The addition to the satellite constellation was part of efforts to make space a “new battleground in the quest for bulletproof cryptography” by expanding computational power. The company behind a crypto-satellite module launched in May has announced that an additional piece of its blockchain-related infrastructure went into Earth orbit. According to an announcement, one of...Continue Reading

BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market. Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there...Continue Reading

Brown Rudnick has worked for the country since March, but the nation’s potentially increasing role in the case requires it to register in the United States as a foreign agent. The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related...Continue Reading

The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in prison should he be convicted. Former FTX chief executive officer Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing related to the collapse of the crypto exchange including wire fraud, securities fraud, and...Continue Reading

David Chaum explained his game plan to create a CBDC that would also be appreciated by the crypto ecosystem in an exclusive interview. When it comes to the “crypto” part of cryptocurrencies, David Chaum’s work predates the crypto ecosystem. His efforts as a renowned cryptographer date back to 1989, long before Bitcoin (BTC) was a...Continue Reading

GammaRey said it has nearly $800 million in consumer assets. According to an announcement on Jan.3, blockchain fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S., while GoLogiq focuses on customers in Southeast Asia.  As stipulated by the terms, GoLogiq will...Continue Reading

2022 was a challenging year for many crypto companies, but some maintained exemplary performance. 2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown shook the industry. It caused many cryptocurrencies to lose value and many investors to pull their money from the market. Furthermore, the unprecedented knock-on effects...Continue Reading

Industry players accumulated over $4 billion of debt in the last crypto run-up. According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising prices, industry rushed hand over fist to purchase Bitcoin...Continue Reading

Two unidentified parties are planning to act as sureties for Sam Bankman-Fried’s bail, and his legal team wants to ensure they stay that way. The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting as sureties for his $250-million bond, citing threats made...Continue Reading

The wallet address now contains around 68.56 BTC, which is worth around $1.1 million at the time of writing. As Bitcoin (BTC) has its 14th birthday, Bitcoiners from around the world are celebrating in various ways, with some opting to send BTC to the address containing the rewards for mining its genesis block. On Jan....Continue Reading