Once a favorite of collapsed digital assets exchange FTX, Solana (SOL) has dipped since ex-CEO of the crypto brand Sam Bankman-Fried started his criminal trial. The eighth biggest cryptocurrency by market cap is one of the worst-performing top digital assets as of this writing. It’s right now priced at $21.19, currently down 3% in the past 24 hours and more…
An ex-CEO of an investment firm has pleaded guilty to a “cherry-picking” scheme involving crypto futures contracts—in the first case of its kind. “Cherry-picking” refers to the practice of allocating profitable or unprofitable trades by investment managers and their staff to the accounts they wish in order to reap in profits. Peter Kambolin, the former Chief Executive Officer of Systematic Alpha…
The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital. In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in U.S. District Court for the Southern District of New York against Ehrlich and Voyager for alleged fraud and “registration failures” connected to…
Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices. Source: https://cointelegraph.com/public/index.php/news/trezor-new-hardware-wallet-metal-recovery-seed-backup
Upcoming battle royale shooter game StrayShot has signed a deal with NBA players LaMelo and Lonzo Ball—as well as their family’s lifestyle brand, Big Baller Brand (BBB)—to include the brothers and the rest of their prominent family as playable NFT characters, developer iBloxx Studios announced Thursday. More details on the playable LaMelo Ball and Lonzo Ball NFT characters will be…
During yesterday’s real-estate-backed U.S. dollar stablecoin Real USD (USDR) crisis, a trader appears to have swapped 131,350 USDR for 0 USD Coin (USDC), resulting in a complete loss on investment. According to the October 12 report by blockchain analytics firm Lookonchain, the swap occurred on the BNB Chain through decentralized exchange OpenOcean, at a time when USDR depegged from par…
Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. Source: https://cointelegraph.com/public/index.php/news/sbf-ftx-bitcoin-keep-btc-price-under-20k
Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. Source: https://cointelegraph.com/app/public/index.php/news/sbf-ftx-bitcoin-keep-btc-price-under-20k
AI Arena CEO Brandon Da Silva and COO Wei Xie discuss the challenges that come with building on Ethereum, ETH sidechains, and layer-two blockchains. Source: https://decrypt.co/videos/interviews/Gl80TQOm/why-ai-arena-is-building-on-arbitrum
Bitcoin (BTC) failed to hit $100,000 during the 2021 bull market because defunct exchange FTX kept selling BTC, analysis claims. In an X post on Oct. 12, Joe Burnett, senior product marketing manager at Bitcoin financial services firm Unchained, joined voices arguing that FTX executives suppressed BTC price strength. FTX testimony reveals mass BTC selling As the trial of former…
