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2 years, 1 month ago
Alameda Research CEO Reveals Fraudulent Activities in SBF Trial: Key Insights Uncovered
Alameda Research CEO Caroline Ellison’s testimony in the SBF trial has revealed shocking details about fraud and mismanagement within the company. Ellison admitted to committing fraud under the direction of Sam B…
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2 years, 1 month agoFormer Alameda Research CEO Testifies to $14 Billion Crypto Fraud Scheme Led by Ex-Boyfriend
Former Alameda Research CEO Caroline Ellison testified in court, admitting to committing fraud alongside her ex-boyfriend, Sam Bankman-Fried. Ellison claimed that at Bankman-Fried’s direction, Alameda used over $…
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2 years, 1 month agoFTX Founder Seeks Clarity on Lawyers' Role in $200 Million Sham
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is seeking to shed light on the involvement of lawyers in a legal battle involving his hedge fund arm, Alameda Research. Bankman-Fried’s attorneys a…
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2 years, 1 month agoBitcoin and Ethereum Integration: Unlocking Real-World Use Cases and Bridging the Gap
Bitcoin’s potential for real-world use cases and increased adoption and utility lies in its connection to the Ethereum Virtual Machine (EVM), according to Willem Schroé, the founder of cross-chain infrastructure fi…
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2 years, 1 month agoBitcoin Development Group Proposes BitVM to Enhance Bitcoin's Functionality
Robert Linus, project lead at Bitcoin development group ZeroSync, has proposed a new system called BitVM that would allow developers to perform complex computations on the Bitcoin network. Unlike other proposals,…
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2 years, 1 month agoBinance CEO and Executives Face Possible Indictments in Brazil for Fraud and Securities Violations
A Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng Zhao and three other executives for fraud and securities violations. The decision to press charges now rests with the…
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2 years, 1 month agoIsraeli Law Enforcement and Binance Collaborate to Freeze Crypto Funds Linked to Hamas
Israeli law enforcement, in collaboration with Binance, the world’s largest cryptocurrency exchange, has launched an operation to freeze crypto addresses associated with the terrorist group Hamas. The operation w…
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2 years, 1 month agoBitcoin Whale Moves $80 Million Worth of BTC After Years of Inactivity
A Bitcoin whale, who had been holding onto their coins since 2017, has suddenly moved 3,000 BTC worth over $80 million. This mysterious entity had been accumulating Bitcoin since 2016, acquiring 3301 BTC in May of…
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2 years, 1 month agoTrader Joe's Files Lawsuit Against DeFi Platform for IP Infringement
The popular U.S. grocery store chain, Trader Joe’s, has filed a lawsuit against a cryptocurrency-based DeFi platform called Trader Joe. The grocery chain alleges that the platform named itself after the s…
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2 years, 1 month agoIsraeli Authorities Freeze Cryptocurrency Accounts Linked to Hamas in Collaboration with Binance
Israeli authorities have collaborated with cryptocurrency exchange Binance to freeze several cryptocurrency accounts allegedly linked to the Palestinian militant group Hamas. This action is part of a global trend…
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2 years, 1 month agoBinance Assists Israeli Authorities in Freezing Hamas-Linked Crypto Accounts
Crypto exchange Binance has assisted Israeli authorities in freezing crypto accounts linked to the Palestinian militant group Hamas, according to the Israel Police. Binance worked with the police’s cyber unit and o…
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2 years, 1 month agoGalxe to Compensate Users 110% for Recent Hack, Funds to be Returned on Oct. 16
Galxe, a cryptocurrency platform, has announced that it will be compensating users who lost funds in a recent hack by 110%. The company expressed its gratitude to those who have supported them during this difficult…
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2 years, 1 month agoLenovo Invests $1.2 Billion in AI Research to Tap into Booming Market
Lenovo, the technology giant, has announced a significant investment of $1.2 billion in artificial intelligence (AI). The company aims to tap into the booming AI server and storage market, which is projected to…
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2 years, 1 month agoUncertainty Surrounding House Speaker Delays Crypto Legislation
At present, the legislative branch of the US federal government is facing a significant challenge as the Speaker of the House of Representatives, Kevin McCarthy, has been ousted following a vote. This has resulted…
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2 years, 1 month agoChangpeng Zhao's $1 Billion Rescue Plan Fails to Revive Crypto Industry
In the aftermath of FTX’s collapse, the cryptocurrency industry was thrown into turmoil. Prices dropped, investors rushed to minimize their losses, and startup funding dried up. Amidst the chaos, all eyes turned t…
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2 years, 1 month agoFTX Co-Founder Admits Fake Insurance Fund in Court Testimony
FTX co-founder Gary Wang testified in court that the “Insurance Fund” listed by the exchange was actually a fake amount generated using a random number generator. During the trial of former FTX CEO Sam Ban…
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2 years, 1 month agoFormer FTX Executives Testify Against Sam Bankman-Fried in Fraud Trial
Day 6 of the trial of Sam Bankman-Fried concluded with the testimony of former FTX chief technology officer Gary Wang and the beginning of former Alameda Research CEO Caroline Ellison’s testimony. Wang revealed t…
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2 years, 1 month agoTensions Rise in Court as BlockFi and 3AC Clash Over Legal Bills and Founders' Actions
Tensions ran high in court as lawyers representing BlockFi and 3AC clashed over the handling of the legal proceedings. BlockFi’s lawyer accused 3AC of prolonging the case and accumulating a hefty $16 million in l…
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2 years, 1 month agoHong Kong Police Warn Binance Users of Text Message Phishing Scam
The Hong Kong Police Force has issued a warning after 11 customers of cryptocurrency exchange Binance fell victim to text message phishing scams. The fraudsters posed as Binance and sent malicious messages to…
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2 years, 1 month agoBinance to List Neutron (NTRN) as Cross-Chain Smart-Contracting Platform on Cosmos
Binance, the world’s largest cryptocurrency exchange, has announced its plans to list a new altcoin called Neutron (NTRN) on its platform. Neutron is a project built within the interoperable blockchain ecosystem C…
