Is the Sam Bankman-Fried Story Over?

Is the Sam Bankman-Fried Story Over?

[ad_1] “He spent his customers’ money and he lied to them about it. Where did the money go? The money went to pay for investments, to repay loans, to cover expenses, to purchase property, and to make political donations,” Roos said last year. During the sentencing hearing, he went further, saying, “the fact that Mr. … Read more

Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time

Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time

[ad_1] Data shows Bitcoin is currently nearing two notable on-chain price levels. Here’s what happened the last time BTC broke above them. Bitcoin Is Approaching Vaulted Price & MVRV +1SD Currently In a new post on X, Glassnode leads on-chain analyst Checkmate points out that BTC has been near two on-chain price levels recently. The … Read more

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

[ad_1] The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull … Read more

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana

[ad_1] Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, … Read more

VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs

VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs

[ad_1] “Because you see the transaction fees for Bitcoin and Ethereum, no one would ever use that database to build anything on, right? My analogy for non-crypto people is, would you want to fill your car at $50, you know, week after week, and then one week at $600? And that’s effectively what high gas … Read more

Why Christie's First Bitcoin Inscriptions Auction Matters

Why Christie's First Bitcoin Inscriptions Auction Matters

[ad_1] However, the general public’s distaste of NFTs hasn’t stopped the art industry from embracing them. In 2021, Christie’s auction house made history with the $69 million sale of Beeple’s “Everydays” collage. Since then, the storied company has expanded further into the realm of crypto, including countless NFT auctions, investments in Web3 firms via Christie’s … Read more