Peter Schiff Anticipates No Further Interest Rate Hikes Amid Middle East War — Warns ‘Crisis Is Assured’
12.10.2023
Economist Peter Schiff compared the attack on Israel to 9/11, calling it “the beginning of a bad situation.” He highlighted several factors that will weaken the U.S. economy, which he described as “already structurally weak.” The economist stressed: “The U.S. can’t even...
Binance, Snapchat and capital among things SBF was 'freaking out about'
12.10.2023
Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi Crown Prince, according to Alameda former CEO Caroline Ellison
USDR stablecoin depegs to $0.53, but team vows to provide solutions
12.10.2023
Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions
Computable Functions Verified on Bitcoin — How BitVM Seeks to Elevate BTC’s Smart Contract Game
12.10.2023
A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its fair share of criticism. Can BitVM Set a...
Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital
12.10.2023
Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round.
Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro-crypto investor Mike Novogratz’s Galaxy Digital.
Other key investors...
Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments
12.10.2023
A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediation....
Read More: Federal Judge Orders Mediation for BlockFi and Three Arrows...
US stocks rise as traders wait for inflation data
12.10.2023
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th
Alameda’s $150M Bribery Bombshell: Thai Sex Workers and Sam Trabucco’s Disappearance Fuels Mystery
12.10.2023
In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The narrative thickens as the former co-CEO, Sam Trabucco, has seemingly...
Stellar Partners With Certora for Security Checks on Soroban Smart Contracts
11.10.2023
The Stellar Development Foundation (SDF) has announced its initiation of security checks for Soroban, the advanced smart contract platform within the Stellar network. This is in anticipation of Soroban's launch.
To carry out these comprehensive security audits, SDF has teamed up with Certora,...
Ellison Breaks Down on Witness Stand: "I Didn't Have to Live a Lie Anymore"
11.10.2023
The courtroom watched with bated breath as former Alameda Research CEO, Caroline Ellison, broke down on the witness stand as she testified against Sam Bankman-Fried on the afternoon of Wednesday, October 11th....
Read More: Ellison Breaks Down on Witness Stand: "I Didn't Have to Live a Lie Anymore"
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
11.10.2023
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
11.10.2023
The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx