FTX Debtors said on April 9 that it had released a report that “identifies and discusses control failures” by Sam Bankman-Fried and his colleagues when they ran the collapsed cryptocurrency exchange. John Ray, the CEO of the FTX Debtors, said the FTX Group “was tightly controlled by a small group of individuals who falsely claimed to manage it responsibly.” More…
Bitcoin (BTC) rose to its highest level in ten months on April 10 as traders await this week’s April 12 consumer price index report to gain deeper insight into the Federal Reserve’s fight against sticky inflation. If the report shows inflation dropping, it could be the next possible catalyst that further’s BTC’s upward move. On April 10, BTC price soared…
The topic of central bank digital currencies is in the crossfire of United States politicians, with figures like Ron DeSantis and Ted Cruz trying to prevent them from existing. But what about a statewide digital currency? The first of its kind, a gold-backed state-based digital currency project has appeared in Texas. On the same day, two Texan lawmakers introduced identical…
Vishal Gupta, who has been the head of exchange at Coinbase, is reportedly leaving his position after more than two years at the United States-based cryptocurrency exchange. According to an April 10 Bloomberg report, Gupta planned to exit Coinbase but remain in the crypto space, suggesting he could be planning to start a new project focused on digital assets or…
The Pew Research Center’s latest U.S. cryptocurrency report, published April 10, shows little in the way of surprises when it comes to the nation’s adoption and confidence in the burgeoning crypto market. Perhaps the biggest takeaway is Pew’s finding that 75% of U.S. adults who’ve heard of cryptocurrency have little or no confidence in their safety and reliability. That statistic…
press release PRESS RELEASE. SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs to propel its platform’s growth and solidify its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with DWF Labs providing strategic backing and support to accelerate the company’s ambitious plans for…
After days of consolidation near the local high, Bitcoin is trying to breakout and challenge the $30,000 level. Source: https://cointelegraph.com/news/price-analysis-4-10-spx-dxy-btc-eth-bnb-xrp-ada-matic-doge-sol
In what it’s calling an industry first, Fortune released the ‘Fortune Crypto 40’ on April 10. This analysis-based list highlights five cryptocurrency companies in each of eight categories and relies on a combination of analysis and executive polling to determine the winners. Congratulations to the Fortune Crypto 40 winners — a list of the best companies in crypto based on…
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining. The article’s authors claim that bitcoin mining is harmful to the environment, while the editorial also alleges that…
Inspired by success in 2022 and an impressive list of designers who attended that year’s Metaverse Fashion Week, Decentraland held another event this year from March 28–31. The week’s theme, “Future Heritage,” aimed to connect the next generation of creators with traditional fashion designers. It’s the second time digital fashion’s core members — including Zero10, DressX and The Fabricant —…
