Former FTX CEO Sam Bankman-Fried has expressed concerns that prosecutors have failed to meet discovery deadlines, resulting in the absence of crucial evidence for his defense against a series of fraud charges. Bankman-Fried’s legal team informed US District Judge Lewis A. Kaplan via...
High-profile financial experts, including “Rich Dad Poor Dad” author Robert Kiyosaki and legendary investor Stanley Druckenmiller, have expressed concerns over the burgeoning unfunded liabilities in the United States, painting a grim picture of the country’s fiscal health. In the world of finance and...
Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default. The situation highlights the challenges faced by the crypto industry and...
In a recent blog post titled “Don’t overload Ethereum’s consensus,” Vitalik Buterin has expressed concerns about the dangers of extending Ethereum’s consensus beyond its core functions. Buterin’s May 21 blog post focuses on the need to preserve the minimalism of the blockchain. It...
Éric Larchevêque, the co-founder and ex-CEO of Ledger, a hardware wallet manufacturer, has spoken out in reaction to the cryptocurrency community’s widespread criticism of the release of Ledger Recover. Ledger is not flawed despite criticism Ledger Recover allows users of Ledger’s hardware wallet to back...
Hardware wallet manufacturer Ledger has recently faced backlash from its users following the introduction of a controversial feature known as “Ledger Recover.” This ID-based subscription service allows users to retrieve their secret recovery phrase and is set to be included in the upcoming...
Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings. The business has chosen to keep a reserve portfolio heavily weighted toward short-term U.S. treasuries. The move to short-dated debt occurs as debate rages on among...
The shadow of regulatory action has been looming over the global crypto industry for some time now. The FTX crash and the recent SEC action against cryptocurrency exchange Coinbase are some of the grim reminders of troubled times. Among concerns about regulatory action,...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robert Kennedy Jr. has spoken out against President Biden’s proposed 30% tax on cryptocurrency mining, emphasizing the importance of financial privacy and the need to support innovation within the...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain sleuth ZachXBT has warned investors of VAPOR that the project is directly affiliated with JKDAO, who has been previously accused of executing rug pull scams on two projects....