The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000 in bitcoin for stealing the information, according to the U.S. Department …
Monthly archives: October 2022
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s unprecedented third term, as well as …
Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of …
Tamadoge Price Prediction for 25th of October: TAMA Bulls Are Winning
The Tamadoge price has appreciated to $0.02407 and more bullish moves are anticipated in today’s market. The tide turned in favour of the bulls in the […] Go to Source
4 Best Cryptos to Buy Now October 25: KLAY, CHZ, TAMA, and IMPT
Klaytn and Chiliz coin have been in an upward rally for the past few days. The rapid surge in the price of Klaytn from the […] Go to Source
Big Bitcoin Breakout Incoming as US Dollar Index Starting To Flash Reversal Signals, According to Popular Analyst
A widely followed crypto trader says the US dollar index (DXY) is signaling weakness and that could mean a big breakout for Bitcoin (BTC). In a new strategy session, crypto analyst Jason Pizzino tells his 278,000 YouTube subscribers that the DXY is showing multiple signs of bullish exhaustion after rallying over 16% this year. “We …
DOJ Charges Two Chinese Intelligence Officers in FBI Double Agent Bitcoin (BTC) Bribery Scheme
Two Chinese intelligence officers are facing criminal charges in the US for allegedly attempting to steal court documents and bribing an FBI agent with Bitcoin (BTC). According to a new statement from the U.S. Department of Justice, Guochun He and Zheng Wang tried to interfere with an ongoing criminal investigation involving a Chinese telecommunications company …
SandStorm Launches On-Demand Metaverse Builds With Five Virtual World Partners
October 25, 2022 – Tampa, Florida The largest metaverse builder community SandStorm has launched its self-serve build proposals, making it easier for brands to hire on-demand builders. SandStorm is a builder marketplace that currently spans five virtual worlds and eventually plans to expand across the entire open metaverse. Through direct partnerships with virtual worlds, they’ve …
Continue reading “SandStorm Launches On-Demand Metaverse Builds With Five Virtual World Partners”
Primex Finance Deploys Its Beta on zkSync Testnet To Enable Margin Trading on DEXs
October 25, 2022 – Kyiv, Ukraine Pioneer cross-chain prime brokerage protocol Primex Finance announces the deployment of its recently-launched beta version on the zkSync 2.0 testnet. Taking place at the end of October 2022, the integration will enable the project to offer users better transaction speed for margin trading on DEXs. At the same time, …
MakerDAO community votes to approve custody of $1.6B in USDC with Coinbase
Coinbase Prime, an institutional prime brokerage platform for crypto assets, announced on Oct. 24 that it has entered into a partnership with MakerDAO to become a custodian of $1.6 billion worth of the stablecoin USD Coin (USDC), of which MakerDAO is the largest single holder. The MakerDAO community voted to approve the custodianship, which will allow …
Continue reading “MakerDAO community votes to approve custody of $1.6B in USDC with Coinbase”
Western Union may be planning to expand its digital offerings far beyond remittances
Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the latest of several attempts the company has made to enter the cryptoverse. So far, it has had limited success. Western Union filed for three trademarks on Oct. 18. According to trademark attorney Mike …
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in a drop in the profit margins for Bitcoin (BTC) miners and reaching a low of $66.8 per petahash on Oct. 24. According to …
Continue reading “Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars”
US lawmakers question regulators over ‘revolving door’ with crypto industry
Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure. In letters dated Oct. 24 addressed to the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission, Treasury Department, Federal Reserve, …
Continue reading “US lawmakers question regulators over ‘revolving door’ with crypto industry”
Bitcoin Price Prediction for Today, October 25: BTC/USD Signals Fresh Increase towards $20k
The Bitcoin price prediction retested the $19,240 support level as it is now rising, but it must clear $19,800 and the moving averages for a […] Go to Source
Algorand Price Prediction for Today, October 25: ALGO/USD Approaches $0.35 Level
The Algorand price prediction is changing hands at $0.33 as the technical indicator Relative Strength Index (14) crosses above the 50-level. Algorand Market Price Statistic: […] Go to Source