The fraud case against Sam Bankman-Fried (SBF), founder of cryptocurrency exchange FTX, ushered in a new development. FTX co-founder and former engineering director Nishad Singh has pleaded guilty to a string of criminal charges and has agreed to cooperate with the prosecution against SBF as the third tainted witness in the case. Nishad Singh, 27, …
One more “Tainted Witness” in the FTX Fraud Case! Read More »
U.S. Treasury Secretary Janet Yellen said during the G20 meeting of finance ministers and central bank governors that “it is critical to establish a strong regulatory framework for cryptocurrencies”, “but we have not recommended an outright ban on cryptocurrencies.” Activity”. Yellen spoke about the regulation of cryptocurrencies in an interview with Reuters on the sidelines …
U.S. Treasury Secretary Yellen: Establishing a strong regulatory framework is crucial Read More »
The International Monetary Fund (IMF) issued a press release on the 23rd, making a series of recommendations to member countries and calling for a “concerted response approach”, clearly showing a tough stance on the adoption of cryptocurrencies. “Widespread adoption of encrypted assets could reduce the effectiveness of monetary policy, circumvent capital flow controls, and exacerbate …
According to a new report from Deel Lab for Global Employment, most remote workers in Latin America prefer to receive compensation in cryptocurrencies for various reasons, but the reasons include the unstable exchange rate of local fiat currencies and the impact of high local inflation. The report notes that the majority of remote workers in …
64% of Remote Workers in Latin America Love Cryptocurrency for Salary Read More »
The U.S. Securities and Exchange Commission (SEC) announced in a press release on February 9 that it accused cryptocurrency exchange Kraken of providing staking services as “unregistered securities sales.” To this end, Kraken has agreed to pay a $30 million fine in exchange for a settlement and immediately cease offering cryptocurrency staking services to U.S. …
A few days ago, Cathie Wood’s Ark Investment Company (ARK) released the annual “Big Ideas 2023” investment research report. Since its launch in 2017, this series of reports has attracted a large number of industrial users’ attention. This year’s report is 153 pages long and provides an overview of the latest global innovation technology integration …
“Wood Sister” annual report highlights: In 2030, Bitcoin will break $1 million Read More »
“Blockworks” quoted people familiar with the matter as reporting that the e-commerce leader “Amazon” (Amazon) is setting up a digital asset company and is expected to launch a plan related to NFT this spring. According to four people familiar with the plan, Amazon has approached a number of industry players about its NFT project. These …
An independent miner with a hash rate (computing power) of just 10 terahashes per second (TH/s) won the 772,793rd block added to the bitcoin blockchain on Friday (20th). At the time he added this block, Bitcoin’s total hash rate was just over 269 exahash per second (EH/s), representing 0.000000037% of the entire blockchain’s hash rate …
Charles Hoskinson, founder of the public chain project Cardano (ADA) and co-founder of Ethereum, said that he is considering acquiring CoinDesk, an encrypted currency media under the DCG Group, and transforming it into a hybrid of news and social networking sites. CoinDesk said on Wednesday it hired financial advisory firm Lazard as a financial advisor …
The founders of two bankrupt cryptocurrency companies are teaming up to create an exchange that will allow users to trade claims on bankrupt cryptocurrency companies. Three Arrows Capital, which filed for bankruptcy in July last year, and its founders Su Zhu and Kyle Davies are working with the two founders of the cryptocurrency exchange CoinFLEX …
