Blockchain

Sam Bankman-Fried thought ‘taking FTX deposits through Alameda was legal’: Report

The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution  As

CoinFLEX And 3AC Founders Under Fire For Misappropriating Creditor Assets

In a revelation brought to light by an account on X (formerly Twitter) under the name “CoinFLEX Real,” allegations have emerged indicating that the founder of CoinFLEX, a derivatives

Op-ed: Could a spot Bitcoin ETF lead to ‘paper’ Bitcoin controlling the market?

The air is thick with speculation Bitcoin, the flagbearer of the digital currency realm, stands at the precipice of historic transformation The game appears to be changing with financial titans like

Investor Greed Increases Amid Bitcoin ETF Anticipation

With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the US, investor moods have clearly shifted The index measuring the balance between fear

CryptoPunk holders offered physical versions of their NFTs for 48 hours

Online art store Avante Art is offering print copies of CryptoPunks for the next 48 hours through a partnership with

Lawmakers call for DOJ investigation into Binance, Tether on suspicions of abetting illicit finance

US lawmakers are pressuring the Justice Department to investigate Binance and Tether for allegedly facilitating substantial illicit financing to terrorist groups, including Hamas In a letter to

Banking Giant JPMorgan Records $1B Transactions Daily In Digital Token JPM Coin

JPMorgan, the American banking powerhouse, continues to move forward with its digital finance strategy, processing $1 billion in transactions daily through its proprietary digital token, JPM Coin

Bitcoin’s Upcoming Leap? Analyst Predicts A Potential $45,500 Rise By November

Bitcoin (BTC), the pioneering digital currency that has recently seen a notable surge recording 51% in global crypto market capitalization dominance, has now received a fresh analysis from CryptoCon,

Bitcoin Price Is Pushed Higher By Institutional Demand: 5 Clear Signs

In recent times, the Bitcoin market is witnessing a seismic shift, with BTC’s price ascent deeply rooted in burgeoning institutional demand Expert commentary and market data are coming together to
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Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million

In the first quarter of 2024, Canaan Inc generated $351 in revenues versus the $724 million in costs incurred in the same period which resulted in the company recording a gross loss of $373 million

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring

Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant

Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum Optimism

Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA) This

Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value

Dolce & Gabbana USA Inc faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery