Cocoa bean trader who lost $100,000 to FTX was first witness in Sam Bankman-Fried trial

Sam Bankman-Fried’s trial is underway in New York, as prosecutors try to prove the crypto entrepreneur misused billions of dollars of client money.

Cocoa bean trader who lost $100,000 to FTX was first witness in Sam Bankman-Fried trial

Marc-Antoine Julliard typically trades cocoa beans. But in the spring of 2021, the London-based commodities broker decided to diversify into cryptocurrency trading. His platform of choice was FT...

11 months ago

SEC Promotes Longtime Gary Gensler Ally to Top Media Relations Post

The Securities and Exchange Commission (SEC) on Wednesday afternoon announced a high-level appointment.

SEC Promotes Longtime Gary Gensler Ally to Top Media Relations Post

The cryptocurrency industry needs more friends in high places, but the Securities and Exchange Commission (SEC) continues to ramp up its crypto-skeptic personnel and resources.

11 months ago

Ripple vs. SEC: John Deaton Sheds Light on the Weaknesses of the SEC’s Case Against XRP

Challenging the SEC: Analyzing John Deaton and Nietzbux's Insights into Ripple's Legal Battle

Ripple vs. SEC: John Deaton Sheds Light on the Weaknesses of the SEC’s Case Against XRP

Recently, a series of tweets by John Deaton, the Founder of CryptolawUS and a prominent lawyer representing XRP holders. Nietzbux, a famous crypto enthusiast, ignited conversations about the fla...

11 months ago

HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement

On Wednesday, October 4, Hong Kong Exchanges and Clearing Limited (HKEX) introduced an upgraded version of its Stock Connect program called "Synapse."

HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement

Synapse leverages smart contracts written in the DAML programming language to automate post-trade workflows and mitigate settlement risks, thereby enhancing operational efficiency in the equitie...

11 months ago

Google's Gradient Ventures Leads $3.5 Million Investment in Humata AI

Humata AI Raises $3.5 Million Led by Google’s Gradient Ventures

Aiming to be the next big name in artificial intelligence-powered productivity, Austin-based startup Humata AI said on Monday that it had raised $3.5 million in funding led by Google&r...

11 months ago

OpenSea Unveils OpenSea Studio to Help Creators Easily Launch NFT Projects

Major NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects.

OpenSea Unveils OpenSea Studio to Help Creators Easily Launch NFT Projects

The company unveiled the new initiative in a Tuesday blog post, saying that OpenSea Studio aims to streamline the operational aspects so that creators can focus on their artistic endeavors....

11 months ago

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

The presiding judge, Analisa Torres, tossed SEC’s appeal and set a date for trial.

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

XRP surged 5% after a judge dismissed the SEC’s appeal in its case against Ripple, ruling in Ripple’s favor in July. The SEC failed to prove substantial difference...

11 months ago

Sam Bankman-Fried: Trial of 'Crypto King' begins

Former crypto billionaire Sam Bankman-Fried is staring down decades in prison, as his trial over what has been called one of the biggest financial frauds in US history gets under way.

Sam Bankman-Fried: Trial of 'Crypto King' begins

Opening arguments in the case are expected later in New York, after jury selection on Tuesday. The 31-year-old, who once ran one of the world's biggest cryptocurrency exchanges, is...

11 months ago

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management.

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United States Federal...

11 months ago

Binance Aids Thai Police in Crackdown on Crypto-Related Criminal Networks

Crypto exchange Binance has played a major role in aiding Thailand’s Royal Police in identifying and cracking down on several crypto-related criminal networks.

Binance Aids Thai Police in Crackdown on Crypto-Related Criminal Networks

The company told Cryptonews that Binance’s investigations team alongside the Cyber Crime Investigation Bureau (CCIB) and the Royal Thai Police's Central Investigatio...

11 months ago

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