Renowned investor Raoul Pal names ‘magic level’ bitcoin hits before surging

[ad_1] Raoul Pal — renowned investor, co-founder and CEO of Real Vision — suggested that the cryptocurrency market is near its bottom. In a lengthy Dec. 12 Twitter thread, Pal revealed that he “noticed in the past is episodes of low 30-day realized volatility have coincided with lows in the crypto market.” When it comes … Read more

3Commas updates users on recent API-KEY exchange attack

[ad_1] 3Commas releases an investigation update on a recent API-key exchange attack, which saw many altcoins contra-traded in Binance. 3Commas updates on ‘hack’ investigation 3Commas, the crypto trading bot company, has issued updates on its recent investigation into a possible API-key exchange attack against users and affecting exchanges such as Binance. In the update, the … Read more

Former top SEC crypto regulator hired by Caroline Ellison

[ad_1] A former top crypto regulator with the United States Securities and Exchange Commission (SEC) will represent Caroline Ellison, the ex-Alameda Research CEO, in an ongoing federal probe, according to a Dec. 10 report from Bloomberg. Ellison will be represented by Stephanie Avakian and a team of attorneys from WilmerHale. Avakain is currently chair of … Read more

Starbucks Introduces Coffee-Themed NFTs on Polygon to Beta Testers

[ad_1] The American multinational chain of coffeehouses – Starbucks – launched its blockchain-based loyalty program, called Starbucks Odyssey, to its first group of US beta testers. The effort is an extension of the company’s existing project – Starbucks Rewards – and includes coffee-themed NFTs that relate to real-world experiences. The entity displayed its intentions to … Read more

Vanessa Sierra disables her NFT project webpage, submits to Google

[ad_1] OnlyFans model Vanessa Sierra launched her first NFT project in partnership with Reagan.eth in March. According to various reports, Vanessa “rugged” her project this week. On December 8, crypto researcher OkHotshot took to Twitter to highlight the various infractions that lead to the project’s fall. The thread is unique to the initiative’s genesis, the … Read more

US prosecutors investigating ex-FTX boss for possible fraud

[ad_1] On Friday, it was reported that American authorities are looking into fraud allegations leveled against Sam Bankman-Fried, the disgraced founder FTX. After the exchange filed for Chapter 11 bankruptcy in the United States on November 11, there were rumors that authorities were investigating whether hundreds of millions of dollars had been unlawfully transferred to … Read more

Police in China dismantles billion-dollar crypto money laundering operation

[ad_1] Inner Mongolian police have detained sixty-three people in connection with an alleged conspiracy to launder more than 12 billion yuan ($1.7 billion). Ten million yuan laundered monthly According to China News, authorities in the Inner Mongolia Autonomous Region reportedly discovered an extensive cross-border network that used virtual currency to process funds suspected to come … Read more

Bitcoin Remains Calm in Anticipation of Tuseday’s CPI Release (Weekend Watch)

[ad_1] The cryptocurrency market has remained calm over the past 24 hours with unimpressive volumes, which is rather typical for the weekend. It’s also worth noting that market participants might be cautious before the release of November’s CPI numbers. Bitcoin Stable at $17K Bitcoin’s price has failed to produce any significant movements in the past … Read more