Sam Bankman-Fried, the founder of FTX, which was, until last week, the world’s second-largest cryptocurrency exchange, is today facing prison time for allegedly defrauding his customers of billions of dollars. Bankman-Fried, 30, donated to many progressive causes allied with the “effective altruism movement,” including pandemic prevention and response.
According to reports, the Central Bank of Iran and the Russian government are working together to issue a new stablecoin that is backed by gold to be used in overseas trade.
Mark Cuban and Elon Musk seem to believe that Dogecoin could defeat Twitter’s spam bots: Here’s how they plan on going about it.
The Enforcement Directorate conducted six raids earlier this month as part of a thorough investigation into the alleged defrauding of over 15,000 investors. India's biggest crypto scam could come up to Rs 1 trillion shifting to a scale that has never been seen before in the nation.
The $258 billion lawsuit that claimed the price of Dogecoin was purposefully driven up by more than 36,000% over the course of two years by Elon Musk has expanded to six more defendants.
Bankman-Fried was candid in his prepared statements for the hearing when describing his predicament. Nevertheless, Sam Bankman-Fried was arrested in the Bahamas and charged with wire/securities fraud and money laundering.
In a recent Dutch television program, Christine Lagarde of the European Central Bank called for a crypto crackdown, saying that they are based on nothing and may hurt investors.
Although Bitcoin is now the best kind of currency, it is an evolution of those that humanity has already used. But what exactly is basic cash? Here's the pre-bitcoin history you should know.
According to CNBC, Google is tying up with Coinbase for cloud payments with cryptocurrencies, but the agreement's terms weren't made public.
According to data provided by the crypto forensic organisation Arkham, Alameda wallets has funnelled over $1.7M via crypto mixers overnight