Sam Bankman Fried Pleads Not Guilty, Trial Date Set By Court.

FTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to eight charges, including those related to wire fraud and conspiracy to commit fraud, allegedly as part of an agreement with U.S. law enforcement agencies. Related […] origin »

Blockchain Association: FTX was an “old-fashioned” crime.

Regulation can make consumers more comfortable using cryptocurrency  The sector needs more regulation on stablecoins and spot markets Crimes like FTX (fraud) don’t need to be addressed by modern policy Proper crypto regulation could attract more consumers, says Kristin Smith of the Blockchain Association, an entity that advocates for peer-to-peer technology that puts power in […] The post Blockchain Association: FTX was an “old-fashioned” crime appeared first on CoinJournal. origin »

Will Bitcoin bounce back? Why 2022’s pain is different to anything previously.

Key Takeaways Bitcoin has closed the year down 64%, its worst year since 2018 This bear market is different, as for the first time ever in Bitcoin’s existence, the wider economy is also pulling back Bitcoin’s correlation with the stock market is extremely high, proving it trades like a high-risk asset Fans will hope this […] The post Will Bitcoin bounce back? Why 2022’s pain is different to anything previously appeared first on CoinJournal. origin »

Startup Weekend Global Launches Global Hackathon.

Startup Weekend Global has recently launched Startup Weekend Global 2022 Web3 Edition on 9 December in its own virtual metaverse. The hackathon is fueled by Polygon and other partners and sets out to nurture the next generation of builders, innovators, and hackers revolutionizing the Web3 space. origin »

Bitcoin Price Plays Catch-Up With Altcoins, Why $28,000 Is A Key Level.

The Bitcoin price is finally seeing some profits, but it seems weak compared to other crypto assets. The macroeconomic environment is waking up, shaking things across all asset classes.   Related Reading: Ethereum Stakers In Massive Loss As 80% of Staked ETH Is In The Red As of this writing, the Bitcoin price trades at $16,800 with sideways movement in the last 24 hours. origin »

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