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Former FTX exec will give up real estate, car, and $11M following guilty plea: Report
7.9.2023
Ryan Salame will reportedly remain free on a $1-million bond until his sentencing hearing scheduled for March 2024
Report: Former FTX Co-Chief Ryan Salame Contemplates Guilty Plea
7.9.2023
According to insiders who reached out to Bloomberg, there are intriguing developments surrounding Ryan Salame, the former co-chief executive of FTX Digital Markets. The buzz is that he is gearing up to admit guilt in response to criminal charges. This marks a significant shift from his earlier...
Joint IMF and FSB Report Warns Against Total Crypto Bans
7.9.2023
A joint policy roadmap released by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) has cautioned against outright bans on cryptocurrencies.
The policy paper, commissioned by the G20 under India's leadership, has emphasized the need for comprehensive regulatory...
Former FTX exec is planning to plead guilty to criminal charges: Report
7.9.2023
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh
Report: Nintendo Is Holding Secret Switch 2 Demos For Developers
7.9.2023
A successor to Nintendo’s massively popular Switch gaming console has been rumored for years, but actual Switch 2 hardware now appears to be out in the wild. Eurogamer reports that Nintendo used a special version of The Legend of Zelda: Breath of the Wild to demo the new console for developers...
New Report: Crypto's Rich List Boasts 22 Billionaires and 88,000 of Millionaires
7.9.2023
The world of cryptocurrency, with a total market value exceeding $1 trillion, has produced 22 billionaires and 88,000 millionaires.
According to a recently released crypto wealth report by residence by investment firm Henley & Partners, which was created in collaboration with global wealth...
Tornado Cash co-founder pleads not guilty to all charges: Report
6.9.2023
Roman Storm, facing charges related to his role in helping create crypto mixer Tornado Cash, has been free on bail following his arrest by U.S. authorities in August
Report: Huawei’s Kirin Chip May Have Been Accelerated by Bitcoin Mining Orders
6.9.2023
A recent report by The Miner Mag suggests bitcoin mining orders might have sped up Huawei’s development of its new Kirin smartphone chip. The chip, which powers Huawei’s new Mate 60 Pro smartphone, was produced by China’s Semiconductor Manufacturing International Corp. (SMIC)...
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
5.9.2023
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
5.9.2023
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
A new report by the New York Times shows how the unfortunate crypto incidents have led to an unexpected “financial bonanza”...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
40% of crypto trading platforms are decentralized: World Federation of Exchanges
5.9.2023
The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there's a lack awareness on investor protection
Nigeria Tops Global Crypto Data With 99% Awareness: ConsenSys Report
4.9.2023
A recent survey shows Nigeria as the most crypto-savvy nation ahead of the United States and European countries.
According to a new report from YouGov and ConsenSys, Nigeria’s crypto awareness stands at 99% as the country leads in digital asset knowledge and perceived investment drive....
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Report: London Stock Exchange Group Mulls Blockchain-Based Trading for Traditional Financial Assets
4.9.2023
The London Stock Exchange Group (LSEG) is exploring the potential for using blockchain to offer extensive trading of traditional financial assets, a company executive told the Financial Times on Monday.
Per Murray Roos, head of capital markets at the LSEG, the company has reached an “inflection...
South Korea plans to submit bill to freeze North's crypto assets: Report
4.9.2023
The cybersecurity bill's latest version reportedly contains ways to "track and neutralize" crypto and digital assets stolen by North Korea, according to a local media report
99% of Nigerians are crypto aware - Consensys report
4.9.2023
A survey featuring respondents from all seven continents of the world suggests that Nigeria has the most crypto-aware populace globally
LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
4.9.2023
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times
Report: Kenyan Subscribers Constituted 25% Worldcoin’s Global Total in July
4.9.2023
At some point in July, there were as many as 350,000 Kenya-based residents who had subscribed and shown interest in receiving Worldcoin’s crypto token. According to a Kenyan legislator, Worldcoin executives are now expected to appear before a parliamentary committee on Sept....
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...