FTX’s founder, Sam Bankman-Fried, secured strategic partnerships with sports icon Tom Brady and supermodel Gisele Bündchen. This influential figure has been ushered in as an ambassador for the cryptocurrency exchange FTX, engaging in active endorsement across diverse platforms and events. The New York Times confirmed Brady’s endorsement deal, valued at almost $30 million. Interestingly, the […]
Which NFT Collections Are the Future of the NFT Market?
The post Which NFT Collections Are the Future of the NFT Market? appeared on BitcoinEthereumNews.com. NFT market performance continues to drop, with sales volume and buyers declining in the past 30 days. MAYC, BAYC, CryptoPunks, Dreadfulz, and DeGods top NFT market performance charts. BAYC tops…
CFTC Chair Pushes for DeFi Regulation Amid Industry Tensions
The Commodity Futures Trading Commission (CFTC) is focusing on decentralized finance (DeFi). A month after resolving charges against major DeFi protocols, CFTC Chair Rostin Behnam has clarified that proactive oversight of this burgeoning space is non-negotiable. Speaking at the Futures Industry Association Expo in Chicago, Behnam drew a vivid analogy. He likened the situation in […]
Bitcoin MPI Forms Death Cross, End of The Rally?
The post Bitcoin MPI Forms Death Cross, End of The Rally? appeared on BitcoinEthereumNews.com. On-chain data shows the Bitcoin Miners’ Position Index (MPI) has formed a death cross recently, a sign that the asset’s rally may end. Bitcoin MPI Has Formed A Bearish Crossover…
New AI Method Shows Promise in Detecting Signs of Life on Other Planets – Cryptopolitan
The post New AI Method Shows Promise in Detecting Signs of Life on Other Planets – Cryptopolitan appeared on BitcoinEthereumNews.com. TLDR Researchers have developed an AI method that can detect subtle molecular patterns indicating biological signals, even in ancient samples. Scientists have made significant strides in the quest to detect…
FTX auditor Prager hit with lawsuit by SEC
The post FTX auditor Prager hit with lawsuit by SEC appeared on BitcoinEthereumNews.com. The SEC has filed a lawsuit against the accounting firm Prager Metis for allegedly violating auditor independence rules in relation to its work for cryptocurrency exchange FTX. According to a…
AI a powerful tool for devs to change gaming, says former Google gaming head
The post AI a powerful tool for devs to change gaming, says former Google gaming head appeared on BitcoinEthereumNews.com. The world embraced artificial Intelligence (AI), hoping to see it transform complex and day-to-day processes. While generative AI models won millions of users, discussions around the transformative potential of AI…
Delegated Proof-of-Stake and Block Producer Voting
The post Delegated Proof-of-Stake and Block Producer Voting appeared on BitcoinEthereumNews.com. EOS uses Delegated Proof-of-Stake (DPoS) for consensus to achieve scalability, flexibility, and usability. Token holders vote for block producers to validate transactions and add blocks. 21 producers are elected, with…
Silk Road founder notes 10 years in prison on eve of Bankman-Fried trial
The post Silk Road founder notes 10 years in prison on eve of Bankman-Fried trial appeared on BitcoinEthereumNews.com. Ross Ulbricht has officially been behind bars for ten years, a grim milestone for the Silk Road founder who is serving a double life sentence — plus 40 years —…
FTX Founder Sam Bankman-Fried’s Closest Friends Will Testify Against Him. Here’s Who Else We’ll Hear From
The post FTX Founder Sam Bankman-Fried’s Closest Friends Will Testify Against Him. Here’s Who Else We’ll Hear From appeared on BitcoinEthereumNews.com. Brian Kim, a data analytics and forensics expert, may speak to internal messaging between Bankman-Fried and his employees at FTX and its sister companies. If he is called to the…