Crypto news

[unable to retrieve full-text content]CoinspeakerTrustly Acquires SlimPay for Over $75M in European Expansion Bid Trustly acquired SlimPay shortly after launching its data engine - Trustly Azura. Trustly Acquires SlimPay for Over $75M in European Expansion Bid

[unable to retrieve full-text content]CoinspeakerElon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M X’s legal team argues that the company did not mandate employees to go the arbitration route and as such cannot be expected to cover the larger share of the filing fees. Elon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M

ADA price is trading in a bearish zone below the $0.280 support zone against the US Dollar. The price is now trading below $0.270 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.278 resistance zone. Cardano price is struggling below $0.278 against the US Dollar, similar to Bitcoin. ADA price...

Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $2.26 million) as a reserve. The local authorities have been quite strict with such entities lately, urging them to set up proper guidelines in terms of listing and delisting of digital assets to ensure maximum protection for customers. The Upcoming Requirement As reported by a Korean media outlet, the changes are expected to come into...

A little-discussed memo from the Securities and Exchange Commission (SEC) from five years ago may suggest that the agency faced internal struggles in concluding whether XRP was a security, according to crypto lawyer John Deaton. This may indicate that Ripple – the company behind XRP – was not legally reckless in issuing the token years prior, as the SEC has often alleged. The SEC’s Memo According to Deaton, the “Howey memo” was written by SEC enforcement lawyers, and received...

Sam Bankman-Fried’s trial is one of the biggest cases of white-collar securities fraud in Manhattan, with billions of dollars having gone astray from the defunct cryptocurrency platform FTX, causing significant financial distress to former users (and employees). In the latest development, the lawyers representing the disgraced founder objected to the four million pages of discovery notes provided by the US Department of Justice (DOJ), claiming that the move is “fundamentally...

Bitcoin wallet address that accumulated $3 billion worth of BTC in three months to become the 3rd largest wallet address belongs to the investing and trading platform Robinhood. The wallet had attracted attention dividing the market observers into speculating whether it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed that Robinhood is, in fact, behind the wallet, which currently holds over $3.08 billion of...

The Department of Homeland Security is working hard to bring down the activities of drug cartels that are either entering or doing business in the U.S. To do this, it’s striving to track all the crypto and bitcoin cartels use to engage in transactions. Cartels May Be Using Bitcoin Such cartels are trafficking several deadly drugs that ultimately make their way across the U.S.’s now non-existent border and wind up in the homes of Americans that become sick or dead...

[unable to retrieve full-text content]CoinspeakerApple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023 Apple's dominance in this arena is further underlined by its complete control over the top shipping models. Apple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023