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

FTX Proposes Returning 90% of Customer Funds
FTX Proposes Returning 90% of Customer Funds
October 17, 2023  |  Cryptocurrency

FTX has proposed a settlement that gives creditors more than 90% of their funds. The proposal, announced late Tuesday (Oct. 16), is set to be filed with the...

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Nishad Singh’s Turn: Ex-Deputy Details Bankman-Fried’s Lavish Spending 
Nishad Singh’s Turn: Ex-Deputy Details Bankman-Fried’s Lavish Spending 
October 16, 2023  |  Legal

One billion dollars is a lot of money to spend. But it reportedly took FTX’s 31-year-old co-founder and former CEO, Sam Bankman-Fried, barely two years...

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Bankman-Fried Asks for Access to Medication in Ongoing Trial
Bankman-Fried Asks for Access to Medication in Ongoing Trial
October 16, 2023  |  Legal

Disgraced FTX CEO Sam Bankman-Fried pleaded for access to his long-release Adderall in a late-night plea to U.S. District Judge Lewis Kaplan Sunday, per a CNBC...

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Crypto Lending Makes a Potentially Risky Comeback
Crypto Lending Makes a Potentially Risky Comeback
October 16, 2023  |  Cryptocurrency

Facing declining revenues, cryptocurrency exchanges are boosting their lending offerings. But the move by companies such as Binance and Coinbase could introduce new risks to...

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Ferrari Hopes Crypto Payments Can Widen Customer Base
Ferrari Hopes Crypto Payments Can Widen Customer Base
October 15, 2023  |  Cryptocurrency

Ferrari has reportedly begun accepting cryptocurrency payments for its vehicles in the U.S. That’s according to a Saturday (Oct. 14) report by Reuters, citing comments...

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Friends Become Foes: Prosecution Wraps Second Week of Bankman-Fried Trial
Friends Become Foes: Prosecution Wraps Second Week of Bankman-Fried Trial
October 13, 2023  |  Legal

The government is creating a clear narrative in the Sam Bankman-Fried case: He ran the ship, he called shots, and he is responsible for stealing...

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Tether Appoints Chief Technology Officer Paolo Ardoino as New CEO
Tether Appoints Chief Technology Officer Paolo Ardoino as New CEO
October 13, 2023  |  Personnel

Stablecoin provider Tether has appointed its chief technology officer, Paolo Ardoino, as its new CEO, effective from December.  Ardoino will succeed Jean-Louis van der Velde, who will transition to...

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Binance Introduces Social Platform Focused on Web3 Trends
Binance Introduces Social Platform Focused on Web3 Trends
October 12, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance has rebranded its social platform, formerly known as Binance Feed, to Binance Square. The rebranding reflects the platform’s transformation from a content aggregator to a...

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Things Sam Is Freaking Out About: Probably His Ex-Girlfriend’s Testimony 
Things Sam Is Freaking Out About: Probably His Ex-Girlfriend’s Testimony 
October 11, 2023  |  Legal

It was tears, not fireworks, for Caroline Ellison’s second day of testimony Wednesday (Oct. 11). The former Alameda Research CEO fought back sobs describing to...

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