Judges deny Sam Bankman-Fried's appeal for early release
The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion for release "unpersuasive".
Posts published on September 21, 2023 go to media archive 2/4
Ex-Alameda Employee Claims Firm Triggered 87% Bitcoin Price Plummet In 2021
In a recent disclosure, a former employee of Alameda Research, a trading firm led by Sam Bankman-Fried, has unveiled crucial information regarding the dramatic 87% plummet in Bitcoin (BTC) value during 2021. The incident, which occurred on October…
Microsoft unveils AI-powered Copilot for Windows 11
Microsoft has revealed a new set of artificial intelligence-powered solutions across its products, kicking off with Windows 11 on Sept. 26.
Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next month.
Sky-high interest rates are exactly what the crypto market needs
We can no longer rely on central banks to prop up our investments, which means learning to look at the health of the companies and products in which we invest.
NFTs Aren’t Dead Just Yet (But the MSM Might Be)
The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful.
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence…
Bloomberg Analyst Lauds Bitcoin Energy Shift Amid Rising Hashrate
The Bitcoin mining industry has risen steadily in the past few years thanks to the widespread adoption and increasing interest in the Bitcoin blockchain. This growth has led to a vast increase in Bitcoin’s hash rate, causing concerns…
Uniswap launches educational platform with DoDAO
The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit.
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of…
Pancakeswap integrates Transak for fiat onboarding on multiple chains
Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak.
A New Trustless Way to Calculate the Bitcoin Price
UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO…
Why Touching This Bitcoin Level Could Hold The Key For A Rally
The price of Bitcoin was rejected as it approached critical resistance north of $27,000, and selling pressure continues over today’s trading session. If buyers can’t defend current levels, BTC’s price will likely re-test critical support, but this
Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration
The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications, and data storage solutions.
Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL
a16z suggests Machiavelli to fix decentralized governance
In a blog post on Sept 21, a16z's Miles Jennings discusses how decentralized autonomous organizations (DAOs) can avoid power centralization by applying Machiavelli's principles.
Spot Bitcoin ETF Would Attract $300 Billion: Hedge Fund Director
In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin's future. Yusko, with decades of experience in the…
Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack
Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic”…
Nostr.com: Not Selling It To Shitcoiners
Shitcoiners have fat bags, really fat bags, really, really fat bags. Two weeks ago I put nostr.com up for sale to see what responses I would get back. I imagined Roger Ver offering to sell bitcoin dot com in 2013, and what would have happened if…
LBank Launchpad’s Next Big Thing: Is $UMM Your Second Chance after $PINS?
PRESS RELEASE. LBank is back in the spotlight with its second Launchpad project, MetaExpand, represented by its token, $UMM. The token $UMM will be distributed after the Launchpad ends on the 28th of this month and will be listed on LBank on the…
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
Is Crypto-AI Really a Match Made in Heaven?
There’s lots of talk these days about how blockchains can make AI safe for human consumption. But is the idea, widely touted in the crypto community, workable in practice? Jeff Wilser takes a critical look.
Binance & Deribit Traders Aggressively Short Bitcoin, Squeeze Incoming?
Data shows Bitcoin shorts have been piling up on cryptocurrency exchanges Binance and Deribit during the past few days. Bitcoin Funding Rates On Binance & Deribit Are Deep Red Right Now According to data from the analytics firm Santiment…
Prince Philip of Serbia Leads the Way for Bitcoin Nation State Adoption with Jan3 and Aqua Wallet in El Salvador
In recent years, the world has witnessed a remarkable shift towards digital currencies, with Bitcoin taking the lead. Now, a powerful advocate for this decentralized form of money has emerged in the form of Prince Philip of Serbia. With visionary…
Top 3 Crypto Myths Tackled for Advisors
Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter.
Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In
Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent…
How to buy Bitcoin with Venmo
Demystify the world of digital currencies with a detailed guide to purchasing Bitcoin with Venmo and reviewing transaction fees, limits and security precautions.
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
What The SEC’s Latest Announcement Means For The Crypto Industry
A recent announcement by the US Securities and Exchange Commission (SEC) suggests that the crypto industry may be in for more pain as it continues to endure the far-reaching consequences that the Commission’s enforcement actions have had on it. …