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SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

December 14, 2022 0

On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision

December 14, 2022 0

Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today, and stayed close to a five-week high. Bitcoin […]

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Russia Cracking Down on Crypto Miners Minting in Residential Areas

December 14, 2022 0

Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home Mining

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Dvision Network Announces Dvision World 2․0 Release In Beta Mode

December 14, 2022 0

PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th December, 2022. Not too long ago, via a collaborative partnership with market leaders Binance NFT and GameFi.org, Dvision Network had unveiled the highly anticipated 4th […]

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Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US

December 14, 2022 0

Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the hands of Mexican and US users that might be intimidated by crypto tech otherwise. Bitso to Power Felix Pagos

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How Ukraine Became a Crypto Innovation Hub – Alex Bornyakov, Deputy Minister of Digital Transformation

December 14, 2022 0

Alex Bornyakov is the Deputy Minister of Digital Transformation of Ukraine. He recently joined the Bitcoin.com News Podcast to talk about how the country is using cutting edge technologies such as cryptocurrencies, NFTs and web3 in face of the dreadful challenges of war. Among the topics discussed are how the crypto community’s charity is helping […]

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Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports

December 14, 2022 0

Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while plastic-based payment media has stagnated, registering a fall in use. Mobile Payments Keep

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US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

December 14, 2022 0

U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, […]

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FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

December 14, 2022 0

On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional […]

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CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried

December 13, 2022 0

On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were reportedly “appropriated by Alameda for its own use.” U.S. Commodity Futures