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What has Sam Bankman-Fried been up to in jail?
3.10.2023
Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August
Free Talk Live Co-Host Ian Freeman Sentenced to 8 Years for Running Unlicensed Bitcoin Business
2.10.2023
Following his conviction for unlicensed money transmission, money laundering, and tax evasion at the close of December 2022, Keene dweller, libertarian activist, and Free Talk Live co-anchor, Ian Freeman has been sentenced to eight years behind bars this Monday. His fellow Free Talk Live co-host...
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...
Leased proof-of-stake (LPoS), explained
30.9.2023
This article provides a deep dive into leased proof-of-stake (LPoS), establishing how it works, its benefits, key features and its role in blockchains
US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
29.9.2023
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this...
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Bitcoin ETFs Explained: A Closer Look at BTC Exchange-Traded Products
24.9.2023
Exchange-traded funds, or ETFs, that track the price of bitcoin have become a popular means for mainstream investors to gain exposure to the cryptocurrency market without directly owning bitcoin. Though the U.S. Securities and Exchange Commission has not approved a spot bitcoin ETF in the U.S....
Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’
24.9.2023
Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he predicted: “The next 10 to 20 years...
Binance’s Work Culture Explained
22.9.2023
Game rooms, unlimited food buffets, massage chairs and all those gimmicks were so 2010’s. Sure, it has been fun for a while, but soon enough, we started seeing more and more reports and news articles about how these incentives don’t accomplish their goal. No matter how many fancy perks there...
Cross margin and isolated margin in crypto trading, explained
20.9.2023
Cross margin uses whole balance, and isolated margin allocates specific collateral for each trade, encouraging diversification
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
Starfield: Afflictions And Environmental Damage Explained
19.9.2023
Space can be a rough place for soft-bodied adventurers. Ya got limbs to worry about, not to mention afflictions like hypothermia from being out in the cold too much. But Starfield isn’t the best at letting you know how these things work, forcing an adventurer such as yourself to go digging through...
Bank of Russia Governor Elvira Nabiullina: ‘Cash Is Not Going Away’
19.9.2023
Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future implementation of the digital ruble was directed...
Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law
19.9.2023
Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance...
Ponzi vs. pyramid schemes: What’s the difference?
13.9.2023
Ponzi schemes promise returns generated from the money of future investors, while in pyramid schemes, income flows up through recruitment
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...
How artificial intelligence can impact supply chains and logistics
12.9.2023
Many supply chain and logistics organizations are seeking AI-driven solutions to enhance their workflow efficiency
India to Finalize Crypto Stance in Coming Months, Economic Affairs Secretary Says
12.9.2023
India’s economic affairs secretary says the Indian government will decide on the country’s crypto position “in the coming months.” He explained that the government will consider all the recommendations presented at the G20 summit regarding crypto regulation “very carefully...
Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In
12.9.2023
Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility...
What is quantitative easing, and how does it work?
9.9.2023
Quantitative easing is a monetary policy tool where a central bank purchases financial assets to increase the money supply and stimulate economic activity