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Update on Day 2 of Sam Bankman-Fried Trial: Focus on Jury Selection
October 5, 2023
The proceedings of the trial regarding Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, advanced into its second day with the conclusion of the jury selection. The jury is composed …
Read moreScammer Steals $385K in Ether Amid Surge in Friend.tech SIM-Swap Attacks
October 5, 2023
Ethereum thefts are on the rise as a single scammer reportedly managed to steal $385,000 worth of Ether in a 24-hour period amid a recent surge of SIM-swap hacks targeting …
Read moreBitcoin Miners Record Increased Output Amid Positive October Trends
October 5, 2023
Major bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark reported a significant increase in Bitcoin production in September, resulting in a small boost in share prices on Oct. 4. Marathon …
Read moreHong Kong Crypto Regulation Tightened Amid Scout for Illegal Exchange Activities
October 5, 2023
In the wake of crypto scandals and unregulated activities, The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a crypto-focused task force. This move …
Read moreUnderlying Risks in Complex Operations: How Lack of Transparency Can Cause Financial Instability in Crypto Space
October 5, 2023
As the crypto economy continues to grow and expand, risks and threats that are often overlooked emerge and can potentially spiral into major financial disasters. A stark example of this …
Read moreTech Giants Google and LinkedIn Ramp Up AI Features
October 5, 2023
Google has announced the incorporation of its artificial intelligence (AI) chat service, Bard, into two of its flagship products, Android and Google Assistant, while LinkedIn, a Microsoft-owned platform, will deploy …
Read moreXRP Price Surge Expected Following Ripple CEO's Cryptic Tattoo and Recent Legal Victory
October 4, 2023
Interest around XRP price action has heightened following speculation induced by a tattoo revealed by Ripple CEO, Brad Garlinghouse. The tattoo, revealed at a July celebratory event following Ripple's successful …
Read moreChainlink Creator Foresees $10 Trillion Crypto Market Cap Amid Banking Sector Collapse
October 4, 2023
Chainlink’s co-founder, Sergey Nazarov, in a recent interview expressed that the potential downfall of traditional banking systems may accelerate mass adoption of cryptocurrency. Nazarov foresees two scenarios for crypto and …
Read moreSteep 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 …
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