Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective...
Business
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region,...
Ethereum futures ETFs garner lukewarm reception on first day of trading
The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded...
Volatility Shares cancels ETH-ETF futures launch, ‘didn’t see the opportunity at this point in time’
Volatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, has cancelled its plans to launch an...
Bitfarms increases mining pace, generates 411 BTC in September
The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last...
Silk Road founder marks 10 years into his double life sentence in prison
The founder of the former Silk Road online black market, Ross Ulbricht, marked 10 years behind bars after he was...
Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer
Effective altruism was used to justify “increasingly risky and ridiculous” actions at crypto exchange FTX prior to its ultimate collapse...
Tokenization is “securitization done on steroids” — Franklin Templeton CEO
Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin...
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
The U.S. state of Texas accounts for over 28% of all Bitcoin (BTC) hashing power in the United States, according...
Mark Zuckerberg reveals Meta AI chatbot, his answer to ChatGPT
Meta CEO Mark Zuckerberg has unveiled his firm’s new artificial intelligence (AI)-powered assistant — Meta AI — his answer to...
Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation
AlphaSense, a business-to-business artificial intelligence (AI) platform specializing in business intelligence and search, announced the successful completion of a $150...
3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation
Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do...
VanEck to donate 10% profits from Ether ETF to core developers
Global asset manager VanEck will donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to Ethereum...
Is the artificial intelligence market already saturated?
From voice assistants to algorithms predicting global market trends, artificial intelligence (AI) is seeing explosive growth. But as with any...
How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in
FTX founder Sam “SBF” Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury...
What it means for crypto markets
The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court...
3AC’s Su Zhu arrested in Singapore
The co-founder of Three Arrows Capital (3AC), Su Zhu, was arrested in Singapore when attempting to leave the country, Cointelegraph...
Kraken offers stock trading as exchanges adapt to changing regulations
Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken...
Valkyrie backtracks on Ether futures contract purchases until ETF launch
Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to...
How to Invest and Earn Passive Income With CGMD Mining
Bitcoin, the first encrypted digital currency, has been called “the future of currency” due to its scarcity and increasing dollar...
Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations...
FTX founder to stand trial over 6 weeks
Former FTX CEO Sam Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which...
