“I believed the money came from Alameda’s operating profits” as well as from outside lenders, he testified Friday in the fraud and conspiracy trial.
Layer 1 blockchain and Ethereum rival Solana saw its native SOL token rise above $32 this week, as asset management firm VanEck forecasts further price gains and shares price forecasts. In a report, VanEck outlined various valuation scenarios for...
Bitfinex has recently come under scrutiny. The Financial Conduct Authority (FCA) raised concerns about cryptocurrency exchanges today (Friday), warning investors of the potential risks associated with them. The regulator stated that Bitfinex may be promoting financial services or products...
The cryptocurrency known as Injective (INJ) showed a notable price increase, exceeding 900% since the beginning of the year, even in the face of the general downtrend in the cryptocurrency market. INJ price remained unaffected by the widespread consolidation...
Sam Bankman-Fried rejected requests for help from Barry Silbert and Celsius, and former FTX CEO testifies at his trial
The Wall Street Journal (WSJ) has partially corrected an article that mischaracterized the extent to which Hamas and other militant groups fund their terrorist activities with cryptocurrencies. The article published on October 10 — titled “Hamas militants behind Israeli...
Sam Bankman Fried (SBF) faced the jury yesterday (Friday) and admitted the wide-ranging fallout when the FTX cryptocurrency exchange, which he co-founded, collapsed. BBC It was reported that the 31-year-old businessman, who is accused of defrauding investors and embezzling...
Bitcoin price stands firm around the critical $34,000 area, indicating further upside potential. However, market analysts are wondering whether there is enough evidence to point to the upside or whether Bitcoin will return to the $20,000 level. As of...
The latest blockchain technology upgrades, financing announcements and deals. For the week of October 16-22, with live updates throughout.
The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried heard the former FTX CEO’s testimony for the first time, which largely included denying knowledge of fraudulent activities at the cryptocurrency exchange. According to reports from a New York...