Ryan Salame, a former FTX executive, made a significant decision to withdraw his petition to dismiss the indictment against Michelle Bond just days before a crucial court hearing. Salame’s legal team communicated this withdrawal to Judge Lewis A. Kaplan of the Southern District of New York on August 29. The withdrawal was done “without prejudice,”
The mobile game NFL Rivals, endorsed by the National Football League (NFL) and the NFL Players Association, has recently announced a groundbreaking partnership with the reigning champions of Super Bowl LVIII, the Kansas City Chiefs. This collaboration marks a significant milestone as NFL Rivals secures its position as the “Official Mobile Game of the Chiefs”
The recent Wells notice issued by the U.S. SEC to OpenSea has put the spotlight on digital-asset regulation and raised concerns about the classification of NFTs as unregistered securities. This development has sparked discussions about the potential consequences for OpenSea, the NFT market, and the broader crypto industry. The SEC’s allegation that some NFTs traded
Recently, news broke that Telegram CEO Pavel Durov has been released from prison but placed under judicial supervision with strict conditions. One of these conditions includes the requirement to post a hefty €5 million bond. Additionally, Durov is not allowed to leave the French territory and is mandated to report to the police station twice
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently announced tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference in Tokyo, Japan’s largest event dedicated to cryptocurrencies. Saito’s goal is to create a favorable environment for innovation and attract international
In a game-changing move for the cryptocurrency world, the Singapore-based exchange Crypto.com has recently partnered with Standard Chartered, a multinational banking giant, to offer fiat services to retail users globally. This collaboration opens up new possibilities for users looking to seamlessly transition between traditional fiat currencies and cryptocurrencies. Standard Chartered will provide banking and payment
The latest report by TRM Labs has shed light on a concerning trend in the world of cryptocurrency – illicit activity at crypto ATMs. The findings reveal that these machines have processed over $160 million in illicit volumes since 2019, with the proportion of illicit transactions at crypto ATMs reaching 1.2% of their total volume
The recent surge in demand for bitcoin (BTC) in the United States can be attributed to Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium. While BTC has seen a rally in the U.S. market, the overall demand for Bitcoin globally has remained relatively low in recent weeks. This discrepancy highlights the growing
Opeyemi is not your average individual when it comes to his interests. He has found himself deeply immersed in the world of cryptocurrency, despite it not being his initial career path. His journey into this space has lasted for over two years, and he has not looked back since. What sets Opeyemi apart is his
The highly-anticipated 2024 bitcoin bull run has not gone according to plan, despite the asset breaking its 2021 all-time high early on. As Bitcoin struggled to maintain its momentum towards the $100,000 mark, Perplexity identified several factors that could potentially fuel another run by the end of 2024. Earlier this year, Bitcoin made history by