FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. The FTX bankruptcy estate seeks to recover over $100 million from SkyBridge Capital and founder Anthony Scaramucci to recoup funds spent by former FTX CEO Sam Bankman-Fried (SBF) on sponsorship and investment deals with Scaramucci...Continue Reading

The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets. Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections. According to data...Continue Reading

While Helium mining can be profitable, factors like location, network congestion and HNT price fluctuations influence earnings. Helium mining is the mechanism that powers the Helium network to provide global wireless technology for Internet-of-Things devices. Helium involves running a hotspot to provide coverage for Internet-of-Things (IoT) devices via the Helium Network. Miners are required to...Continue Reading

Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.  Bitcoin has surged beyond $76,000 following Donald Trump’s victory in the United States presidential election on Nov. 5. Bitcoin (BTC) analyst PlanB’s stock-to-flow model now projects a $500,000 price target for the asset within the...Continue Reading

The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.  A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election. It raises...Continue Reading

Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights. Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors. In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores...Continue Reading

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC). Kjetil Watne, project director for...Continue Reading

Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs. Bitcoin (BTC) preserved $76,000 into Nov. 9 as “spoof city” kept BTC price action pinned in a narrow range. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView captured familiar trading conditions for...Continue Reading

Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. Roman Sterlingov, the founder of the darknet’s oldest cryptocurrency mixer “Bitcoin Fog” has been sentenced to 12.5 years in prison as part of the United States government’s broader crackdown on crypto mixers....Continue Reading

The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows...Continue Reading