SBF's Cross-Examination Exposes High-Profile Connections And Shocking National Debt Offer
After hours of testimony during his criminal fraud trial, Bankman-Fried stepped down from the stand, marking the conclusion of his four-day testimony.
Institutional Interest Surges As Bitcoin Crosses $35K, Triggering $275M Liquidations: Market Update
Analysts project there is a "60% likelihood that November will be a green month for BTC."
SBF's Cross-Examination Reveals Alameda Could Withdraw Billions From FTX
There were also interesting revelations during the cross-examination, with Bankman-Fried admitting that he did not know Caroline Ellison would be cooperating with the government but suspected the government had a search warrant for his Google account.
Is Crypto Audit Essential? Most Rug Pull Projects Have Not Undergone An Audit: Report
Budorin, who is a cybersecurity expert and currently leads a team of over 120Hacken talents, said that even though Shiba Inu and Pepe have proven it was possible to earn big money in crypto, the get-rich-quick mindset of some investors as well as their fear of missing out often allowed them to overlook the red flags in a crypto project.
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Singapore MAS Announces Collaboration With Japan, UK On Crypto Policies, Accounting Decisions
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Binance Stirs Market After Reportedly Making Bitcoin Withdrawals Worth Over $650M
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Investors Choose To 'Hodl' As Solana Price, Volume Plummets Amid FTX Selloff
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XRP Community Expects Ripple Labs To Announce IPO At Dubai Event
More news
Shytoshi Kusama Hints At SHIB Conquering Global Stage
Over the weekend, Kusama penned a lengthy cryptic post on the Shibarium Tech Telegram channel, highlighting the intent to show to the world who the Shib Army is and what the community is capable of.
Kraken To Suspend USDT, DAI And WBTC Trading In Canada, Send Customer Data To IRS
The announcement came just days after Kraken informed its clients that it is sending sensitive customer data to the IRS in November.
VanEck Amends Bitcoin ETF Prospectus, Suggests Seeding Fund With BTC
There is still excitement surrounding spot Bitcoin exchange-traded fund, with the world's largest crypto asset by market capitalization trading in the green zone.
SBF Acknowledges Mistakes, But Vigorously Denies Any Fraudulent Activity
While Bankman-Fried described Ellison and Trabuco as "good people," he criticized his ex-girlfriend, stating that she was "proficient in research" but lacked focus on risk management.
Dogecoin's Impressive 20% Surge This Week Meets Significant Resistance
If Dogecoin were to be integrated into the financial system of X, it would strengthen its position as a legitimate cryptocurrency and foster mainstream adoption.
Ethereum Dencun Upgrade Faces Delays And Consensus Challenges, Reveal Developers
The prevailing sentiment among developers, as voiced by Prysm developer Potuz, was that "there is no way we are forking mainnet in 2023."
Gensler Confirms 8 To 10 Spot Bitcoin ETF Applications Under SEC Review Despite Total 12 Filings
The SEC chairman's statement created a myriad of speculations in the cryptocurrency industry, especially among those eagerly waiting for the official rollout of the products that would be offered by Wall Street giants, including BlackRock.
Bitcoin Market Dominance Hits 2.5-Year High As Price Reclaims $35K
By far, this is the highest rate Bitcoin's dominance has reached over the past two and a half years or since the bull market in April 2021 where it hovered within the 50%–60% range.
SBF Trial Update: Defendant Apologized 11 Times While Testifying; Judge Slams Meandering Testimony
At the end of the hearing Thursday, Judge Lewis Kaplan compared the situation to that of someone who purchased a house with funds he robbed from a bank but did not tell his real estate lawyer where the funds really came from.
Scammers Create Spoof Websites Of Etherscan, Blockworks To Drain Crypto Wallets
The spoof Blockworks website shows a fake breaking news report of a multimillion-dollar approvals exploit on Uniswap, a decentralized crypto exchange platform, and entices users to a fake Etherscan website to bypass approvals.
Bankman-Fried Dodges Questions During His US Crypto Trial
Bankman-Fried was scheduled to take the witness stand after three weeks of devastating testimony for the 31-year-old crypto wunderkind, accused of stealing billions of dollars from clients.
Bankman-Fried Testifies In Criminal Trial As Jury Waits In The Wings
Though not a typical strategy, the defense's choice to have their client take the stand is perceived by many as a possible "Hail Mary" move.
Pro-XRP Lawyer Says SEC 'Pissed and Embarrassed,' Foresees Intensifying Legal Battle
Contrary to many speculations, Deaton believes that the legal battle between Ripple Labs and the SEC could be protracted and may last a year.
SBF Lawyers Call Testimonies Of Wang, Singh Inconsistent, Want FBI Agents Who Interviewed Them To Testify
The public will have a preview of Bankman-Fried's team's defense strategy this week.
Elliptic Clarifies Scale Of Crypto Terror Funding, Says 'No Evidence' Hamas Raised Donations Using Cryptocurrency
The Wall Street Journal published a report that claimed Hamas raised millions in crypto to fund its attacks on Israel. U.S. lawmakers, including Sen. Elizabeth Warren, used the article to demand answers from the Biden administration on the use of crypto assets by terrorist organizations.
Bitcoin Surge Sees 81% Supply In Profit, Average Short-Term Investor Holdings 20% Up: Glassnode
Long-term holders are not impacted by the recent rally of Bitcoin since nearly 30% of their supply is being held at a loss, which according to the report, is high, historically.
Sam Bankman-Fried Set To Take Stand In Criminal Trial, Confirms Defense Attorney Cohen
Bankman-Fried, whose case has faced intense scrutiny due to explosive testimonies from former colleagues in recent weeks, will take the stand following the testimony of three defense witnesses.
US Government Loses Out On More Than $100M Due To Premature Sale Of Bitcoin Stash
If the government had sold the same number of Bitcoin at an average price of $35,000, it could have raked in $345,135,000, which meant it missed around $129,135,000 worth of gain.
Binance Asks Court To Drop CFTC Lawsuit, Says Regulator Trying To Be A Global Crypto Police
In a court filing, Binance's lawyers argued that the Irish units of the business should not be named as defendants in the lawsuit considering that those entities are located outside of the jurisdiction of the CFTC.
Binance Halts Cryptocurrency Withdrawals On Its Platform
Binance CEO Changpeng Zhao said, "Technical issue with a middleware service impacting withdrawals," while assuring the community that funds were safe.
BlackRock Bitcoin ETF Returns On DTCC After Vanishing, But There's A Slight Change
BlackRock, whose spot Bitcoin ETF filing is at the center of speculations, maintained that the application in question is still within the SEC's "filing restriction period."
FTX Wallets Move Over $10M In Crypto To Wintermute; What's Going On?
The substantial transfers worth over $10 million include 2,904 ETH ($5.18 million), 1,341 MKR ($2.02 million), 198,000 LINK ( $2.26 million) and 12,000 AAVE ($1.03 million).
Web3 Companies Are Bringing The Best Of Web2 Along For The Ride
On the surface, there appears to be more that divides Web2 and Web3 than unites them. Yet for all their fundamental differences, they maintain a shared bond.
Crypto Scammers Exploit Israel-Hamas Conflict, Posing As Charities
Legitimate charities offer transparent details of their organization, as well as the usage of the funds donated.
Bitcoin Uptrend Just Starting, BTC Breaking $31K Is An 'Air Pocket To $39K': Blockchain Analyst
Based on the analysis, BTC will continue to surge and could hit the $39,000 price level anytime soon.
Wood's Ark Invest Surprises Crypto Market By Buying Robinhood, Selling Coinbase, GBTC Shares
Like other Wall Street giants, Ark Invest, along with 21Shares, had filed a spot Bitcoin ETF filing, and recently amended its prospectus following communication from the U.S. regulator.
Ripple-SEC Case 'For All Intents And Purposes' Is Over, Says Pro-XRP Lawyer
Ripple Labs' landmark victory against the U.S. financial regulator, followed by the dismissal of the charges against its top executives, seemingly suggests that the long legal battle of the blockchain firm against the SEC is finally over.
Grayscale-SEC Legal Battle: Court Orders Financial Regulator To Review Spot BTC ETF Application
This decision basically solidifies the court's earlier ruling on Aug. 29, which noted that the SEC was "arbitrary and capricious" in its decision to reject Grayscale's bid to convert its $17 billion Grayscale Bitcoin Trust (GBTC) into a spot ETF.
Bitfinex Drops Documentary Showing Bitcoin's Transformative Power In El Salvador
Titled "Don't Trust...Verify," the documentary shows the journey of Bitfinex CTO and Tether CEO Paolo Ardoino to El Salvador, where he collaborated with community leaders, government officials and BTC evangelists who work tirelessly on the adoption of Bitcoin in the country.
Bitcoin Skyrockets To Over $35K As BlackRock Makes Major Spot BTC ETF Move
Bitcoin rallied to $31,000 at the start of the week, but it seemed like the king of crypto was poised to surge to a much higher price level as it climbed to the $35,000 threshold later in the day until early Tuesday.
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