BitMEX Co-Founder Has Grim Warning On Blackrock's Crypto Entry, But Predicts Bitcoin Will Reach $1M
Hayes said BlackRock's entry into the industry could "fundamentally change" Bitcoin. Though he acknowledged that the spot Bitcoin ETF approval might bring a stream of funds into the crypto market, the BitMEX co-founder was concerned about its potential influence on traditional finance.
Binance, Changpeng Zhao Could Be Facing New Trouble In Brazil For Alleged Fraudulent Management
After finding a solution to its issue in the U.K., Binance is facing another hurdle in its global ambitions.
With Help From Binance, Israeli Authorities Freeze, Seize Crypto Donation Accounts Linked To Hamas
Binance aided authorities in identifying and deactivating the alleged crypto donation accounts of the Islamic Resistance Movement.
Caroline Elison: Bankman-Fried `Directed Me To Commit These Crimes'
Ellison testified after the testimony of Gary Wang, the mysterious co-founder of FTX who admitted last week that he wrote the programming that enabled the crypto exchange's fraud.
SHIB Is Fourth Most Popular Bitcoin Alternative In 2023, Beats ADA, SOL
The study used Google searches to find out which among nearly 23,000 crypto assets were the most preferred alternatives to Bitcoin for investors this year.
Coinbase Director Claims Alameda Research Minted Nearly $40B Worth Of USDT
The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.
FTX Insurance Number Was Fake, Balance Produced By Random Number Generator: Gary Wang
Wang testified in court last Thursday and admitted that he, Bankman-Fried, Caroline Ellison, the former CEO of Alameda Research, and Nishad Singh, the FTX director of engineering, committed wire fraud, securities fraud and commodities fraud.
Elon Musk, Dogecoin Co-Creator Throw Jabs At SEC, Question Regulator's Position On Crypto Value
In a court motion filed last week against the crypto exchange platform Coinbase, the SEC stated that digital assets have no inherent value since they cannot generate profits.
Ethereum Foundation Attacked? Ether Slumps As Non-Profit Organization Moves Millions In ETH
But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).
Exclusive: Shiba Inu To Launch New Publication, Shytoshi Kusama Confirms
Kusama seemingly hinted that the development team is preparing to roll out a new initiative for the community in the coming weeks.
US Regulator Reportedly Mulls Penalizing Former CEO Of Voyager Digital
Stephen Ehrlich was reportedly "angered and perplexed" by the regulator's potential civil claims, labeling them unfounded.
Binance Launches New UK Domain Despite Previous Business Decision
Binance announced the rollout of a new subpage to cater to its customers in the United Kingdom in line with the country's changing regulations.
Yuga Labs, Ledger Lay Off Staff, Citing 'Macroeconomic Headwinds' And 'Restructuring'
A report said that more than 173,939 workers at U.S.-based tech companies have been laid off in mass job cuts so far in 2023.
HTX Hacker Receives Nearly Half A Million Dollars For 'Making The Right Choice'
The HTX Global attack has been classified as a white hat incident since all the stolen funds have now been returned.
Crypto Executives Weigh In On Impact Of Ethereum Futures ETF
While others are optimistic about the launch of Ethereum Futures ETF, analysts noted that it could reduce market volatility but could also dampen the potential of Ether's performance, a trend that typically emerges as the asset class matures.
SBF Fraud Trial Latest Update: Co-Founder Reveals Shocking Dynamics Between Alameda And FTX
Gary Wang revealed that Bankman-Fried handled duties involving facing the public, talking to the media and lobbying, while his role was limited to coding.
Pro-XRP Lawyer Shares SEC Enforcement Director 'Now A Target Of Corruption Probe,' Says He Misled Davidson
The Crypto Law post quoted by Deaton as he threw allegations at Grewal came with a link to a New Jersey Globe article about the latter's name appearing in an indictment.
SBF Trial Unravels Intriguing Alliances And Nervous Moments On Its Third Day In Courtroom
A long-time friend's testimony reveals startling revelations, exposing complex alliances and high courtroom tension in the gripping SBF trial.
Jack Dorsey's Block Unveils Open-Source Bitcoin Hardware Wallet For Testing, Release Imminent
The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.
Bitcoin Whale Adds 845B SHIB To Its Crypto Holdings During Bear Market
Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.
Two Major Crypto Businesses Sued By US SEC Secure Full Licenses In Singapore
This latest development on Coinbase and Ripple Labs' operations in Singapore marks a crucial stride toward wider adoption of digital assets in the country and in the world.
Fraud Trial Of High-Profile Crypto Executive Set For September 2024
Alex Mashinsky's legal team has nearly a year to prepare for the trial of the former Celsius founder and CEO on criminal fraud charges linked to the billion-dollar collapse of the crypto lending platform.
Binance, CZ Sued For Allegedly Initiating Collapse Of Bankman-Fried's FTX
Nir Lahav, a cryptocurrency investor, filed a class-action lawsuit against Binance and Zhao on Monday for allegedly violating the Securities and Exchange Act, as well as the California Unfair Competition Law, in the U.S. District Court for the Northern District of California.
Federal Reserve Blames Crypto As It Reveals Reasons Behind Silvergate Bank Failure
The problem, according to the Feds, started when the senior leadership of the bank shifted its strategy and focused on "customers engaged in crypto activities," underlining that the institution took too big of a risk in one industry.
SBF Portrayed Before Jury As 'Math Nerd Who Didn't Drink Or Party'
The second day of the trial proceeded with opening statements from the defense and prosecution, painting different images of the defendant.
XRP Soars After Judge Denies SEC's Interlocutory Appeal; Crypto Executives, Lawyers Weigh In
District Court Judge Analisa Torres said Tuesday she found no "substantial ground for difference of opinion" in her earlier ruling and disagreed that an appeal would help advance the case to a conclusion. XRP saw an immediate surge in its value, recording over 8% gain after the news broke.
Sam Bankman-Fried Trial Begins With Voir Dire, Judge Expects Full Jury By Wednesday
Three former members of Bankman-Fried's inner circle, also known as his 'generals,' and who had previously pleaded guilty to fraud charges, are expected to testify.
Exclusive: Bad Idea AI Boosts Security And Transparency With Major Milestone
Besides reaffirming its dedication to security and user protection, Bad Idea AI took a significant step by undergoing a thorough CertiK audit to address these concerns.
Nomic Announces Groundbreaking Upgrade That Allows Universal Accessibility Of Bitcoin Within Cosmos Ecosystem
One of the upgrades involves the use of nBTC, which is intend to not only streamline and decentralize available methods of bringing Bitcoin into the Cosmos Network, but also empower users.
Binance Lends Hand In Cracking Down On Crypto Scams In Thailand
Since bad actors do not register their accounts under the names of criminal organizations, Binance said it works with authorities and "leverages information that is only available to them in order to identify individuals operating accounts for illicit organizations."