[ad_1] The trial of Sam Bankman-Fried, the disgraced founder of FTX and former crypto billionaire, has begun. Federal prosecutors accuse him of masterminding one of the most significant financial frauds in U.S. history. Bankman-Fried, once
[ad_1] The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures,
[ad_1] Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research. A Nansen
[ad_1] In brief Bankman-Fried creates FTX, which grows to be one of the largest cryptocurrency exchanges in the world and becomes a billionaire and poster icon for everyday cryptocurrency use. FTX collapses amidst controversy, and
[ad_1] In Cuba’s capital, Havana, a Bitcoin community has emerged from an economically antagonistic environment.“Satoshi didn’t create Bitcoin for Cubans, but it really comes in handy for us,” Forte, co-founder of the aptly named local
[ad_1] U.S. prosecutors said that the current legal framework is sufficient to charge Sam Bankman-Fried, the founder of the collapsed crypto exchange FTX, for fraud-related violations. The Department of Justice (DOJ) outlined its position in
[ad_1] Cryptocurrency mining in Uzbekistan is overcoming major changes as the country’s major crypto market supervisor has approved a framework for licensing crypto mining operations. Uzbekistan’s National Agency for Perspective Projects (NAPP) issued a decree
[ad_1] Decentralized finance (DeFi) lending protocol Yield Protocol announced its decision to shut down by the end of the year due to the lack of business demand and global regulatory pressures. Yield Protocol will cease
[ad_1] El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology. The Bitcoin-friendly country’s $1 billion renewable energy
[ad_1] Binance CEO Changpeng Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman Fried for a futures crypto exchange in March 2019, according to an excerpt from Michael Lewis’ book “Going