Ex-FTX exec sentenced to time served after guilty plea

For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators who usually add to the daily sell pressure toward the end of a market cycle have become increasingly confident of higher prices as they hold on to their Bitcoin.This only adds to the already existing supply…

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem got recognition from the United Kingdom government, as they sought public feedback on taxation of the DeFi ecosystem, especially staking and lending.MakerDAO…

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading. Trading in cryptocurrencies can be defined…

Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects.As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. However,…

Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex.In a tweet published on Oct. 19, Sun has claimed that he is “not buying anything,” noting that he is an investor and disclosing some of his crypto assets:“Just…

An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC mergerBy Connor SephtonIf you want to sell stock in an American company to the public, traditionally you hold an initial public offering, better known as an IPO. An IPO starts with…

Even though advertising has been around for about as long as commerce has, in today’s digital age entirely new problems are popping up that are souring the experience for advertisers, publishers and the public alike. Costs have risen, the handling of consumer data has become an issue and ad fraud is far too common. Now,…

An Indian government panel has reportedly suggested a new legal framework within the Reserve Bank of India (RBI) that completely bans cryptocurrencies in the country. English-language Indian media outlet CNBCTV18 reported on the framework on Dec. 6.The article cites an unnamed source as noting that “the panel has categorically said that all such currencies should…

A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features in its online web store. 309 Total views 1 Total shares Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface. A pair of job postings first…