Sam Bankman-Fried's lawyer challenges US gov't proposed jury questions
Sam Bankman-Fried's lawyer asserts that the proposed questions already insinuate his guilt in fraud and money laundering.
Posts published on September 29, 2023 go to media archive 1/3
Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week
A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an…
Do Kwon dismisses Slack chat records as irrelevant evidence
Leaked Slack conversations between Terraform Labs co-founders, Do Kwon and Daniel Shin, have exposed their contemplation of orchestrating fraudulent transactions.
SEC Delays Decisions on More Bitcoin ETFs Including That of Blackrock
U.S. Securities and Exchange Commission (SEC) has postponed its decisions on the spot bitcoin exchange-traded funds (ETFs) proposed by several companies. The delays of the applications of financial powerhouse Blackrock, asset manager Valkyrie and…
DOJ's Proposed Jury Questions 'Risks Tainting' Bankman-Fried's Panel, Defense Says
Sam Bankman-Fried's attorneys objected to some of the U.S. Department of Justice's proposed voir dire questions in a late Friday filing, saying they may miss potential juror bias or otherwise lead to jurors making assumptions about the case.
Bitcoin Price To Reach $170,000 in 2025 – Mathematical Model Predicts
The Bitcoin price is trading at $27,100 at the time of writing, marking a 60% decline from its all-time high of $69,000 in 2021. As the anticipation for the next bull market builds, questions arise regarding Bitcoin’s potential future prices…
US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC
Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under…
LINK Price Primed For Meteoric Rise: Analyst Predicts 130% Rally To $18
The LINK price is no stranger to bullish rallies, and in September alone, the token has gone from a low of $5.8 to a peak of $7.9. Even now, bullish momentum among enthusiasts has not waned, especially with a 130% price increase prediction from a…
Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Says Analyst
Numerous reports foretell an imminent U.S. government shutdown, given the anticipated failure of a spending bill to secure passage by Saturday evening — a measure meant to sustain operations till mid-November. On the cusp of this shutdown…
Cosmos Has A Grand Plan For 2024: Will It Crush Ethereum?
Cosmos, a blockchain where developers can create custom chains that interconnect and communicate, has revealed its roadmap for 2024. According to an X post on September 25, the roadmap centers on increasing modularity, improving the developer…
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.
The Most Pressing Issue on Ethereum is Validator Size Growth
If appetite for staking on Ethereum does not slow meaningfully over the next several months, the size of Ethereum’s validator set could become problematic for the blockchain, says Christine Kim, Vice President of Research at Galaxy Digital.
Court Rules Sam Bankman-Fried Will Remain In Jail Through Trial, Here’s Why
During a court hearing held on Thursday, September 28, 2023, the Court ruled that the former CEO of now-bankrupt crypto exchange FTX Sam Bankman-Fried aka SBF will remain in jail throughout his trial. Sam Bankman-Fried To Remain In Jail Throughout…
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
A U.S. government shutdown is not inevitable, but even if one lasts for just hours or days, lawmakers’ priorities on their return may not be digital assets.
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
Former Three Arrows Capital Executive Su Zhu Arrested in Singapore
Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the…
Pond0x DEX claims $100M in trading volume as critics allege it’s a scam
Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence.
MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network
Google Cloud, the renowned cloud computing service provided by Google, has made a significant move by becoming a validator on the Polygon (MATIC) network. This collaboration aims to bolster the security of the Polygon Proof-of-Stake (PoS) network…
Chainlink quietly changes multisig rules, Mixin offers $20M bounty: Finance Redefined
Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds.
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
Cynthia Lummis: Bitcoin Is the Anti-CBDC
Do We Need CBDCs? Bitcoin Backstage with Cynthia LummisIn the world of digital currencies, two terms frequently come up for discussion - Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years…
Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty
Bitcoin Eyes Turnaround: Could A New All-Time High Be On The Horizon? Analyst Predicts
Crypto Rover, a seasoned cryptocurrency trader and analyst, has recently shared insights suggesting that Bitcoin’s current trajectory may change. Based on the latest technical analysis, Bitcoin might soon paint a brighter, bullish picture…
Invesco Galaxy applies for spot Ether ETF
Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29.
Costo sells out of gold bars, but is it a better investment than Bitcoin?
Gold bars recently sold out at Costco, reflecting investors’ souring mood about the economy. Is there a silver lining for Bitcoin?
Bitcoin ETFs: A $600 billion tipping point for crypto
A new report indicated Bitcoin ETFs could release $600 billion in new demand — double Bitcoin's current market cap. Here's some math behind the estimates.
Google Cloud is now a validator on the Polygon network
According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network.
This Bullish Combination Has Finally Formed For Bitcoin, Rally Ahead?
On-chain data shows that a bullish combination has just formed for Bitcoin, which may signal that a rally could be ahead for the asset. Sharks & Whales Are Accumulating Both Bitcoin, Tether Right Now According to data from the on-chain…