“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried.

FTX founder mulled giving Trump $5B not to run for president, says author

Former FTX CEO Sam “SBF” Bankman-Fried once looked into paying Donald Trump not to run for United States president, according to Michael Lewis, the author of a new book documenting t...

11 months ago

FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data

A bad actor who hacked the infamous crypto exchange FTX as it was collapsing is abruptly moving millions of dollars worth of crypto assets. According to data from blockchain intelligen...

11 months ago

XRP appears to be off to solid start in October

1 Billion XRP Unlocked From Escrow; Millions of Tokens Shifted by Ripple

According to crypto data tracker Whale Alert, Ripple has unlocked another 1 billion XRP from its escrow accounts. The release of the 1 billion tokens was done in three transactions. Th...

11 months ago

Brazil is set to issue digital identification documents for its more than 214 million citizens using blockchain technology.

Brazil to Issue Digital IDs for Its 214 Million Citizens Using Blockchain Technology

The states of Rio de Janeiro, Goiás, and Paraná will be the first to adopt this new system, utilizing a priva...

11 months ago

Stout Risius Ross, the valuation advisor for Celsius Network, confirmed the accuracy of the bankrupt firm’s valuation report.

Celsius valuation advisor approves value of debtors’ assets and liabilities

Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation adviser, Stout Risius Ross, confirmed the accuracy of the fair value of certain of the debtors’ ...

1 year ago

“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges.

How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in

FTX founder Sam “SBF” Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32-billion c...

1 year ago

“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics.

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend ...

1 year ago

According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.

Texas is home to nearly 30% of all Bitcoin hash rate — Foundry

The U.S. state of Texas accounts for over 28% of all Bitcoin hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry USA. 

1 year ago

Ethereum fighting for its place on market, successfully breaking through local resistance

Ethereum (ETH) Rebounds Massively: Crypto Waking Up?

Ethereum, the second largest cryptocurrency by market capitalization, is showing signs of life after a period of stagnation. The asset has recently seen a significant rebound, raising eyebrows a...

1 year ago

Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.

Europe drives institutional crypto adoption: Blockchain Expo Amsterdam

Europe remains fertile ground for the cryptocurrency ecosystem to flourish compared with harsher regulatory environments, according to prominent speakers at Blockchain Expo Europe 2023 in Amster...

1 year ago