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bob wrote a new post
1 year ago
US Prosecutors Seek to Bar Arguments on Recovery of FTX Customer Assets in Bankman-Fried Trial
United States prosecutors have requested that Sam Bankman-Fried’s legal team be prohibited from discussing the potential recovery of FTX customer assets invested in Anthropic during his trial. Bankman-Fried had i…
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bob wrote a new post
1 year agoUS Prosecutors Seek to Bar Arguments on Recovery of FTX Customer Assets in Bankman-Fried Trial
United States prosecutors have requested that Sam Bankman-Fried’s legal team be prohibited from discussing the potential recovery of FTX customer assets invested in Anthropic during his trial. Bankman-Fried, the f…
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bob wrote a new post
1 year agoSEC's Appeal Denied in Ripple Lawsuit, Trial Date Set for April 2024
US judge Analisa Torres has denied the SEC’s appeal in the legal battle between Ripple and the regulatory agency. The trial, which is scheduled for April 23, 2024, is seen as a crucial event for the c…
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1 year agoSWIFT Collaborates with Ripple and Stellar to Revolutionize Cross-Border Payments
Ripple and Stellar are making significant strides in revolutionizing cross-border payments, and their partnership with SWIFT is a major milestone in the financial industry. Despite their different designs, both…
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1 year agoAustralian Freight & Trade Alliance Explores Collaboration with Ripple for Streamlined Cross-Border Payments
The Australian Freight & Trade Alliance (FTA) is considering a partnership with Ripple, a fintech company known for its blockchain-based payment solutions. FTA Director Paul Zalai expressed openness to…
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1 year agoConcerns Raised Over Subsidization of Solana Validators and Threat to Network Autonomy
Serious concerns have emerged regarding the financial support provided to Solana validators by the Solana Foundation and Alameda Research. Allegations claim that over 90% of validators are heavily subsidized by…
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1 year agoCrypto Analyst Suggests Bitcoin Bear Market is Over, Breakout Imminent
A widely followed crypto analyst, TechDev, has suggested that Bitcoin’s bear market is over and an expansion upward is imminent. He shared a chart with monthly candles, Bollinger bands, and an additional i…
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1 year agoHTX Exchange Recovers Stolen Funds, Pays Hacker White Hat Bonus of 250 ETH
HTX (formerly Huobi) has recovered the crypto funds stolen by a hacker in late September and honored its 5% white hat bonus offer to the hacker. On September 25, the exchange was vulnerable and 5,000 ETH were…
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1 year agoRipple CTO Urges XRPL Validators to Support AMM Feature with Community Consensus
David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (…
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1 year agoBinance Releases 11th Proof of Reserves, BNB Shows Signs of Accumulation
Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from…
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1 year agoRipple and SEC Explore Settlement Possibilities in XRP Case
Ripple and the U.S. Securities and Exchange Commission (SEC) have been directed by U.S. District Judge Analisa Torres to work out a possible settlement. This is set for April 16, 2024, and both parties and their…
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1 year agoBitcoin Price Avoids Volatility as $28K Resistance Looms
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. Data from Cointelegraph Markets Pro and TradingView showed BTC price performance a…
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1 year agoAltcoins Lead the Crypto Market as Bitcoin Reaches Two-Month High
Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame P…
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1 year agoCrypto Advocate Criticizes Supporters of Former FTX CEO Amid Fraud Allegations
John Deaton, an XRP holder’s attorney and crypto advocate, has criticized supporters of former FTX CEO Sam Bankman-Fried (SBF) during his ongoing trials related to the collapse of their crypto venture. Deaton e…
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1 year agoBitcoin Could Reach $100,000 by Early 2024, Predicts Kiyosaki and Back
Bitcoin (BTC) could reach its all-time high of almost $70,000 and even surpass that level sometime in 2024, according to the AI-powered language model ChatGPT. This could be driven by a general bullish sentiment, a…
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1 year agoHuobi Global's HTX Exchange Recovers Stolen Funds, Offers Bounty to Hacker
Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether ETH bounty after resolving the issue. The hacker had drained 5,000 ETH worth r…
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1 year agoStride's STRD Token Surges 330% YTD, Outperforming Ethereum and Lido
Cosmos-based Stride has been experiencing a surge in its governance token – STRD – which has increased 330% year-to-date. According to a recent Nansen report, the protocol currently commands more than 80% of the…
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1 year agoHacker Returns Stolen Ethereum to HTX Global After White-Hat Bounty Offer
In a surprising turn of events, the hacker responsible for stealing a large sum of Ethereum from HTX Global, formerly Huobi, has refunded the entire stolen amount for the white-hat bounty offered by the exchange.…
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1 year agoBinance Launches U.K. Subpage to Comply with Financial Promotion Regime
Binance has launched a new subpage to serve its U.K. customers in light of changing regulations. The page, http://www.binance.com/en-GB, will offer services that comply with local regulations, including fiat and…
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1 year agoHong Kong Launches Task Force to Monitor Crypto Exchange Fraud
The Hong Kong government has formed a task force to monitor and investigate illegal activities related to virtual asset trading platforms. This move follows the JPEX crypto exchange scandal last month, which…
