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Sam Bankman-Fried's Defense Finds Fraud Trial Unwinnable
December 12, 2023
Sam Bankman-Fried's defense led by Professor David Mills of Stanford University Law School reveals that the recently concluded fraud trial was nearly an 'impossible win'. This admission came in the …
Read moreCrypto Exchange KuCoin Settles New York Lawsuit for $22M
December 12, 2023
Crypto exchange, KuCoin has come to an agreement to pay $22 million to settle a lawsuit filed by the office of the New York State Attorney General. In addition, as …
Read moreAvalanche Makes Notable Weekly Gains While Bucking the Crypto Decline
December 12, 2023
The AVAX token by Avalanche overcame recent downturns in the cryptocurrency market to post an impressive 79% boost this week, whereas other major cryptocurrencies slipped. Analysts attribute this performance to …
Read moreFTX Contests IRS's $24 Billion Tax Bill, Claims Adverse Impact on Victims Recovery
December 12, 2023
A colossal $24 billion tax bill proposed by the United States Internal Revenue Service (IRS) is being disputed by bankrupt crypto exchange FTX. The firm asserts that it has “never …
Read moreChina Initiates Blockchain-Based Platform, RealDID for Privacy-Centered Digital Identity
December 12, 2023
China has announced the launch of a new blockchain-based service, RealDID aimed at balancing real-name identification with user anonymity. The service, announced on Dec. 12, is the product of collaboration …
Read moreCrypto Market Dips: Opportunity for Bulls or Concern for Traders?
December 12, 2023
Today witnessed a flash crash in Bitcoin, dropping to as low as $40,400 before staging a rebound. Besides stirring up marketing sentiment, these swift market movements also resulted in significant …
Read moreEl Salvador's 'Volcano Bond' Approved for Q1 2024 Launch
December 12, 2023
Marking a significant event in the crypto world, El Salvador's anticipated Bitcoin bonds, colloquially known as the 'Volcano Bonds', have recently received regulatory approval.Approval was granted by the country's Digital …
Read moreNvidia's AI Chip Exports Under U.S. Scrutiny Amid Expansion Plans in Vietnam
December 12, 2023
The U.S. government is inspecting three artificial intelligence (AI) chips developed by Nvidia Corp for the Chinese market to ensure their compliance with recent export regulations, as stated by U.S. …
Read moreLearn Concept: Understanding the Impact of User Alienation in Web3 Companies
December 12, 2023
In the rapid technology evolution, the success or failure of a product often relies heavily on understanding the consumer. This concept applies not only to traditional tech companies but also …
Read moreSignificant Crypto Investment Prepares to Target Animoca Brands and Chainalysis
December 12, 2023
The C1 Secondaries Fund is currently setting its sights on investment opportunities within the sphere of cryptocurrency. The fund, which is financially backed up to the tune of $500 million, …
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