Ex-Alameda Research CEO to report to prison for 2-year sentence
Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media.
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Kraken Crypto Exchange to Add Support for BAT and WAVES
American cryptocurrency exchange Kraken will add support for Basic Attention Token (BAT) and Waves (WAVES). According to an announcement on Aug. 21, the exchange’s users will be able to deposit and withdraw the aforementioned coins starting tomorrow, Aug. 22, as well as trade with both assets. Kraken will roll out trading pairs between BAT and WAVES…
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200 employees. 230 Total views 26 Total shares Own this piece of history Collect this article as an NFTCalifornia-based crypto bank Silvergate has suspended dividend payouts…
Additional compensation available for Cryptsy victims, court notice says
Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment. 539 Total views 9 Total shares Last week, some former users of the now-defunct cryptocurrency exchange Cryptsy received a notice informing them of a new turn in the ongoing class settlement process. Authorized by the U.S. District Court…
Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the development of Web3. At the same time, its securities regulator has begun to actively regulate the crypto space, awarding licenses for retail crypto trading. On June 30, the Hong Kong government announced that…
Bitcoin Difficulty Set for 13% Drop as Hash Rate Following BTC Price
Bitcoin (BTC) is set for a rare difficulty reduction in the coming days as continued price weakness tests its technical fundamentals.Data from monitoring resource Crypto This’ difficulty estimator showed that at present, next Wednesday will see difficulty fall by almost 13%.Hash rate returns to Christmas levelsDifficulty essentially indicates how much effort is required to solve…
BNB, AR, XMR, and TIA set to rally — Will Bitcoin's $70K breakout be the trigger?
Bitcoin price action could remain sideways for longer, but BNB, AR, XMR, and TIA may see some short-term gains.
Downfall of Canada’s Lambo driving ‘Crypto King’ reportedly sees $35M in losses
A self-styled 23-year-old 'Crypto King' is facing a raft of demands among 140 of his investors as they try to claw back a collective total of $35 million from his company AP Private Equity Limited.According to a Sept. 20 CBC report, creditors are hard at work trying to unravel where all the money they allegedly…
Bitcoin’s evolving narratives make it antifragile
Over the years, Bitcoin has been able to overcome naysayers by frequently reinventing its narrative. Because Bitcoin (BTC) is multifaceted, it is able to quickly change to confront new criticism.We have seen this over the years. For example, Bitcoin used to be frequently assailed by the media for its volatility — many articles pushed the…