cryptocurrencies

  • SBF Finally Testifies in Court With No Jurors Present

    SBF Finally Testifies in Court With No Jurors Present

    Maxwell Zeff

    FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX, but did not recall conversations around the $US13 billion hole in his crypto empire, according to Bloomberg. Bankman-Fried is on trial for allegedly defrauding FTX…

  • These Brands Are Still Going Down With NFT’s Sinking Ship

    These Brands Are Still Going Down With NFT’s Sinking Ship

    Kyle Barr

    There’s been a lot of talk recently about NFTs, mainly that the vast majority of them are now damn near worthless. Or at least, that’s what the detractors are saying. One report from crypto analysis firm dappGambl that’s making the rounds looks at the price of current NFTs using public crypto scanning sites like CoinMarketCap…

  • PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin

    PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin

    Mack DeGeurin

    PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry comes at a time of deep regulatory uncertainty as federal agencies and lawmakers continue to grapple with the fallout of multiple major crypto implosions last…