Halving is an event that takes place every four years in the cryptocurrency world. It is followed particularly closely by the community, as it has the effect of boosting the Bitcoin price every time. The next halving event is due to take place in April 2024. If you’re a cryptocurrency owner, you’ve probably noticed that … Read more
Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images In sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the … Read more
Wenjin Chen | Digitalvision Vectors | Getty Images Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams. The Financial Conduct Authority said in a statement Tuesday that any marketing for financial products — including … Read more
Bitcoin is increasingly seen as a strong store of value, and a there are a range of different ways you can take advantage of its big swings in price to generate some profit for yourself, or create a digital nest egg for the future. But futures and ETFs aside, if you want to own your … Read more
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. The sentence in Manhattan federal court was significantly less than the 40 to 50 years in prison that federal prosecutors wanted for Bankman-Fried, but … Read more
The cryptocurrency and blockchain market has experienced its fair share of volatility, with periods of significant ups and downs shaping the industry’s landscape. However, recent developments signal a brighter outlook for the sector. Notably, Bitcoin (BTC) reached a new milestone by surpassing $71,000 for the first time during Asian trading hours on March 11th, buoyed … Read more
In a bid to crack down on misleading crypto and investment memes, Britain’s financial regulator has issued guidelines for financial firms and finfluencers (financial influencers) who make memes about investments and cryptocurrencies. In a statement, the watchdog emphasised that all financial product marketing, including memes, must be fair, clear and not misleading. This announcement on … Read more
Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. Michael M. Santiago | Getty Images Heather Ferguson’s son lost approximately $130,000 in cash when crypto exchange FTX went bankrupt in November 2022. At the time, Ferguson traveled to where her child was … Read more
In this photo illustration, Anthropic logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million, according to a filing submitted … Read more
Brent Whitehead and Matt Lohstroh at the first unit they built in east Texas. Matt Lohstroh The Argentine province of Mendoza is famous for its vineyards and full-bodied Malbecs. But the popular wine region in the foothills of the Andes mountains is also home to the world’s second-largest shale gas reserve called Vaca Muerta, which … Read more
