Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse. Source: https://cointelegraph.com/news/ftx-nishad-singh-sentenced-guilty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Stablecoins boosting demand for US T-bills: Treasury Dept
The United States Treasury Department is taking an interest in stablecoins and tokenization. Source: https://cointelegraph.com/news/stablecoins-boosting-demand-us-treasury-bills?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gemini – Crypto, Covered
In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their portfolios and navigate the complexities of the digital asset landscape. With a commitment to regulatory compliance, user-friendly interfaces, and […] Source: https://news.bitcoin.com/gemini-crypto-covered/
Kraken restructures with new co-CEO, layoffs reported
Kraken hinted that its managerial structure would be reformed, without explaining the details. Source: https://cointelegraph.com/news/kraken-new-co-ceo-appointment-layoffs-reported?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Centralized stablecoins may pose risk to DeFi — Curve Finance founder
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown. Source: https://cointelegraph.com/news/centralized-stablecoins-pose-risk-defi-curve-finance-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders take a breather as BTC price metrics hint new highs are incoming
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs Source: https://cointelegraph.com/news/bitcoin-traders-take-a-breather-as-btc-price-metrics-hint-new-highs-are-incoming?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […] Source: https://news.bitcoin.com/bitcoins-hashrate-hits-all-time-high-at-740-eh-s-what-it-means-for-miners/
Crypto Exchange Kraken Cuts Staff in Move to Be ‘Leaner and Faster’
American crypto exchange Kraken has laid off staff, making it the third major company in the space to do so this week—despite a surging Bitcoin price that nearly touched an all-time high on Tuesday. The San Francisco-based exchange also said that Arjun Sethi has joined as co-CEO alongside David Ripley. Sethi is also co-founder and Chairman at Tribe Capital, and…
Flow Traders, Wormhole partner to boost cross-chain liquidity
Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps. Source: https://cointelegraph.com/news/flow-traders-wormhole-partnership-cross-chain-liquidity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FINRA metaverse warning, Lazarus NFT attack, Thiel backs NFTs: Nifty Newsletter
Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome. Source: https://cointelegraph.com/news/finra-metaverse-warning-lazarus-nft-attack-thiel-backs-nfts-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound