After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. Source: https://cointelegraph.com/app/public/index.php/news/sam-bankman-fried-testify-criminal-trial
Month: October 2023
BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin (BTC) easily soared above the $31,000 to $32,400 resistance zone on Oct. 23, which came as a suprise to many market participants. Usually, the price tends to consolidate or hesitate near stiff overhead resistance levels but that was not the case this time around. Market participants are bullish as they anticipate a Bitcoin spot exchange-traded fund to receive approval…
WhiteList Zone partners with Cointelegraph Accelerator
In the Web3 space, one of the key challenges for new projects and products is to get a motivated audience and for crypto-enthusiasts and investors — to find the most promising projects and get in earlier than others. This is where whitelists step in, addressing several critical aspects. A whitelist is a curated list of addresses or users with authorized…
FTX Selling the Pump? Estate Moves $8.6M Ethereum, Chainlink, Aave and Maker to Binance
Collapsed crypto exchange FTX is sending funds to Binance in what analysts say is the beginning of a sale to repay creditors. Crypto analytics company Nansen highlighted on Twitter the movement of $8.6 million in Ethereum, Chainlink, Aave, and Maker from FTX and Alameda Research wallets. The transfer to Binance is “to either sell or to prepare to sell these…
Polygon launches POL token contract on Ethereum to eventually replace MATIC
Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently don’t need to exchange their MATIC for POL. The POL token upgrade is now live on Ethereum mainnet. Polygon 2.0, released this summer,…
Bitcoin Hits $35,000, Reaching 16-Month High Amid ETF Hype
Bitcoin has just breached $35,000 per data from CoinGecko—a price not seen since May 2022. On the day, the move represents just a 4% rise; stepping back, however, the milestone arrives amid a very bullish week for the market’s largest cryptocurrency. Over the last seven days, Bitcoin has surged by more than 24%. It’s dragged the rest of the market…
‘Parallel’ Game Adds Over 120 New NFT Cards in Planetfall Expansion
Parallel Studios is launching its first expansion to its namesake sci-fi trading card game, adding over 120 new NFT cards that can be bought in blind packs and traded before they debut in the game, the studio announced Wednesday. As Parallel prepares to add its Planetfall expansion cards to its game, players can choose from one of three different card…
Sam Bankman-Fried Will Testify During His Criminal Trial
FTX founder Sam Bankman-Fried will testify during his criminal trial, hoping to convince a jury that he is not guilty of seven fraud and conspiracy charges, his defense lawyers said during a teleconference on Wednesday. The revelation comes as federal prosecutors are expected to wind their case down. They’ve signaled their final witness will be called to the stand on…
Sam Bankman-Fried will testify at criminal trial, say defense lawyers
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. Breaking news Join us on social networks Former FTX CEO Sam “SBF” Bankman-Fried will testify as part of his defense case, said his attorney Mark Cohen. In an Oct. 25 telephone conference between SBF’s…
Ethereum Staking: An Overview
Although it may surprise quite a lot of people, Ethereum has been stakeable long before the Merge. Ethereum staking has indeed been live since December 2020, but withdrawals have always been planned to be introduced only after the Shanghai update, which took place in April 2023. The process of staking crypto assets involves users actively participating in the transaction validation…