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FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US Court

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for …

CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud
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CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: In mid-2022, after a crash in crypto markets that saw the likes of Terra and Celsius Network collapse, Bankman-Fried’s companies “portrayed that they remained highly profitable and liquid” in public, despite Alameda’s liability to FTX outstripping the latter’s total lifetime revenue, the document …

Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation
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Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Bitcoin (BTC), the largest cryptocurrency by market value, which has been relatively steady so far in December, jumped 1.6% in the minutes after the report was released, to about $17,930; it’s up 5.2% over the past 24 hours. Ether (ETH), the native cryptocurrency …

Crypto Exchange Binance.US Introduces Payments Service for Customers
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Crypto Exchange Binance.US Introduces Payments Service for Customers

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for …

First Mover Americas: Bankman-Fried Arrested in Bahamas
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First Mover Americas: Bankman-Fried Arrested in Bahamas

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Chainlink’s new “staking” program – where participants can earn crypto rewards for helping to secure the network – was intended to be broad-based: The price-feed provider imposed a limit of 7,000 LINK tokens per wallet to “promote greater inclusion and reduce the risk …

DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
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DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: The Seoul-based company, whose clients include Samsung and LG, intends to use the funds to develop a range of blockchain tools, such as software development kits (SDK) and application programming interface (API) for setting up DeFi infrastructure and forging bridges between independent blockchains …

Crypto Miner Iris Energy Hit by Class-Action Suit
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Crypto Miner Iris Energy Hit by Class-Action Suit

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for …

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
News

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: The collapse of FTX and the resulting fallout has a number of potential implications for Robinhood, the report said. These include the potential liquidation of 56.3 million shares owned by FTX founder Sam Bankman-Fried, the removal of FTX as a potential acquirer, and …

Crypto Miner Hut 8 Hires Former IBM Executive as CFO
News

Crypto Miner Hut 8 Hires Former IBM Executive as CFO

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for …

News

Bitcoin Hits One-Month High Ahead of US Inflation Data

By Fibitex | Dec, 13December 14, 2022

CoinDesk reported: Bitcoin probably benefited from haven flows stemming from the unease about the health of the dominant cryptocurrency exchange Binance. The cryptocurrency’s dominance rate, or the share in the crypto market, rose to 41.4%, the highest since Oct. 29. Historically, traders have piled into …

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