Author: e_cash_top
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White House says SBF meetings concerned pandemic prevention, not just crypto
[ad_1] Former FTX CEO Sam Bankman-Fried visited the White House to discuss pandemic prevention and cryptocurrency, according to a statement on Jan. 3. White House press secretary Karine Jean-Pierre said: “The White House regularly engages with officials from a range of industries and sectors … this meeting with Sam Bankman-Fried was focused on pandemic prevention-related…
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Exploring alternative mining options through IoT incentivized networks – Gathering of the Gigahash #2
[ad_1] In this episode of The Gathering of the Gigahash, Dave, Akiba, and Joe from NetworkBits Crypto discuss the state of mining within IoT (Internet of Things) and location services. Joe, who is passionate about the subject, explains how location services work using RF (radio frequency) broadcasts and triangulation by TDOA (time differentiation of arrival).…
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US Federal Reserve, FDIC warn banks against crypto risks
[ad_1] The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks about the risks involved with crypto in a joint statement on Jan. 3. The statement noted that the past year saw high volatility in crypto prices and exposed vulnerabilities in the sector. Therefore,…
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ATOM and SOL beat BTC returns over the past 2 weeks
[ad_1] Altcoins often mirror the price movements of Bitcoin (BTC), the largest cryptocurrency by market capitalization. However, Cosmos (ATOM) and Solana (SOL), over the past two weeks, managed to outperform BTC. Cosmos is up nearly 15% compared to BTC over the past two weeks, Glassnode data indicates. On the other hand, SOL beat BTC by…
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SBF pleads not guilty, Class action filed against Genesis, Voorhees eyes 2026 bull run
[ad_1] The biggest news in the cryptoverse for Jan. 3 is dominated by SBF entering his ‘not guilty’ plea, Genesis hit by class action lawsuit, Bithumb chairman found not guilty, and more in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories SBF free on bail for 10 months until trial in October as he pleads not…
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Crypto VC funding down by 82.5% YOY, lowest in 2 years
[ad_1] Crypto startups raised $660 million in VC funding in December 2022 – down 21.5% from November (2022) and 82.5% from December 2021 ($3.76 billion), according to a report by Wu Blockchain. The number of crypto VC public investment projects in December 2022 was 50 – a 23% decline from November 2022 (65 projects) and…
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SDNY launches FTX Task Force to recover funds
[ad_1] The Southern District of New York has created a task force intending to recoup lost FTX assets, according to a report published by CNBC on Jan. 3. That effort, called the FTX Task Force, will work to trace and recover funds belonging to customers who lost funds during the collapse of the exchange. The…
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Yuga Labs’ NFT royalty income hits $107.8M in 2022
[ad_1] Yuga Labs‘ total royalty income from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (MAYC) collections add up to $107.8 million, according to data shared by MilkRoadDaily. Otherdeed for Otherside became the NFT project that collected the most significant revenue in 2022 by making $49.9 million. The collection consists…
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BTC market dominance exceeds 40% after 6 months
[ad_1] Glassnode data analyzed by CryptoSlate indicates that Bitcoin’s (BTC) market dominance exceeded 40% for the first time since July 2022. BTC market dominance The chart above represents the BTC market dominance since October 2020 with the orange line. The BTC dominance was as high as 70% at the beginning of 2021. However, this percentage…
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SBF asks judge to keep the identifies of his bail sureties confidential
[ad_1] Founder of defunct crypto exchange FTX, Sam Bankman-Fried (SBF), requested federal judge Lewis Kaplan to keep the identities of his additional bail guarantors secret. Judge Kaplan was assigned to oversee SBF’s criminal trial after judge Ronnie Abrams recused herself citing a potential conflict of interest. In a letter dated Jan. 3, SBF’s lawyers asked…