Amidst ongoing legal proceedings, new testimonies have emerged against Sam Bankman-Fried (SBF) and his operations. A former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya Baradwaj, the individual in question, has provided a detailed account of […]
Avalanche-based social app Stars Arena has successfully recovered the majority of its lost assets following a recent security breach. The hacker responsible for the breach agreed to return the stolen $2.9 million in AVAX tokens in exchange for a 10% bounty and 1,000 AVAX lost in a bridge. Stars Arena had previously experienced an attempted […]
Kara Szabo, a crypto influencer, has challenged Canadian billionaire Calvin Ayre to a $100 million bet if he can prove that Craig Wright is the creator of Bitcoin, Satoshi Nakamoto. Ayre responded by stating that Wright’s “domain knowledge and Patent portfolio” were enough for him, and that “history will not be kind” to Szabo. The […]
Following the recent events in Israel, there have been reports in mainstream media about the alleged connection between Bitcoin and crypto donations to Hamas, a terrorist group. It is claimed that Hamas has raised over $100 million in donations using digital assets. However, there are nuances to this situation that suggest Bitcoin and cryptocurrencies may […]
Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are revolutionizing the cryptocurrency industry with their innovative approaches. Bitcoin Spark, a new Bitcoin fork, aims to overcome the limitations of Bitcoin while maintaining its fixed supply of 21 million coins. It offers rapid transactions, low gas fees, and a scalable platform for smart contracts […]
A former engineer at Alameda Research, the sister hedge fund of FTX, has alleged that the firm suffered losses of over $190 million due to preventable scams. Aditya Baradwaj, the whistleblower, highlighted the frequent security incidents resulting from the company’s fast-paced operations. Baradwaj documented these allegations in a post titled “The Hacks” on the platform […]
Anonymous hackers have been moving stolen assets from the now-defunct exchange FTX, coinciding with the ongoing trial of FTX founder Sam Bankman-Fried. Blockchain analytics firm Elliptic reported that 72,500 Ether (ETH) worth $1,544 has been awakened for the first time since the exchange was hacked in November 2022. The thief has converted $120 million worth […]
Fox Business journalist and producer Eleanor Terrett has gained popularity in the crypto community for her coverage of the SEC v. Ripple case. With a focus on the legal and regulatory aspects of cryptocurrency, Terrett closely monitors developments in Washington. She keeps herself informed by following influential figures in the US government and CEOs of […]
Edward Snowden, a well-known advocate for cryptocurrency, recently spoke at the BTC Conference and shared his thoughts on Bitcoin. He urged investors to look beyond the price of the asset and focus on its actual use cases. Snowden highlighted the issue of lack of real anonymity in Bitcoin, making it easy for governments to track […]
Caroline Ellison, the former CEO of Alameda Research, testified against her ex-boyfriend and former boss, Sam Bankman-Fried, in a high-profile trial. Ellison tearfully recounted the downfall of her hedge fund and the FTX exchange, expressing relief that the truth about their fraudulent activities had come to light. She described feeling immense guilt for the employees […]
