Bitcoin’s price movement ‘looks very manufactured’ — Samson Mow

Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar.

Homero Joshua Garza, the CEO of the now-defunct U.S. crypto firm GAW Miners, has been sentenced to 21 months in prison for defrauding investors, local news agency Hartford Business reports Thursday, September 13.Garza received the verdict in the Hartford federal court, following his guilty plea to a wire fraud charge related to creating and selling…

The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.

A former PBoC official says that his country has taken a cautious approach with the digital yuan. 1292 Total views 14 Total shares The Chinese government is not seeking to replace existing fiat currencies with its own digital currency, according to a former governor of the People’s Bank of China, or PBoC.Zhou Xiaochuan, the president…

Taking the stage at the MENA Climate Week, Kristina Cornèr, the editor-in-chief of Cointelegraph, shared insights into how the crypto community could contribute to positive climate impact. 181 Total views 28 Total shares MENA Climate Week kicked off on Tuesday with a focus on discussing the use of blockchain technology for bringing transformative climate action…

Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify. 657 Total views 6 Total shares As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong…

U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive. U.S. Bank, the fifth-largest retail bank in the United States, announced Tuesday that it is launching a cryptocurrency custody service for institutional investors, potentially setting the stage for wider mainstream acceptance of digital assets.As CNBC reported, U.S.…

The total amount of value extracted through ransomware payments in 2021 is expected to rise above 2020 levels once all the data is sorted through. 57 Total views 1 Total shares A new report estimates that ransomware payments tallied at least $602 million in 2021 — but the actual total could be much higher.Blockchain analysis…

The Brazilian non-profit Alinha Institute has launched their Alinha Tag, aiming to inform customers of the labor conditions of the workshops that produced their clothes.As per a Cointelegraph Brasil report from July 3, the new Alinha Tag is especially concerned with forced labor in Brazil’s fashion industry. According to Brazilian business newspaper Valor Económico, over…