Sam Bankman-Fried’s Testimony to Dispute Government Claims in Court | Curated CoinCodeCap #26 October 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Sam Bankman-Fried’s Testimony to Dispute Government Claims in Court
SBF’s attorney, Mark Cohen, sent a letter to Judge Lewis Kaplan outlining the details of the former CEO of FTX’s planned appearance.
The defense contends that SBF’s mental condition and good faith are pertinent to his comprehension of the role played by legal advice. Keep Reading »
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UK’s Financial Watchdog Issues 221 Warnings on Crypto Marketing Violations
The FCA emphasized the need for risk warnings to be clear, prominent, and easily readable
The FCA’s alert list for non-compliant firms has seen a significant expansion, with 221 companies added to the list Keep Reading »
FTX looks to recoup $6.5 Million paid to AI firm
The exchange is now seeking approval from a Delaware Bankruptcy Court judge to issue subpoenas to CAIS.
FTX claims to have provided $6.5 million in financial aid to CAIS between May and September 2022.
FTX has alleged that CAIS has thus far rejected requests to voluntarily provide an accounting related to these substantial transfers. Keep Reading »
California Introduces Stricter Regulations for Crypto ATMs to Combat Scams
The legislation introduces several key measures, including a daily withdrawal limit of $1,000 from cryptocurrency ATMs.
The bill also proposes a cap on operator fees, which will be set at either $5 or 15% of the transaction amount Keep Reading »
EX-FTX CEO SBF’s defense team calls in an expert witness to refute DOJ testimonies
Pimbley to present evidence that the majority of balances for accounts not tied with FTX and Alameda users are concentrated in USD, BTC, ETH, and USDT
Pimbley’s testimony is expected to challenge witness claim that Alameda had an “essentially unlimited line of credit on FTX”. Keep Reading »
South Korean Regulator Maps Out Strategy for Strengthening Digital Asset Regulations
Reports from the local community state that the FSS of South Korea is working on laws to add to the Virtual Asset Users Protection Act completed earlier this year.
Before the law’s enactment, the FSS head stated that new regulations must be available by January. Keep Reading »
FCA Calls for Limitations on Binance UK Advertising Approvals
FCA Places Restrictions on Rebuilding Society’s Crypto Promotion Approvals in Partnership with Binance
Rebuilding Society must withdraw prior approvals for financial promotions to unauthorized entities by Wednesday. Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
Powerledger (POWR Crypto) Current Price Analysis
Powerledger (POWR) is a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. It aims to provide a market-driven solution for a sustainable and decentralized energy system. Keep Reading »
Bitcoin On A Roll! BTC Next target $50,000!
Bitcoin, the OG Crypto, has been on a bullish run in the past few days, breaking above the $30,000 level for the first time since May 2022. The price of bitcoin reached a high of $35,283 on 24 Oct 2023, before retracing slightly to trade around $33,800 at the time of writing. Keep Reading »
SAND Crypto Price Analysis
The Sandbox (SAND) is a blockchain-based gaming platform that allows users to create, own, and monetize their own virtual worlds and experiences. SAND is the native utility token of the platform, which is used for buying land, assets, and other resources, as well as for rewarding players, developers, and content creators. Keep Reading »
Axie Infinity Price Analysis
Axie Infinity (AXS) is a blockchain-based gaming platform that allows players to collect, breed, battle and trade digital creatures called Axies. AXS is the native token of the platform, which is used for governance, staking and playing the game. Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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