Category: Latest news
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Trove of evidence against Sam Bankman-Fried includes Caroline Ellison-authored document, ‘Things Sam is Freaking Out About’
[ad_1] U.S. government prosecutors have moved to admit and exclude specific evidence in the case of former FTX CEO Sam-Bankman Fried in an Aug. 14 filing. Caroline Ellison’s statements could become evidence In the relevant filing, prosecutors asserted that communications from Bankman-Fried’s associates should not be excluded as hearsay. Notably, prosecutors plan to include a…
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Republican members of Congress demand information on Prometheum approval from FINRA, SEC
[ad_1] Financial Services Republicans, led by Chairman Patrick McHenry (NC-10), are inquiring with regulatory agencies regarding the recent approval of Prometheum Ember Capital LLC as a distinct broker-dealer for digital assets. Their inquiries are directed toward the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC). A relatively unknown company at the…
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Institutional investors have switched gears on Salvadoran bonds
[ad_1] El Salvador’s once-shunned debt has become a sought-after investment this summer, with BNN Bloomberg reporting that major financial institutions like JPMorgan Chase & Co., Eaton Vance, and PGIM are making notable moves into the market. The significant turnaround is largely credited to President Nayib Bukele’s efforts. Despite initial apprehensions from Wall Street due to…
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Turn drone footage into 3D metaverses as Nvidia launches new AI tool
[ad_1] Nvidia has publicly released the code for its groundbreaking framework, Neuralangelo, to create ultra-high definition 3D models from regular video clips. Now available on GitHub, the tool allows users to take a high-quality video clip and convert it into a 3D model, which can then be used in game development, movie effects, architecture, engineering,…
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Eagerly-awaited Jacobi Bitcoin ETF sees lukewarm reception on debut
[ad_1] Early indications show that Europe’s “first” Bitcoin (BTC) exchange-traded fund (ETF), Jacobi Bitcoin ETF, is not generating much interest as anticipated, as its transaction volume of only four transactions during the first day of its trading. Data from Euronext shows that the Jacobi ETF recorded only four transactions, with a volume of 113 as…
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Binance Connect to shut down effective Aug. 15
[ad_1] Binance Connect, formerly known as Bitfinity, will cease operations today. The announcement came from Biswap, a decentralized exchange platform on BNB Chain, via a tweet. Binance Connect’s discontinuation was attributed to its provider ending support for card payments. Binance Connect was a payment infrastructure whose stated goal was to bridge traditional finance with emerging…
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Long-term Bitcoin holders cash in with profits nearing $100M
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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AllianceBlock backed Nexera DEX eyes institutional adoption with decentralized KYC, AML
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy
[ad_1] Prime Trust, LLC, a prominent player in digital asset custody, has filed voluntary petitions for Chapter 11 bankruptcy. According to a report released by the company on Aug. 14, the proceedings are expected to provide a “transparent and value-maximizing process for the benefit of its clients and stakeholders.” The Nevada-based company is known for…
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Fake beta-testing apps enlisted to rob cryptocurrency, FBI reports
[ad_1] The U.S. Federal Bureau of Investigation (FBI) warned that fraudulent beta-testing applications were masquerading as genuine cryptocurrency investment platforms to steal funds from unsuspecting victims, according to an Aug. 15 notice. The law enforcement agency revealed that cybercriminals engaged victims through dating and networking apps. These malicious actors persuaded individuals to download harmful beta-testing…