Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

‘Crypto Sleuths’ Query Alameda Research’s Tether Transactions
‘Crypto Sleuths’ Query Alameda Research’s Tether Transactions
October 30, 2023  |  Cryptocurrency

FTX founder Sam Bankman-Fried’s criminal trial has reignited another mystery. As Bloomberg News reported Monday (Oct. 30), “crypto sleuths” are examining the relationship between FTX’s sister...

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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For Sam Bankman-Fried, Pointing Fingers Never Goes Out of Style 
For Sam Bankman-Fried, Pointing Fingers Never Goes Out of Style 
October 27, 2023  |  Legal

Four of Sam Bankman-Fried’s closest friends have testified against him in his criminal trial.  Over the better part of four weeks, U.S. prosecutors have brought...

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Sam Bankman-Fried Takes Stand to Deny Fraud Charges
Sam Bankman-Fried Takes Stand to Deny Fraud Charges
October 27, 2023  |  Legal

Sam Bankman-Fried took the stand in a New York courtroom on Friday (Oct. 27) to defend himself against charges of criminal fraud. Cryptocurrency exchange FTX...

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Bankman-Fried Stumbles, Claims Forgetfulness in Testimony Dress Rehearsal 
Bankman-Fried Stumbles, Claims Forgetfulness in Testimony Dress Rehearsal 
October 26, 2023  |  Legal

Federal prosecutors rested their case against accused financial fraudster Sam Bankman-Fried on Thursday (Oct. 26). Now, nearly a full calendar year since his multibillion-dollar crypto...

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JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
October 26, 2023  |  Blockchain

J.P. Morgan said its digital token now handles $1 billion in daily transactions. “JPM Coin gets transacted on a daily basis mostly in U.S. dollars,...

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FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
October 26, 2023  |  Cryptocurrency

FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. The bankrupt cryptocurrency firm’s new management said in a Wednesday...

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Bankman-Fried Will Take Stand at His Fraud Trial
Bankman-Fried Will Take Stand at His Fraud Trial
October 25, 2023  |  Legal

FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...

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FTX Gets Revamp Proposals From 3 Bidders
FTX Gets Revamp Proposals From 3 Bidders
October 25, 2023  |  Cryptocurrency

FTX received multiple proposals from bidders hoping to resurrect the bankrupt cryptocurrency exchange. Investment banker Kevin Cofsky of Perella Weinberg Partners said during a Tuesday...

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