banks combat crypto-related crime
Mastercard announced it would debut a software product that helps banks detect and block fraudulent transactions from going through crypto exchanges, according to a report on October 4, 2022. The new product, Crypto Secure leverages “sophisticated” synthetic intelligence algorithms to assess the risk of crime associated with crypto exchanges on the Mastercard payment network. The software …
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Genokishi up 26% in September as project rebrands to the GENSO metaverse
The GENSO metaverse token MV is up 26% since Sept. 19, as project launches the second Gensokishi open beta 2 min read Updated: October 5, 2022 at 12:59 am Cover art/illustration via CryptoSlate Gensokishi, the Japanese web3 MMORPG based on the Nintendo and Playstation 4 game Elemental Knights, was up 26% in September amid a …
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CryptoSlate Wrapped Daily: Elon Musk seeks to move ahead with $44B Twitter deal; Justin Sun wants to buy Credit Suisse’s assets
The biggest news in the cryptoverse for Oct. 4 includes Elon Musk making a new offer for Twitter, Celsius planning to auction assets, Justin Sun offering to buy Credit Suisse’s assets, and Charles Hoskinson calling for an end to Bitcoin mining. CryptoSlate Top Stories DOGE up 8% as Elon Musk makes new acquisition offer for …
Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports
Elliptic stated that over $3 billion was laundered through decentralized exchanges. 2 min read Updated: October 4, 2022 at 8:40 pm Cover art/illustration via CryptoSlate Blockchain security company Elliptic revealed that around $4 billion had been laundered through decentralized exchanges, cross-chain bridges, and coin swaps since 2020. According to the report, the illegal use of …
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates
Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to the hedge fund’s future. Hedge Fund Giant and Bridgewater Associates Founder Ray Dalio …
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto spot markets and several bills have been introduced in Congress this year to …
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to …
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Anchorage co-founder sees ‘tons of opportunity’ as it expands into Asia
Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct. 5 announcing a “major expansion” of its platform into the region. Speaking to Cointelegraph, Mónica said the company chose Singapore as a “jump point” into the wider Asia market as the …
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