Crypto King's Downfall
Federal prosecutors reject Sam Bankman-Fried's defense claims and maintain criminal charges for alleged investor theft in his cryptocurrency fund.
Following his December extradition from the Bahamas, Sam Bankman-Fried, 31, ha...
Revolutionizing trading
Entrepreneur Yat Siu's CoinDesk article highlights the significance of decentralization and open-source innovation, particularly in the context of blockchain protocols. These are seen as essential com...
Scandal with cryptocurrency and celebrities
The US SEC has filed a legal case against Chinese entrepreneur Justin Sun and his 3 enterprises. The complaint asserts that Sun's businesses traded Tronix (TRX) and ...
Letter for the bank
Senator Elizabeth Warren has written a letter to the CEO of Signature Bank, Joseph DePaolo, demanding answers for what she claims to be the bank's "excessive risk-taking" and promotion of a "get-rich-quick narrative" during its e...
Donations to politicians
Federal prosecutors in New York are gathering information regarding donations made by Sam Bankman-Fried, founder and former CEO of bankrupt cryptocurrency exchange FTX, to US politicians. This was reported by The New Yo...
FTX exchange founder's fortune
Sam Bankman-Fried, founder of cryptocurrency exchange FTX, which is going through bankruptcy proceedings, said he only had $100k left in his bank account, although his fortune was once valued at $26.5bn....
Stock market on Wednesday
Major US stock exchanges are down on Wednesday amid the first results of the midterm elections for the US Congress. This is evidenced by data from the New York Stock Exchange.
The Dow Jones Industrial Average is down 276.8...
Before the account was frozen
Cryptocurrency (СС) lender Celsius filed for bankruptcy in July amid a collapse in the cryptocurrency market. Its founder and Chief Executive Officer Alex Mashinsky also stepped down t...
The company's results
Coinbase (NASDAQ: COIN) quarterly report showed a drop on users, trading volumes and market share. The crypto-exchange is clearly in crisis. Coinbase gave a pessimistic outlook, despite its partnership with BlackRock.
The seco...
Cryptocurrency project
Meta (the owner of Facebook) sold its Diem project (formerly Libra) to Silvergate Bank. The corporation planned to launch its own cryptocurrency under this struc...
NFT token trading
The value of OpenSea, the largest non-fungible token (NFT) trading platform, has reached the $13.3 billion mark, with investors putting up $300 million in its latest round of fundraising, co-founder Devin Finzer wrote in a blog pos...
Tesla and cryptocurrency
Tesla has announced that it will accept Dogecoin cryptocurrency as payment for certain goods. The company has announced it will accept Dogecoin cryptocurrency as payment for&...
Doubling revenues
Shares in Robinhood fell 12% as a forecast slowdown in trading in the current quarter outweighed news that the company doubled its earnings in Q2.
Online trading company Robinhood (HOOD) rep...
Coinbase's profits
Cryptocurrency exchange Coinbase (COIN) reported growth in profits, trading volumes and user numbers, despite the bitcoin price dropping about 41% in the quarter. Coinbase expects trading volumes on i...
Petition rejection
The US Securities and Exchange Commission (SEC) has filed a motion to dismiss Ripple's XRP token holders application. The document has been sent to the Rhode Island District Court.
In early January 2021, a group of investors dema...
SEC filing
Shares in Coinbase, one of the world's largest cryptocurrency exchanges, could soon be available on NASDAQ as the company has applied for a direct listing instead of an IPO.
Coinbase's li...
Bitcoin declines
After a long period of growth, bitcoin and other digital coins began to lose ground on Monday, causing the cryptocurrency market to lose more than $170 billion in capitalisation overnight...
Cryptocurrency fever
When the video card market was hit by the first cryptocurrency boom in history, NVIDIA long questioned how to calculate miners contribution to the company's revenue in the gaming space.
Stale Pascal generation chips then had to...
Bitcoin breaks records
Bitcoin has returned to frenzied growth and has broken all past records this winter, having fully recovered from the staggering drop of two years ago. Since the beginning of the year, the digital currency has hit an all-time h...
Large BTC outflow
A record daily bitcoin (BTC) outflow from cryptocurrency exchanges is causing optimism that the price of the largest cryptocurrency by market capitalisation will continue its parabolic rise.
Bitcoin has risen more than 1...
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