[Dec 13, 2022 11:22 AM] U.S. courts have filed eight separate charges against SBF according to an unsealed indictment.Sam Bankman-Fried, the disgraced former CEO of collapsed cryptocurrency exchange FTX, has been formally indicted on charges of fraud, money laundering and…
[Dec 13, 2022 9:00 AM] According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S…
[Dec 13, 2022 8:47 AM] Bitcoin has experienced a mini-rally after a low CPI read suggests rate hike slowing will happen soon.The price of bitcoin ($BTC) has jumped ~5% to nearly $18,000 after the most recent Consumer Price Index reading from the U.S. Bureau of Labor…
[Dec 13, 2022 7:00 AM] The funding will help accelerate Breez’s mission of using Lightning to empower developers and users to realize new use cases for Bitcoin.Breez, a Lightning solution service provider, has raised $4.5 million in an oversubscribed funding round led by…
[Dec 12, 2022 7:40 PM] Bahamian authorities have arrested Sam Bankman-Fried, the founder and ex-CEO of cryptocurrency exchange FTX, after the U.S. filed criminal charges.Sam Bankman-Fried, the founder and former CEO of Bitcoin and cryptocurrency exchange FTX, has been…
[Dec 12, 2022 6:50 PM] Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the…
[Dec 12, 2022 6:30 PM] On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged…
[Dec 12, 2022 2:30 PM] After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The…
[Dec 12, 2022 8:31 AM] Justice officials are reportedly deciding whether they have sufficient evidence to bring charges against the world’s largest cryptocurrency exchange.A Reuters report stated that several sources close to the investigation claim there is deliberation…
[Dec 12, 2022 6:06 AM] People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittances in local currency from the EU and the UK through Bitcoin’s Lightning.Bitcoin app CoinCorner said in a statement Monday that it had enabled Send Globally, a feature…
[Dec 12, 2022 3:30 AM] Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of cryptocurrencies. In an interview with Dagens Nyheter, one of the biggest Swedish journals, Bernanke…
[Dec 11, 2022 12:30 PM] According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up…
[Dec 11, 2022 9:30 AM] Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed…
[Dec 11, 2022 4:30 AM] Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state…
[Dec 10, 2022 10:30 AM] Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is…
[Dec 9, 2022 8:30 PM] The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told…
[Dec 9, 2022 6:30 PM] This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted…
[Dec 9, 2022 4:30 PM] On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried…
[Dec 9, 2022 4:14 PM] A Friday operational update halted trading of the embattled bitcoin miner in the United Kingdom and United States.On Friday, the trading of shares of Argo Blockchain (NASDAQ: ARBK) was suspended in both the U.S. and U.K.Particular reasoning for the…
[Dec 9, 2022 1:45 PM] The news outlet has confirmed that The Block’s CEO received undisclosed funding from Sam Bankman-Fried’s hedge fund.Cryptocurrency news outlet The Block’s CEO has stepped down following revelations of undisclosed loans from disgraced FTX CEO Sam…
[Dec 9, 2022 12:30 PM] Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s…
[Dec 9, 2022 10:38 AM] In its 2023 Market Forecast, Blockware Solutions highlighted bullish metrics, slowing ASIC advances and the global energy crisis.Blockware Intelligence, the research arm of Blockware Solutions, has released its 2023 forecast, which indicated, among…
[Dec 9, 2022 3:30 AM] On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA)…
[Dec 8, 2022 4:30 PM] On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the…
[Dec 8, 2022 3:17 PM] Last month, the provincial energy regulator was asked to reallocate 270 megawatts that was set aside for cryptocurrency mining.The Québec government’s utility company, Hydro-Québec, has requested the reallocation of 270 megawatts…
[Dec 8, 2022 2:30 PM] After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by…
[Dec 8, 2022 12:30 PM] According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every…
[Dec 8, 2022 10:46 AM] Potentially, even companies outside of Europe could be forced to disclose user holdings according to the EU.The European Union indicated Thursday that it will make cryptocurrency companies report their European users’ holdings to tax…
[Dec 8, 2022 9:30 AM] Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the…
[Dec 8, 2022 4:30 AM] In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period…
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