In the ongoing criminal trial of Sam Bankman-Fried, the former wunderkind behind FTX, evidence has emerged regarding the engagement of prominent investors like BlackRock and Google. The trial sheds light on FTX’s fundraising attempts and the involvement of major players…
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Finland Endeavors in Developing an Instant Payments System using Digital Euro
In a groundbreaking move towards the future of digital finance, Finland is actively working on the development of an instant payments system while embracing the concept of a digital euro. This strategic initiative, led by the Bank of Finland, aims…
Australian Crypto Exchanges Embrace New Licensing Regime
The Australian Treasury’s recent announcement regarding the regulation of cryptocurrency exchanges has garnered significant praise from local crypto exchanges. With plans to integrate cryptocurrency exchanges within existing financial services licensing measures, the Treasury aims to provide regulatory clarity and introduce…
New York Attorney General Files Lawsuit Against Crypto Firms, Alleging $1 Billion Fraud Linked to SBF Hedge Fund Investment
In recent news, the New York Attorney General has filed a lawsuit against crypto firms, Digital Currency Group (DCG) and Gemini, alleging a massive fraud amounting to $1.1 billion. This lawsuit has sent shockwaves through the cryptocurrency industry and has…
Inside the FTX Alleged $1.3 Billion Celebrity Spending Spree with Steph Curry, Kevin O’Leary, Tom Brady, and More
Nishad Singh, the former chief developer at Alameda and FTX, disclosed in court that approximately $1.3 billion of customer funds were directed toward bolstering Sam Bankman-Fried’s social standing and public image. Insights from United States v Sam Bankman-Fried Trial As…
Bitcoin’s Decline Continues: Touches $26.6K, Extending for the Fifth Consecutive Day
In the ever-evolving world of cryptocurrency, Bitcoin’s recent performance has garnered significant attention. The leading digital asset has experienced a notable decline, extending its losing streak for the fifth consecutive day. With its value dropping below $27,000, Bitcoin now hovers…
Caroline Ellison’s Testimony: Utilitarianism, Saudi Money, Thai Prostitutes, Tears
In a shocking turn of events, Caroline Ellison, former CEO of the renowned crypto hedge fund Alameda Research, recently delivered a captivating testimony that has sent shockwaves through the financial industry. Her testimony revealed a web of intricate details involving…
Ethereum Futures ETFs Debut Amidst Quieter Reception While Institutional Tokenization Initiatives Gain Momentum(UBS, Ripple & Grayscale)
The cryptocurrency market has witnessed notable price movements in recent weeks, particularly in the flagship cryptocurrency Bitcoin (BTC) and the second-largest digital asset Ethereum (ETH). In this analysis, we delve into the price fluctuations of Bitcoin and Ethereum, the launch…
FTX Safeguards $500 Million Worth of Crypto: Innovative USB Stick Security Measure Thwarts Hackers
In the ever-evolving landscape of cryptocurrency, security remains a top concern for investors and exchanges alike. Today, we delve into an extraordinary story that showcases the exceptional measures taken by FTX, a leading cryptocurrency exchange, to safeguard its digital assets.…
Sam Bankman-Fried Trial: Major Takeaways and Highlights of the Day 3
Many things happened during day 3 of the Sam Bankman-Fried trial, but one of them was the major highlight of the day. So, it was Adam Yedidia, Sam Bankman-Fried’s MIT buddy and former FTX developer, testifying about his days working…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
