Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District Court of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making “big mistakes” during the companies’ fast-paced growth.  His official testimony started on Oct. 27, after a hearing on the previous day without the jurors present. During […]

Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s largest creditors, which means its […]

Ripple Swell event is scheduled for November 8 and 9, 2023 in Dubai. There are speculations that Ripple might announce its IPO at the event. The event will also feature discussions on the future of digital currencies, regulatory frameworks, and Ripple’s acquisition of VARA. Ripple, the cryptocurrency sensation, is gearing up for a major revelation that has the potential to […]

Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google has already invested $500 million upfront to Anthropic — a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, according to an Oct. 27 report by the Wall Street […]

The Federal Reserve Board continues to research a central bank digital currency (CBDC), or at least adjacent technologies, Vice Chair Michael Barr said on Oct. 27. He also touched on stablecoins at the Economics of Payments XII Conference, where his English colleague Sir Jon Cunliffe made his last speech as deputy governor of the Bank of England (BOE). The Fed’s […]

Andrew Tate says that the biggest mistake most crypto investors make is ignoring the importance of personal growth. Tate believes that wealth amplifies who you are as a person. To succeed in the crypto market, Tate advises focusing on personal growth, improving your skills, and making wise, calculated investments. In a recent video, crypto expert Andrew Tate shares his insights […]

X, the platform formerly known as Twitter, is charting an ambitious course for its future. CEO Elon Musk revealed plans for a total payment and banking service on the podium during an all-hands meeting by the end of 2024. As X explores its crypto options, incorporating Dogecoin (DOGE) has sparked a significant buzz within the crypto community. Potential Impact of […]

Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange. On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes which knocked Zhao down to 95th place on the rich list. Zhao’s net worth is now a paltry […]

Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week. According to research from Cryptogambling.tv, the search term “buy Bitcoin” spiked a staggering 826% in the U.K. over the course of the seven days. “The remarkable surge in ‘buy Bitcoin’ searches in […]