SBF trial day 5: “I’m gonna be a POTUS one day”, Caroline Ellison quotes FTX’s founder

Week 2 of Sam Bankman-Fried’s trial in New York continued after premiere witness accounts from SBF’s inner circle as federal prosecutors pointed the jury to alleged fraudulent schemes masterminded by the FTX founder himself.

The economy is surging — which means it might be time to start buying Bitcoin

The economy is refusing to go down. If the trend continues, cryptocurrency prices are going to start rising — especially with Bitcoin’s halving.

Dating App Tool Upgraded with AI Is Poised to Power Catfishing

Cybersecurity firm Avast is calling out a long-lived tool that has haunted popular dating apps and that has been upgraded with artificial intelligence, gaining the ability to build fake profiles and manipulate unsuspecting users. Although Avast gave the application the nickname “LoveGPT,” that is not the name of the software in question. It is also […]

SEC Says Crypto Assets Have No ‘Inherent Value’ in New Court Motion Against Coinbase

The U.S. Securities and Exchange Commission (SEC) has stated that digital assets have no inherent value. In a court motion filed last week against Coinbase, the top US crypto exchange by volume, the regulatory agency says that digital assets have no real value as they cannot generate profits on their own. “Real estate has ‘inherent […]

US Stocks rise for third straight day as bond yields fall

Treasury yields declined, giving stock market bulls new momentum.

Changpeng Zhao and other Binance executives facing possible indictments in Brazil

A Brazilian congressional committee has asked for Binance CEO Changpeng Zhao and three other company executives to be indicted, Bloomberg said on Oct. 10. Following the committee’s recommendations, the decision to indict Zhao and the other company executives now lies with the Brazilian police. The committee alleged that Zhao and the other executives have engaged […]

Amazon and Immutable Want to Make it Easier to Launch Crypto Games

Crypto firm Immutable has joined Amazon Web Services’ ISV Accelerate Program to develop blockchain gaming infrastructure solutions.

How Hamas Lost its Crypto In An Israeli Operation, Binance Supports Security Forces

Israeli law enforcement launched an operation targeting crypto addresses associated with the terrorist group Hamas. The country suffered an attack this past Sunday, leading to deaths and many civilians disappearing. Binance And Israel Work Together To Freeze Crypto A local news media Calculist report confirmed an operation led by the Israeli Police Department and the […]

Bitstamp Forges Path With European Banks To Launch Crypto Services Amidst MiCA Momentum

Bitstamp, a prominent cryptocurrency exchange, is currently in discussions with three major European banks to facilitate the launch of cryptocurrency services by the first quarter of the upcoming year. This strategic move by Bitstamp aligns with the evolving regulatory landscape in the European Union, particularly the Markets in Crypto Assets (MiCA) initiative, which is creating a […]

FTX founder Sam Bankman-Fried’s trial day 5: Recap

Bankman-Fried’s girlfriend and Alameda’s ex-CEO took the stand on the second week of the trial, revealing that SBF used customer funds for political lobbying.