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BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

[Mar 28, 2024 10:14 AM] In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a…

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

[Mar 28, 2024 9:52 AM] On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported…

Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade

[Mar 28, 2024 6:30 AM] The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the…

US Spot Bitcoin ETFs Rebound With $418 Million Inflow

[Mar 27, 2024 12:30 PM] On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418…

Russia Discusses Testing Digital Ruble for Budget Payments

[Mar 27, 2024 12:00 AM] The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving…

Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base

[Mar 26, 2024 7:08 PM] Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is…