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…
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…
Donald Trump Sold Out NFT Collection in just One Day
Trump’s “major announcement” appears to have attracted an audience of hungry buyers. Despite his seemingly poor market timing, former U.S. President Donald Trump’s recently launched collection of digital “baseball cards”…
JPMorgan’ Analyst Changes Meta Rating
Pre-market trading saw a 1.5% rise in Meta shares, to $117. The stock price is down almost 65% year to date.Doug Anmuth, an analyst at JPMorgan, recently published a consumer…
Financial Conduct Authorities United Kingdom allege that Crypto Platforms Assists in Money Laundering
British regulator the Financial Conduct Authority (FCA) has taken a massive swipe at the crypto industry, labeling exchanges as platforms for money laundering.Global regulators have been railing against crypto over…
Donald Trump launch Personal NFT Collection
Trump is selling digital baseball cards depicting himself in various outfits. Former U.S. President Donald Trump has announced a personal NFT collection featuring the art from his life and career.…
KuCoin Exchange is Operating Illegally says Dutch Central Bank
The prominent exchange officially began operations in October 2019 in Netherlands.KuCoin has now disclosed its proof-of-reserves in an effort to increase transparency. The Dutch central bank released a statement on…
Cathie Wood Purchase Almost $24 Million Worth of Coinbase and Tesla Shares
Ark Invest’s Cathie Wood acquired 297,000 COIN shares and 75,000 TSLA stocks. The Founder and CEO of Ark Invest – Cathie Wood – purchased 297,000 shares of Coinbase for approximately…
Will the BUSD Upon Paxos Survive?
BUSD gets regulated by the NYDFS for Ethereum (ETH) through Paxos. BUSD complies fully with the regulations of NYDFS. Speculations arise on the trustworthiness of BUSD.Apart from just having a…