Blockchain - Crypto News And Market Updates

Visual illustrating an FTX-related acquisition lawsuit, highlighting legal action, clawback claims, and corporate dispute themes.

Caroline Ellison Agrees to Turn Over All Assets in FTX Lawsuit Settlement

October 9, 2024 Gonzalo

Caroline Ellison agrees to turn over all remaining assets to FTX debtors and pledges to cooperate in ongoing investigations after the crypto firm’s collapse.

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Fold App Submits SEC Filing, Plans to Go Public Under New Ticker “FLD”

October 8, 2024 Gonzalo

Fold app files S-4 with SEC to go public under FLD ticker on Nasdaq, merging with FTAC Emerald. Bitcoin rewards will expand under new financial growth plans.

Palau Launches Blockchain-Based Savings Bonds Developed by Soramitsu

October 8, 2024 Gonzalo

Palau launches blockchain-based savings bonds with Soramitsu and Japan’s METI, enabling citizens to invest in national infrastructure projects via mobile apps.

Illustration showing a Bitcoin whitepaper document symbolizing protocol rules and digital money principles.

Hong Kong’s SFC Set to Approve Batch of New Crypto Licenses by End of Year

October 7, 2024 Gonzalo

Hong Kong’s SFC will approve a new batch of crypto licenses by year-end, aiming to regulate 11 virtual asset trading platforms currently under review.

US Moves to Recover $2.6 Million in Crypto Stolen by North Korea’s Lazarus Group

October 7, 2024 Gonzalo

The U.S. files a complaint to recover $2.6M in stolen cryptocurrency from North Korea’s Lazarus Group, disrupting their role in global cyberattacks.

Bitcoin illustration with upward market chart and city skyline, representing long-term outlook and future adoption of Bitcoin.

Dollar-Cost Averaging Bitcoin From 2021 Market Peak Yields 107% Return

October 6, 2024 Gonzalo

Dollar-cost averaging Bitcoin from its 2021 peak has yielded a 107% return, showcasing the strategy’s effectiveness for long-term investors.

Illustration showing UAE regulations shaping the DeFi sector and the regional crypto regulatory framework.

UAE Exempts Cryptocurrency Transfers and Conversions from VAT

October 6, 2024 Gonzalo

The UAE announces VAT exemptions for cryptocurrency transfers and conversions, aiming to attract more crypto businesses to Dubai and Abu Dhabi hubs.

Tether Teases USDT Documentary on 10th Anniversary

October 6, 2024 Gonzalo

Tether releases USDT documentary teaser on its 10th anniversary, highlighting its role in combating inflation and promoting financial inclusion worldwide.

Illustration representing a core blockchain network with interconnected nodes, data blocks, and secure infrastructure.

Axelar Unveils Mobius Development Stack for Seamless Cross-Chain Interoperability

October 5, 2024 Gonzalo

Axelar’s Mobius Development Stack simplifies cross-chain development, enabling decentralized applications across blockchains without relying on bridges.

Founder of Crypto Ponzi Scheme IcomTech Sentenced to 10 Years in Prison

October 5, 2024 Gonzalo

David Carmona, founder of IcomTech, sentenced to 10 years in prison for a Ponzi scheme, defrauding victims of $8.4M with false promises of crypto wealth.