Sam Bankman-Fried is serving 25 years in prison for FTX’s $8 billion collapse. Rumors of a presidential pardon grew after Elon Musk mentioned SBF’s ties to the Democratic Party. Polymarket shows only a 16% chance of a pardon, but SBF’s political donations fuel the debate. Sam Bankman-Fried (SBF) faces 25 years in prison after being…
Robinhood CEO Vlad Tenev recently addressed the company’s approach to cryptocurrencies, specifically its position on holding Bitcoin. Speaking in an interview with Anthony Pompliano, Tenev revealed that internal discussions about maintaining Bitcoin reserves occur periodically. However, the company currently has no plans to add Bitcoin to its treasury for investment purposes. Robinhood CEO Explains Bitcoin…
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Telegram officially became profitable in 2024, generating over $1 billion in revenue for the first time, according to the platform’s founder, Pavel Durov. Durove announced the achievement in a social media post on Dec. 23, marking a pivotal moment for the messaging platform, which has faced persistent financial challenges, accumulating debt, and legal scrutiny in…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Marginfi co-founder Edgar Pavlovsky departed suddenly from the Solana DeFi project in April. The split wasn’t exactly amicable. “I don’t agree with the way things have been done internally or externally,” Pavlovsky wrote on X at the time. Now, eight months later,…
Bitcoin (BTC), the world’s largest cryptocurrency, was once considered a scam. The asset was previously condemned by global leaders and prominent personalities. However, the growth of the king coin has changed the perspectives of many. As Bitcoin began its rally and surged beyond the $100,000 mark, several started embracing the asset. Currently, an array of…
Shiba Inu (SHIB) price has entered a critical phase as multiple technical indicators suggest conflicting signals for its short-term trajectory. The popular meme coin has faced significant selling pressure over the past week, dropping 20% and seeing its market cap decline from $15 billion to $12.5 billion. The latest price action shows SHIB testing crucial…
Crypto.com rolled out a sports prediction market in the U.S. Monday amid a surge in gambling on real-world events among digital asset holders. The offering will serve a growing crop of crypto traders who want to wager on real-world events outcomes, leveraging Crypto.com’s popularity with sports fans in the U.S., Matt David, a company spokesperson,…
A prominent Dogecoin millionaire has recently predicted that Lightchain AI will emerge as the next big player in the cryptocurrency world. With its unique combination of artificial intelligence (AI) and blockchain technology, Lightchain AI offers a refreshing approach that stands apart from traditional cryptocurrencies. Unlike Dogecoin, which gained popularity through community-driven efforts and meme culture,…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele’s actions might jeopardize the disbursement of $1.4 billion for the country. Latam Insights Encore: Bukele’s Bitcoin Gambit Might Put…
Робърт Кийосаки, автор на книгата „Богат татко, беден татко“, отправи сериозно предупреждение за предстоящ световен икономически спад. Кийосаки твърди, че световният пазарен срив вече е в ход, посочвайки значителни финансови проблеми в Европа, Китай и САЩ. Той предположи, че това може да постави началото на по-дълбока фаза на „депресия“. Известният автор призова хората да вземат…
MicroStrategy, the leading corporate holder of Bitcoin, has acquired 5,262 BTC for $561 million. The company’s acquisitions of BTC have now increased its holding to 444,262 BTC, paid for at an average cost of $62,257 per Bitcoin. MicroStrategy’s ‘Bitcoin as a strategic asset’ play continues. Bitcoin also plays an important part in the company’s growth…
In a latest development, Usual has secured substantial funding of $10 million in its Series A round, led by Binance Labs and Kraken Ventures. Other backers included Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures and OKX Ventures. Usual has distinguished itself in the competitive stablecoin market with its unique approach to digital currency….
– Advertisement – As Bitcoin surpasses the remarkable $100,000 milestone this festive season, attention turns to affordable digital assets with immense potential. There are standout cryptocurrencies priced below a dollar that could be the next big breakout stars. Uncover these undervalued tokens that might offer impressive returns, and stay ahead in this thrilling market surge….
Mobile phone manufacturer Nokia has filed a patent for encrypting digital assets to increase their security. According to reports, the company applied to China’s National Intellectual Property Administration in June 2024. The abstract for the patent shows that the system will be capable of encrypting digital assets using a first key. With the process, digital…
Investors are constantly seeking the next breakthrough in the crypto world. An innovative AI-driven cryptocurrency is gaining momentum, hinting at returns that could mirror the remarkable rise of Solana. This digital asset merges artificial intelligence with blockchain, presenting a unique opportunity for astute traders to capitalize on its early potential. Catzilla: Roaring Into the Meme…
Dogecoin gains momentum with community-driven growth, celebrity endorsements, and use in microtransactions, securing its place as a top meme coin. Shiba Inu, based on Ethereum, challenges Dogecoin with growing potential for development, aiming to expand its real-world use cases. Pepe coin capitalizes on meme culture and exchange listings, maintaining market presence as a community-driven token…
VanEck’s head of digital asset research has put forth the idea that the United States could utilize a strategic Bitcoin reserve to mitigate its soaring national debt over the next 25 years. This proposal comes at a time when the national debt continues to rise, prompting discussions on innovative financial solutions. What Are the Potential…
December 24, 2024 at 02:23 AM GST updated: December 24, 2024 at 12:35 AM 2 mins read News Virtuals Protocol revolutionizes the Metaverse by integrating AI-powered gaming, fostering seamless and engaging digital interactions. Zcash ensures unmatched privacy in cryptocurrency transactions using zk-SNARK technology, offering total anonymity for users. Raydium drives liquidity and efficiency on Solana…
USDT issuer Tether announced a $775M investment in Rumble, a video-sharing platform that enforces free speech. The partnership looks to widen Rumble’s international scope and grant the company credibility as an alternative to YouTube. The move fits into Tether’s strategy of supporting technologies to encourage individual empowerment and societal resilience. Tether Invests in Rumble Boosting…