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Benkman-Fried was detained in December 2022 in the Bahamas after the collapse of the cryptocurrency exchange FTX he founded. A jury found Sam Bankman-Fried guilty on all 7 counts of fraud and conspiracy. According to The New York Times, he faces a m...
Read MoreBernstein Research analytics company predicted that the price of bitcoin could rise to $150,000 by mid-2025. So far, this cryptocurrency has jumped to $35,000 and grew by 30% last month. The company expects that the US Securities and Exchange Commis...
Read MoreIn 2012, someone stole 50,000 bitcoins from Silk Road, an illegal dark web marketplace. Since then, the value of the stolen bitcoin has soared to over $3 billion and remained one of the biggest mysteries in the cryptocurrency world. The fraudster was...
Read MoreFerrari has started accepting cryptocurrency payments for its sports cars in the United States and will expand this scheme to Europe at the request of its wealthy clients, the company's marketing and commerce director told Reuters. The vast majority...
Read MoreThe current prisoner, former FTX owner, believed that Donald Trump threatened democracy. Writer Michael Lewis, tracing the rise and fall of Sam Bankman-Fried in his new book "Going Infinite," said that the crypto entrepreneur considered paying Donald...
Read MoreAfter the fall of FTX, it seemed that the world of cryptocurrency had almost entirely passed into the hands of Binance - however, after a year, the world's largest cryptocurrency exchange also found itself in trouble. The Binance empire is "tremblin...
Read MoreBinance has reached an agreement to sell all of its Russian business to the exchange CommEX. The disconnection process will take up to a year, and all assets of existing Russian users are promised to be kept safe until transferred. We realize that ...
Read MoreFrom January to August 2023, hackers linked to North Korea stole $200 million in cryptocurrencies - about 20% of the total amount of cryptocurrencies stolen this year, according to blockchain analysis firm TRM Labs. According to the study, the stole...
Read MoreNon-fungible tokens (NFT), which are most often associated with digital works of art or other collectible items, have lost much of their value since the wild start. According to DappRadar data, monthly NFT trading volume dropped sharply by 81% from ...
Read MoreZynga, a subsidiary of the publisher Take-Two Interactive Software (owner of the Grand Theft Auto franchise), specializing in mobile games, is releasing its first web3 game, which players will be able to access using the cryptocurrency Ethereum (ERC-...
Read MoreStablecoins are a type of digital currency whose exchange rate is attempted to be stabilized by being pegged to fiat currencies or exchange-traded commodities such as gold or oil. Currently, the stablecoin market is estimated at around $125 billion....
Read MoreThe U.S. Securities and Exchange Commission (SEC) is actively pursuing lawsuits - this time the complaint is directed at crypto influencer Richard Heart, who is accused of using around $12 million of investor funds to purchase luxury items. Today w...
Read MoreAccording to Coinbase director Brian Armstrong, prior to the lawsuit, the US Securities and Exchange Commission (SEC) demanded that the cryptocurrency exchange stop trading all cryptocurrencies except bitcoin. Earlier, the SEC identified 13 cryptocu...
Read MoreThis week, the crypto project Worldcoin launched and, judging by the publications of its founder Sam Altman (also the creator of ChatGPT), it immediately gained immense popularity - people were essentially lining up in huge queues to get a World ID (...
Read MoreThe latest lawsuit from FTX Trading reveals new details of massive fraud and personal desires of Bankman-Fried. In particular, the complaint states that the former director of the company's subsidiary hedge fund Alameda Research (and Bankman-Fried's...
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