Sam Bankman-Fried files appeal for felony conviction
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
Related Posts
‘Rock star complex’ saw Tyler Did It round trip 1K ETH: NFT Collector
Tyler Warner (Tyler Did It) convinced himself he was a rock star trader in the bull market but failed to hold on to his gains: NFT Collector.
Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K
The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption.In theory, the 8.5% inflation in the United States means that every five years, the prices increase by 50%. This essentially turns…
British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors
British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to an official document released on July 1.In the document, titled “Restricting contract for difference products sold to retail clients,” the FCA revealed that the regulator will soon publish a consultation paper…
Crypto Markets See Green Amid Talk of ‘Forced Short Squeeze’ on BitMEX
August 22: The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, as Coin360 data shows. Positive price momentum is a welcome respite from protracted bearish sentiment, although multiple crypto commentators are attributing the upswing to yesterday’s announcement by leveraged crypto trading…
Alex Saunders issues a public apology and claims to be settling crypto dealings
Prominent crypto figure Alex Saunders has come back from months of being inactive on social media to issue a public apology for his actions last year. 471 Total views 33 Total shares Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and…
Semiotic AI granted $60 million by the Graph Foundation to support ecosystem growth
Semiotic AI will become the third core protocol developer to join the Web 3.0 network this year and is set to enhance the platform's security, scalability and economic efficiency through the use of emerging technologies. 382 Total views 3 Total shares The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI…
How artificial intelligence can enhance blockchain platforms
Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil and water. While innovative in their own right, there’s a noticeable lack of interconnectedness — projects that tightly combine AI and blockchain, unleashing the full potential of both emerging technologies. Technical hurdles have been largely…
Binance to bring Bitcoin payments to Shopify via new partnership
Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier. 1193 Total views 25 Total shares Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payment industry through a new crypto-to-fiat integration.The company announced Tuesday a…