Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11
Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse.
Related Posts
From Qatar to Palestine: How Cryptocurrencies Are Regulated in the Middle East
On Sept. 4, the government of Bahrain, a constitutional monarchy in the Persian Gulf, emphasized the importance of blockchain for the country’s economy. While the kingdom seems to be taking a rather positive approach toward crypto, the Middle East at large has proven to be a difficult region for virtual currencies, as a large chunk…
Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines
Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked it to cryptocurrency mining activities. Officials subsequently discovered and removed the mining hardware from two former factories. Arash…
Biconomy acquires Klaster to launch modular execution environment
Biconomy’s acquisition of Klaster paves the way for a modular blockchain framework to simplify developer tasks and bolster user experiences.
How Cross-Chain Composability is the Future of Decentralized Finance
Decentralized Finance, or DeFi, has been making strides in providing tools for users to take control of their own money and truly be their own bank. However, the assets that power this revolution exist primarily on blockchains, and historically these networks don’t easily communicate with each other. This creates real roadblocks and liquidity issues for…
BlackRock CEO: Crypto ETF Will Come When Industry Is ‘Legitimate’
The CEO of investment management corporation BlackRock, Larry Fink, does not see the company offering a cryptocurrency Exchange-Traded Fund (ETF) until the industry is “legitimate,” CNBC reported Nov. 1.BlackRock is a financial planning and investment management firm that currently has $6.28 trillion in assets under management, including equity, real estate, fixed income, and cash management.Speaking…
Aethir partners with Filecoin to solve GPU shortage, boost AI
Aethir and Filecoin’s partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure.
Bitcoin price rally to $61,800 shows BTC bulls are in full control
As Bitcoin price skyrocketed to a new all-time high above $61,800, altcoins like Decentraland rallied more than 90%. 1276 Total views 15 Total shares On March 13 bulls took full control of the crypto market as Bitcoin (BTC) price vaulted to a new all-time high at $61,844 after a high volume surge pushed the price…
India: Another Crypto Exchange Closes Due to Regulatory Pressure
Indian crypto exchange Koinex has ceased operations effective immediately, co-founder Rahul Raj confirmed in a blog post on June 27.Raj said multiple delays by government agencies in clarifying crypto regulation have played a factor in the decision to close.This month’s proposal to introduce a 10-year jail sentence for Indian citizens who use cryptocurrencies had also contributed to…