FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital
FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange.
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Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years
The Sept. 28 earnings report is being called the most important event of the year for the stock market.
Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure
Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…
Spot Ether ETFs receive official approval from the SEC
The U.S. Securities and Exchange Commission gave the green light to several spot Ether ETFs after speculation that the regulator was considering treating ETH as a security.
Libra Members Consider Quitting Project Due to Gov’t Pressure: Report
At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right next steps” should be. One further —…
Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. 2136 Total views 11 Total shares Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all digital asset trading, and boasts six of the top ten largest crypto unicorns.The report, penned…
Jump Trading transfers $46.44M in ETH amid sell-off, manipulation fears
Jump Trading moved 17,049 ETH from Lido, valued at $46.44M, raising market fears. Yet, data hints at a strategic liquidity setup.
Crypto Asset Diversification Vs. All Eggs in One Basket
What’s an effective way to diversify a crypto portfolio? Are crypto assets able to be diversified at all? These are the questions that many “Hodlers” have been asking. The slow bleed of Bitcoin (BTC) and other major cryptocurrencies prices has been challenging investors and their holding powers. Despite BTC still able to maintain its 112%…
Finally, a good reason to sell Bitcoin: Hodler liquidates to pay off parents’ mortgage
Bitcoin HODLers are divided on whether now was the best time to sell. But mom and dad... 1085 Total views 5 Total shares Reddit’s r/Bitcoin community continues to pull on our heartstrings. On Thursday, a user by the name of “u/Bigtony96” claimed to have sold their entire Bitcoin (BTC) stash to pay off their parents’…