Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence

Crypto Community Shows Discontent Over Sam Bankman-Fried's 25-Year SentenceIn a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within the cryptocurrency industry. Crypto Mogul Sam Bankman-Fried Handed 25-Year Sentence; $11 Billion […]

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Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in PrisonOn Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge Lewis Kaplan said, ” I know the Probation Department […]

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Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021

Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar The proclaimed ‘Dog Father’ of meme coins, dogecoin (DOGE), has shown a substantial […]

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Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade

Bitcoin Cash Rallies Ahead of Upcoming Halving and May UpgradeThe Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15th largest by market capitalization among over 10,000 cryptocurrencies, having risen 91% against […]

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Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion

Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is reportedly seeking […]

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‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess

'Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist GoddessZhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind […]

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‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

'Build on Bitcoin' Startup Secures $10M in Seed Funding to Advance Hybrid L2The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the network and […]

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Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]

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Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens into 'Artificial Superintelligence' CoinThe teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Bitcoin.com News, the […]

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Whales Shift Assets As KuCoin Faces Legal Scrutiny

Following the negative news of criminal charges against KuCoin by the US Government, a significant movement of assets away from the exchange has been observed. Spotonchain data reveals that approximately $500 million has been withdrawn from KuCoin on the Ethereum network in the past few hours. ~$500M has been withdrawn from the Kucoin exchange on the Ethereum network in the past hours after the US Government indicted KuCoin on Criminal Charges. The top withdrawing:~274M $USDT~15.5K $ETH (~$55M)~50M $ONDO (~$46M)~12M $FET (~$34M)~95.38M $GHX (~$21.8M) More… pic.twitter.com/6gQW0ybnZB — Spot On Chain (@spotonchain) March 27, 2024 The top assets being withdrawn include approximately

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