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Former FTX CEO Faces Accusations in Court over Misappropriation Allegations
October 11, 2023
The trial of former FTX CEO, Sam Bankman-Fried (SBF), featured pivotal testimony from his ex-girlfriend and former Alameda Research CEO, Caroline Ellison. Ellison was presented as the prosecution's star witness, …
Read moreFTX's Founder Considered Shutting Down Alameda Prior to Bankruptcy, Unpublished Posts Reveal
October 11, 2023
An unpublished post discovered amidst fraud proceedings reveals embattled FTX founder Sam Bankman-Fried's intentions to shut down his other company, Alameda Research, citing its association with FTX as too burdening …
Read moreInvestigation into Co-Founder's Alameda Loan Deals Continues
October 11, 2023
Recent developments in the case against Sam Bankman-Fried's legal defence has drawn attention to the extent of influence Wang's legal advice may have had on his decision to sign off …
Read moreAmazon Web Services and Immutable Partner for Web3 Gaming Expansion
October 11, 2023
Web3 gaming platform Immutable has announced its partnership with Amazon Web Services (AWS) as part of AWS's startup accelerator programs. The collaboration will provide game developers with extended options and …
Read moreBitcoin's Lightning Network Experiences Remarkable Growth Over Two Years
October 11, 2023
According to recent reports, Bitcoin's layer-2 solution, the Lightning Network, has witnessed an astounding growth of 1,212% over the past two years. Reports suggest that this increase in Lightning usage …
Read moreBinance CEO and Executives Possibly Face Indictment in Brazil
October 11, 2023
As per recent developments, a Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng Zhao along with three other company executives. The decision to follow through with the …
Read moreLearn Concept: Impact of Kleptographic Attacks on Crypto Exchanges
October 11, 2023
OverviewIn the ever-evolving field of cryptography, one of the advanced threats crypto exchanges face today is kleptographic attacks, a sophisticated and hard-to-detect type of cryptographic attack. In the recent news, …
Read moreBitcoin Addresses Awaken, BTC Holds Strong Over $27,000 Amid Market Uncertainty
October 10, 2023
Bitcoin continues to make news with dormant wallets coming to life and price hovering over $27,000 mark. An inactive Bitcoin wallet, known as '17TZNT', recently drew attention by moving BTC …
Read moreIncreasing Hash Rate Indicates Miners' Confidence near the Halving; Leading Miner Hut 8 Holds BTC
October 10, 2023
Overview As the forthcoming 2024 halving for Bitcoin approaches, recent data sheds light on interesting trends. The primary Bitcoin network health indicator, the hash rate, is exceeding 400 exahashes per …
Read moreBillionaire Paul Tudor Jones Voices Concerns for U.S. Fiscal Position Amid Geopolitical Tensions
October 10, 2023
Billionaire hedge fund manager and Tudor Investment Corporation founder, Paul Tudor Jones, has recently expressed significant concerns regarding the current state of the U.S. stock market. Jones emphasized on escalating …
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