The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

Three of the perpetrators behind the AirBit Club cryptocurrency Ponzi scheme are now facing jail time and forfeiture of millions worth of illegally acquired assets. AirBit Club is an international fraud and money-laundering ring that deceived investors by posing as a crypto mining and trading company. District Judge George B. Daniels sentenced Scott Hughes, Cecilia […]

A widely followed crypto trader says Bitcoin (BTC) is on the verge of reaching new heights while plotting out Chainlink’s (LINK) final corrective moves. Crypto analyst Michaël van de Poppe tells his 668,000 followers on the social media platform X that BTC is ready to target new highs. “Bitcoin is very much ready to reclaim $29,000-30,000 and […]

BitMEX co-founder and macro-analyst Arthur Hayes recently predicted that Bitcoin’s price will soar between $750,000 and $1,000,000 per coin within roughly 3 years. His prediction, which is far more bullish than that of most analysts, rests on a macroeconomic thesis that all financial assets are due for an unprecedented boom. The Biggest Bull Market Ever […]

In Summary The SEC has issued a subpoena because Musk did not appear for an agreed testimony.  Musk is asked to give evidence surrounding his purchase of Twitter.  Musk also faces a civil lawsuit regarding the Twitter acquisition.  The U.S. Securities and Exchange Commission (SEC) has issued a subpoena to Elon Musk, the owner of […]

Judge Lewis Kaplan reportedly instructed FTX co-founder Gary Wang to speak more slowly while he testified against former CEO Sam Bankman-Fried (SBF). “Mr. Wang, could you slow down?” Judge Kaplan stated following Wang’s allegations. Gary Wang Responded with Rapid Speech On X (formerly Twitter), Inner City Press shares the transcribed court case dialogue for SBF […]

Shiba Inu faces concerning 40% drop in transactional activity, signaling potential crisis for meme cryptocurrency

The Bank for International Settlements (BIS) has teamed up with central banks within the Eurosystem to introduce “Project Atlas,” an initiative aimed at examining the economic implications of cryptocurrency assets and decentralized finance (DeFi), doing massive surveillance in a “passive way” that sounds acceptable by the masses. This collaborative effort involves the BIS Innovation Hub Eurosystem […]

As per a recent filing by the DOJ, the two jets owned by SBF the ex CEO of the cryptocurrency exchange FTX, are now subject to forfeiture. The filing indicates that the possibility of forfeiture follows amid charges against the disgraced entrepreneur. The jets include a Bombardier Global and an Embraer Legacy Aircraft. These two […]

Bitcoin is the largest, longest-running, decentralized, and most secure digital currency of all time, but it is far from the first such attempt. We as a community would do well to remember that bitcoin stands on the shoulders of previous projects, spanning across decades of work. Satoshi built upon the technical underpinnings of said projects, […]

The Sui (SUI) Foundation has announced its latest initiative to strengthen its decentralized finance (DeFi) ecosystem, reclaiming 117 million SUI tokens worth $51.3 million from external market makers.  The tokens will be redirected into various channels to support the growth of the Sui Network. This Layer 1 blockchain has gained recognition for its scalability since its mainnet […]

Crypto assets manager CoinShares says that one Ethereum (ETH) rival continues to be the favorite altcoin of institutional investors. CoinShares says in the newest Digital Asset Fund Flows Weekly Report that Solana (SOL) has recorded inflows of $31 million this year. The crypto assets manager says that the positive trend for Solana continued during the […]

The US-based cryptocurrency exchange Kraken has announced its plans to acquire Coin Meester B.V. (BCM), a crypto broker based in the Netherlands. This acquisition is part of the recent steps by the cryptocurrency exchange to strengthen its presence in Europe. Founded in 2017, BCM is one of the oldest registered crypto brokers in the Netherlands, […]

… cryptocurrency trading platform collapsed last year … cryptocurrency hedge fund. (AP Photo/Mary Altaffer, File) Mary Altaffer. NEW …

The wallet manufacturer reportedly had around 734 employees at the time of publication, suggesting roughly 88 people may have lost their jobs.

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number […]

Shiba Inu burns have shown significant rise while SHIB price attempts to recover after big red candle that occurred earlier today

The U.S. Department of Justice (DOJ) is looking to seize two luxury jets that are allegedly owned by former FTX chief executive Sam Bankman-Fried. In a new court filing, the government says that the defendants’ charges will allow them to seize a Bombardier Global 5000 BD-700-1A11 aircraft and an Embraer Legacy EMB-135BJ aircraft – two […]

A handful of altcoins are seeing a “major surge” in address activity, according to the crypto analytics firm Santiment. The firm notes that Bitcoin Cash (BCH), Smooth Love Potion (SLP), Mask Network (MASK) and Civic Pass (CVC) have all hit three-month highs in terms of daily active address counts. Bitcoin Cash, a Bitcoin (BTC) hard fork […]

Solana (SOL) has recently made waves by hitting new highs in terms of its price and total value locked (TVL) on the blockchain. While Solana’s ascent is capturing the spotlight, keeping an eye on the horizon and identifying potential future altcoins with promising prospects is essential. Two such tokens that have garnered attention are InQubeta […]

Grayscale Investments LLC, one of the world’s largest crypto asset managers, has secured an unexpected court win against the US Securities and Exchange Commission (SEC). A three-judge panel in DC’s Court of Appeals in Washington ruled that the SEC’s denial of Grayscale’s proposal was “arbitrary and capricious” in that the SEC failed to explain the […]

A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw from the cryptocurrency once BTC reaches a staggering $142,000.  It is important to note that Bitcoin is presently trading below the $30,000 mark. Hence the popular YouTuber may have to wait a few years before leaving the […]

According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison.

The JPEX cryptocurrency exchange has sparked controversy and anger among some of its users after it allegedly converted their assets into low-value tokens without their consent. The exchange, which is facing legal troubles in Hong Kong for operating an unauthorized platform and defrauding over 2,300 people, announced its plan to transform into a decentralized autonomous […]

The Canadian Securities Administrators (CSA) has clarified its stance on regulating stablecoins. This move aims to establish a balance between investor protection and promoting innovation within the Canadian crypto market, the regulator said. In a statement published by the Ontario Securities Commission (OSC), the CSA said it may permit continued trading of stablecoins subject to […]

With thousands of token holders, SEEK is already defining its competitive edge in the cryptocurrency market. The pioneering advantage for holders of …

The lone scammer has managed to abscond with approximately $385,000 worth of Ether (ETH) in under 24 hours. This incident forms part of a string of SIM-swapping hacks targeting users of the popular platform Friend.Tech. Scammer Steals 234 ETH in Less Than 24 Hours Blockchain investigator ZachXBT took to X on Oct. 5 to report […]

MATIC has been in green six out of seven days in a row

Kraken is thrilled to announce our planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment to growing our business in Europe by leveraging our strong financial position and highly competitive product offering. Founded in 2017, BCM is one of the Netherlands oldest and most respected registered crypto brokers. The […]

Today, Blockstream, a global leader in Bitcoin infrastructure, announced a partnership with Swan Bitcoin, a prominent Bitcoin-only financial services company, to launch Swan Vault, enabling customers to safeguard their Bitcoin via collaborative custody, according to a press release sent to Bitcoin Magazine. Swan Vault is powered by Blockstream Jade, an open-source Bitcoin hardware wallet. “Integrating […]

A crypto wallet associated with Justin Sun, the co-founder of Tron, a smart contract platform, has moved 20,000 Ethereum (ETH) worth roughly $32.4 million from Lido Finance, a liquidity staking platform. Funds were transferred to Binance, the world’s largest crypto exchange, trading volume and client count. The transaction, executed in a single batch, was captured by […]

Central bank digital currencies (CBDCs) are poised to give politicians unprecedented power to track your data, restrict your movements, and control your life.