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Revolutionizing the Cryptocurrency World: DEX BANUS Emerges as a Leader in Decentralized Futures – Press release Bitcoin News

September 21, 2023

PRESS RELEASE. Puerto Banus Spain, September 20, 2023 – The cryptocurrency and blockchain landscape is undergoing constant evolution, marked by groundbreaking innovations. At the forefront of this movement stands DEX BANUS. DEX BANUS: Pioneering Decentralized Trading DEX BANUS distinguishes itself as more than a typical cryptocurrency exchange. Powered by the renowned AVALANCHE and ARBITRUM…

Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance – Regulation Bitcoin News

September 21, 2023

The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing that those crypto firms” are…

South Koreans Report Over $98 Billion in Overseas Crypto Assets – Taxes Bitcoin News

September 21, 2023

South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement…

Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca – Bitcoin News

September 21, 2023

The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for the fund. Grayscale Investments Submits Ethereum Futures ETF Proposal to SEC Grayscale has approached the SEC…

Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud – Legal Bitcoin News

September 21, 2023

A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to…

What Are Rollups? Ethereum's Main Scaling Solution Examined – Learning - Insights Bitcoin News

September 21, 2023

Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on…

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision – Market Updates Bitcoin News

September 21, 2023

Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session. Bitcoin Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated…

Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years – Bitcoin News

September 21, 2023

In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012…

Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday – Market Updates Bitcoin News

September 21, 2023

XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the…

SEC's Crypto Chief Signals Ramp-Up in Enforcement: 'We're Going to Continue to Bring Those Charges’ – Regulation Bitcoin News

September 21, 2023

According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an SEC forum in Chicago. SEC Crypto Head Forewarns Tougher Enforcement While the crypto community has focused on the…