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Upcoming Trial Sheds Light on FTX Exchange's Global Impact

September 29, 2023

The trial of FTX's founder, Sam Bankman-Fried (SBF), is slated to begin from 4th October and is expected to last until the 9th of November according to the newly released …

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Valkyrie Delays Ethereum Futures Purchases Until Further Approval

September 29, 2023

In a sudden shift of strategy, asset management firm Valkyrie has announced postponement of its Ethereum (ETH) futures contracts purchases for its Bitcoin Strategy ETF until the verification of a …

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Co-Founder of Collapsed Crypto Fund Three Arrows Capital, Su Zhu, Arrested

September 29, 2023

Three Arrows Capital's (3AC) co-founder, Su Zhu, has been arrested in Singapore. This development follows his failure to comply during the firm's bankruptcy proceedings. He was apprehended at Singapore's Changi …

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Spot Bitcoin ETF Applications Face Further Delays by SEC

September 29, 2023

Despite a wave of anticipation, the US Securities and Exchange Commission (SEC) has embarked on another round of delays on multiple Spot Bitcoin ETF applications, including that of BlackRock, the …

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Circle Argues Stablecoins aren't Securities in Binance's SEC Case

September 29, 2023

US-based company Circle has joined the highly publicized United States Securities and Exchange Commission's (SEC) case against the prominent cryptocurrency exchange, Binance (Binance Official Site). Circle, known for being the …

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Epic Games Cuts 16% Staff due to High Metaverse Ambitions

September 29, 2023

Epic Games, the creator of Fortnite, has let go 16% of its workforce, equivalent to 830 staff members. The company cited unrealistic transitions to revenue from metaverse-driven operations led it …

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French Authorities Investigate Nvidia Amid Suspected Anti-Competitive Practices

September 29, 2023

Recent reports have unveiled an emergent concern around tech giant Nvidia seizing monopolistic tendencies within the graphics card industry. Legal authorities in France have intervened via an announced raid at …

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Learn Concept: Understanding the Crypto Futures Market

September 29, 2023

The advent of cryptocurrency futures contracts is a significant breakthrough in the digital trading marketplace, opening new pathways for growth. Particularly, the recent introduction of perpetual futures trading for non-US …

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Ripple Calls Off Acquisition of Fortress Trust Following Security Breach Revelation

September 28, 2023

Fortress Trust's previously planned acquisition by Ripple has been ultimately scrapped, as indicated by official statements made last week. Ripple's CEO, Brad Garlinghouse, revealed that the firm had reversed its …

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Sam Bankman-Fried Denied Temporary Release Ahead of Fraud Trial

September 28, 2023

The former FTX CEO, Sam Bankman-Fried, has been denied temporary release from jail before his imminent criminal trial set to begin next week. Despite multiple attempts from his legal team …

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