Bankman-Fried has been charged with fraud by the US Securities and Exchange Commission (SEC) for allegedly misleading investors about the state of the company’s finances. Three of his closest colleagues have already pleaded guilty and are cooperating with the SEC. If convicted, Bankman-Fried faces more than 100 years in prison. Zhao has vehemently denied the … Read more
Why is Bitcoin price up today? – As per our readers’ demand and comments, we are publishing this article. If you want to know about Why is Bitcoin price up today?, continue reading and learn more. After the initial shock of the SVB crisis subsides, Bitcoin price has shown signs of recovery, with BTC/USD now … Read more
In today’s crypto news, Singapore-based exchange Bitrue has fallen victim to hackers who stole $23 million from one of its hot wallets. As a result, Bitrue has temporarily suspended all withdrawals to conduct additional security checks and prevent further exploits. Meanwhile, Canon USA, the American arm of the camera and imaging giant, has announced plans … Read more
An arrest has been made in the murder of Bob Lee, a high-profile tech executive who worked for MobileCoin Inc., a startup in Silicon Valley that develops crypto technology. Lee was stabbed multiple times in San Francisco’s downtown area on April 4th and died at the hospital. The suspect, who reportedly worked in the tech … Read more
Bitcoin surged to a 10-month high on Thursday, topping $30,000 after the recent banking turmoil that has rocked the traditional financial system. The cryptocurrency had been steadily increasing in value since March, fueled by expectations that the US central bank, the Fed, would halt its interest rate increases to minimize stress on the banking sector. … Read more
Bitcoin (BTC) has surged above $30,000 for the first time since June 2022; the flagship digital asset will now seek support above $30,000 and push on to test higher highs. Given the surge of over 80% year-to-date and considering that the adoption of Bitcoin has skyrocketed recently, nearing 1 million holders of at least one … Read more
XRP has been struggling to gain traction in the competitive cryptocurrency market. After a 14% crash from its 2023 high of $0.58, XRP rebounded slightly when TV personality Jim Cramer expressed doubts about the SEC’s lawsuit against Ripple. Crypto analyst Ali Martinez has predicted that XRP could surge by 47% if it can close above … Read more
Russia has set a new record in cryptocurrency mining. The country’s mining operations have increased by 31 percent in the first quarter of 2021, reaching 1.7 billion rubles ($22.9 million) in revenue. This increase is a result of the rising demand for digital assets, particularly Bitcoin. The recent surge in mining activity in Russia can … Read more
The state of North Carolina is considering implementing stricter regulations for cryptocurrency mining in order to address environmental concerns. The proposed regulations would require cryptocurrency miners to register with the North Carolina Secretary of State’s office, obtain a permit, and comply with various environmental regulations. This would ensure that miners are held accountable for their … Read more
A recent survey conducted by OKX found that 63% of respondents believe that Ethereum (ETH) will reach $5,000 by the end of 2023. The survey also found that 83% of participant expect more ETH to be staked in the next three months. Wu Blockchain, a popular cryptocurrency analyst, tweeted the results of the survey on … Read more