Federal Reserve Threatens to Sue Bitcoin Magazine
The U.S. Federal Reserve is taking legal action against Bitcoin Magazine in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. In a letter …
CRYPTO
Differences Between Layer 1 and Layer 2 Networks
Layer 1 and Layer 2 networks. If you’re in crypto, you would have heard of them. But what are these exactly? What makes a project a Layer 1 or Layer …
U.S. attorney says Sam Bankman-Fried’s fraud case is “old as time”
Following Sam Bankman-Fried’s conviction, a U.S. attorney said that the former FTX fraud case is “as old as time,” adding that the government is ready to deal with fraudsters who …
Shiba Inu Burn Rate Explodes 1,300%, What Does it Mean for SHIB’s Price?
TL;DR Shiba Inu experienced a significant token burn, with over 100 million SHIB burned in the last 24 hours, marking a 1,300% increase from the previous day’s burn rate. This …
Bitcoin Fluctuates In A Range As It Targets Psychological Price Of $40,000
Nov 03, 2023 at 09:25 // Price Bitcoin (BTC) has been fairly stable over the past week as the bulls have taken control of prices. Bitcoin (BTC) Price Long Term …
SEC Refutes Jury, Seeks Summary Judgement Against Do Kwon and Co.
Regulatory Battle Over Terra and LUNA Tokens Continues The SEC takes legal action against Do Kwon and Terraform Labs, contesting the jury’s leniency. Allegations focus on Kwon’s role in marketing …
US Judiciary: Championing Crypto Innovation Amid SEC Scrutiny
The SEC has been at the forefront of these regulatory efforts. However, recent lawsuits and rulings involving prominent cryptocurrency entities, including GreyScale, Ripple, Coinbase, and Sam Bankman-Fried, have highlighted the …
U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs
The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches. The agency also seeks to forego a full …
Bitcoin’s Plunge Sparks Massive Liquidation of Long Positions
In the highly volatile realm of cryptocurrency trading, an astonishing $110 million worth of long positions have been liquidated within a mere 24 hours. Bitcoin and Binance have emerged as …
Sam Bankman-Fried Found Guilty on All Fraud Charges in Trial
Prominent Cryptocurrency Figure Faces 115 Years in Prison After Wire Fraud and Money Laundering Convictions Sam Bankman-Fried, founder of FTX, has been found guilty on all seven counts, including wire …