Sam Bankman-Fried, the former big shot of the crypto world, is now behind bars for 25 years. His crimes? Fraud and mismanagement that led to the downfall of FTX, one of the biggest crypto exchanges. Anthony Scaramucci, a well-known financial figure, recently shared his thoughts on this heavy sentenc
Crypto is growing up. It's not just about making money fast anymore. Now, the big talk is about privacy and who's watching. Governments and regulators are paying close attention to how crypto works and how to keep an eye on it. A big meeting is happening soon. It's not just any meeting. It's a chan
Texas has made a bold move into the world of cryptocurrency. The state has invested $5 million in a bitcoin exchange-traded fund (ETF). This is a big deal because it could be the start of something new: a state-run crypto reserve. But it's not just about the money. It's about what this could mean fo
Tether, the company behind the popular stablecoin USDT, has set its sights on becoming the majority owner of Juventus, a well-known Italian soccer club. This move comes after Tether already bought a smaller share of the team earlier this year. The offer is all in cash, aiming to buy 65. 4% of the sh
Ripple has faced a tough road, but it's not letting that stop its big plans. After a long fight with US regulators, the company is now aiming to combine different financial services using blockchain and stablecoins. Even with all the legal trouble, Ripple has still managed to impress some major play
A judge in New York recently handed down a 15-year sentence to a notorious figure in the crypto world, Kwon. The judge wasn't kind. He said Kwon was still hooked on the crypto craze and needed to be stopped. Without Kwon's guilty plea, the sentence would have been even harsher. This all started in
Bitcoin mining is at a crossroads. The network is more secure than ever, but miners are struggling. Their rewards are smaller, and costs are higher. In 2021, investors saw similar issues with certain Bitcoin-related investments. Those investments relied on market conditions that couldn't last. When
Tom Lee, a well-known figure in finance, has made a significant shift from traditional markets to the crypto world. He is now the Chairman of BitMine Immersion Technologies, a company that has moved from bitcoin mining to focusing on ether. This change shows how finance professionals are increasingl
Pakistan is making moves to bring in major crypto exchanges like Binance and HTX. The country's Virtual Assets Regulatory Authority (PVARA) has given these platforms the green light to start setting up shop. This isn't a full license yet, but it's a big step forward. The PVARA has issued something
The crypto market is not responding positively to the Federal Reserve's recent rate cut. Even though the Fed lowered interest rates, Bitcoin and Ethereum have both dropped in value. The overall market is down by 2. 25% from the previous day, totaling $3. 07 trillion. Traditional markets, like the S
