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Steep Plunge in Ethereum Price Leads to Bullish Dilemma
October 4, 2023
Ethereum price dips triggered bearish concerns as it tumbled to the $1,600 mark, erasing all established gains. The potential for another downfall persists if it fails to maintain the $1,600 …
Read moreSudden Spike in U.S. Public Debt Raises Concerns about Fiscal Health
October 4, 2023
Quick Overview An alarming disclosure from market analyst Joe Consorti reported a sudden and unprecedented jump in the total U.S. public debt by $275 billion in just one day. This …
Read moreUnusual Transactions Preceded Alameda and FTX Crash, Reveals Investigation
October 4, 2023
A report by Nansen, a blockchain analytics firm, shed new light on the events leading up to the collapse of major cryptocurrency exchange FTX and Alameda Research. Prior to the …
Read moreEx-Hedge Fund Founder's $35 Million Villa Becomes an Eco-Farm
October 4, 2023
A $35 million villa in Singapore, previously owned by Su Zhu, the co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), has been transformed into an eco-farm by …
Read moreDOJ Accuses Crypto Entrepreneur Sam Bankman-Fried of Deception
October 4, 2023
The Department of Justice (DOJ) alleges that prominent crypto entrepreneur Sam Bankman-Fried was involved in deceptive practices, as reported in recent courtroom proceedings. It's claimed he misled inner circles to …
Read morePolygon's Co-founder Jaynti Kanani Takes a Step Back
October 4, 2023
Jaynti Kanani, one of the co-founders of Polygon, has announced his resignation from day-to-day activities of the project, after founding it in 2017 alongside software engineers Sandeep Nailwal, Anurag Arjun …
Read moreBankman-Fried's Crypto Endeavors Join Legal Thunderstorm
October 4, 2023
Bankman-Fried, a formerly influential figure in the crypto world, is facing multiple charges that could lead to a jail sentence of up to 110 years. These allegations raise concerning questions …
Read moreFTX Saga Evolves: Investments Boost Recovery, DOJ Charges Persist
October 4, 2023
The recovery prospects of the now-defunct crypto exchange, FTX, continue to evolve with the announcement of Google's potential $2B investment in artificial intelligence firm Anthropic. The FTX 2.0 Coalition, a …
Read moreInternational Banking Institutions Developing Crypto Tracking System
October 4, 2023
The Bank for International Settlements (BIS) along with several European central banks have commenced the development of a system to monitor international cryptocurrency transactions. The system aims to shed light …
Read moreFirst Day of Bankman-Fried's High-Profile Crypto Trial Wraps Up
October 4, 2023
Day 1 of Sam Bankman-Fried's (SBF) high-profile trial has come to an end with the jury yet to be finalized. SBF, the former CEO of FTX, is under investigation over …
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