Sam Bankman-Fried receives 25-year sentence in landmark fraud case


Judge Sam Bankman-Fried sentenced the former CEO of FTX to 25 years in prison on Thursday for stealing $8 billion from consumers of the cryptocurrency exchange he founded, which is now bankrupt. During a court hearing in Manhattan,   the penalty was imposed by U.S. District Judge Lewis Kaplan...

Solana soars while other altcoins wait for their turn to shine


Solana is dominating the altcoin market as other tokens wait for their moments to shine. Analysts have said that the actual season for altcoins is likely to come after Bitcoin Halving, adding that what’s happening now is the initial phase of the season. SOL has roughly gained 850% in the last...

ECC introduces Zashi, a mobile wallet for Zcash


ECC has launched Zashi, a mobile wallet that enables its users to transact Zcash or ZEC. Additionally, it empowers users to undertake other functions as well, like shielding digital assets and collateralizing the token. Zashi is available on iOS at the moment. The launch on Android is slated...

Bitwise Joins Ethereum Spot ETF Race, Files Application with SEC


Crypto investment firm Bitwise has submitted an application to the Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF).  The post Bitwise Joins Ethereum Spot ETF Race, Files Application with SEC appeared first on Cryptonews

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