The saga surrounding Ryan Salame, a former executive at FTX, has taken an unexpected turn that raises significant questions about the integrity of legal proceedings and personal accountability. In a striking admissions during a court hearing, Salame confessed to providing false statements as part of his plea agreement concerning campaign finance and money-transmitting crimes. This
The recent introduction of “The Property (Digital Assets etc.) Bill” in the UK marks a significant turning point in the international conversation around the regulation of digital assets such as Bitcoin, NFTs, and other blockchain-based technologies. This legislation boldly classifies digital assets as personal property, setting a solid legal foundation to foster clarity and protection
Coinbase, the premier cryptocurrency exchange in the United States, has taken a significant step forward by launching its Wrapped Bitcoin product, known as cbBTC. As it goes live on both the Base and Ethereum blockchain networks, this venture marks a pivotal advancement for Bitcoin holders looking to explore decentralized finance (DeFi) offerings. With its introduction,
As the cryptocurrency world witnesses fluctuating tides, Bitcoin (BTC) has become a focal point for many traders and enthusiasts alike. Recent developments indicate a potential positive shift in the price trends, which comes as a relief after a challenging period dominated by bearish sentiment. While there seems to be renewed optimism surrounding Bitcoin, it remains
The Law Commission of the United Kingdom Parliament recently introduced the Property (Digital Assets, etc.) Bill in an effort to legally recognize digital holdings, including cryptocurrencies, non-fungible tokens (NFTs), and carbon credits. This groundbreaking legislation aims to clarify the legal status of these assets under British law, marking a significant milestone in the evolution of
The Commodity Futures Trading Commission (CFTC) has taken a stand against the surge in crypto scams known as “pig butchering” by collaborating with federal and private organizations. These scams have caused billions in losses due to lack of awareness and understanding among consumers. The CFTC’s campaign aims to educate the public on recognizing warning signs
The recent price spikes in Bitcoin (BTC) are signaling a potential start of a long-awaited market bull run. As the cryptocurrency retests the $57,000 level, there is renewed momentum that could ignite a positive price rally and potentially drive more gains for Bitcoin. According to Santiment, a market intelligence platform, Bitcoin’s market value has experienced
Over the past two weeks, bitcoin has experienced a market correction of approximately 11% along with wild and volatile price swings. Despite a brief rebound to $58,000, the leading crypto asset still has a considerable distance to cover before reaching its all-time high levels. Recent on-chain data from Santiment indicates that wallets holding less than
In May 2019, the Federal Reserve made the decision to cut rates, triggering a 57% drop in Cardano’s price. The rates at that time were significantly lower than what they are today, and the national debt was also lower compared to the current level of nearly $35 trillion. The interest rates have now more than
Recently, Binance’s subsidiary Tokocrypto made headlines by obtaining a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This significant milestone positions Tokocrypto as only the third exchange in Indonesia to receive such a license, amidst a total of 35 prospective crypto exchanges registered with Bappebti. In the past year,