Partner of ex-FTX exec hit with campaign finance charges
Michelle Bond, who ran for a seat in the US House of Representatives in 2022, faces four charges related to violations of campaign finance law.
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US reportedly considering Bankman-Fried extradition for questioning
Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States. In the aftermath of the FTX exchange liquidity crisis and bankruptcy, United States and Bahamian authorities are reportedly discussing the possibility of extraditing Sam Bankamn-Fried, former CEO of the company, back to the U.S.…

El Salvador president predicts ‘gigantic price increase’ for Bitcoin
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. 461 Total views 35 Total shares Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender.Bukele took to Twitter on…

Libra Will Allow Facebook to Spike Ad Prices, Zuckerberg Reportedly Says
Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. 1759 Total views 131 Total shares The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg…

Börse Stuttgart, Axel Springer to Jointly Launch Crypto Trading Venue
Germany’s second largest stock exchange Börse Stuttgart is partnering with European digital publishing titan Axel Springer and its subsidiary Finanzen.net to jointly launch a blockchain-powered trading venue.The development was announced in a public Finanzen.net — the country’s largest online financial portal — news release on March 27, alongside a detailed media release from the three…

Abu Dhabi regulator introduces its ‘guiding principles’ for crypto
The FSRA is taking a pro-market stance but pledges to comply with international safety standards. 376 Total views 30 Total shares The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Market free economic zone (ADGM), published its “Guiding Principles” on its approach to digital asset regulation and supervision. Friendly in tone to…

Alibaba Files Patent for Blockchain System That Allows ‘Administrative Intervention’
Chinese e-commerce conglomerate Alibaba has filed a patent application with the U.S. Patent and Trademark Office (USPTO) for a blockchain-based system that allows a third-party administrator to intervene in a smart contract in case of illegal activities. The USPTO published the patent application on Oct. 4.A smart contract is a computer protocol designed to digitally…

Crypto hacks down by 54.2% in June, $176M lost in a month
In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks.

CAR president urges citizens to understand Bitcoin to bring long-term prosperity
For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues. 366 Total views 4 Total shares Despite the cryptocurrency market's prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes…