Sam Bankman-Fried is back in NYC prison for his appeal
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison.
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Ethereum open interest hits 20-month high: Bullish or bearish for ETH?
Ether’s futures open interest jumps to a 20-month high, but leverage demand remains balanced.

Standard Chartered Signs MoU With Chinese Blockchain Finance Platform Linklogis
London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will allow Standard Chartered to use Linklogis’ blockchain-powered supply chain financing platform.Linklogis, based in Shenzhen, China, is a business to business…

Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services
The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5.According to the announcement, the island country aims to establish regulation for custodian services for digital assets in order to enable users of crypto custodian services to…

Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in the country.Sogani shared his reasoning with the news outlet AMBCrypto, which reported the matter on August 8. According to the report, Crebaco’s methodology included an analysis…

Binance approves Shiba Inu as collateral asset
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable and collateral assets on its Flexible Loan and VIP Loan services. 929 Total views 8 Total shares Crypto exchange Binance is adding 22 new loanable and collateral assets to its Flexible Loan and VIP Loan service, the exchange announced on Aug. 4.In its…

Kraken users have already staked half a million ETH
Interest in Ethereum staking continues to grow, as evidenced by recent numbers from Kraken. Ethereum’s transition to Ethereum 2.0 officially began in December 2020 with the launch of its beacon chain. The long-awaited scaling solution takes the blockchain from a proof-of-work to a proof-of-stake consensus algorithm. In the months since the transition began, users of…

Sam Bankman-Fried will get one day in court to meet with lawyers
According to a judge's order, SBF will be allowed access to one laptop and "WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room. 159 Total views 2 Total shares A federal judge overseeing former FTX CEO Sam Bankman-Fried’s criminal case has issued an order allowing Sam Bankman-Fried…

House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets. 594 Total views 11 Total shares Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive…