FTX co-founder and key witness Gary Wang asks judge for no jail time

November 7, 2024
The Last Cryptocurency
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Cointelegraph Feed

Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.

“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC. 153 Total views 1 Total shares Own this piece of history Collect this article as an NFTUnited States Securities and Exchange Commission chair Gary Gensler issued a warning…

Exec Who Launched PwC Switzerland’s Blockchain Division to Become CFO at Tezos

The man who launched a blockchain and cryptocurrency assurance division for PwC in Switzerland is joining Tezos as chief financial officer, the foundation confirmed in a news release on June 11.Roman Schnider is leaving the Big Four firm after 15 years, and Tezos says he is already familiar with the organization, since it was the first major blockchain project to…

Quantum computing will fortify Bitcoin signatures: Adam Back

The post-quantum era is still “several decades away,” but it could be a net positive for the Bitcoin network’s security.

Cyprus regulator extends FTX suspension to May 2025

Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds.

Ripple’s Xpring Acquires Payment Platform Logos Network to Pursue DeFi

Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products.Per a Sept. 27 blog post, Ripple’s Xpring initiative, the company’s investment arm, has onboarded Logos Network. Logos Network is a distributed ledger-based payment platform that focuses on speed and…

Swipe Visa Card Adds Crypto Travel Booking Site’s AVA Token

At a time of unprecedented upheaval in the global tourism industry, blockchain-based travel booking service Travala and Swipe aim to boost crypto’s useability.Announced on July 24, Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform — reportedly making it spendable at 60 million merchants.AVA will also be…

Crypto Community Reaction to Facebook Libra US Congressional Hearings

As countless eyes watched and followed the recent U.S. congressional hearings regarding Facebook-backed cryptocurrency Libra, it was evident that it will not be easy for the social media giant and the Libra Foundation to find a way of convincing the regulators of the merits their product could bring to the world.David Marcus, head of Facebook’s…

Crypto Exchange Bittrex International to Host Its First Public ‘Initial Exchange Offering’

Crypto exchange Bittrex is hosting its first token sale — dubbed an Initial Exchange Offering (IEO) — on Bittrex International, its Malta-based digital asset trading platform. The news was announced in an official press release published on March 11.Bittrex International, which operates within an EU and Maltese crypto regulatory framework, will officially start the IEO on…

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Vitalik Buterin: Bullish on Google sign-in, bearish on duels to the death

Buterin says prediction markets are better for settling beef, but Elon Musk says he’s packing historical heat.

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