The DOJ has announced that Binance pleaded guilty to money laundering, and faces over $4 billion in fines, and Mr. Zhao consents to resign as CEO of Binance.
Table of Contents'Complete Exit From the...
Cristobal Pereira of the Latam Blockchain Summit announced that one of Panama's largest banks, Towerbank, has become Bitcoin-Friendly.
Tesla has sold 75% of its Bitcoin holdings. Tesla sold Bitcoin at a time when the cryptocurrency was at a record low for the month and had dropped more than 50% since October of the previous year.
Many people believe that the government will shut down Bitcoin, but the chances of the government being able to ban it are low.
In his first appearance on US soil since his arrest in the Bahamas, Bankman-Fried was granted a $250 million bail package, secured by his parents' Palo Alto home, which is worth nowhere near that amount. Furthermore, Sam Bankman-Fried pleads not guilty.
In an interview, David Schwartz, the CTO of Ripple, said that he did not discover Bitcoin until 2011, and he certainly wished he had found it earlier, which ends speculation on Satoshi Nakamoto's identity.
According to Bitbo statistics, the 19 millionth bitcoin was just mined, having left just under 2 million BTC for miners to distribute into circulation as the Bitcoin infrastructure ticks through a predetermined issuance schedule till it approaches the 21 million supply limit and stops creating new bitcoin.
LinkedIn published a blog entry outlining its efforts to fight fraud. This had to be done after it was revealed that big crypto investment frauds are happening via LinkedIn.
A new study by Ripple says over 75% of financial institutions intend to use crypto in the next three years and cited a lack of proper regulatory framework as the reason why they hadn't done it previously.
A recent BNN/Bloomberg report said how crypto industry whistleblowers could make millions from the collapse of FTX.
