Category: CyberFinance

In recent headlines, the cryptocurrency sector witnessed a significant legal development as Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was convicted on charges of fraud. This article aims to provide a detailed exploration of the events leading to his conviction and the broader implications on the crypto industry.…

November 9, 2023, is poised to be a significant day for Ripple and its native cryptocurrency XRP. On this day, Ripple Labs is slated to engage in a critical discussion with the U.S. Securities and Exchange Commission (SEC) while also possibly announcing its Initial Public Offering (IPO) at the Ripple…

In a significant development, payment giant PayPal has disclosed receiving a subpoena from the United States Securities and Exchange Commission (SEC) regarding its US dollar-pegged stablecoin, PayPal USD (PYUSD)​1​​2​. This move by the SEC comes amidst an era where digital currencies are gaining traction, with PayPal being one of the…

In the world of cryptocurrency, the price trajectory of Solana (SOL) has been a topic of discussion among investors and analysts. With its innovative blockchain technology and increasing adoption, Solana has the potential to achieve new price milestones. One particular topic of interest is whether Solana can reach a price…

In a bold stride towards embracing the digital asset frontier, DWS Group, the $900 billion German asset management behemoth, has unveiled its plans to introduce cryptocurrency exchange-traded funds (ETFs) to the retail market. This move heralds a significant shift in investment opportunities for retail investors, marking an epoch of broader…

In a development that shook the cryptocurrency community, the US Government arrested key figures behind the SafeMoon crypto project on charges of market manipulation and fraud. The individuals in the eye of the storm include SafeMoon’s CEO John Karony, Chief Technology Officer Thomas Smith, and creator Kyle Nagy. The Arrests…

MicroStrategy, a notable player in the realm of business intelligence and software, has once again underscored its allegiance to Bitcoin with the acquisition of an additional 155 BTC in October 2023, pushing its total Bitcoin holdings to a hefty sum of 158,400 BTC. This recent purchase, amounting to $5.3 million,…

In the dynamic world of cryptocurrency, the teams behind the Floki protocol and Bitget crypto exchange have found themselves embroiled in a whirlpool of accusations, each pointing fingers at the other for market manipulation. This high-stakes drama unfolded after the listing and subsequent delisting of the protocol’s token, TokenFi (TOKEN),…

In the rapidly evolving world of cryptocurrency, Worldcoin has emerged as a notable player. Launched in July by co-founder Sam Altman, CEO of OpenAI, Worldcoin has garnered significant attention, both positive and negative. The project promises a unique approach to digital identity and cryptocurrency distribution, but it has also raised…