Disgraced FTX founder Sam Bankman-Fried’s legal team called the 100-year sentence recommended by the jury “grotesque” in a court filing on Tuesday. Bankman-Frid has hired a new team of lawyers, headed by Marc Mukasey, to represent him at his sentencing on March 28 in Manhattan. Mukasey has previously represented former U.S. president Donald Trump and members of the Trump Organizations.…
Shawn Layden, who served multiple prominent leadership roles in Sony’s PlayStation division during his 32 years with the company, has joined blockchain gaming infrastructure startup READYgg. The firm also announced a new $4 million funding round alongside the appointment. Layden departed Sony in 2019 as the Chairman of Sony Interactive Entertainment (SIE) Studios and had simultaneously served as the President…
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992, highlighting a period of volatility but with an extremely bullish undertone. Bitcoin The market cap […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-a-series-of-successive-gains-signals-strong-market-confidence/
Kraken Rewards is our new feature that allows users to seamlessly earn returns on all of their eligible assets with a single click. This is an easy and flexible way to make crypto assets work harder, while also helping support the crypto ecosystem by helping validate transactions. Gone are the days of manually clicking through your portfolio to earn on…
Building a crypto exchange following the collapse of FTX and the regulatory penalties of Binance undoubtedly draws additional scrutiny for Backpack. But it also provides a roadmap of what not to do—and Backpack co-founder Armani Ferrante tells Decrypt that he welcomes the opportunity to avoid the usual industry pitfalls. “We really want to be one of these bastions of integrity…
The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products. Enhancing […] Source: https://news.bitcoin.com/digital-euro-association-partners-with-hbar-foundation-to-boost-understanding-of-cbdcs-and-stablecoins/
Palm-scanning “proof of humanity” project Humanity Protocol has announced a successful fundraising round, with investors including Polygon co-founder Sandeep Nailwal and Animoca Brands co-founder Yat Siu. In all, more than 20 venture capital firms also invested in the strategic investment round, including Hashed, CMCC, Cypher Capital, Foresight Ventures, and Mechanism Capital. In a statement, Humanity Protocol founder Terence Kwok called…
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the new bitcoin mining machines is projected to increase the “self-mining” hashrate capacity of Riot’s Rockdale Facility to 15.1 EH/s. Replacement of Underperforming Miners […] Source: https://news.bitcoin.com/bitcoin-miner-riot-acquires-31500-next-generation-m60s-mining-machines-worth-97-4-million/
Bitcoin shot past $59,000 early Wednesday morning and Ethereum reached the $3,300 mark amid growing bullish sentiment among crypto traders. Together, BTC and ETH now account for $1.5 trillion, or 67%, of all digital assets globally. In the past day, the global market capitalization has grown by 3% to $2.3 trillion. The Bitcoin price, currently $59,266.94 has risen 5.4% since…
N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players to bet, wager, and win in the best games of skill and chance. The ecosystem’s platforms are already licensed in Uganda and Kenya. Li Aleksandr […] Source: https://news.bitcoin.com/aleksandr-li-understanding-pik-swap-and-the-hybrid-decentralized-wager-platform/
