Sam Bankman-Fried Seeks to Limit Government Witnesses in FTX Trial
Sam Bankman-Fried, a former cryptocurrency executive, is facing multiple fraud charges following the bankruptcy of his company FTX. He is seeking to limit the government’s...
Ripple Abandons Fortress Trust Acquisition, Chooses to Retain Investment Stake
Ripple has decided to reverse its planned acquisition of Fortress Trust, a subsidiary of Fortress Blockchain Technologies that offers wallet and payment services. Less than...
What Historically Happens to Bitcoin During a US Government Shutdown?
Bitcoin is a digital asset that is well-known for its durability and independence from traditional financial systems. However, even this decentralized powerhouse is vulnerable to...
Fireblocks’ $10 Million Acquisition to Enhance Tokenization Services
Blockchain unicorn Fireblocks has made a strategic move by acquiring Australia-based BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for...
VanEck Embraces Ethereum Futures with New ETF Promising Tax Benefits
VanEck is stepping into the Ethereum blockchain with the launch of VanEck Ethereum Strategy ETF (EFUT). This ETF, structured as a C-Corp, is aimed at...
September Crypto Carnage: A Month of Devastating Exploits and Losses
The cryptocurrency world is dealing with a very concerning trend. In September 2023, a staggering $329.8 million was stolen in crypto-related exploits, emerging as the...
Is a Grayscale Spot Bitcoin ETF Likely to Happen?
The financial industry has been buzzing over the prospect of a Grayscale Bitcoin Exchange-Traded Fund (ETF). Grayscale Investments is well-known for its Grayscale Bitcoin Trust...
Sam Bankman-Fried Faces Trial as Former Colleagues Take the Stand against Him
FTX’s Founder, Sam Bankman-Fried, is set to stand trial tomorrow (Tuesday). He faces charges related to the crypto exchange’s collapse and the alleged misappropriation of...
Crackdown on Crypto Continues: CFTC Busts Cryptobravos
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against individuals and entities associated with Cryptobravos. It has accused them of a...
Sam Bankman-Fried’s Legal Battle Begins: Inside the $8 Billion Trial
In New York City, a monumental legal tussle is unfolding. Sam Bankman-Fried, once hailed as a cryptocurrency titan with a net worth of $26 billion,...