Tag: News

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Bankman-Fried’s Memory Fails Him in Court as Prosecution Delves Into Alameda’s Preferential Treatment

November 1, 2023

Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part of the day, with Bankman-Fried often struggling to recollect particular remarks he had uttered and specific instructions he allegedly issued to his quantitative trading firm, Alameda Research. FTX Founder Grapples…
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Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law

November 1, 2023

Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust Ties In an addendum to earlier requests, Sam Bankman-Fried‘s attorneys argue that under English law, which governs FTX’s terms…
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Betpanda Review, Bonuses & Promo Codes 2023

October 31, 2023

Betpanda is a popular cryptocurrency casino that offers instant Bitcoin payouts, thousands of games, and anonymous accounts. This Betpanda Review takes a deep dive into the casino, exploring everything there is to know. Read on to determine whether Betpand is the right gambling platform for you. What is Betpanda? Betpanda is an online casino that…
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Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022

October 31, 2023

While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars Higher With Record-Breaking Inflows This week’s Coinshares report, Volume…
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Animoca Brands Acquires Decentralized Streaming Platform Azarus

October 31, 2023

Animoca Brands, a Web3 blockchain games company, has announced the acquisition of Azarus, a blockchain-powered, decentralized streaming platform. The move seeks to expand the reach of both companies and create a joint environment where creators, players, and streamers can benefit from their activities, unlocking new sources of revenue for all. Animoca Brands Acquires Azarus Animoca…
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US Crypto Exchange Bittrex Receives Bankruptcy Nod to Cease its Operations

October 31, 2023

Source: Depositphotos A Delaware court judge approved the Chapter 11 plan of Seattle-based cryptocurrency exchange Bittrex on Monday to cease its operations. In April, the US Securities and Exchange Commission (SEC) charged Bittrex, its co-founder and former CEO William Shihara. Bittrex faced allegations of operating an unregistered national securities exchange, broker and clearing agency. The…
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South Korea’s New Crypto Crime Investigation Unit Is Already ‘Overloaded’

October 31, 2023

Source: leungchopan/Adobe A South Korean prosecution unit dedicated to investigating crypto crime is already “overloaded” with cases, just over a year after launching. The unit operates as part of the Seoul Southern District Prosecutors’ Office and was formerly known as the Financial and Securities Crime Coalition Team. The team is also known as the Yeoido…
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Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It

October 31, 2023

A recent report issued by the Bank of Spain that inquires about how Spaniards use cash for payments has revealed the low degree of confidence they have in a hypothetical digital euro. 65% of the citizens surveyed reported that they would not use the digital euro as they feel comfortable with the payment options available…
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Bitcoin Price Prediction as October Gains Reach 30%: Is 2023’s Bull Market Finally Here?

October 30, 2023

October witnesses Bitcoin‘s impressive 30% surge, leading many to wonder if the anticipated 2023 bull market has finally arrived. Maintaining stability over the weekend, Bitcoin (BTC) held its ground at $34,000. The crypto sphere’s Fear & Greed Index, a barometer of investor sentiment, registered a notable 72 on Monday, hinting at prevailing greed in the…
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Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving

October 30, 2023

About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have been exacerbated by a persistent lack of liquidity. Crypto Exodus: Over $2…
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