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Legal

SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds

The tenth day of SBF's trial mainly revolved around the cross examination of Nishad Singh, who revealed further details about the infamous software bug that led to the $8 billion discrepancy in Alameda's accounts.

Assad Jafri 5 min read 3 years ago

Legal

Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests

A spreadsheet detailing the recipients of gifts and donations from SBF and his associates was presented at trial today.

3 min read 3 years ago

Tokenization

Reddit ends blockchain Community Points; says there’s ‘no path to scaling it’

The team also cited an uncertain regulatory environment as reason for pulling back on the project.

2 min read 3 years ago

Hacks FTM -0.71%

Fantom Foundation confirms $550K loss in broader $7M attack

While the Foundation's losses were relatively mild, one Fantom employee alone may have lost $3.4 million.

2 min read 3 years ago

CBDCs

Fed Governor Michelle Bowman expresses central bank’s skepticism of CBDCs

Fears of a U.S. CBDC may be unfounded, as the central bank itself hardly seems persuaded of the benefits.

3 min read 3 years ago

U.S. tech giants add $2.4 trillion to market cap in 2023

The explosion in market value has been fueled in part by widespread enthusiasm for generative AI.

2 min read 3 years ago

Rumors

Ripple job posting stirs new rumors about company’s IPO plans

Ripple's CEO Brad Garlinghouse previously suggested that the company might go public after its case with the U.S. SEC has concluded.

2 min read 3 years ago

Web3

Young entrepreneurs to launch decentralized storage solution hello.app to take on centralized cloud giants

hello.app harnesses blockchain technology to deliver heightened security, data privacy, and user control.

2 min read 3 years ago

ETF BTC +6.09%

Crypto community debates if fake approval news can hurt Bitcoin ETF chances

The SEC had always rejected spot Bitcoin ETF applications because they were susceptible to manipulation.

3 min read 3 years ago

Lightning

Lightning Network transactions increased by 1,212% in two years

Surge in lightning network transactions and volume underscores maturing second-layer solution.

3 min read 3 years ago

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Crypto News

SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds

Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests

Reddit ends blockchain Community Points; says there’s ‘no path to scaling it’

Fantom Foundation confirms $550K loss in broader $7M attack

Fed Governor Michelle Bowman expresses central bank’s skepticism of CBDCs

U.S. tech giants add $2.4 trillion to market cap in 2023

Ripple job posting stirs new rumors about company’s IPO plans

Young entrepreneurs to launch decentralized storage solution hello.app to take on centralized cloud giants

Crypto community debates if fake approval news can hurt Bitcoin ETF chances

Lightning Network transactions increased by 1,212% in two years

Crypto News

SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds

Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests

Reddit ends blockchain Community Points; says there’s ‘no path to scaling it’

Fantom Foundation confirms $550K loss in broader $7M attack

Fed Governor Michelle Bowman expresses central bank’s skepticism of CBDCs

U.S. tech giants add $2.4 trillion to market cap in 2023

Ripple job posting stirs new rumors about company’s IPO plans

Young entrepreneurs to launch decentralized storage solution hello.app to take on centralized cloud giants

Crypto community debates if fake approval news can hurt Bitcoin ETF chances

Lightning Network transactions increased by 1,212% in two years

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