bitcoin
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FTX Execs Plead Guilty While Throwing Sam Bankman-Fried Under the Bus
Two executives connected to FTX, the bankrupt cryptocurrency exchange once valued at $US32 ($44) billion, have pleaded guilty to criminal charges, according to U.S. Attorney Damian Williams, who made the announcement in a video statement released online late Wednesday. And that’s really bad news for FTX co-founder Sam Bankman-Fried, because the executives are saying they…
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Senators Warren and Marshall’s New Bill Would Extend Money Laundering Laws to Crypto
There’s a new bill coming to Congress to deal with crypto, and this one’s not pulling many punches on the entire crypto ecosystem.
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Hackers Exploit a DeFi Project to Mint 4 Quadrillion Crypto Tokens
Just how far will hackers go to eek out a profit from a crypto entity? In one DeFi projects’ case, those looking to exploit found they could make a pretty penny by simply telling the system to mint a quadrillion crypto tokens.
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European Central Bank Says Bitcoin Is On ‘Road to Irrelevance’
We can now add the European Central Bank to the ranks of high-ranking crypto sceptics, with high-ranking execs going further to say that crypto shouldn’t be legitimized by any government or major financial institution.