Gary Wang faced up to 50 years in prison before plea deal and is still not guaranteed leniency
Gary Wang faced up to 50 years in prison before plea deal and is still not guaranteed leniencyThe FTX co-founder admitted to several instances of criminal activity in the exchange's dealings with Alameda Research and is fully cooperating with prosecutors.
Happy Saturday!The global crypto market cap is $1.09 trillion, with a 24-hour volume of $17.8 billion. The price of Bitcoin is $27,901.91, and BTC market dominance is 49.9%. The price of Ethereum is $1,635.60, and ETH market dominance is 18.0%. The best-performing sector is Jobs, which gained 12%. The Crypto Fear & Greed Index is currently Neutral (49). Top News
Gary Wang faced up to 50 years in prison before plea deal and is still not guaranteed leniencyThe FTX co-founder admitted to several instances of criminal activity in the exchange's dealings with Alameda Research and is fully cooperating with prosecutors. Checkin.com: Innovating fast and secure KYC for Crypto & Web3
Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive. Their platform merges IDV, document scanning, anti-fraud measures, and data collection, catering to 165+ markets. The results? High conversions and an easy user experience across devices without compromising on security. What sets Checkin.com apart is its hands-on approach. Right now, crypto and web3 products can submit their current site for analysis and receive an interactive demo of a tailored KYC process in their own branding and requirements. The insights used to remodel this experience are derived from a large collection of data points, ensuring each adaptation is precise. Elon Musk calls for overhaul of SEC after agency issues order against himMusk expressed confidence that regulatory changes were inevitable, 'estimating' a 100% probability of reform. First week of SBF’s trial paints a grim picture for the former billionaireThe first week of the SBF trial has not gone very well for the former billionaire as former colleagues and friends have become key witnesses against him. The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers
Ad: Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation. Deposit $100 with a 0% fee and receive a $100 bonus for newcomers! More NewsAvalanche project Stars Arena suffers $2.9M exploit, leaving smart contract with just $0.051Stars Arena has advised users to refrain from depositing funds on the platform, which is still under DDOS attack. ‘We don’t want to be asking in 30 years, ‘Who lost crypto?”: Coinbase chief legal officerPaul Grewal believes that if the U.S. keeps dithering on crypto regulation, the industry will meet the same fate as semiconductors.
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El Salvador’s first volcano-powered Bitcoin mining project goes live
Friday, October 6, 2023
The crypto-forward nation's long-promised geothermal Bitcoin mining dream may finally become with Lava Pool, the nation's first project to attempt it.
Thursday, October 5, 2023
With jury selection complete, the second day of SBF's trial encompassed both sides' opening statements and testimony from two witnesses.
Judge rejects SEC’s request to appeal Ripple decision
Wednesday, October 4, 2023
The ruling sets the stage for a final courtroom showdown between Ripple and the regulator in April 2024.
CFTC Chair Rostin Behnam disagrees with Gary Gensler on the state of digital asset regulation
Tuesday, October 3, 2023
The CFTC chair issued some of his firmest statements to date on the need for new crypto regulation in stark contrast to his SEC counterpart.
Former FTX CEO Bankman-Fried considered $5B offer to prevent Donald Trump presidential run
Monday, October 2, 2023
Michael Lewis described SBF as a gambler who struck a goldmine by creating his cryptocurrency exchange.
BlackRock adjusts proposed spot Bitcoin ETF structure to allay SEC concerns
Thursday, November 30, 2023
BlackRock has revamped its ETF redemption model to mitigate against market manipulation and other regulatory sticking points.
Crypto Economy Snapshot: November 2023 Report
Thursday, November 30, 2023
In November, crypto changed course. So we wrote a report to help you stay ahead of the changes. Dive into the data and analysis. Group 48096442 Email Banner (7) In November, crypto changed course. So
Charlie Munger Passes Away: The Sharpest and Most Sarcastic Critic of Bitcoin
Thursday, November 30, 2023
Introduction: Charlie Munger, the vice-chairman of Berkshire Hathaway and mentor to Warren Buffett, passed away on Tuesday at the age of 99. Munger was renowned for his steadfast approach to value
SEC advances decision process on Franklin Templeton’s Bitcoin ETF application
Wednesday, November 29, 2023
Market analysts have been left scratching their heads at the SEC's early decision review of Franklin Templeton's incomplete Bitcoin ETF application.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 23/11/2023 - 29/11/2023)
Wednesday, November 29, 2023
Blast skyrockets with nearly US$600M in TVL days after launch. dYdX completes mainnet migration, rolls out a $20M launch incentive program. Cosmos founder calls for chain split to create AtomOne.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 23/11/2023 - 29/11/2023)
Wednesday, November 29, 2023
Blast skyrockets with nearly US$600M in TVL days after launch. dYdX completes mainnet migration, rolls out a $20M launch incentive program. Cosmos founder calls for chain split to create AtomOne.
BTC NFT: The Story of Bitcoin Frogs and Other Noteworthy Projects to Watch
Wednesday, November 29, 2023
Author: defioasis Note: This article is for information sharing only, not an endorsement of the mentioned projects, nor is it any investment advice. As Binance launches ORDI and OKX Web3 Wallet
Tuesday, November 28, 2023
📊 This week's top insight: Crypto prices remain near local highs despite a multi-billion dollar settlement between Binance and the DOJ that drove CZ to step down. Flipside_logo_drop_shadow Onchain
Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimism
Tuesday, November 28, 2023
Grayscale intends to turn its GBTC fund into a highly-anticipated spot Bitcoin ETF, pending approval by the SEC.
Dollar-Cost Averaging Portfolio
Tuesday, November 28, 2023
Coin Metrics' State of the Network: Issue 235