Sam Bankman-Fried Won’t Contest Extradition to the US: Report
SBF will reverse his decision to contest extradition to the US, according to a recent report. Sam Bankman-Fried – the former CEO of defunct crypto exchange FTX – will supposedly…
OKX Exchange Stops as Alibaba Cloud Hardware Fails
Users’ transactions stopped in the middle. The overall philosophical trust upon the crypto exchanges are devastating the entire crypto industry terribly. With the fall of FTX exchange, the entire notion…
Central Bank of Kazakhstan Completes Second Phase CBDC Trial
A prototype was created between July and December of 2021. January 2023, the rollout of the digital national currency will proceed in the final phase. Officials at Kazakhstan’s central bank,…
Shiba Inu Witnesses Significant Burn Rate of 252% in Last 24 Hours
The Shibburn community burnt 1,500,000 SHIB tokens in a single transaction. The burn rate has recently picked up, with a total of 4.1 million SHIB tokens being burnt. The substantial…
BlackRock Warns of Recession Triggering Economic Catastrophes
BlackRock expects that stocks will suffer due to the upcoming recession.The research claims that this recession would be unique in its severity. The investment and asset management firm BlackRock has…
60% of Americans says Crypto Investing is Highly Risky based on Survey
Just 5% of the US respondents think there are no risks when investing in digital currencies.CNBC’s “Your Money Survey” estimated that 60% of the American participants consider the risk of…
FC Barcelona and Crypto Exchange WhiteBIT agree to Partnership Deal
WhiteBIT will serve as FC Barcelona’s Official Cryptocurrency Exchange partner until June 30, 2025.One of the most successful soccer clubs in Europe – FC Barcelona – inked an agreement with…
Incoming UK FInancial Conduct Authority Chair Criticizes Crypto Sector Over Money Laundering
Alder warned MPs that cryptocurrency platforms enabled widespread money laundering.Financial regulators in the UK are becoming more involved in the cryptocurrency sector.Following the demise of the FTX exchange. The crypto…
Bitcoin Investor Implants Lightning Chip To Make Bitcoin Payments in flash
NOT A MEDICAL ADVICE : Bitcoiner implants Lightning chip to make BTC payments by hand A Bitcoiner has literally taken the Lightning Network into his own hands, installing a tiny…
Co-founder of OneCoin Pleads Guilty of Wire Scam and Money Laundering
OneCoin was first released in 2014 by Ruja Ignatova and Greenwood. After being apprehended in Thailand in July 2018, Greenwood was eventually extradited. On Friday, the US Department of Justice…