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Binance founder CZ’s wealth has fallen by $12 billion, while SBF remains at $0

Binance founder CZ’s wealth has fallen by $12 billion, while SBF remains at $0

Binance co-founder and CEO Changpeng “CZ” Zhao saw his net worth decline by $11.9 billion amid declining trading volumes on his exchange. On October 26, the Bloomberg Billionaires Index lowered Binance’s revenue estimates by 38% amid a decline in...

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Bitcoin (BTC) price drops 2% as Dogecoin (DOGE) and Pepcoin (PEPE) prices rise

Bitcoin (BTC) price drops 2% as Dogecoin (DOGE) and Pepcoin (PEPE) prices rise

“The fifth Bitcoin bull market appears to be driven primarily by expectations of institutional adoption,” the report said. “The characteristics of Bitcoin, which has traditionally been tied to assets such as gold and other safe investments such as Treasuries,...

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Sam Bankman Fried Believes ‘Taking FTX Deposits Through Alameda Was Legal’: Report

Sam Bankman Fried Believes ‘Taking FTX Deposits Through Alameda Was Legal’: Report

Sam “SBF” Bankman-Fried, former CEO of FTX, addressed a New York courtroom under oath without the 12-member jury present. According to reports from the courtroom on October 26, the highly anticipated SBF testimony Launched In a hearing with defense...

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The UK Parliament has passed a bill to make it easier to seize cryptocurrencies linked to crime and terrorism

The UK Parliament has passed a bill to make it easier to seize cryptocurrencies linked to crime and terrorism

The draft Economic Crime and Corporate Transparency Bill covers a range of criminal activities from drug smuggling to cybercrime, and is expected to receive the King’s approval on Thursday to enter into force. Provisions in the bill give broader...

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