Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows
Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish.
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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam Bankman-Fried. As the saga unfolds, check below for the latest updates.Oct. 3: SBF trial beginsThe trial of Sam Bankman-Fried began on Oct. 3 with jury selection. Bankman-Fried is charged with seven counts of conspiracy and fraud in connection
Shiba Inu hits another exchange as SHIB deposits overwhelm Binance
Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours, after an explosive 966% surge in the same time frame sent the token to 18th in the market cap rankings.Self-described as the “Dogecoin Killer”, Shiba’s instant addition to Binance on May 10 surprised onlookers, many of whom expected a more…
Rating agencies, not regulators, can rebuild trust in crypto after FTX
The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash. And more recently, FTX, an exchange many thought was “too big to fail,” came crashing down. There’s been no shortage of…
Sushi’s head chef addresses community concerns amid SEC subpoena
Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry,” that doesn’t suggest the SEC has “any negative opinion of any person, entity or asset" related to the DAO. Own this piece of history Collect this article as an NFTJapan-based decentralized autonomous organization (DAO) Sushi's head chef Jared Grey…
Consulting Giant Accenture’s New Patent Reveals Plans for Blockchain Logistics Innovation
Consulting giant Accenture has plans to use blockchain to upgrade its logistics network, a patent application published July 26 reveals. According to the document published by the U.S. Patent and Trademark Office (USPTO), the corporation wants to follow in the footsteps of various major players in leveraging blockchain to secure, speed up and increase the…
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.
US Capital Global Offers $10 Million in a Tokenized Crypto Fund
US Capital Global Securities (USCGS), offers investors a $10 million equities investment in a tokenized fund, reveals a press release published on July 29. USCGS is a Financial Industry Regulatory Authority (FINRA)-regulated affiliate of private investment bank US Capital Global.Per the release, USCGS is offering to accredited investors a $10 million equity investment in the…