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FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
UAE agriculture authority prohibits crypto mining on farms: Report
24.5.2024
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722
This Might Be The Worst Thing Stephen Colbert's Ever Done
23.5.2024
I feel like I need to start with an apology. I’m so sorry. You were just minding your own business, scrolling the internet, and living your life blissfully unaware that late-night TV host Stephen Colbert recently premiered a Skibidi Toilet sketch featuring President Joe Biden’s head on CBS. And...
Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy?
23.5.2024
Despite Nvidia's impressive Q1 earnings report, the price of AI-related cryptocurrency tokens fell briefly, contrary to Crypto trader's expectations.
The post Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy? appeared first on Cryptonews
US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
SEC fines NYSE parent company $10M for failing to report cyberattack
22.5.2024
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange
Coffeezilla calls out AI firm Rabbit over alleged NFT scam
22.5.2024
Coffeezilla said that the artificial intelligence product Rabbit R1 was overhyped, similar to the Gama NFT project, which he believes to be a “scam.”
Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
22.5.2024
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats
SEC contacted exchanges to update spot Ether ETF applications: Report
21.5.2024
Officials reportedly contacted the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to make updates and changes to existing spot Ether ETF applications
Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals
21.5.2024
According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over the past day, coasting along at $3,785 per unit...
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
21.5.2024
FDIC Chair Martin Gruenberg to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator.
The post FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report appeared first on Cryptonews
Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report
21.5.2024
The Russian crypto mining industry could grow “by between 20% and 40%” in 2024, a new report has claimed.
The post Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report appeared first on Cryptonews
Prometheum launches Ether custody service that treats ETH as a security: Report
21.5.2024
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month
Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report
21.5.2024
South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop.
The post Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report appeared first on Cryptonews
CPI report spurs $932M inflows into crypto investment funds
20.5.2024
Digital asset investment funds attracted $932 million in weekly inflows, according to CoinShares data
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
20.5.2024
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
The post Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report appeared first on Cryptonews
Ripple Publishes Scholar’s Call for Quantum-Resistant Cryptography in Blockchain
20.5.2024
Ripple's latest report features University of Trento Professor Massimiliano Sala’s advocacy of the need for new cryptosystems to protect blockchain from future quantum computing threats.
The post Ripple Publishes Scholar’s Call for Quantum-Resistant Cryptography in Blockchain appeared first...
Solana Leads with 91M Daily Transactions, Surpasses Ethereum: CoinGecko Report
19.5.2024
Solana has proven to be the fastest among large blockchains, processing a staggering 91 million transactions in a single day.
The post Solana Leads with 91M Daily Transactions, Surpasses Ethereum: CoinGecko Report appeared first on Cryptonews
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals
19.5.2024
The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows.
The post PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals appeared first...
Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report
18.5.2024
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter.
The post Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report appeared first on Cryptonews