Sam Bankman-Fried, the former CEO of FTX and the well-known crypto personality is set free by the Manhattan federal court. The US district court judge, Gabriel Gorenstein has granted the SBF bail for $250 million, along with further restrictions. SBF’s prior bail was rejected in the Bahamas, where he got
Friday stock market closing depicted around $930 billion liquidity in total. The number of people unemployed or seeking jobs remains 3.5% lower than the projected rate. The global market, both crypto, and the stock have trampled down post the U.S employment rate release. The current rate is alike to the
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)
FBI has issued a public warning about fraudulent cryptocurrency apps. According to the FBI, $3.7 million was defrauded from 28 victims. The Federal Bureau of Investigation (FBI) has issued a public alert concerning fake cryptocurrency apps. According to the Securities and Intelligence Agency alert released on July 18, hackers have
According to FCA, U.S and U.K relations on crypto regulation will strengthen. The U.S. and U.K. will regulate stablecoins and investigate CBDCs. Nikhil Rathi, CEO of the U.K. Financial Conduct Authority (FCA), spoke about the FCA’s regulatory objectives on Wednesday at the Peterson Institute for International Economics. The CEO of
Number of users of BTC and crypto in the USA are raging up. The White House terms more than 40 million users. The USA is expected to soon become the capital for BTC and crypto. There’s no doubt that the crypto and Bitcoin (BTC) adoption around the world is as
