Monday, May 20, 2024
The price of the Terra (LUNA) cryptocurrency has plummeted by over 99 percent, sweeping out crypto owners' riches. Around one stage, prominent crypto market Binance briefly banned Terra (LUNA) network withdrawals, preventing even those who needed to sell from doing so.
In the near future, central banks will need to introduce some sort of alternative system in order to preserve economic authority as many conventional currencies begin to lose public confidence due to inflation. Towards this end, the BIS is set to allow member banks to hold 1% of their reserves in Bitcoin.
Russia is now one step closer to using Bitcoin, a cryptocurrency, in international trade as Central Bank and the Finance Ministry agree on the draft bill. The two regulators have reached an agreement on a draft law declaring that, given the current economic climate, adopting bitcoin and other cryptocurrencies is essential for international trade.
Who Is Sam Bankman Fried

Who Is Sam Bankman Fried?

Bankman-Fried was born in 1992 on the Stanford University campus to a Jewish household. He is the son of Stanford Law School professors Barbara Fried and Joseph Bankman. Let's see just who Sam Bankman Fried is.
Federal prosecutors in Manhattan have accused Sam Bankman-Fried of bribing Chinese government officials to unfreeze Alameda accounts.
Barry Silbert emerges as the crypto world's new villain, embroiled in legal battles over billions amid bankruptcy claims and allegations of fraud. Eric Asquith was oblivious to Barry Silbert's...
Intel will show off advancements in its bitcoin mining solid-state circuit designs since the patent was submitted and outline how exactly they will change the bitcoin mining landscape forever. Hardware may commoditize should such new firms enter the market.
Bitcoin, and cryptocurrencies in large, are battling an insurgent battle to reverse the incumbent system's wealth extraction dynamic. But after observing a shift in policy towards crypto, has JP Morgan become Bitcoin's best friend?
The Bitcoin Vladimir Club was first suggested by a forum poster by the name of Vladimir in the Satoshi Nakamoto-founded public forum BitcoinTalk. However, not everything is known about it.
FTX’s bankruptcy filing in the federal bankruptcy court on Thursday revealed many crazy things, like that most of FTX’s digital assets have not been secured.