Author name: Peter

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The Bankman-Fried Saga: Federal Prosecutor Accuses FTX CEO of Massive Fraud

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A Mountain of Lies In a recent closing argument, federal prosecutor Nicolas Roos accused Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, of stealing billions of dollars from customers and engaging in a series of deceptive actions to cover it up. According to Roos, Bankman-Fried's actions have left a trail of victims in their wake. […]

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JPMorgan Chase CEO Jamie Dimon Warns of Persistent Inflation and Expects More Fed Rate Hikes

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Jamie Dimon Shares Economic Outlook The CEO of JPMorgan Chase, Jamie Dimon, has expressed his concerns about inflation and the government's fiscal and monetary stimulus. In an interview with Yahoo Finance Live, Dimon discussed the U.S. economic outlook and his expectations for future interest rate hikes from the Federal Reserve (Fed). Government Stimulus and Inflation

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Paypal Secures FCA Registration for Crypto Asset Activities in the UK

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Paypal Receives FCA Approval The global payments giant, Paypal, has achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, as confirmed by the FCA's website on October 31. This regulatory milestone comes shortly after Paypal temporarily suspended crypto purchases within the UK, with plans to reinstate these services at the beginning of

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Bitcoin.com’s VERSE Token to Make Groundbreaking Debut on Polygon Network

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Introduction Bitcoin.com, a trailblazer in democratizing cryptocurrency access, is thrilled to announce the upcoming launch of its VERSE token on the Polygon PoS chain. This groundbreaking move follows the Verse community's first-ever direct vote, a process that underscores Bitcoin.com's commitment to community-driven decision-making and amplifies the ethos of decentralization. Why Polygon? The decision to launch

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Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022: Coinshares Report

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The digital asset market closed out October with a surge of optimism, resulting in a remarkable $326 million in fund inflows. According to Coinshares' latest digital asset fund flows report, this marks the largest single-week gain in one and a half years. Record-Breaking Inflows Propel the Digital Asset Market Coinshares' Volume 155 report highlights the

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Onyx Protocol Suffers $2.1M Loss in Defi Breach, Funds Redirected to Tornado Cash

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Introduction Onyx Protocol, a decentralized finance (defi) platform, has recently experienced a security breach resulting in a loss of $2.1 million. This attack involved a "precision loss" vulnerability and a flash loan, which allowed the attackers to drain a significant amount of ETH and ERC20 tokens from the platform. Despite this breach, the platform's native

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MetaBID: Revolutionizing Blockchain Auctions for the Future

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MetaBID, the groundbreaking auction platform, is set to launch its first auctions on November 4, 2023. By harnessing the power of blockchain technology, MetaBID provides a secure and transparent environment for users to participate in thrilling auctions and win highly sought-after digital assets at incredible prices. Introducing MetaBID MetaBID is an emerging auction platform driven

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Bitcoin, Ethereum Technical Analysis: Market Holds Its Breath for Fed’s Upcoming Policy Decision

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Bitcoin and Ethereum Show Divergent Paths Navigating Uncertain Waters As November 2023 unfolds, the crypto economy is buzzing with market activity, showcasing a striking performance from bitcoin (BTC) alongside a steady progression from ethereum (ETH). Crypto markets are calm and consolidated at the moment, as market observers and traders wait for the news stemming from

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Judge Urges SEC Decision on Transforming Celsius Network into Bitcoin Mining Firm

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New York Judge Calls for Expedited SEC Decision America's securities regulator, the U.S. Securities and Exchange Commission (SEC), has been urged to quickly decide on a proposal to transform Celsius Network, a bankrupt cryptocurrency lender, into a bitcoin mining firm. Judge Martin Glenn, who oversees the bankruptcy proceedings of Celsius, called on the SEC to

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