In a recent Twitter thread, Conor Grogan, Coinbase’s director of product strategy and business operations, has shed light on how Alameda Research, a trading firm associated with FTX, played a significant role in the dominance of Tether’s USDT stablecoin. Grogan’s on-chain analysis revealed that Alameda minted a staggering $39.55 billion worth of USDT, accounting for […]
Charles Hoskinson, the creator of Cardano, has criticized the media’s favorable portrayal of Sam Bankman-Fried (SBF), the founder of FTX, who is currently facing a criminal trial. Hoskinson referred to SBF as “the Bernie Madoff of my generation” and expressed disapproval of the elite support he has received, particularly in a new book by Michael […]
Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter of cryptocurrency and aims to make America the global hub for digital currencies, particularly Bitcoin. He has proposed backing the USD […]
In the ongoing trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, his lead attorney argued that the firm’s former CEO, Sam Bankman-Fried, was responsible for the company’s financial troubles. According to the attorney, Bankman-Fried had advised the CEO to put on a hedge, but she failed to do so, leading to dire consequences […]
The fate of the digital assets bills currently being considered in the House remains uncertain. It is possible that these bills may not make any progress for the remainder of the year, which is a common outcome for many bills in this Congress. Alternatively, they may receive floor votes and even secure victories in the […]
TYRION, a decentralized advertising platform, has launched its blockchain advertising technology, aiming to revolutionize the digital marketing industry. The platform addresses challenges such as lack of transparency, data privacy concerns, declining ROI, and fraud by offering a decentralized solution that fosters trust, transparency, user empowerment, and reward. At the core of the platform is the […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move highlights TYRION’s commitment to leveraging cutting-edge technology to offer transparent, efficient, and innovative advertising solutions. Base Chain’s scalability, security, and efficiency align perfectly with TYRION’s mission to revolutionize the $377 billion digital advertising […]
The second week of the Sam “SBF” Bankman-Fried FTX fraud trial is set to begin on Monday, Oct. 9, with a focus on the testimony of Caroline Ellison, the former romantic partner of SBF and CEO of FTX-tied Alameda Research. Ellison is expected to provide details about the movement of customer funds between the two […]
More revelations have emerged during the trial of former FTX CEO, Sam Bankman-Fried, shedding light on alleged illegal activities within FTX and its sister company, Alameda Research. According to the Wall Street Journal, FTX offered to pay $5 million to LedgerX Chief Risk Officer, Julie Schoening, who had discovered a backdoor that allowed Bankman-Fried to […]
Gary Wang, the co-founder and CTO of FTX, has provided damaging testimony during the ongoing trial of Sam Bankman-Fried. Wang revealed that FTX’s $100 million insurance fund for 2021 was a fabrication and did not hold any of the exchange’s FTT tokens as claimed. This testimony aligns with the suspicions of the cryptocurrency community, who […]
