Crypto News Network

02/09/2023

Anthony Pompliano’s bold prediction on CNBC: US = Billions in inflows! 🔥

02/09/2023

The SEC has unexpectedly postponed decisions on key ETF applications, setting a new decision deadline for mid-October.

Amid the regulatory suspense, Grayscale's courtroom victory over the hints at a positive shift for future approvals.

Crypto News Network's optimistic forecasts and exclusive community offers keep readers abreast and engaged during these pivotal times in crypto regulation.

13/08/2023

🚨 At Crypto News Network, we're more than just the latest updates - we're a community of 33K+ Bitcoin enthusiasts, HODL'ers, and Builders.

Join the HODL mission and see for yourself: https://www.cryptonewsnetwork.xyz/

13/07/2023

🚨 BREAKING NEWS: Ripple's landmark victory against the SEC is a game-changer for the world!

This ruling not only boosts but sets a precedent for future regulatory decisions.

Dive into the details and discover what's next for the crypto industry.

👉

A Turning Point for Cryptocurrency Regulation. What's next?

13/07/2023

🚨BREAKING: In a landmark ruling, Judge Analisa Torres has declared that Ripple's XRP token is not a security, marking a significant victory for Ripple Labs against the Securities and Exchange Commission. This decision has far-reaching implications for the future of cryptocurrency, potentially reshaping the regulatory landscape.

The news of the ruling led to an immediate surge in the price of XRP, catapulting it by 32.9%. This victory not only vindicates Ripple Labs but also sets a precedent that could influence future regulatory decisions, easing the path for other cryptocurrencies facing similar legal challenges.

As we continue to navigate the evolving landscape of cryptocurrency, this turning point underscores the potential of blockchain technology and cryptocurrencies. The next chapters in the cryptocurrency saga promise to be even more exciting, as we are only just beginning to scratch the surface of what is possible.

For more on the story: www.cryptonewsnetwork.xyz

06/07/2023

Immerse yourself in the pulse of and . For the most current, comprehensive, and engaging LIVE coverage, follow us on !

Your one-stop destination for all things crypto awaits at: https://www.threads.net/.hodl

21/06/2023

🚨 BlackRock, the world's largest asset manager, is making moves in the Bitcoin game! Their novel approach might just be the game changer for Bitcoin ETFs. Curious about what this means for the crypto space? Dive into the details at www.cryptonewsnetwork.xyz or click the link in our bio.

07/06/2023

🚨BREAKING NEWS: The Crypto world in turmoil! The SEC has locked horns with in a lawsuit that could send shockwaves across the industry. Could this be a tipping point for ? Get the full scoop at the link in our bio! Stay informed, stay ahead. 🚀

06/06/2023

🚨 BREAKING NEWS: The U.S. Securities and Exchange Commission has filed 13 charges against , the world's largest crypto trading platform, and its CEO Changpeng Zhao.

The allegations include operating unregistered exchanges, misrepresentation of trading controls, and the unregistered offer and sale of securities. This could have far-reaching implications for the platform and the crypto market at large.

For full details on this developing story, head to the link in our bio. Stay tuned for more updates.

https://www.cryptonewsnetwork.xyz/p/binance-under-fire

30/05/2023

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26/05/2023

🗣 Mexican Senator: Let's not wait for "prince charming" to bring adoption to Mexico 🇲🇽.

"If we are going to wait for the government to do it, then that is not going to happen."

Subscribe: www.cryptonewsnetwork.xyz

08/05/2023

Coinbase CEO Brian Armstrong has praised the United Arab Emirates 🇦🇪 for its progressive stance on regulation while attending the Dubai Fintech Summit. Amid increasing regulatory pressure in the United States, Armstrong commended the UAE for being the first to establish a dedicated crypto regulator, providing a clear rulebook, business-friendly environment, and robust customer protection measures. His remarks highlight the stark contrast between the landscapes in the US and the UAE.

Armstrong's appreciation for the UAE's regulatory environment comes as Coinbase faces challenges with the US Securities and Exchange Commission (SEC) over its staking products. The SEC alleged that these products constitute unregistered securities, prompting Coinbase to push back and caution against potential reputational damage. The ongoing regulatory issues in the US may be fueling Armstrong's interest in the more supportive atmosphere found in the UAE's crypto hubs, Dubai and Abu Dhabi.

Learn more: www.cryptonewsnetwork.xyz

06/05/2023

Crypto News Highlights #1 🚀

Welcome to Edition #1 by the Team – Your daily digest for breaking news, insights, and trends in and !

Welcome to Edition #1 by the HODL Team – Your daily digest for breaking news, insights, and trends in Crypto!

18/04/2023

Watch as SEC Chair, Gary Gensler, dodges Ethereum question LIVE!

⚖️ As SEC Chair hesitates on ’s classification, it’s time to reflect:

🧐 How will regulatory decisions shape the evolution of and our financial destiny?

18/04/2023

🏀🚨 Shaquille O' Neal Served in FTX Lawsuit: No More “Running”

After months of evasion, Shaquille O’Neal has finally been served papers in the FTX lawsuit. Alongside other high-profile endorsers such as Tom Brady and Larry David, Shaq is accused of actively participating in the offer and sale of unregistered securities for the fallen crypto exchange FTX.

👨‍⚖️🔎 Moskowitz Law Firm’s Persistence Pays Off!

Despite multiple attempts to serve O’Neal in person, lawyers at the Moskowitz Law Firm had been unsuccessful until recently. They even tweeted directly at Shaq, urging him to have the “courtesy & honor” to accept their legal complaint. Finally, Shaq was served outside his house, with his home security cameras capturing the moment.

⚖️🔜 FTX Class Action Lawsuit Set to Proceed 🔜

⚖️ With papers now served, the billion-dollar class action case against Shaq and other FTX celebrities can move forward. As the legal battle unfolds, we’ll be watching closely to see how Shaq defends his actions in this high-stakes lawsuit. Stay tuned for updates!

16/04/2023

🚀 , the true financial freedom fighter 🆚 CBDCs: a tool for absolute control.

Carstens admits it's all about power, not progress. Will you let Big Brother take over your wallet? 💸👁️

14/04/2023

Twitter Takes the Leap into 🤯

Elon Announced Partnership with eToro to Enable Trading of Bitcoin, and on Twitter!

Read the full story:

Elon Announced Partnership with eToro to Enable Trading of Bitcoin, Stocks and Cryptocurrencies on Twitter!

14/04/2023

🚨 TRENDING NOW:

Elon's Twitter Partners With eToro To Allow The Trading Of , Crypto & Stocks.

Is the creation of 'The Everything App' happening before our very eyes?

👉 Stay updated at www.CryptoNewsNetwork.xyz

07/04/2023

🔥 TRENDING NOW: Every new Mac secretly contains the whitepaper, thanks to none other than Apple. Could this be a sign of Steve Jobs' involvement in the crypto world? 🤔

Uncover the mystery behind the hidden whitepaper, and join the conversation on the future of and .

Find out if Steve Jobs had anything to do with it and WHY?!!

04/04/2023

🚨 Rumors of an INTERPOL Red Notice for Binance CEO, Changpeng Zhao, caused a stir in the cryptocurrency world. In our latest article, we delve into the details of this developing story, including what the Interpol Red Notice means and how it impacts Binance's legal troubles. As regulatory pressure on Binance continues to mount, our analysis explores the implications for the broader cryptocurrency industry.

Find out more in our latest article, where we provide expert insights and analysis on the latest developments in the cryptocurrency industry. Stay informed and stay ahead of the curve with our deep dives into the issues that matter most.

Binance denies CEO facing Interpol Red Notice after rumors spread on Twitter, causing BNB token and Bitcoin to drop.

03/04/2023

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01/04/2023

Bittrex, a popular U.S.-based cryptocurrency exchange, has announced the closure of its operations due to regulatory uncertainty. The exchange cited the economic and regulatory environment as being too difficult to navigate, making it unfeasible to continue operating in the United States. Bittrex's announcement indicates that all customer funds are safe and can be fully withdrawn immediately, providing some reassurance to its users. The exchange has been active for nine years, initially focusing on technology and security as a way to establish itself as a secure and fair trading platform.

The closure of Bittrex's U.S. operations highlights the ongoing regulatory challenges faced by the cryptocurrency industry. The lack of clear and consistent regulations, combined with enforcement actions that can seem arbitrary, make it difficult for exchanges and other companies to navigate the legal landscape. Bittrex's decision to wind down its U.S. operations is a significant blow to the domestic cryptocurrency industry, and it raises questions about the future of the regulatory environment. As the crypto space continues to evolve, it is likely that other companies will face similar challenges, and the industry as a whole will need to find ways to address the ongoing regulatory uncertainty.

31/03/2023

Crypto lobby group, Coin Center, has raised concerns that a US bitcoin ban could be imminent following a warning from influential Democrat Senator Elizabeth Warren. The Senator, who is on the Senate Banking Committee overseeing the US Securities and Exchange Commission (SEC), has previously introduced a number of anti-bitcoin and crypto bills over the past year, including the Digital Asset Anti-Money Laundering Act. Coin Center warns that a newly introduced bill known as the Restrict Act could be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open-source tools or protocols like bitcoin.

Crypto investors fear that a potential bitcoin ban could be sparked by Warren’s “anti-crypto army” as part of her re-election campaign, and the recent banking crisis. Anti-bitcoin and crypto sentiment has also increased following the latest price crash, wiping away $2 trillion of value from the crypto market, plunging many crypto companies into chaos, and culminating in the implosion of major exchange FTX in November.

31/03/2023

The U.S. government's recent sale of over 9,800 seized bitcoins from the Silk Road case for $215.5 million has drawn attention to the growing interest in cryptocurrency trading. The sale was successful despite the government paying high transaction fees of $215,000, equivalent to 0.1% of the total amount sold, leading some to suggest that the government could learn from the cost-saving strategies of the crypto community. However, the sale did not impact bitcoin's price, which actually increased by 2.43% on the day of the transaction.

The sale was part of the case against James Zhong, who had illegally obtained over 50,000 bitcoins from the Silk Road internet marketplace and was accused of wire fraud in 2012. Zhong has since pled guilty and is awaiting sentencing. The government's successful sale of the seized bitcoins highlights the potential profits that can be made from cryptocurrency trading, but also raises questions about the high transaction fees and market timing issues that can impact profitability.

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31/03/2023

The chairman of the Federal Deposit Insurance Corporation (FDIC), Martin Gruenberg, faced questioning during a Financial Services hearing over the agency's handling of the recent US banking crises, specifically related to its takeovers of Signature and Silicon Valley Bank, both of which serviced crypto clients. The scrutiny has grown amid concerns of risks to the US banking system, with calls for transparency over how the FDIC assumed control of these crypto-friendly banks. This came after around $4 billion in deposits tied to Signature Bank's crypto business were set to be returned, which only furthered the questions surrounding the FDIC's decision-making process.

The hearing also included questions over the intellectual property tied to Signet, Signature's blockchain-powered private money network utilized by major crypto firms such as Kraken. Despite Gruenberg's response that the intellectual property had already been sold out of the bridge institution, some pro-crypto insiders, such as co-founder of Island Castle Ventures Nic Carter, were skeptical. Others criticized the hearing for focusing on Silicon Valley Bank rather than Signature, including former House Financial Services Committee chair and Signature director, Barney Frank.

30/03/2023

The RESTRICT Act, introduced by a bipartisan group of senators and supported by the White House, aims to bolster the federal government's powers to combat foreign technology threats. However, some in the digital assets industry are warning that the bill's broad language could potentially spell disaster for crypto, as it may be used to prevent Americans from conducting cryptocurrency transactions or engaging with networks like Bitcoin entirely. The cryptocurrency advocacy group Coin Center has expressed concern that the bill could be interpreted broadly to ban entire classes of technologies, which could be exploited to block or disrupt cryptocurrency transactions and in extreme cases, block Americans' access to open source tools or protocols like Bitcoin.

Coin Center's primary issue with the RESTRICT Act is that it creates a regime within the Secretary of Commerce that would run parallel to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), which could create redundancy and potentially ban technologies independently and without procedural checks. Additionally, the advocacy group warns that the word "interest" in the bill's language could be exploited to ban Americans from using entire classes of technologies, and they raised concerns about the potential for the bill to infringe on free speech.

29/03/2023

China and Brazil have agreed to ditch the US dollar as an intermediary and trade in their own currencies, marking a significant shift in global trade and financial transactions. The deal will allow China, the largest rival to US economic dominance, and Brazil, Latin America's biggest economy, to conduct direct exchanges of yuan for reais and vice versa, reducing costs and facilitating investment. The currency swap deal is expected to promote even greater bilateral trade between the two countries, which had a record $150.5 billion in trade last year.

The move follows similar currency deals that China has struck with Russia, Pakistan, and several other countries, and is a clear challenge to the US dollar's status as the world's dominant reserve currency. It also comes amid escalating trade tensions between the US and China, with many countries looking to diversify their trade relationships and reduce their dependence on the US dollar. The currency swap deal between China and Brazil is expected to have significant implications for the global financial system and could lead to a further shift away from the US dollar as the world's dominant currency.

29/03/2023

JUST IN: Safemoon, a BNB chain-based exchange, faced a security breach as its liquidity pool was compromised, resulting in the loss of nearly $9 million. The exchange informed the Safemoon community about the issue on Twitter, stating that they are working to resolve the problem quickly. A recent update may have introduced a "public burn bug," which the hacker exploited to drain $8.9 million in assets from the liquidity pool, as confirmed by security firm Peckshield.

The attacker used a code function to artificially raise the price of SFM tokens, which allowed them to sell enough tokens back to the liquidity pool in a single transaction, effectively draining the WBNB from the contract. Peckshield described the exploit as an "extremely obvious" and "elementary" one that many contracts in the space have fallen victim to, emphasizing the importance of not allowing users to burn tokens from any address.