Sam Bankman-Fried Released on Bail in the US
After Sam Bankman-Fried, the CEO of FTX, was granted extradition from the Bahamas on Wednesday, the Federal Bureau of Investigation brought him to the U.S. overnight. During the hearing, the judge set…
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Bitcoin mining firm Core Scientific filed for bankruptcy in Texas
A bankruptcy petition was filed by Core Scientific in the Southern District of Texas. The miner has between $1 billion to $10 billion in liabilities, and has about 1,000-5,000 creditors, with investment…
International collaboration needed to regulate crypto: Indian Finance Ministry
In the Indian parliament, a Lok Sabha member asked the Finance Ministry about the cryptocurrency bill. In response to a Lok Sabha question, Minister of State for Finance Pankaj Chaudhary said crypto…
Sam Bankman-Fried will fly to the US; he signed an extradition papers
Sam Bankman-Fried, the CEO of the bankrupt crypto exchange FTX, signed extradition papers yesterday. Earlier, he was fighting extradition to the USA. It is believed that SBF signed these papers and is…
Crypto intermediaries should be regulated, says SEC chairman
SEC Chairman Gary Gensler and staff are facing a lot of criticism after the collapse of FTX, one of the largest crypto exchanges. The SEC Chairman has spoken about crypto regulations for…
Twitter restricts links to other social media platforms
Yesterday, Twitter updated its policy, stating that users cannot promote other platforms’ social media profiles on the platform. Remember that promoting 3rd party social media platforms is strictly prohibited at both the…
Donald Trump NFT Collection gets massive response
The day after its first release, ex-President Donald Trump’s non-fungible token (NFT) digital trading card collection was sold out early on Friday. The trade volume for the collection at the time of…
OneCoin’s co-founder pleads guilty to $4 billion fraud
Karl Sebastian Greenwood, one of the co-founders of OneCoin pleaded guilty to federal charges of wire fraud and money laundering. This is one of the largest financial scams of all time that…
Binance has “No Real Legitimacy”: Jim Cramer
After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In the latest development, Jim Cramer, a CNBC host, claims…
PayPal partners with MetaMask to support external wallets
PayPal partners with MetaMask to integrate new crypto services. This new partnership marks a significant milestone in the mainstream adoption of cryptocurrency, as PayPal has provided its users with the ability to…
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