As some have called into question the health of crypto exchange Binance by criticizing its latest proof-of-reserves report and pointing to recent withdrawals, the firm has shot back against what it ca...
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CFTC drags SBF to court for fraud
The Commodities Futures Trading Commission has slammed a lawsuit on the CEO of the defunct exchange FTX. According to the filing, the exchange, alongside Alameda Research, a sister company, was listed...
BTC, XRP, and SHIB Rally as US CPI Data Comes in Lower than Expected
– Advertisement – The latest CPI report suggests that cost gains eased to 7.1% YoY in November, lower than the expected 7.30% rate. Data from the United States Bureau of Labor Statistics s...
Justin Sun Pouring More Fundings to Keep USDD Stable
Justin Sun tweeted on Monday morning to say that he had traded USDD, the native stablecoin of Tron, for over $773,000 worth of other currency. The founder of Tron tweeted, “Deploying more capital—stea...
Canada Issues New Stringent Guidelines For Crypto Exchanges
27 seconds ago | 2 mins read Exchange News The regulator requires firms to keep their customers’ assets separate from their own. Exchanges will have to comply with prohibition on margin and leverage t...
SBF claims law firm Sullivan & Cromwell pressured him into bankruptcy filing for legal, consultancy fees
Former FTX CEO Sam Bankman-Fried (SBF) claims in his planned testimony before the U.S. House of Representatives Committee on Financial Services that he was pressured into filing for bankruptcy for the...
Warren Buffett’s Take On Recession Investing
| Getty Images Key takeaways Warren Buffett is one of the world’s most successful investors. Buffett sees recessions as an opportunity to buy shares at a discount. For most people, he recommends a sim...
Bitcoin Hits $18,000 on Low Inflation Numbers, Market Reacts Positively
Investors celebrated the latest inflation report from the United States, which came in below market expectations. The consumer price index (CPI) rose 0.1% in November, according to the U.S. Bureau of ...
Dogecoin: news on Elon Musk’s class action
The class action lawsuit for Elon Musk to the detriment of the Dogecoin Foundation was recently updated after plaintiffs filed their second amended complaint yesterday. In fact, a court conference is ...
BTC/USD Kicks Off Above $17,500
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is seeing some green during this week’s market opening and seems poised to reclaim hi...
Gold price forecast amid making the largest move in the last 24h
Gold price is on the move – unsurprisingly, given the fact that the November US inflation report was released today. However, it is worth paying attention to gold’s move because it is the largest in 2...
Binance Could Be Facing Money Laundering Charges
The U.S. Department of Justice is conflicted about the decision to charge the crypto exchange in the 2018 anti-money laundering laws investigation. DOJ Considers Charging Binance The crypto exchange,...
Inflation rises 7.1% over last year
Consumer prices rose less than expected in November, the second-straight month inflation pressures moderated more than anticipated by economists. The Consumer Price Index (CPI) for November showed a 7...
Bitcoin Hodler Supply Reaches ATH, But Quiet Period Ahead
Crypto and Bitcoin markets are heading for a lull period if the on-chain activity is anything to go by. In its last weekly on-chain report for the year, analytics provider Glassnode reported that Bitc...
Best Twitter threads of the day – December 13th
SEC charges on FTX “From the inception of FTX, Bankman-Fried diverted FTX customer funds to Alameda, and he continued to do so until FTX’s collapse in November 2022.” — Laura Shin (@laurashin) D...
The FTX money trail: Bankruptcy lawyers shift attention to these FTX donees
If guilty, several representatives that accepted donations from FTX would be forced to return them SBF’s personal donation amounted to $40 million as per reports It has been a little over a month sin...
Tighter Security Regulations For Crypto Platforms In Canada
Canadian regulators have advised putting in place a coordinated oversight regime for all crypto trading platforms. Crypto platforms that are seeking registration will need to sign an undertaking to ad...
BTC, ETH and the Upcoming US CPI & FOMC Meeting (this Week)
BTC and ETH prices are again gaining momentum. The US CPI announcement and FOMC meeting will be held this week. Prices of major cryptocurrencies affected due to adverse market conditions. BTC, ETH &am...
The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings ⋆ ZyCrypto
Advertisement     Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law e...
Sam Bankman-Fried Hit With Six Counts of Fraud and Two More Charges in New Indictment
Disgraced former FTX CEO Sam Bankman-Fried has been hit with a lengthy list of charges from federal prosecutors in a newly unsealed indictment. According to the indictment issued by the Southern Distr...
Twitter’s Paid Blue Tick Re-launches After Pause, But There’s Catch
Twitter is going to start ‘Twitter Blue Tick’ again for its users. When the company started this service a month ago, the social media company had to suspend the service due to the sudden creation of ...
Why you’ve been getting so much Gmail spam about Yeti coolers
The Yeti logo is seen on a cooler for sale at the company’s flagship store in Austin, Texas. Sergio Flores | Bloomberg | Getty Images Over the past few months, Americans have been receiving emai...
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD – Market Updates Bitcoin News
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. De...
SBF Seeks A Chance At Redemption To Repay FTX Victims
The crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high, with famous...
‘The White Lotus’ Ends Season 2 With Plenty Of Unanswered Questions
Tanya (Jennifer Coolidge) in HBO’s The White Lotus HBO HBO’s The White Lotus concluded its second season with an incredible finale, as all of that simmering tension and sneaking suspicion finall...
Canada bans crypto leverage and margin trading after FTX collapse
Authorities in Canada are taking measures to better protect Canadian cryptocurrency investors in the aftermath of the FTX collapse and the spreading contagion. The Canadian Securities Administrators (...
Hong Kong Eliminates Inbound Travel Restrictions
China Last Night KraneShares Key News Asian equities were broadly higher as China, Taiwan, and South Korea underperformed though volumes were light in advance of today’s US CPI release and tomorrow’s ...
Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony
“Traders don’t want to hold Silvergate Capital this week as fears that any testimony from FTX could be damning,” said Edward Moya, senior market analyst of the Americas at Oanda. “Lawmakers are ...
FTX execs had ‘free rein’ over exchange, Alameda, CEO Ray says
Sam Bankman-Fried and his top lieutenants had “free rein” over failed crypto exchange FTX and its sister trading firm, Alameda Research, the new FTX CEO said in a congressional hearing. Testify...