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Fed rate cut may be politically motivated, will increase inflation: Arthur Hayes
The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris. BitMEX co-founder Arthur Hayes believes the Federal Reserve’s recent rate cut was likely politically motivated and could impact markets and inflation. Speaking to Cointelegraph at Token2049 in Singapore on Sept. 18, Hayes shared his thoughts on the Fed’s recent…
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OKX Singapore’s New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
Crypto custodianship has been in the spotlight since the collapse of FTX.
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SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud. The United States Securities and Exchange Commission says it has taken its first-ever action against crypto “pig butchering” scammers, charging two allegedly “fake crypto asset trading platforms.”The SEC sued five entities and three…
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Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
Polymarket traders have their money on four to five more rate cuts this year.
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Binance CEO says task force is working ‘across the clock’ to free exec in Nigeria
Binance CEO Richard Teng said the company has continued to explore every legal and political avenue to bring Gambaryan home as his health deteriorates by the day. Binance CEO Richard Teng says his team has been working “across the clock” to bring Tigran Gambaryan home to the United States as the exec’s health declines by…
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SUI could soon be Solana’s fiercest competitor, says K33 Research
Sui’s technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat. Solana may be the top alternative layer-1 network next to Ethereum right now, but the Sui Network could eventually rival that position, speculates analysts from K33 Research. In a Sept. 18…
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Crypto Exchange Bitget Seals ‘Multi-Million Dollar’ Deal with La Liga
Crypto exchange Bitget has sealed a partnership with La Liga, Spanish football’s premier football league, as its official crypto crypto partner, Gracy Chen, CEO at Bitget told CoinDesk in an interview on the sidelines of the Token2049 conference.
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Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer. Solana has just revealed its newest, shiniest smartphone, “Seeker” — it’s half the cost of its predecessor, and, according to the team, won’t just lean on free memecoins.Saga was…
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Solana Unveils Details of Second Crypto Phone ‘Seeker’
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Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla. An unknown group of crypto scammers has seemingly missed their payday after hacking their way into several high-profile social media accounts on Sept. 18 — only to end up with a few thousand bucks.On…
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