Disgraced crypto entrepreneur Sam Bankman-Fried (SBF) faces a hefty 25-year prison sentence for masterminding the spectacular collapse of his FTX exchange, a Manhattan court ruled on Thursday. The sentence, though significant, represents…
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FTX Founder Sam Bankman-Fried Gets 25 Years Prison Sentence – Details
Disgraced crypto entrepreneur Sam Bankman-Fried (SBF) faces a hefty 25-year prison sentence for masterminding the spectacular collapse of his FTX exchange, a Manhattan court ruled on Thursday. The sentence, though significant, represents…
From Ordinals To Runes: Bitcoin’s Major Update Arrives With Halving
On Thursday, Bitcoin Ordinals founder Casey Rodarmor unveiled the documentation for a new Bitcoin-native digital commodities protocol known as Runes. This groundbreaking update is set to coincide with Bitcoin’s upcoming halving, marking…
Indonesia: Crypto Products Required To Pass On Regulatory Sandbox After New Rule
Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s…
Sam Bankman-Fried might get early release, suggest legal experts
Despite the 25-year sentence, there have been talks that under state law, FTX’s former CEO could receive a reduced sentence.
ETHFI price soared up to 150% this week; but why?
The stellar rise of ETHFI’s price can be tied to investor optimism and strong fundamentals, Modular Crypto co-founder weighs in.
Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details
Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that…
Bitcoin Difficulty Drops: Miners Hesitant To Expand Ahead Of Halving?
On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty”…
Bitwise joins the race for a spot Ethereum ETF in its latest filing
The company is behind BITB, the fourth largest ETF by BTC under management, with over 30,000 BTC in holdings.
Shiba Inu Lead Dev Tells Ethereum Founder, ‘It’s Just The Start’, Here’s Why
Shiba Inu (SHIB) lead developer, Shytoshi Kusama, recently told Ethereum’s co-founder Vitalik Buterin that he should expect more improvement from the SHIB ecosystem soon. This comes in response to Vitalik’s comment in…