SBF family linked to $100M FTX scandal, legal trouble looms
According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions.
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Google, the most popular Bitcoin trend indicator, turns 23
Since the introduction of Bitcoin, Google has become an excellent popularity indicator for cryptocurrencies. 910 Total views 28 Total shares Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Sept. 27, 2021.Founded by Larry Page and Sergey Brin when both were students at Stanford…
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. 404 Total views 8 Total shares The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with Bitcoin (BTC). ProFunds provides…
OFAC sanctions OTC traders who converted crypto for North Korea’s Lazarus group
U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea. 200 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury Department has identified over-the-counter (OTC) cryptocurrency traders who assisted North Korea’s Lazarus Group in converting stolen…
Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens. 116 Total views 2 Total shares Cosmos Hub, a blockchain part of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM (ATOM) funds.
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
After years of uncertainty about its cryptocurrency regulation, Russia is further confusing its proposed crypto law as the country’s central bank made yet another statement on the issue.According to a legal executive at the Bank of Russia, the country’s major but still unfinalized cryptocurrency legislation — a bill “On Digital Financial Assets” — will ban…
Experts weigh in: Is DeFi dead or is it still the future of finance?
As the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst, or if it will rise from the ashes.Top quality projects like Chainlink, Aave and Synthetix have fallen by half since their all time highs, while…
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” 2457 Total views 19 Total shares Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin (BTC) have some backing, while the U.S. dollar…