Crypto Aid Israel, a collective of influential figures in the crypto industry, on Thursday, announced raising over $185,000 to aid Israelis affected in the region’s conflict with Hamas. The funds were distributed to various NGOs, aiming to provide immediate relief to those most in need.

More than 30 companies have extended their support to this cause.

Among them, accounting conglomerate KPMG has played a significant role, not just in fundraising, but also in overseeing the distribution of the collected funds.

Other noteworthy contributors also include Zengo, Fuse, Wonderland and Psagot Equity.

Speaking with Benzinga, Noam Kaplan, director at KPMG Israel, elaborated on KPMG’s pivotal…

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The Open Network Foundation (TON Foundation) and Blockchain.com have come together to enable crypto accessibility seamlessly within the Telegram ecosystem and its more than 800 million monthly active users.

The partnership also included an attractive incentive program for Blockchain.com users wherein they would receive an additional $5 worth of Toncoin TON/USD on a purchase of $20 worth of Toncoin on the platform.

Find out more about the TON Foundation and Blockchain.com. Meet and engage with other transformative Digital Asset and Crypto business leaders and investors at Benzinga’s exclusive event: Future of Digital Assets. Tickets are flying: Get yours!  

TON Foundation is a Swiss…

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In a significant turn of events, the U.S. Securities and Exchange Commission (SEC) asked the judge presiding over the case to dismiss its lawsuit against Ripple’s XRP/USD key executives Christian Larsen and Bradley Garlinghouse.

The decision was conveyed via an official letter to Analisa Torres, a U.S. District Judge for the Southern District of New York, on Thursday.

The lawsuit, which had been looming over Ripple for some time, centered around allegations that Larsen and Garlinghouse aided and abetted Ripple’s violations of Section 5 of the Securities Act of 1933 with Ripple’s “Institutional Sales” of XRP.

Following a stipulation between the involved parties, the claim is dismissed…

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As tokenization gains popularity in the crypto industry, clearing house DTCC marked its presence in the acquisition space with the purchase of Securrency to gain a strong foothold for providing enhanced services to investors.

What Happened: The premier market infrastructure for the global financial services industry, Depository Trust & Clearing Corporation (DTCC) announced its definitive agreement to acquire startup company Securrency to position the former to encourage the adoption of digital assets. It marks the company’s first acquisition after 10 years.

The deal is expected to close in the upcoming weeks. DTCC paid around $50 million for the company, Bloomberg reports, citing…

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A new analysis points to a possibility that Bitcoin’s BTC/USD price might see a jump to $56,000, provided the BlackRock Inc BLK ETF receives approval.

The forecast by digital assets financial services platform Matrixport comes in the wake of BlackRock’s announcement of its ETF application, which has generated considerable excitement in the cryptocurrency community.

Benzinga is set to further discuss the future of digital assets and the implications of such ETF approvals in the upcoming Future of Digital Assets conference on Nov. 14. This event is anticipated to gather experts from across the globe to share insights and predictions on the rapidly evolving digital currency landscape.

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Numerous sports leagues and companies leveraging sports have turned to the blockchain and launched non-fungible tokens.

Among the companies is Third Time Entertainment, which launched Photo Finish LIVE, a virtual horse racing game, earlier this year.

New Funding Round: Third Time Entertainment announced it has closed a new $2 million seed+ round. The latest round was led by investment firm Sfermion and also saw investments by Reciprocal Ventures, Big Brain Holdings, 32-Bit Ventures, and 6th Man Ventures.

This marks the second round of seed funding for Third Time Entertainment following a raise of $3.5 million in March 2022 which included investments by London Venture Partners and Coinbase…

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Over the past 24 hours, Internet Computer’s ICP/USD price has fallen 3.93% to $2.98. This is opposite to its positive trend over the past week where it has experienced a 2.0% gain, moving from $2.92 to its current price.

The chart below compares the price movement and volatility for Internet Computer over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Internet Computer’s trading volume has climbed 14.0% over the past week along with the circulating…

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New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital and Digital Currency Group, Inc. (DCG) for defrauding 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion.

According to the press release from James’s office, the lawsuit “seeks to ban Gemini, Genesis and DCG from the financial investment industry in New York, and seeks restitution for investors and disgorgement of ill-gotten gains.”

Read Next: New York Financial Regulator Raises Transparency Bar For Crypto Listings, Delistings

“This fraud is yet another example of bad actors causing harm throughout the under-regulated…

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Morgan Stanley MS has detailed that signs investors should look for that may indicate “crypto winter” is coming to an end, potentially signaling brighter days ahead for cryptocurrency enthusiasts.

The term “crypto winter” refers to a period of severe market downturns in the cryptocurrency space, which has historically happened in a cyclical manner.

Denny Galindo, an executive director within Morgan Stanley’s Equity Model Portfolio team, discussed the pivotal role of Bitcoin’s BTC/USD halving event in dictating these market cycles, with the next halving estimated to occur around April 2024.

This insight comes at a time when the crypto discourse is gaining momentum, especially with events…

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Germany’s financial regulator, BaFin, has issued a warning against cryptocurrency exchange MEXC for offering crypto custody services without the requisite approval.

The warning accentuates the mandatory regulatory permission needed by entities to offer financial services within Germany.

The regulator, alongside the Federal Criminal Police Office and state criminal investigation offices, advised consumers to exercise caution while venturing into online investments and to conduct extensive research to avoid potential fraud.

MEXC’s crypto custody offering comes under the spotlight at a time when regulatory frameworks surrounding digital assets are being stringently examined.

Also Read: Biden…

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