-
bob wrote a new post
1 year, 1 month ago
Cryptocurrency Wallets Targeted in DOJ Crackdown on Illicit Drug Trade
The Department of Justice (DOJ) has recently unsealed eight indictments in a significant move against the illicit production and distribution of fentanyl and methamphetamine. The indictments also encompassed crimes…
-
bob wrote a new post
1 year, 1 month agoFormer FTX CEO Sam Bankman-Fried on Trial: Witnesses Testify
Former FTX CEO Sam Bankman-Fried, also known as SBF, is facing criminal charges in a trial that began on October 4th. The prosecution has called witnesses, including a London-based cocoa broker named Marc-Antoine…
-
bob wrote a new post
1 year, 1 month agoSolana Token Faces Bearish Outlook as FTX Liquidation Looms
Solana token SOL has dropped 8% since October 1, reaching $22.8 in the New York hours of October 4. Technical analysis of the daily and weekly charts, as well as macroeconomic conditions, suggest a bearish…
-
bob wrote a new post
1 year, 1 month agoTMX Group to Launch Bitcoin Futures Contracts on Derivatives Platform
TMX Group, the largest exchange in Canada, is set to launch Bitcoin (BTC) futures contracts on its derivatives trading platform, Montréal Exchange (MX). The move is in response to the growing market demand for…
-
bob wrote a new post
1 year, 1 month agoMEXC Ventures Invests in The Open Network, Partners with TON Foundation
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works a…
-
bob wrote a new post
1 year, 1 month agoCelsius Network to Repay Creditors with $2 Billion in Crypto Assets
Celsius Network, a bankrupt digital asset lender, has presented a restructuring plan in a US bankruptcy court filing that will generate funds for a new corporate spinoff, dubbed “NewCo”, and repay customers. The…
-
bob wrote a new post
1 year, 1 month agoElon Musk Reignites Criticism of Fiat Currency as a "Scam
Elon Musk, founder and CEO of Tesla and SpaceX, recently expressed his criticism of fiat currencies by calling them an “scam” on Twitter. Musk has previously voiced his support for cryptocurrency, stating that “th…
-
bob wrote a new post
1 year, 1 month agoExchange Founder Diverted Funds for Luxuries, Political Donations
The FTX app and its terms of service promised customers that their money was being kept safe, as if it were in their own possession. However, according to Rehn, the money was actually diverted to a smaller,…
-
bob wrote a new post
1 year, 1 month agoRipple Poised to Revolutionize Global Financial System with Retail CBDCs
Ripple Labs, a blockchain payment company, is well-positioned to revolutionize the global financial system as more central banks prepare to roll out their respective Central Bank Digital Currency (CBDC). According…
-
bob wrote a new post
1 year, 1 month agoPolygon Co-Founder Jayanti Kanani Steps Down After Big Year of Developments
Jayanti Kanani, one of the co-founders of Polygon (MATIC), recently announced his departure from the company. His partner, Sandeep Nailwal, expressed his emotions on social media, wishing Kanani well. Polygon has…
-
bob wrote a new post
1 year, 1 month agoBitcoin Price Reaches Critical Level: What's Next?
Bitcoin’s price is currently situated in a critical area, and its reaction in the next few days will likely determine the market’s direction in the coming weeks. The price has recently surpassed the $27,500 res…
-
bob wrote a new post
1 year, 1 month agoUniswap Records Booming Activity as Crypto Market Bleeds
Coinbase is a trusted crypto exchange regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe. Uniswap has been recording booming activities as daily active users increase, signifying a growing…
-
bob wrote a new post
1 year, 1 month agoMEXC Ventures Invests in The Open Network, Promoting Web 3.0 Accessibility
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange, has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment wor…
-
bob wrote a new post
1 year, 1 month agoUK Treasury to Launch Digital Securities Sandbox in Q1 2024
The UK Financial Conduct Authority (FCA) is set to launch its second crypto sandbox in the first quarter of 2024. This sandbox will have set rules to govern digital securities and will allow companies to set up…
-
bob wrote a new post
1 year, 1 month agoMEXC Ventures Invests in The Open Network, Partners with TON Foundation
MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network (TON), the largest layer-1 investment the firm has ever made. This investment w…
-
bob wrote a new post
1 year, 1 month agoMKR Surges 185% YTD, Network Activity Hits 10-Week High
MKR, the native token of MakerDAO, has seen a significant 185% increase in its value year-to-date (YTD). This surge is attributed to the successful implementation of incentive schemes aimed at increasing the supply…
-
bob wrote a new post
1 year, 1 month agoCoinbase Revenue Forecast Lowered by Mizuho Analyst, Shares Down 1.0%
Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday, causing its shares to drop 1.0%. Dan Dolev, a Mizuho analyst, now expects the crypto exchange to report revenue about 7.0% below…
-
bob wrote a new post
1 year, 1 month agoRipple Secures Major Payment Institution License in Singapore, XRP Price Spikes 8%
Ripple has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, allowing the fintech firm to provide digital payment token services in the region. This comes after Coinbase…
-
bob wrote a new post
1 year, 1 month agoSam Bankman-Fried Criminal Trial Begins with Jury Selection
Sam Bankman-Fried, former CEO of FTX, is currently facing criminal trial. On October 4th, jury selection was completed with 12 jurors and 6 alternates. The jury selection process was rigorous and the potential…
-
bob wrote a new post
1 year, 1 month agoCrypto Star's Fall From Grace: The Sam Bankman-Fried Story
Sam Bankman-Fried, the founder of FTX, was arrested in the Bahamas in December 2022 and extradited to the United States to face fraud and conspiracy charges. His trial has now started in the Southern district of…
