Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict
Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.
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Russian hackers may be behind FTX hack: Elliptic
The research firm said that on-chain data point toward Russian hackers, instead of the previously-suspected North Korean Lazarus Group.
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Bitcoin slightly dips following U.S. CPI report
With the U.S. CPI holding steady and predictions favoring unchanged Fed rates, Bitcoin remains resilient.
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Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
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Japanese yen-backed digital currency set to launch next July
The DCJPY could play a central role in the future’s currency system, according to DeCurret Holdings.
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Coinbase Q3 trading volume drops 52% from last year
The current crypto bear market caused Coinbase’s trading volume to drop to levels not seen since 2020.
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Sam Bankman-Fried planned to raise money from Saudi crown prince, Ellison testifies
Caroline Ellison details how Sam Bankman-Fried planned to raise capital from Saudi Crown Prince Mohammed Bin Salman as FTX struggled to repay lenders.
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Former Alameda CEO Caroline Ellison testifies in ex-boyfriend Sam Bankman-Fried’s trial
Caroline Ellison, Sam Bankman-Fried’s ex-girlfriend and former CEO of Alameda Research, details how the trading firm took around $14 billion from FTX customers to repay lenders.
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Bitmain reportedly suspended employee salaries from September
Bitmain, one of the world’s largest Bitcoin application-specific integrated circuit (ASIC) manufacturers, has suspended employee salary payments from September, according to a Tuesday report by China-based tech news outlet Leiphone. See related article: Hamas crypto donation accounts frozen by Israel police Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong…
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S.Korea’s crypto market rebounds in H1 but down 48.5% from 2021 close
South Korea’s cryptocurrency market has bounced back during the first half of this year but is still almost 50% below its value at the end of 2021, according to the Korea Financial Intelligence Unit (KOFIU), a government agency that oversees the nation’s anti-money laundering regime. See related article: Hamas crypto donation accounts frozen by Israel…