The US authorities have rejected Sam Bankman-Fried‘s appeal to overturn his conviction and sentencing related to the bankrupt FTX collapse. According to a recent court filing, the government found no merit in his claims, asserting that the jury’s verdict and the trial’s outcome were sound. Bankman-Fried, the founder of the now-defunct FTX exchange, had sought…
This is a segment from the Empire newsletter. To read full editions, subscribe. Let’s look ahead and forget about bitcoin (briefly) sliding under $100k, shall we? For Amberdata’s Greg Magadini, any altcoin szn is currently set to give retail a potentially profitable run. Though, clearly, this is crypto, and everyone should maintain caution. Anyway, he…
Ripple’s cryptocurrency XRP recorded a major drop in its price today. The asset’s price momentarily dipped to less than $2.20. Even after this, the cryptocurrency is still among the top-performing ones this year. The altcoin recorded a staggering 300% rise from January 1. While the asset is still at a distance from its all-time high,…
Leading Bitcoin miner Marathon Digital Holdings (MARA) purchased $1.53 billion worth of BTC on December 19, marking its second purchase this month. Over November and December 2024, the company raised an impressive $1.9 billion through zero-coupon convertible notes. This fund is fueling its aggressive Bitcoin acquisition strategy at a time when institutional interest in digital…
Abu Dhabi, United Arab Emirates, December 19th, 2024, GamingWire WorldShards, the Sandbox MMORPG released on the Open Loot platform alongside other successful web3 titles, has announced the launch of its complete in-game economy, set to roll out in December 2024. This milestone marks a pivotal step toward the game’s Token Generation Event (TGE) in early…
Federal Reserve Chair Jerome Powell shook financial markets this week, delivering a reality check that left traders scrambling. On Wednesday, Powell laid out a cautious approach to interest-rate cuts for 2025. Stocks nosedived 3%, bonds crumbled, and 10-year Treasury yields soared to their highest in seven months. The selloff was brutal—the worst post-meeting market reaction…
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $1.4 Billion Credit From the IMF,…
Dogecoin (DOGE) was trading at $0.3848 at the time of writing, with a 24 hour trading volume of $4.08 billion. In the past 24 hours the price has fallen 5.11%, and over the past week has fallen by 4.50%. Despite the recent decline, analysts believe that Dogecoin may be gearing up for a major breakout…
The United States Senator from Kentucky, Rand Paul, made a post on X (formerly Twitter) suggesting that billionaire business tycoon Elon Musk serve as House Speaker. This post on X followed the contentious debates over the continuing resolution (CR). The Speaker of the House need not be a member of Congress . . . …
The price of Shiba Inu (SHIB) has taken a significant hit, dropping over 22% within the past week. This sharp decline has been attributed to heavy sales by large holders, or whales, causing panic among investors. On December 19, SHIB experienced a further 10% drop, bringing its price below $0.000024. Despite this, hopes for a…
– Advertisement – As major cryptocurrencies soar to impressive new heights, attention turns to emerging projects poised to make a significant impact. The spotlight is now on a new contender that could redefine the meme coin landscape in the coming year. XYZVerse (XYZ) is bridging sports enthusiasm with meme culture, aiming to outperform previous successes…
Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program – BitcoinWorld Skip to content Home Press Release Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program Source link
Crypto.com, one of the top 10 crypto exchanges globally has appointed, a previous employee of UAE’s Ministry of Human Resources and Emiratization, as President of its UAE operation. Mr. Mohammed Al Hakim, a UAE national, will be responsible for business development, strategic partnerships, and financial innovation, given that the UAE is a critical market for…
Telegram’s premier Web 3 gaming platform Pixelverse partners with leading memecoins on Base to bring the memecoin characters to “life”. This follows a grant from Gate.io’s $50 million Meme fund. Pixelverse, a leading game publisher with over 1 million monthly active players, announced its partnership with leading BASE memecoins to redefine the Web 3 gaming…
Hong Kong has issued licenses to four virtual asset platforms, raising the total number of approved exchanges to seven. The fast-tracked licensing process includes strict inspections to ensure compliance with risk management and operational security standards. Proposed regulations for stablecoins aim to enhance investor protection while fostering responsible crypto integration in Hong Kong’s financial ecosystem. …
Recent developments have seen Bitcoin‘s value drop to $100,500, primarily influenced by the International Monetary Fund (IMF) and its ongoing efforts to address Bitcoin-related policies globally. The IMF has been scrutinizing countries’ responses to its warnings regarding Bitcoin, especially in relation to credit requests. This situation raises questions about potential counteractions as the United States…
December 19, 2024 at 08:10 PM GST updated: December 19, 2024 at 07:45 PM 2 mins read News Solana captured 53% of global crypto users, surpassing all other blockchains combined. November DApp revenue reached $365M, with Pump.fun earning $106M despite controversy. Memecoin DApps led 2024 earnings, generating $509M, driven by explosive category growth Solana captured…
The astonishing rally in XRP, the cryptocurrency affiliated with Ripple’s blockchain solutions, has left onlookers stunned by its meteoric price appreciation. Captivating the crypto community with its parabolic price action, XRP’s surge has prompted spirited debate regarding the digital asset’s capability to scale unforeseen heights in the hundreds of dollars per coin. Among the optimistic…
Home » Journal » Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program Panama City, Panama, December 19th, 2024, Chainwire PoSciDonDAO has announced that Boost VC has invested in the project, representing a significant step forward in its mission to decentralize scientific research and…
The Bitcoin price has fallen to $100,500, largely due to the IMF not fully achieving its goals. The IMF has been warning countries about Bitcoin and assessing whether its warnings are taken seriously, particularly concerning credit requests. As the United States begins to embrace cryptocurrencies, it raises the question of whether any countermeasures can be…