Block's Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.
"Sam Bankman-Fried thought that he was above the law. Today's verdict proves he was wrong," U.S. Attorney General Merrick B Garland said in a statement.
The blockchain firm announced that its native cryptocurrency XRP has been approved under the Dubai Financial Services Authority's virtual assets regime.
The SEC's enforcement action came a few months after PayPal officially launched its stablecoin dubbed PayPal USD (PYUSD).
The SEC's latest move came after Kwon and TFL's lawyers filed a motion for summary judgment with the U.S. District Court for the Southern District Of New York last week.
U.S. Assistant Attorney said SBF's ''Good Morning America'' interview was merely part of a media blitz following the collapse of his crypto empire.
The Shiba Ecosystem marketing specialist teased about another initiative dropping next week, which she described as another pioneering feature of ShibaSwap 2.0 aside from the Shiba Name Service.
MicroStrategy is seemingly maintaining its bullish accumulation of Bitcoin showing no sign of slowing down as the fourth Bitcoin halving approaches and spot Bitcoin exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) appears imminent.
Kusama disclosed that they could have owned a French luxury sports car Bugatti instead, they decided to invest the money in the development of "Shiba Eternity."
The value of XRP started to surge 10% over the weekend leading to its price reaching the $0.60 price level for the first time since Aug. 16.
USDC is the second-largest stablecoin in the market, with a supply of $25 billion.
Shin, whose assets in South Korea were frozen by authorities, distanced himself from Kwon. He is facing trial for fraud, illegal fundraising and capital market law violation.
The appearance of the ticker on DTCC's official site is considered a significant development in the progress of the Bitcoin ETF applications of several Wall Street giants.
The agenda of an upcoming closed-door meeting of the SEC was published online and suggested that the regulator may include in its Thursday meeting a review of settlement and resolution claims.
The number of wallets in profit as of Monday was 39.1 million, which is by far the highest number ever recorded for the crypto asset, surpassing the 38.1 million peak seen in November 2021.
Lawyers of Kwon and Terraform Labs said the financial regulator has failed to provide evidence to support the claims made in the lawsuit.
The HUB, announced during the Blockchain Futurist Conference 2023 in Canada in August, is a super app founded on the framework of Shibdentity.
After hours of testimony during his criminal fraud trial, Bankman-Fried stepped down from the stand, marking the conclusion of his four-day testimony.
Analysts project there is a "60% likelihood that November will be a green month for BTC."
There were also interesting revelations during the cross-examination, with Bankman-Fried admitting that he did not know Caroline Ellison would be cooperating with the government but suspected the government had a search warrant for his Google account.
Budorin, who is a cybersecurity expert and currently leads a team of over 120Hacken talents, said that even though Shiba Inu and Pepe have proven it was possible to earn big money in crypto, the get-rich-quick mindset of some investors as well as their fear of missing out often allowed them to overlook the red flags in a crypto project.
The island country shared details about Project Guardian, which saw the MAS partner with numerous financial institutions to launch pilots on "asset tokenization in fixed income, foreign exchange, and asset management products."
While whales moving their Bitcoin stash is not unusual in the crypto world, Binance moving a huge amount of crypto assets does not happen every day, which is why it created a big fuzz within the community.
Aside from its price, SOL's volume has also dropped marginally since last week, which indicates investors are reluctant to sell their Solana stash.
Ripple Swell is the flagship two-day event of the blockchain firm that centers on "discussions on topics that are most important to the finance industry today."
Over the weekend, Kusama penned a lengthy cryptic post on the Shibarium Tech Telegram channel, highlighting the intent to show to the world who the Shib Army is and what the community is capable of.
The announcement came just days after Kraken informed its clients that it is sending sensitive customer data to the IRS in November.
There is still excitement surrounding spot Bitcoin exchange-traded fund, with the world's largest crypto asset by market capitalization trading in the green zone.
While Bankman-Fried described Ellison and Trabuco as "good people," he criticized his ex-girlfriend, stating that she was "proficient in research" but lacked focus on risk management.
If Dogecoin were to be integrated into the financial system of X, it would strengthen its position as a legitimate cryptocurrency and foster mainstream adoption.