Author: e_cash_top

[ad_1] The U.S. Department of Justice (DOJ) has argued that FTX founder Sam Bankman-Fried cannot rely on the country’s lack of clear regulatory frameworks for the emerging industry in his defense. In an Oct. 4 letter to Judge Kaplan, the DOJ wrote that there are prohibitions on misappropriation of customer assets, which are the laws…

[ad_1] Elon Musk officially became a gaming streamer on Oct. 3 as he streamed himself playing Diablo IV on his X social media platform. However, what surprised the world is that self-identifying gamer “Elon” experienced a first stream that was no different from anyone else starting up a gaming channel for the first time, with…

[ad_1] Ripple’s XRP emerged as one of the rare gainers during a subdued 24 hours in the cryptocurrency market that saw Bitcoin (BTC) and other top digital assets lose their value. Data from CryptoSlate reveals that XRP surged by approximately 5%, reaching $0.53018 as of press time. This uptick follows Ripple’s significant victories during the…

[ad_1] Quick Take The Bank of Japan (BOJ) stands at a critical juncture, striving to maintain a delicate balance amid a changing economic landscape. Recent data shows that the 10-year yield, which the BOJ has endeavored to keep below 1%, has touched 0.8, a peak unseen since 2013. Simultaneously, the BOJ has labored not to…

[ad_1] Ethereum founder Vitalik Buterin recently wrote an in-depth blog post exploring the question of which features should become official parts of the Ethereum protocol versus being built on top of it. This has been an ongoing debate as the network evolves. In the early days, Buterin explains, Ethereum strove to keep its base layer…

[ad_1] The first day of the Sam Bankman-Fried (SBF) trial ended without a final jury being selected, and the process will continue for another day. The U.S. District Court for the Southern District of New York plans to choose 12 jurors and six alternates through the process, which is expected to conclude on Oct. 4.…

[ad_1] While the United States and Europe clamp down on crypto, new hubs are flourishing in the Asia Pacific region. Hong Kong recently opened its doors to crypto trading, and Vietnam and India were crowned the top crypto adopters in 2022. For companies eager to enter these booming markets, bulletproof KYC processes and localized onboarding…

[ad_1] The ebb and flow of crypto regulations have been a fixture since the very beginning of the DeFi ecosystem. From the most liberal to the most stringent, every country and its regulators have constantly grappled with streamlining the market. In the United Kingdom, this dialogue has taken a pivotal turn, with the latest guidelines…

[ad_1] On the opening day of  Sam Bankman-Fried‘s criminal trial in New York,  U.S. government prosecutors told the court that that no plea deals had ever been under consideration for the accused former CEO. According to a partial transcript live-tweeted by Inner City Press, Assistant U.S. Attorney Nick Roos said on behalf of the government:…

[ad_1] The ongoing legal skirmish between the SEC and Ripple Labs added another chapter as Judge Analisa Torres denied the SEC’s request for an interlocutory appeal on Oct. 3. With the appeal motion off the table, both parties gear up for a trial set for April 23, 2024. The verdict could reshape regulatory norms in…