Coindesk Ripple Acquires Nevada-Based Fortress Trust Ripple has acquired Fortress Trust, a Nevada-based chartered trust company with a focus on crypto and Web3. The financial terms of the acquisition were not disclosed, but it is said to be less than the $250 million Ripple paid for custody firm Metaco. This acquisition adds Nevada to Ripple’s […]
How 43 million U.S. borrowers can budget around student loan payments
CoinDesk First Mover Americas: Bitcoin Shows Signs of Life The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. 6h ago Reuters Apple endorses California bill to oblige companies to report carbon footprint Apple […]
Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push
The discount to net asset value (NAV) for the Grayscale Ethereum Trust (ETHE) has narrowed to its slimmest in a year following this week’s regulatory filing for what would be the first spot ether exchange-traded fund (ETF). As of the close of stock market trading Thursday afternoon, the discount had declined to 27% for the […]
Apple buys rights to book on SBF for $5m
Apple reportedly acquired the rights to a book by author Michael Lewis based on FTX founder Sam Bankman-Fried’s bio. Tech giant and iPhone maker Apple scooped up the rights to an upcoming book centered around Sam Bankman-Fried (SBF), the founder…
Could This Vitalik-Backed Protocol Bring Privacy to a Regulated Crypto World?
Earlier this week, Ethereum co-founder Vitalik Buterin and four co-authors published a paper describing a smart contract protocol called privacy pools that would enable crypto users to associate their funds with those being used for legitimate purposes versus those being used in criminal activity such as hacks or money laundering. The protocol addresses one of […]
El Salvador’s Bitcoin Curriculum Will Teach Students the ‘Dark Side of Fiat’
Exactly two years after establishing Bitcoin as legal tender, El Salvador’s Ministry of Education began its pilot program on Thursday to bring Bitcoin education to the nation’s public schools. The program, launched in partnership with native Bitcoin projects Bitcoin Beach and My First Bitcoin, will teach 150 public school teachers about Bitcoin, before the educators […]
Key Market Insights for Traders of Stellar (XLM), Arbitrum (ARB) and Pomerdoge (POMD)
Market analysis can be an interesting task because of the liquidity of these tokens. At the snap of a finger, there can be a surge or massive decline in the growth of a token. However, investors have high hopes for Stellar (XLM), Arbitrum (ARB), and Pomderdoge (POMD). This article contains insights for crypto enthusiasts who […]
Shiba Inu vs Everlodge: Who Reaches $1 First?
With the ongoing shift in the crypto landscape, investors are starting to diversify. Shiba Inu recently saw an increase in volume by over 40%, and Everlodge has already sold out of the beta phase of its ongoing presale, as the unique proposition of the project attracts early investors. Join the Everlodge presale and win a […]
Why This Crypto Exchange Founder Got 11,000 Years In Prison
A little over a year ago, Faruk Fatih Ozer, founder and CEO of crypto exchange Thodex was arrested by Turkish authorities. After a long trial, Fatih was sentenced to over 11,000 years in prison after being found guilty of several financial crimes. Related Reading: From Oil To Bitcoin: Oman Plans To Capture 7% Of Hashrate […]
Founder Of Defunct Turkish Crypto Exchange Thodex Handed 11,000-Year Jail Term For $2B Scam
Faruk Fatih Özer — the founder and former CEO of Turkey-based Thodex — was sentenced to 11,196 years in prison on Thursday by a court in Istanbul, according to reports. Faruk, who managed the exchange until it went bust in 2021, was found guilty of aggravated fraud, leading a criminal organization, and money laundering. “I […]