DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban
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by Cheyenne Ligon
1y ago
Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research ..read more
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The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
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by Matthew Niemerg
1y ago
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This Metric Suggests Bitcoin Could Be In Danger Of Another Selloff
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by Hououin Kyouma
1y ago
A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy Has Rapidly Gone Up As pointed out by an analyst in a CryptoQuant post, the selloff could potentially be even stronger than the one seen in November 2018. A relevant ..read more
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Mississippi, Missouri Lawmakers Introduce Bills To Protect The Rights To Mine Bitcoin And Run A Node
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by BtcCasey
1y ago
Committees from both states will soon vote on bills that would provide a variety of protections for Bitcoin mining operations and node runners. Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally protect their citizens’ rights to run a Bitcoin node and to mine BTC. Excerpt of Mississippi’s ..read more
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Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy
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by Cheyenne Ligon
1y ago
James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter ..read more
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Bullish Indicator: Bitcoin Shakes Off Genesis Bankruptcy Filing
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by Best Owie
1y ago
Bitcoin has not moved as expected despite the news of Genesis, one of the largest crypto lenders in the world, filing for bankruptcy. This lack of negative movement from bitcoin in response to the news could cement the digital asset’s path to the upside in the coming weeks. Bitcoin Remains Unfazed By Genesis Despite the ..read more
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Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy
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by Brandy Betz
1y ago
Two Washington, DC-area pensions invested $35 million in a VanEck fund listed as a Genesis creditor ..read more
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Sell Pressure Mounts On Bitcoin As Miners Offload More BTC
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by Dalmas Ngetich
1y ago
CryptoQuant data on January 20 shows an unusually sharp spike in Bitcoin miners’ outflow, an unexpected development considering the solid performance of BTC prices in the past few trading days. Miners’ Position Index (MPI) Rising The Miners’ Position Index (MPI) is up from -0.85 registered on December 31, 2022, to +3.25 on January 19, 2023. The ..read more
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Crypto Lender Genesis Global Capital Is FTX's Largest Unsecured Creditor
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by Camomile Shumba
1y ago
Crypto exchange FTX and it’s affiliated subsidiaries owed Genesis Global Capital over $226 million, according to a recent filing ..read more
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XRP Vs. Cardano (ADA), Which Is The Better Investment In 2023?
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by Jake Simmons
1y ago
Cardano (ADA) and XRP are popular entry-level investments in the crypto market due to their low prices below $1. But what are the prospects for both altcoins in 2023? We’ll take a look at the fundamentals as well as the technical analysis perspective. XRP Prediction 2023 The success of the XRP price this year could ..read more
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