Crypto whales have recently been discreetly participating in the crypto presale of Launchpad XYZ, a startup that focuses on AI trading in the cryptocurrency sphere. This has sparked curiosity among the crypto community about the potential of this platform and what these large-scale investors may know. With a comprehensive platform launch planned for 2023, Launchpad
In a shocking revelation, Caroline Ellison, co-founder of Alameda Research, testified on October 11 that Sam Bankman-Fried, the disgraced founder of FTX, allegedly paid $150 million in bribes to Chinese government officials. This amount was significantly higher than the initial disclosure of $40 million. Ellison also revealed that $1 billion worth of Alameda Research’s digital
In a bold move, crypto investment firm Paradigm has filed an amicus brief to support Binance’s bid to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit against it. Seeking to safeguard the development of crypto technology in the United States and protect market stability, Paradigm aims to prevent the SEC from interpreting securities laws
As Bitcoin gears up for its highly anticipated halving event, scheduled for post-April 2024, the blockchain industry is buzzing with excitement over yPredict, an AI trading platform currently nearing the end of its crypto presale phase. This surge in interest can be attributed to the recent predictions made by crypto analyst PlanB, who foresees a
The world of cryptocurrency and social media can be a perilous combination, as Fox Business producer Eleanor Terrett can attest. With her growing recognition in the crypto community, Terrett has become a prime target for social media impersonators. In this article, we delve into Terrett’s experiences and insights, exploring how she navigates the challenges of
Aditya Baradwaj, a former engineer at Alameda Research, has exposed the alarming security flaws that contributed to the company’s staggering losses of nearly $200 million. These revelations shed light on how the founder, Sam Bankman-Fried, prioritized rapid expansion over essential risk management protocols, ultimately compromising the company’s security. Baradwaj has accused Bankman-Fried of disregarding standard
The recent speculations surrounding the US Securities and Exchange Commission’s (SEC) regulatory treatment of Ethereum have sparked significant controversy within the crypto community. One of the central figures involved in this discussion is Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum. In an AMA session, Hoskinson shared his thoughts on the SEC’s
In an exciting development for the blockchain community, the Open Network Foundation (TON Foundation) has announced its participation in a competition to claim the title of the “world’s fastest blockchain.” This Guinness World Records-approved competition is set to take place on October 31, 2023, at 15:00 UTC. The TON blockchain network will undergo rigorous testing
Urgency surrounds the implementation of recently proposed tax reporting rules for cryptocurrency brokers in the United States. U.S. Senators Elizabeth Warren and Angus S. King, Jr. have voiced their concerns to the U.S. Department of the Treasury and the Internal Revenue Service (IRS), urging them to expedite the enforcement of these regulations. The senators highlight
A recent research conducted by K33 has revealed that Bitcoin continues to maintain its position as the most appealing cryptocurrency in the market. This is primarily due to its higher premiums in futures trading. Ether, the second most valuable crypto asset, is expected to play second fiddle once again due to the lower yields it
