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Weekly overview

Sam Bankman-Fried found guilty on all 7 charges in FTX fraud trial

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

U.S. Attorney Damian Williams called Bankman-Fried’s crimes "a multibillion-dollar scheme designed to make him the king of crypto" and one of the biggest financial frauds in American history. Former FTX…

Continue ReadingSam Bankman-Fried found guilty on all 7 charges in FTX fraud trial

$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token. Visa completes Hong Kong digital currency trial with HSBC…

Continue Reading$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

Coinbase narrows loss while crypto trading volumes fall in Q3

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out. Cryptocurrency exchange Coinbase narrowed its net loss to $2 million in the third quarter,…

Continue ReadingCoinbase narrows loss while crypto trading volumes fall in Q3

Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. Marathon Digital has begun mining Bitcoin…

Continue ReadingMarathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

NIST establishes AI Safety Institute Consortium in response to Biden executive order

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.” The United States National Institute of Standards and Technology (NIST) and the Department of Commerce…

Continue ReadingNIST establishes AI Safety Institute Consortium in response to Biden executive order

BTC price cools off, but ‘You can never have too much Bitcoin,’ says Saylor

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

Bitcoin price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on BTC. This week Bitcoin (BTC) price…

Continue ReadingBTC price cools off, but ‘You can never have too much Bitcoin,’ says Saylor

Sam Bankman-Fried trial [Day 17] — latest update: Live coverage

  • Post author:admin
  • Post published:November 3, 2023
  • Post category:Weekly overview

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York bringing you…

Continue ReadingSam Bankman-Fried trial [Day 17] — latest update: Live coverage
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