SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.
Posts published on August 14, 2023 go to media archive 2/3
Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers
According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
Michael Burry’s Massive $1.6 Billion Short: Is A $DXY Collapse The Catalyst For A Crypto Bloodbath?
Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market, which could impact the nascent crypto industry if his bet is to materialize. Burry, known for…
Zimbabwe central bank close to introducing gold-backed digital tokens into retail
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?
Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency.
HBAR Token Spikes 16% In One Day, Can Bulls Sustain the Momentum?
HBAR has soared with momentum after the US Federal Reserve adopted the Hedera Hashgraph-based Dropp micropayments platform. According to the announcement, Dropp is now on the list of service providers on Fed’s FedNow instant payment system. …
Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery.
Here’s Why This Former SEC Lawyer Thinks A Spot Bitcoin ETF Isn’t Coming
Recent comments from former SEC Attorney John Reed Stark have further dampened optimism about the regulator approving any of the pending Spot Bitcoin ETF applications. Spot Bitcoin ETF Approval Looking More Unlikely The United States Securities and…
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
HBAR Rallies on FedNow Addition of Hedera-Based Dropp
The token has now rallied nearly 50% over the past two months.
Neal Stephenson's Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet
The metaverse-focused layer 1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.
Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps
In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent…
Machi Big Brother withdraws defamation lawsuit against ZachXBT
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
Base TVL Surges 900% In 2 Weeks, What’s Driving The Growth?
Base, the Ethereum Layer 2 rollup developed by crypto exchange Coinbase, is already making a name for itself in the market. The blockchain’s Total Value Locked (TVL) has been on a rapid rise over the last few weeks, rising triple-digits in just the…
CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report
Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14.
Crypto’s Theater Is Becoming More Surreal
Decentralization theater, governance theater, community theater. Web3 promised a revolution, but, mostly, the innovation is all for show, says Cami Russo, the founder of The Defiant.
Winds Of Change: Bitcoin Miner Riot Sees Substantial Increase In BTC Holdings
Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in…
What is PayPal USD, and how does it work?
PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
Biggest Movers: LINK Ends 4-Day Losing Streak, as DOGE Extends Declines
Chainlink was one of the notable movers on Monday, as the token ended a streak of four consecutive days of declines. The move comes despite the global market cap mostly trading lower to start the week, falling 0.23% as of writing. Dogecoin fell for…
Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K
BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism.
How to identity fake cryptocurrency
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
Chinese man sentenced to 9 months in prison for buying 13K in USDT
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
Silent Bitcoin Storm: Glassnode Uncovers What Lies Beneath The Surface
A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga
Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These…
Bitcoin Frontier Fund Debuts Revolutionary Ordinals Accelerator
The Bitcoin Frontier Fund is introducing a groundbreaking accelerator program dedicated to companies in the Ordinals ecosystem, per a press release sent to Bitcoin Magazine.Each selected Ordinals venture will receive a $100,000 seed investment…
XRP Volume Jolt: How Did The $3 Billion Surge Impact Price Action?
XRP has recently witnessed a remarkable surge in trading volume, with an impressive increase of $3 billion reported by Messari. This surge reflects the cryptocurrency’s enduring appeal, adaptability to market trends, and potential to disrupt…
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2.
Coinbase VP says Canada can be a ‘global leader’ in crypto
The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate.
Metaverse project The Sandbox unlocks $133M worth of tokens
The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors.