The post FED Make Major Move: $700 Million Seized from Sam Bankman Fried appeared first on Coinpedia Fintech News The United States Federal authorities have seized $697 million from Sam Bankman Fried, Founder of cryptocurrency exchange FTX. The majority of the assets were being in the form of shares of the popular trading app, Robinhood. […]
ByBit CEO’s Genesis Exposure Explanation Sparks Controversy in Crypto Community
The post ByBit CEO’s Genesis Exposure Explanation Sparks Controversy in Crypto Community appeared first on Coinpedia Fintech News Genesis Global Capital, the cryptocurrency lending platform owned and operated by DCG, filed for bankruptcy. According to the court document, the company has around 100,000 creditors. Bybit is one of the major creditors among these entities, with […]
Contributing To Banking Transformation in the MENA Region
Following the success of Verve Management’s first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023 taking place on March 7th & 8th in Dubai, UAE will highlight the magnitude of the role digitalization plays in reshaping the future of banking. The pandemic has forced digital acceleration at a massive […]
CleanSpark Kicksoff 50MW Bitcoin Mining Expansion
Bitcoin mining company – CleanSpark – has started the construction of the second phase on a site in Washington, Georgia, that is set to accommodate 16,000 miners. This move is expected to increase its hash rate total to as high as 8.7 EH/s, thereby contributing an additional 2.2 EH/s. In the new phase, the mining […]
2nd Edition Fintech Revolution Summit 2023 – Vietnam
We TraiCon Events will be hosting Vietnam’s premier fintech event titled as “Fintech Revolution Summit” supported by Fintech Association of Hong Kong scheduled on 27th & 28th March 2023 in the Hotel Grand Plaza Hanoi, Vietnam. This forum will be attended by over top 300+ participants includes BFSI experts, fintech leaders, ministry & central bank […]
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing to pay the perpetrators. Chainalysis Registers Significant Decline in […]
SBF to forfeit $700M worth of assets if found guilty of fraud
While most of SBF’s have been seized, Federal prosecutor Damian Williams outlined that the government is also looking to take control of three of his affiliated Binance accounts.
NFT Signals Has A Makeover – Check Out The New Look Signals Service
While the NFT space was suffering from the brunt of the bear market, there was one platform that, to this day, continues to make gains […]
What is SingularityNET And Why Is Its AGIX Token Exploding By 116%?
The popularity of artificial intelligence applications has been growing as popular platforms like SingularityNET and ChatGPT become mainstream. With Microsoft investing $10 billion on ChatGPT, we should expect AI applications to become more mainstream in the next few years. AGIX, the native token of the SingularityNET, is capitalizing on this as it tallied huge gains […]
Cardano To Enhance Cross-Chain Development with New Cryptographic Primitives
Input Output Global (IOG), the developer behind the Cardano blockchain platform, has announced plans to add new built-in functions to its smart contract programming language, Plutus, to support Elliptic Curve Digital Signature Algorithm (ECDSA) and Schnorr signatures. The move is aimed at making it easier for developers to build cross-chain applications, as currently, Plutus developers […]