John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy. In testimony for FTX’s case in the United States Bankruptcy Court for the District of Delaware on Feb. 6, Ray said he and other professionals had “carefully” been conducting an investigation into FTX’s activities, […]

Justin Sun, founder of TRON, recently published a Twitter thread outlining a new framework he claims would produce a decentralised, intelligent financial environment. The framework is comprised of a smart contract system, a payment layer protocol, a calling SDK, and a payment gateway powered by artificial intelligence. TRON’s blockchain will be used to safely store user queries and AI outputs, says […]

Over the past few weeks, traders and analysts everywhere have been talking about how great bitcoin and Ethereum are doing. We’ve also published a few articles talking about the January price booms witnessed by BTC investors. Bitcoin Is in a Good Spot, but What About the Rest? Ending the 2022 year in the mid-$16K range, it appears bitcoin has made […]

Several call centers throughout Europe that were being used to conduct crypto fraud and other illicit scams have been shut down by law enforcement agencies. Raids began in June of last year and have continued up until now. Call Centers Were Engaged in Crypto Fraud Police agencies throughout the regions of Cyprus, Bulgaria, Germany, and Serbia have discovered various call […]

The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total Capacity of Crypto Farms in […]

Judge Colin Birss of the London Court of Appeal on Friday, February 3, ruled that Craig Wright’s lawsuit against 14 Bitcoin developers has what it takes to go to trial. Craig Wright: Free My Bitcoin Craig Wright, through Tulip Trading, claims to be Satoshi Nakamoto, the founder of Bitcoin. He is suing 14 developers, seeking to recover 111,000 BTC.  The haul is […]

Polygon price is still moving upward and is comfortably above the $1.20 mark as it continues its ascent toward $2. According to data from CoinMarketCap, the leading Layer-2 blockchain has gained an impressive 67% since the start of the year as the crypto market continues to recover from the extended bearish period of 2022.  Polygon’s growth has been attributed to […]

U.S. Attorney John Deaton has explained in-depth why the XRP cryptocurrency cannot be classified as a security even if blockchain payments company Ripple sold it to the public as an investment contract. “XRP Remains A Digital Code”: John Deaton The debate over whether XRP should be deemed a security rages, something that is the crux of the legal battle between […]