LBANK INFO CRYPTOCURRENCY

Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future. from Cointelegraph.com News https://ift.tt/3xzCpq5 via IFTTT

My raw Transaction 0200000002e534266acdc23f944e919ef38d9968c47f9f504c03a57897c0dc2336afec1bf50000000017160014aa6502a44947cf829b41b6d065e04e80f92897a2ffffffff3ba884bc7fc43c5bebb34ed174e2c2b0e866112660649248eef6609db0f5ac1b0b000000160014dc6bf86354105de2fcd9868a2b0376d6731cb92fffffffff01a00f00000000000017a914a7fe1a34561bf3ca04b2f00975aa518012c765298700000000 can someone help me to fix this raw transaction.., please. This is my P2SH Addresses https://www.blockchain.com/explorer/addresses/btc/3PdQoXyQwWmerpt3SbF7Hbh3aukC5w28GP I just sent some fund and trying to spend, but i just have redeem script. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/rlTw4eB via IFTTT

Per a Bloomberg Law report , in an upcoming fraud trial scheduled for October, FTX co-founder Sam Bankman-Fried is preparing to call seven expert witnesses, potentially paying them up to $1,200 an hour, to testify on his behalf.  According to a letter filed in federal court in Manhattan, these witnesses would testify on campaign finance laws, valuations of FTX and its affiliate Alameda Research, and the crypto exchange’s software infrastructure and terms of service. The move sheds light on Bankman-Fried’s defense strategy as he faces allegations of orchestrating a multibillion-dollar fraud.  FTX Co-Founder’s Defense Takes Shape According to Bloomberg Law’s report, prosecutors already have a group of Bankman-Fried’s former friends and colleagues ready to testify against him. However, Judge Lewis A. Kaplan revoked his bail in August after finding indications of witness tampering on two occasions. Bankman-Fried, who has pleaded not guilty to all charges, has not commented...

The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs. from Cointelegraph.com News https://ift.tt/5M9ErOY via IFTTT

The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto. from Cointelegraph.com News https://ift.tt/7lfwyxQ via IFTTT

A digital wallet associated with Robinhood, the United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the  fifth largest holder  of Ethereum (ETH). According to Arkham Intelligence, an on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It could not be immediately ascertained whether Robinhood directly owned these coins or if it custody them on behalf of clients. The trading and investing platform has not come out to clarify the status of their coins, including Bitcoin and Shiba Inu (SHIB), which form a big chunk of their portfolio. However, based on on-chain data, what’s evident is that the Robinhood wallet cumulatively holds billions worth of coins. Robinhood Holds Billions of Assets To illustrate, Robinhood controls over $6.6 billion of crypto assets, of which over half comprise Bitcoin and Ethereum. Presently, they control $3.3 billion of BTC...

In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today.  The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered a limited window for potential trial date adjustments. Judge Kaplan And Defense Clash In FTX Founder’s Case As reported on X (formerly Twitter) by Inner City Press, the dialogue unfolded with Judge Kaplan setting a September 7 deadline for requesting a jury based on the trial start date of October 3.  The defense team, however, refrained from seeking a different trial date for preparation purposes, prompting the judge to remind them of the opportunity available within the limited timeframe. Amidst concerns raised by SBF’s lawyer about late discovery and the government’s charging decisions, Judg...

Bankrupt digital asset lender BlockFi has filed a court petition requesting permission to convert the Trade Only assets of its users to stablecoins, thus allowing the withdrawal of these tokens. This development marks the company’s latest effort to repay its creditors. BlockFi Moves To Grants Users Access To Trade Only Assets According to BlockFi’s petition, the Trade-Only assets are not withdrawable tokens via normal wallet withdrawal processes. In the platform’s US market, these tokens include Algorand (ALGO), Bitcoin Cash (CASH), and Dogecoin (DOGE). However, On the BlockFi international platform, the Trade Only assets include Cardano (ADA), Cosmos (ATOM), Avalanche (AVAX), and Solana (SOL), among others. BlockFi has stated that its US customer wallets account for only 0.5% of all Trade Only assets, with most of this asset class belonging to customers of its foreign wing. In supporting its court petition, BlockFi also says that its custodial partner for withdrawing crypto asset...

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase. from Cointelegraph.com News https://ift.tt/j1CVTNg via IFTTT

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. from Cointelegraph.com News https://ift.tt/VAGMjXU via IFTTT

Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. from Cointelegraph.com News https://ift.tt/U02iguS via IFTTT

Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal. from Cointelegraph.com News https://ift.tt/5gURWyf via IFTTT

Immediately after Ethereum spiked on August 29, a whale  bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, the issuer of several trusts, including the Bitcoin Trust, versus the United States Securities and Exchange Commission (SEC). The Grayscale Catalyst The United States District of Columbia Court of Appeals  faulted  the SEC for not allowing Grayscale to convert the billions worth of over-the-counter (OTC) Bitcoin Trust to a Bitcoin spot Exchange-Traded Fund (ETF). The SEC has already approved a Bitcoin Futures ETF that doesn’t track the price of Bitcoin directly.  In their argument, Grayscale asserts that measures implemented to ensure that prices aggregated for the Bitcoin index used to guide the Bitcoin Futures ETF are safe. ...

In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT).  As reported by Bitcoinist on Monday, the SEC had initiated legal proceedings against media and entertainment company Impact Theory, which resulted in a cease-and-desist order and a substantial financial penalty of over $6.1 million. Commissioners Uyeda and Peirce, known for their support of innovation within the crypto industry, voiced their disagreement with the SEC’s classification of certain NFT sales as securities.  They emphasized their concerns about applying the Howey analysis, a legal framework used to determine whether an investment contract exists. They called for a deeper examination of the issues surrounding NFTs before pursuing additional enforcement actions. SEC Commissioners Clash Over NFT Crackdown The settlement involving ...

Regulators from Rhode Island have approved X’s application for a currency transmitter license. from Cointelegraph.com News https://ift.tt/i5KVH3X via IFTTT

Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. from Cointelegraph.com News https://ift.tt/0q8FJW3 via IFTTT

On August 28, a crypto wallet associated with 1inch Investment Fund, “0x225d3822de44e58ee935440e0c0b829c4232086e”, bought  6,088 Ether (ETH) at $1,655 spending $10 million on the trade, data from Lookonchain, a blockchain analysis platform, shows. The fund is linked with 1inch Network, the decentralized exchange (DEX) aggregating protocol that is also one of the largest platforms by total value locked (TVL). Big Players Buying ETH But Prices Under Pressure 1inch Investment fund has not laid down the reason behind their decision to buy Ethereum when prices generally appear depressed following losses roughly ten days ago. On August 17, ETH, like Bitcoin and the broader crypto market, dropped. ETH lost roughly 15%, pulling back from around $1,800, and is yet to retest those levels at spot rates.  ETH candlestick arrangement on August 28 shows that the coin remains in a tight consolidation, moving horizontally and confined inside the August 17 bear candlestick. Prices are re...

Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they believe undermine the progress made by Congress in establishing a regulatory framework for payment stablecoin.  In a letter addressed to Fed Chairman Jerome Powell, Representative Patrick McHenry, Representative French Hill, and Representative Bill Huizenga, they criticized the Fed’s issuance of supervision and regulation letters, expressing fears that such actions could deter financial institutions from participating in the digital asset ecosystem. GOP Leaders Accuse Fed Of Undermining Stablecoin Regulatory Progress The House Financial Services Committee had previously advanced a comprehensive regulatory framework for stablecoins in the United States. However, the bill’s prospects of becoming law were doubted after negotiations between congressional Democrats, Republicans, and the White House broke down last week. The l...

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital. from Cointelegraph.com News https://ift.tt/s13Nr74 via IFTTT

The crypto space is abuzz with renewed interest as prominent pro-XRP lawyer and enthusiast, John E. Deaton revealed the existence of an undisclosed XRP memo from years ago.  Long-Hidden SEC Memo Unveiled To The Public On August 27 , lawyer and digital analyst, Bill Morgan replied to a comment made by a fellow X user, Sandy Seth. In this response, Seth had asked Morgan if the SEC presented a memo confirming that XRP did not fulfill the Howey Test.  The question itself triggered a ripple effect that resulted in a series of arguments and discussions on the Ripple case , pushing Deaton to reveal information about the memo’s contents.  Although a firm advocate for Ripple’s win against the SEC , Deaton first refuted claims of divulging that the memo drew inferences of XRP being security. He instead said that the memo’s information was not available to the public; however, he revealed that it was written by the United States Securities Exchange Commission’s (SEC) enforcement...

In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). The company’s financial statement for 2022, recently submitted to British authorities, reveals a purchase of Ether worth $19.889 million in 2022. The acquisition of Ether by Fenix International Limited comes at a time when the broader crypto market experienced a series of highs and lows. As of November 30, 2022, the purchased ETH had an impairment loss of $8.455 million, bringing the carrying amount to $11.434 million. This impairment reflects the volatile nature of the crypto market, with Ethereum’s price dropping from $2,797.43 to $1,298.94 during the reporting period. OnlyFans Goes Saylor Mode With Ethereum Purchase The investment in Ether is not OnlyFans’ first foray into the world of digital assets. In 2022, the platfor...

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector. from Cointelegraph.com News https://ift.tt/jSpHhXs via IFTTT

My life companion passed away nearly 2 years ago, and left me as a beneficiary to his assets along with 3 family members. The estate is still not settled. The executor of the estate refuses to admit that my companion had cryptocurrency, took all of his verified devices and has not listed cryptocurrency on his assets. When I went to send $50 from My Coinbase it gave me the option to view the transaction on Block Explorer. When I do that the amount of the transaction shows $729,000. My coinbase account does not, nor has never reflected such a large amount. It is highly possible that my partners did. After seeing this I read a data check on my coinbase account and found not only my name on my account, but my now deceased companions name on my account too. His name was never on my account prior to opening the account in 2014 until now and I did not add him. The data also revealed my addresses and payment types and says "primary source of funding- inheritance". Could this mean tha...

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death. from Cointelegraph.com News https://ift.tt/0kNDsmL via IFTTT

Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022. from Cointelegraph.com News https://ift.tt/hoHEZn9 via IFTTT

Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States. from Cointelegraph.com News https://ift.tt/kVpdm4j via IFTTT

CNBC, one of the world’s largest cable news networks providing real-time financial market coverage, has  dropped  Bitcoin Cash (BCH) and Litecoin (LTC) and replaced them with Solana (SOL). Meanwhile, they will continue to cover news related to Bitcoin and Ethereum, two of the world’s most valuable crypto platforms and pioneers in their respective fields. As of August 26, it could not be ascertained why CNBC dropped Bitcoin Cash and Litecoin. However, what’s evident is that they have been on the receiving end in recent days, and their valuation has been suffering in the past few years.  SOL In, BCH And LTC Out Despite posting impressive gains in July, BCH has recoiled as the hype around the approval of a Bitcoin spot exchange-traded fund (ETF) in the United States faded. Bitcoin and BCH rose earlier after BlackRock applied for a Bitcoin spot ETF with the Securities and Exchange Commission. Meanwhile, Litecoin is down days after halving its miner rewards in early August....

Tether’s Chief Technology Officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that. from Cointelegraph.com News https://ift.tt/GUzTjI5 via IFTTT

On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. from Cointelegraph.com News https://ift.tt/qbIfPsO via IFTTT

In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member. from Cointelegraph.com News https://ift.tt/E1AhUqf via IFTTT

The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate. from Cointelegraph.com News https://ift.tt/X2nsLhe via IFTTT

According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months.  Earlier this year, the DEA seized approximately $500,000 in Tether, a stablecoin pegged 1:1 to the US dollar, from two Binance accounts suspected of being involved in illegal narcotics transactions.  The funds were securely stored in DEA-controlled accounts, protected within a Trezor hardware-based wallet at a “highly secure” facility. However, the agency’s vigilance was soon compromised by a scammer who capitalized on a well-known crypto scam. The Airdrop Crypto Deception Monitoring the blockchain closely, the scammer identified a prime opportunity when the DEA conducted a test payment of $45.36 in Tether to the United States Marshals Service as part of the standard forfeiture process.  Seizing the moment, the scammer swiftly establ...

The DEA, the country's lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI. from Cointelegraph.com News https://ift.tt/Jk7cg3O via IFTTT

Prominent cryptocurrency exchange Binance has announced plans to halt its crypto debit card services in Latin America and the Middle East from September 21, 2023.  This development was revealed on August 24 in response to the exchange’s customer support to a client who enquired about issues regarding using the Binance card in the Republic of Colombia.  Related Reading: Binance Pay Launches In Brazil, Enabling Merchants To Accept Crypto Payments Binance’s Crypto Card Withdrawal, Another Strategic Move? Like regular debit cards, the Binance Card is designed to make daily purchases and transactions, albeit funded by cryptocurrency rather than traditional fiat currencies.  The Binance Card was first introduced in April 2020 to drive crypto adoption further on the global stage. The exchange claims its crypto card service is active in 35 countries, and over 90 million merchants accept it.  Hello there,The Binance Card will no longer be available to users in Latin...

Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter. from Cointelegraph.com News https://ift.tt/T1Eau4o via IFTTT

NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea. from Cointelegraph.com News https://ift.tt/BeVq7tX via IFTTT

In a recent letter addressed to Judge Lewis Kaplan, lawyers representing FTX founder Sam Bankman-Fried outlined their defense strategy, emphasizing the importance of the “counsel advice” approach.  The letter, dated August 23, 2023, responded to the court’s order directing the defense to address the government’s request for additional disclosures related to the proposed advice-of-counsel defense. FTX Founder’s Legal Team Obstructed In Obtaining Key Records? Bankman-Fried’s legal team firmly stated that the government is not “entitled” to further information regarding the specific details and scope of the proposed defense, nor the evidence concerning Bankman-Fried’s reliance on counsel.  Citing legal precedent, the defense argued that the government’s request for such information exceeded its authority under well-known rules and established case law. Furthermore, the defense highlighted their previous attempt to obtain records from Fenwick & West LLP, external counsel...

Crypto exchange Binance.US has recently encountered many legal and financial obstacles amid heightened regulatory scrutiny. However, to restore a reliable influx of dollars, the exchange has allied with MoonPay, a payment startup renowned for its partnerships in the non-fungible token (NFT) sector, as reported by Bloomberg.  This strategic collaboration addresses Binance.US’s challenges while injecting a renewed sense of vitality into its operations. Binance.US Banking Challenges And MoonPay Partnership Multiple banking partners cutting ties with Binance.US have prevented customers from depositing or withdrawing dollars for over a month. MoonPay will now be an alternative means for Binance.US users to convert dollars to cryptocurrencies.  Per the report, Customers can utilize their debit or credit cards, Apple Pay, or Google Pay to purchase Tethers, which can then be used to acquire other available crypto tokens on the Binance.US platform.  According to Bloomberg, i...

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay. from Cointelegraph.com News https://ift.tt/4JQjP0A via IFTTT

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. from Cointelegraph.com News https://ift.tt/EnKS4ks via IFTTT

After weeks of sideways consolidation, Bitcoin suffered a nasty breakdown from its range and a 10% intraday plunge. The scenario, however, could potentially be a whats referred to as a “head fake” — that in the coming weeks reverses back to above $31,000. If not, a more sustained downtrend is also possible. Historic Bollinger Band Tightness Triggers 10% Crypto Crash Bitcoin price has spent the last several months trading around $29,000, after starting the year off with a strong recovery from lows in January. The record low volatility caused the BTCUSD 1W Bollinger Bands to reach the tightest in the cryptocurrency’s history . Low volatility phases always bring high volatility phases when they end, so Bitcoin has been like a ticking time bomb ready to explode in one direction or another. This setup in the Bollinger Bands is called a Squeeze, which is valid after a related tool — Bollinger Band Width — reaches the lowest reading in the last six months. Remember, BTCUSD 1W hit the low...

The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency. from Cointelegraph.com News https://ift.tt/dMbFVqo via IFTTT

An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner. from Cointelegraph.com News https://ift.tt/DSWh9Xf via IFTTT

A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar could have an impact on Bitcoin, says investment strategist Lyn Alden. from Cointelegraph.com News https://ift.tt/cTjDFzW via IFTTT

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at around $26,000, down 18% from July 2023 peak. The situation remains tense for coin holders as the price pressures continue to mount. Bitcoin Breaks Below Critical Support Levels Looking at price action in the weekly chart, sellers are in control and actively aiming to erase gains posted between June and July 2023. At this pace, it won’t not only mean more pressure on holders but more liquidations for long positions in derivatives exchanges, impacting sentiment and thus lowering overall liquidity across the crypto scene. A deeper analysis of the weekly chart also reveals a noteworthy decrease in trading volumes as last year’s dominant bear price formation ca...

Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams. from Cointelegraph.com News https://ift.tt/Szk9Aju via IFTTT

The total value locked (TVL) in Starknet, a layer-2 scaling solution for Ethereum using ZK-Rollup, is down nearly 50%, L2Beat data on August 21 shows. At this pace, the contraction in Starknet’s TVL is among the fastest in the layer-2 scene and stands at around $98 million. As of August 16, Starknet had a TVL of over $203 million and remained in the top 10 of the most popular layer-2 scaling options in Ethereum. StarkNet’s TVL Dropping Starknet uses zero-knowledge (ZK) in its rollups, meaning while the platform bundles transactions before confirming them on-chain, using zero-knowledge translates to better privacy. StarkWare, the team behind Starknet, also notes that the layer-2 solution is not ZK-EVM, meaning users must deploy all general-purpose smart contracts built using Cairo, a language designed specifically for ZK-Rollups solutions. StarkNet’s activity has been rising steadily over the past year. However, general transaction processing speed (TPS) has been relatively lower ...