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SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’

9.1.2023
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,” stressing that without them the consequences would...

New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases

8.1.2023
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape...

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

8.1.2023
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy...

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

7.1.2023
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups...

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...

Huobi net outflows crossed over 60M within the past 24 hours: Report

6.1.2023
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week

Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds

6.1.2023
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX

Trigun Stampede’s Pilot Episode Puts Any Gripes Over CGI Anime To Rest

6.1.2023
The winter 2023 anime season is hitting the ground running with the debut of hotly anticipated shows like Nier: Automata and Mappa’s take on Vinland Saga. But the anime with the most to prove to the anime community this season is Trigun Stampede, the CG remake of the classic ‘90s anime, Trigun....

5 Best Penny Cryptos Under $1 If Bonk Token Bull Run is Over

6.1.2023
The bull run in Bonk!, the first Solana-based dog meme coin, may have run its course. BONK, a token issued on the Solana blockchain that was airdropped a few weeks ago for free to Solana investors across the ecosystem, is sliding rapidly on Friday. According to DEX Tools, BONK/USD was last...

BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues

6.1.2023
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level...

US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

6.1.2023
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart...

Israel’s Securities Watchdog Seeks to Regulate Crypto Assets

6.1.2023
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s...