FTX Founder Sam Bankman-Fried Denied Bail by Bahamas Authority
Sam Bankman-Fried has been denied bail by a judge in the Bahamas. The judge has issued an extradition hearing for February 8th. Sam Bankman-Fried, the founder of the bankrupt crypto…
Crypto Market Rallies as U.S Inflation Drops to 7.1% For November
The US consumer price index drops from October’s 7.7% to November’s 7.1%. The inflation statistics sent the price of bitcoin (BTC) soaring by more than 6 percent. The publication of…
MakerDAO Relaunches DAI Savings Rate With Hiked Interest Rate
Decentralized and tied to the US dollar, DAI is MakerDAO’s stablecoin. To raise the interest rate by 100 basis points was approved by a majority of voters. MakerDAO is reintroducing…
Chinese government discover $1.7B Money Laundering in Crypto
The Chinese government was able to seize a total of 130 million Chinese yuan. The probe was initiated when a local bank saw a dramatic increase in deposits.Chinese police in…
Coinbase Shares Crash to All-time Low
COIN hit a new low of $39.65 at the start of trading on this Monday. The price has fallen 60% from its all-time high of $98 in early August. Last…
Goldman Sachs Explains How to Regulate Crypto After FTX
Goldman Sachs believes regulators should focus on crypto’s trusted, centralized entities – but not the blockchain.Goldman Sachs published a research note on Friday covering blockchain technology and the recent demise…
Microsoft To acquire 4% Stake in London Stock Exchange Group
The exchange will be able to use Microsoft’s cloud and data analytics services going forward. The major stock exchange said they anticipate the agreement to boost their revenue.Microsoft, a titan…
OKCoin a Japan Crypto Exchange Lists Shiba Inu (SHIB)
SHIB would be listed on OKCoin Japan in the middle of February of next year.OKCoin Japan had dropped a Tuesday hint on the possibility of listing SHIB.OKCoin Japan, a major…
Bank of England Seeks Proof of Concept Wallet For CBDC
The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. The proof-of-concept was given a budget of £244,500 (around $244,500).Proof-of-concept for a wallet that may store…
Did Elon Musk’s Warning for Twitter Scammers affected the Fall in Crypto Bots?
Musk continues to halt Twitter scammers, and challenges Twitter bots to “attack” him. Billy Markus claims only fewer bots appeared on a test post he recently tweeted.Elon Musk, the CEO…