Sam Bankman-Fried allegedly used more than $100 million “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”. The United States Attorney’s Office has released a new superseding indictment against former FTX CEO Sam Bankman-Fried (SBF) which includes allegations of campaign finance law violations as part of a wire fraud scheme. In...Continue Reading

Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials. The FTX affair continues to unravel. Sam Bankman-Fried, the former CEO of the failed crypto exchange, will be held in jail through the end of his two upcoming trials. Judge Lewis...Continue Reading

The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ventures told Cointelegraph, in an email, that the new fund would focus on early stage founders, but would...Continue Reading

Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency. The connection between Bitcoin and gold goes back to Bitcoin’s origin. While it is not mentioned in the Bitcoin white paper, Satoshi Nakamoto actually referred to gold’s rarity in a Bitcointalk forum post when introducing the first version of...Continue Reading

According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail. The legal team defending Sam Bankman-Fried (SBF) against criminal charges has requested a federal judge allow the former FTX CEO to have access to antidepressants while in...Continue Reading

Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation. The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon, the RBZ has stated. This follows the token’s success with investors, which the...Continue Reading

After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery. Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk...Continue Reading

The program will provide seed money, mentoring, and support to approved applicants. Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the first Bitcoin Ordinals accelerator program on August 14. Program Information This program is led by VC @TO & is a 4-month program for builders to raise funding, connect with mentors, & be...Continue Reading

Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory. Taiwanese music celebrity Jeffrey Huang, also known as “Machi Big Brother,” has withdrawn a defamation lawsuit against internet sleuth ZachXBT. In a bilateral announcement dated Aug. 14, Machi Big Brother said “Zach has many times in the past been...Continue Reading

Estimates of staffers facing the axe range from 45% (20 people) to 16%. A company-wide meeting is reportedly scheduled for Aug. 14. CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media reports.  TechCrunch wrote that CoinDesk CEO Kevin Worth sent...Continue Reading