U.S Senators had summoned the 29-year-old multi-billionaire to appear before them. Large organizations have recently joined the cryptocurrency bandwagon. Digital asset regulation is once again being called for by FTX CEO Sam Bankman Fried, who claims that institutions have been reluctant to engage in crypto because they believe regulatory certainty
Polygon’s rebranded token, POL, previously known as MATIC, is currently showing a positive trend, with its price fluctuating between $0.41 and $0.445. This marks a notable 10% increase over the past week. At the time of writing, POL is trading at $0.4131, with a market cap of $2.93 billion, making
The cryptocurrency sector witnessed a turmoil of emotions during this week observing market prices. Leading digital assets caused uncertainty as they struggled to overpower the prolonged bearish sentiments persisting since the last few weeks of August. However, in the past day, Bitcoin and other altcoins succeeded in a price recovery.
Cryptocurrency scams persistent over the past decade, often resurface from previous years for several reasons. For instance, the recent Mt.Gox payment of funds caused a stir in the market. The recent sentencing of Sam Bankman-Fried for the FTX collapse is a similar example. In the last week, a particular investor
Final clearance for the $12.7 billion repayment to FTX creditors as part of the settlement with the US Commodity Futures Trading Commission (CFTC) was given by a New York court for the now-defunct crypto exchange FTX and its sister trading business Alameda Research. Judgment on the $12.7 billion settlement agreement
A key event is about to unfold as bitFlyer, a prominent Japanese crypto exchange, is slated to buy FTX Japan. Until today, details about the intention to acquire the local unit of the renowned but now insolvent FTX exchange remained undisclosed. Nonetheless, the arrangements for this transaction are nearing completion.
Adam Moskowitz and David Boies, who are representing FTX creditors in a class action lawsuit, have made great strides in their quest for justice on behalf of those impacted by the crypto exchange’s demise. They are requesting the seizure of assets associated with the troubled FTX founder, Sam Bankman-Fried (SBF).
Medellin, Colombia, April 29th, 2024, Chainwire Stooges, a community-driven memecoin on Solana, announced the upcoming presale for $STOG coins starting on May 10 on Pinksale. BitMart Exchange, a top-20 CEX, has already confirmed the coin’s upcoming listing, which should occur before its launch. Following the announcement, the Stooges’ team noticed
Two senators, Elizabeth Warren (D) and Chuck Grassley (R) have formally asked Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), for information. Sam Bankman-Fried (SBF), the former chief executive officer of the collapsed crypto exchange FTX, is at the focus of the demand. FTX went bankrupt in November
Leading altcoins, such as BNB, Dogecoin (DOGE), and Solana (SOL), have already signaled a fresh bull leg ahead, sparking optimism among investors and enthusiasts alike. With Bitcoin dominance showing signs of an inevitable reversal in the near term, crypto cash rotation is expected to favor the altcoin industry before the
