In the aftermath of the FTX collapse, a legal battle has emerged over the millions of dollars in assets seized from Sam Bankman-Fried (SBF) and former FTX executives. Multiple parties are now seeking control of these assets, which include airplanes, funds in various banks, shares of Robinhood stock, and political contributions linked to FTX executives.
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The Securities and Exchange Commission’s (SEC) crypto asset enforcement chief, David Hirsch, made headlines on June 17 when he announced his departure from the agency. After nearly nine years of service at the SEC, Hirsch expressed his pride in the groundbreaking work accomplished by the Crypto Assets and Cyber Unit team under his leadership. Taking
Shibarium, the layer-2 scaling solution for Shiba Inu, has seen a massive surge in interest recently. The number of new accounts on the network skyrocketed by over 860%, indicating a growing community and heightened activity within the protocol. This surge in new accounts could signify a positive trend for Shibarium and potentially contribute to a
Bitcoin has been experiencing a rollercoaster ride lately, with the price taking a nosedive, sparking concerns of a prolonged bear market. However, amidst the gloom, there are faint whispers of optimism. The Bitcoin Taker Buy Sell Ratio, a metric that monitors the balance between buy and sell orders on exchanges, has shown some interesting trends.
The Ethereum Foundation has once again made headlines due to a substantial transaction involving millions of Ethereum (ETH) tokens. Crypto journalist Colin Wu recently disclosed on social media that a wallet linked to the Ethereum Foundation moved 18,089 ETH (equivalent to $64.4 million) to a new address. Despite the transfer, the new address has yet
SnakeTON, a revolutionary Web3 survival game built on the TON platform, is taking the gaming experience on Telegram to new heights. With a massive user base of 900 million, SnakeTON offers players the opportunity to control their snakes, engage in PvP combat, participate in PvE challenges, and enjoy exclusive hatching modes, all within the Telegram
Liquid staking and the concept of liquid restaking have gained significant traction in the cryptocurrency space over the past year. Lista DAO is at the forefront of this movement, showcasing an open-source liquidity protocol designed to earn yield on collateralized cryptocurrencies such as BNB, ETH, stablecoins, and other digital assets. The protocol also enables users
The intersection of artificial intelligence (AI) and cryptocurrency is poised to revolutionize the global economy, with Bitwise predicting a potential injection of $20 trillion into the global GDP by 2030. This forecast was unveiled at the annual Consensus conference in Austin, where industry leaders gathered to discuss the future of blockchain technology, regulation, and the
The recent report released by Coinbase has shed light on a concerning trend – the declining number of crypto talent in the United States. According to the largest US exchange, there has been a significant drop in US-based crypto developers, down by 14 points over the past five years to a mere 26% today. This
Recent developments in the ongoing saga between Nigeria and Binance have seen the Federal Inland Revenue Service (FIRS) of Nigeria withdrawing tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and Nadeem Anjarwalla, the director for Africa operations. This decision comes after a series of events that unfolded, including Anjarwalla escaping from
