Investing $1,000 in Trump NFTs could have returned a profit of 135% in around 10 months, with the investment now worth $2,350.10, despite a drop from the peak price, while investing the same amount in the S&P 500 would result in a hypothetical return of 8.9%.
Bitcoin mining company Riot Platforms received $2.5 million in September from ERCOT for reducing energy consumption, bringing the total payments to $13.3 million from June to September; the company also earned $11 million in power credits in September for selling prepurchased energy to TXU.
Mythical Games has released Nitro Nation World Tour, a free-to-play mobile drag racing game featuring licensed car NFTs from luxury brands, and electronic musician Deadmau5 is promoting the game and offering an exclusive themed car.
Sam Bankman-Fried's highly anticipated trial has begun in the Southern District of New York, where he faces seven counts of fraud and conspiracy related to his role as CEO of the bankrupt crypto exchange FTX.
Swan and Blockstream are partnering to offer collaborative custody services using Blockstream's hardware wallet Jade, allowing users to have ultimate control of their bitcoin while ensuring secure offline storage and third-party assistance for backup and transfer.
The Stars Arena Web3 social media app on Avalanche experienced a malicious attack resulting in the loss of some funds, but the exploit has been patched to prevent further damage.
Bitcoin rose nearly 1% in the past day, but altcoins like TON, AAVE, and MKR are leading the surge in the crypto market, with MKR up over 3% due to its Endgame Plan generating revenue from real-world assets.
FTX insiders revealed that a concealed mechanism, allegedly linked to Alameda Research, allowed unauthorized withdrawal of billions in customer funds, with no corrective action taken despite being reported, leading to the ongoing trial against FTX's former head.
Former FTX developer Adam Yedidia testified that crypto exchange FTX used customer deposits to pay its loans, revealing an $8 billion deficit that led to the exchange's bankruptcy during the criminal trial of former CEO Sam Bankman-Fried.
Author Michael Lewis's book "Going Infinite" portrays former FTX CEO Sam Bankman-Fried as an agent of chaos rather than a criminal, highlighting the lack of regulatory oversight and the industry's over-reliance on trust in the crypto world.
The criminal case against FTX founder Sam Bankman-Fried involves testimony from his close acquaintance and former FTX developer, Adam Yedidia, who revealed that Bankman-Fried misappropriated customer assets and used customer deposits for his trading firm, Alameda.
US mortgage rates have reached their highest levels in over 22 years, posing a major concern for citizens in the market for a new home.
Ledger, the crypto wallet hardware maker, is laying off 12% of its staff due to macroeconomic headwinds limiting their ability to generate revenue.
Approximately 50% of crypto users invest in digital assets to improve their everyday living standards, according to a survey by Bitget, with respondents in South Korea, Canada, and Turkey having the highest priority on this goal.
Prominent venture capitalist Chris Burniske suggests that a phase of selling exhaustion in the cryptocurrency market may be approaching, presenting a potential buying opportunity despite prevailing fear; Burniske also highlights the possibility of Bitcoin and Ethereum dropping to lower price levels.
A trader on Taiwan’s MaiCoin Max crypto exchange wins $310,000 in a monthly lottery involving tax receipts, demonstrating how tax compliance can be incentivized through cash prizes.
FTX staffers discovered a backdoor at sister company Alameda Research that allowed billions of dollars in customer funds to be withdrawn before the firm collapsed, and this backdoor is expected to feature prominently in the federal fraud trial against FTX founder Sam Bankman-Fried.
A software bug in FTX resulted in the overstatement of Alameda's debt to FTX customers by $8 billion, according to a witness in Sam Bankman-Fried's trial. The bug was discovered and fixed after a conversation between Bankman-Fried and a former FTX developer. The trial is centered around fraud and conspiracy charges related to the collapse of Bankman-Fried's crypto empire.
Crypto markets survived a tough period in 2022, but risks were adequately reflected in prices and set the stage for a new bull market, with current risks changing and declining as the market enters the "skepticism" phase.
Venture capitalists are making fewer and smaller deals in the crypto industry, with funding levels falling back to Q4 2020 levels amid the ongoing bear market.
The Polygon (MATIC) price showed a bullish candlestick but still remains below the $50 resistance level, while the long-term resistance at $0.60 is crucial for determining the trend's direction; however, the daily timeframe analysis suggests a bullish reversal with the breakout from a descending resistance trendline and a bullish divergence in the RSI.
The government has seized two private jets worth a total of $28 million as part of the trial against Sam Bankman-Fried, the CEO of FTX, with a dispute arising over ownership of the planes.
Iraq has announced its plan to ban all cash withdrawals and transactions in US dollars in an effort to combat the misuse of its reserve and evade US sanctions.
Banks will be required to disclose their cryptocurrency holdings as part of new regulations to cut contagion and prevent banking collapses partially caused by the sudden popularity of crypto, according to the Basel Committee on Banking Supervision.
Kraken has announced plans to acquire Netherlands-based cryptocurrency exchange Coin Meester B.V. as part of its European expansion, following the implementation of the EU's regulatory framework for crypto-assets.
Matt Kane, a traditional artist turned digital artist, discusses his transition to digital art through coding and his fascination with NFTs, as well as the personal tragedies that influenced his artistic journey.
FTX, a cryptocurrency exchange, faced bankruptcy after Binance, its competitor, dumped its entire position in FTX's token, triggering a panic, according to Michael Lewis's book "Going Infinite." The book reveals details about the bitter rivalry between the two crypto leaders, including how Changpeng Zhao, the CEO of Binance, set a trap for FTX's founder, Sam Bankman-Fried.
The Sui Foundation has announced a $51.3 million fund to support its DeFi ecosystem and on-chain central limit order book-based platform, DeepBlock, with the aim of emulating the high-frequency trading capabilities of centralized exchanges by leveraging the Sui blockchain's transaction speed and other advantages.
Sui Foundation has repatriated 117 million SUI tokens from external market makers to support the growth of the Sui Network's ecosystem, including grants for developers and the advancement of its DeFi ecosystem.
The U.S. Department of Justice has filed for the forfeiture of Sam Bankman-Fried's two luxury jets as part of the charges brought against him, claiming they were purchased with fraudulent funds.
Friend.Tech users have fallen victim to SIM swap attacks, resulting in approximately $385,000 worth of ether being lost, however no immediate risk to users exists, and steps have been taken by the developers to mitigate future attacks.
Bitcoin and other cryptocurrencies have been affected by the Federal Reserve this year, potentially leading to a difficult situation for bitcoin prices, but a former BlackRock managing director predicts that the U.S. SEC will approve a bitcoin spot ETF within the next few months.
Bitcoin is outperforming the US dollar in terms of beating inflation, as shown by the St. Louis Federal Reserve's comparison of the prices of a dozen eggs in both currencies since January 2021.
FTX founder Sam Bankman-Fried's crypto empire was described as a "house of cards" built on a lie by the U.S. Department of Justice, while his defense team claimed he acted in good faith despite the collapse of his businesses; meanwhile, blockchain intelligence firm Messari found that crypto fundraising in Q3 reached its lowest level in three years due to the worsening conditions in the industry.
Bitcoin could potentially face a 60% price drop, as liquidity remains negative and global rates continue to rise, according to Bloomberg Intelligence senior macro strategist Mike McGlone. He also suggests that a stock market drawdown related to a recession poses the biggest risk for the overall cryptocurrency sector.
Some FTX employees discovered a "backdoor" in the exchange's code that allegedly allowed Alameda Research to withdraw significant amounts of customers' funds before FTX collapsed.
FTX employees in the US were aware of a backdoor in the exchange that allowed Alameda Research to withdraw billions in customer funds, according to a report, but the problem was never fixed despite being flagged by the employees.
Crypto fundraising fell to its lowest level in three years in Q3, with just under $2.1 billion raised across 297 deals, according to blockchain intelligence firm Messari.
Lara Trump complains that her cover of Tom Petty's "I Won't Back Down" is not being played on the radio due to being deemed "too political" and believes conservatives should start fighting back against censorship.
Decentralized social network Friend.tech experienced a wave of SIM swap attacks, resulting in the loss of $385,000 in Ethereum for four users, with evidence pointing to the same hacker responsible for a previous attack on the platform.
The $1.2 billion Powerball jackpot was not won on Wednesday night, leading to a new estimated prize of $1.4 billion for the next drawing on Saturday, making it the third largest jackpot in Powerball history.
The founder of FTX, Sam Bankman-Fried, fears not having access to the internet the most as he faces a lengthy prison sentence for fraud and conspiracy charges, according to author Michael Lewis.
Bitcoin Cash miners have sold 250,000 coins this week, worth approximately $57.5 million, contributing to an 8% decline in the cryptocurrency's price, while whales holding significant amounts of BCH have remained positive despite the drop.
Two luxury jets potentially owned by Sam Bankman-Fried, who is currently undergoing a criminal trial, may be seized by U.S. prosecutors as part of a forfeiture bill linked to fraud charges, despite the ownership dispute between the Department of Justice and FTX, Bankman-Fried's former company.
Juan Agustín D’Attellis Noguera, a director of the Banco Central de la República Argentina, publicly supported the promotion of central bank digital currency (CBDC) as a remedy for the national economy, stating that the "digital peso" could stabilize the economy by 2024 through its traceability and ability to broaden the tax base, as well as helping to solve the nation's monetary problem by replacing the unstable Argentine peso.
The crypto wallet address linked to the FTX exploiter has moved $36.8 million worth of Ether in the last 24 hours amid the ongoing court trials of the defunct crypto exchange's ex-CEO, Sam Bankman-Fried.
Bitcoin's price is increasing despite a mixed market for cryptocurrencies and spiking bond yields.
A crypto analyst expresses bullish sentiment on XRP after a US court rejects the SEC's attempt to appeal a decision in Ripple's favor, stating that XRP sales did not violate securities laws, while also sharing bearish sentiments on Ethereum and bullish expectations for Bitcoin's support level.
Visa's partnerships with cryptocurrency exchanges have enabled billions of dollars in payment volume, as the integration of conventional payment cards with crypto exchanges drives the adoption of digital assets.
A dedicated NFT community that owns the original 'doge' meme is collaborating with local authorities to erect a statue in honor of Kabuso, the dog that inspired the meme, with plans for a future placement on the moon.