Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting.
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Sam Bankman-Fried requests weekday freedom for legal defense work
Lawyers of SBF stated that their client faced difficulties in thoroughly reviewing the extensive document accumulation related to the case while confined to the detention center. 112 Total views 8 Total shares Seven days following the Department of Justice's bail revocation for disgraced FTX founder Sam Bankman-Fried, he is now seeking permission to spend five…
Payments firm Rocketfuel Blockchain sues co-founder over expired patents
The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. 1031 Total views 15 Total shares Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder…
France’s Macron denies Pavel Durov arrest was political
The Telegram founder was arrested at Le Bourget airport north of Paris on Aug. 24.
Bitcoin bulls set to defend $13K as $450M in BTC futures expire Friday
A total of 62K Bitcoin (BTC) options are set to expire this Friday, and this is equivalent to $830 million in open interest. These massive numbers fail to reflect the fact that 58% of these options are now deemed worthless.As we approach the expiry date, call (buy) options above the current level begin to depreciate…
Zimbabwe central bank ironing out wrinkles in new currency
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews.
Law Decoded: Blockchains and the Eastern Bloc, August 14–21
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe political machinations of Eastern Europe have dominated recent headlines. Protests unprecedented since the fall of the Soviet Union have rocked Belarus for weeks. Outrage over the Aug. 8 election that has seen challenger Svetlana Tikhanovskaya…
FTX founder’s parents sued, accused of stealing millions from crypto exchange
Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business.The counsel for FTX debtors and debtors-in-possession, represented by the law firm Sullivan & Cromwell, on Sept. 18 filed a lawsuit against SBF’s parents
ABC vs CV: Assessing the Consequences of the Bitcoin Cash War
It has been more than a week since the Bitcoin Cash (BCH) blockchain was split into two during the fateful hard fork. Two opposing sides clashed over the future of BCH as an asset, and it is time to see where both parties stand, now that the dust has finally started to settle.Conservatives secured the…