SBF's $1B forfeited assets include private jets, political donations: Court
Court documents show Sam Bankman-Fried’s forfeited assets include two private jets, a bevy of political donations, and a healthy stake in Robinhood.
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Study: Pump and Dump Schemes Account for $7 Million of Monthly Trade Volume
A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed by researchers Jiahua Xu and Benjamin Livshits at Imperial College London.A pump and dump scheme is a form of securities fraud that has also…
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Coinbase launches Bitcoin-backed loans through Morpho DeFi partnership
Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”
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Ripple Partners With Kyoto University, University of Tokyo for Blockchain Research
Cryptocurrency giant Ripple has partnered with Kyoto University and the University of Tokyo as part of its University Blockchain Research Initiative (UBRI). Ripple announced its new Japanese partnerships in a press release on July 30.Emi Yoshikawa, senior director of global operations at Ripple, noted that there is high interest in blockchain within Japanese academia:“Japan is…
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The Bahamas central bank wants to make its digital ‘Sand Dollar’ global
The Bahamas’ digital currency is currently used domestically. The Central Bank of the Bahamas (CBOB) is planning to make its central bank digital currency project interoperable on the international level.Bobby Chen, CBOB assistant manager of electronic solutions, claimed that the Bahamas’ digital currency — dubbed the “Sand Dollar” — should eventually be interoperable with other…
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Crypto Friendly Regulation Can Help UK Brexit, Says $10 Billion Advisory Giant
The CEO of financial advisory giant deVere Group said positive cryptocurrency regulation should form a central part of the post-Brexit United Kingdom. Nigel Green made the comments in an interview with fintech news outlet Verdict on July 9.DeVere, which has around $10 billion of assets under advice, is concerned the U.K. will end up in…
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Trump win sets path to $100K Bitcoin price — Copper head of research
Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption.
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Staking Coming to Matic on June 15
Matic has unveiled staking will go live in June. 1913 Total views 18 Total shares Matic just announced June launch dates for its staking testnet and mainnet."Staking UI to be publicly available on testnet by 15th June," Matic said Wednesday in a statement on its blog. "Final staking and delegation to foundation nodes on the Matic…
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Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better
Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9.Speaking at the Fluidity Summit conference, Lubin said that “it seems like a really big mess that probably won’t get better. Tether is somewhat important to our ecosystem because it’s used…