Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison. Former FTX CEO Sam “SBF” Bankman-Fried’s public trial in a New York court ended with the jury finding him guilty on all seven charges on Nov. 3, including two counts of wire fraud, two counts of wire fraud conspiracy, one count […]

Is artificial intelligence the best invention for scammers since the internet began? Here’s one story of an AI-generated law firm sending threats to win backlinks. A new artificial intelligence-backed scam is as multi-faceted and lengthy as it is unconvincing  — at least for would-be victims who dig below the surface. I recently received a threatening […]

In a Nov. 6 speech, Republican SEC Commissioner Mark Uyeda said the watchdog needs to reassess its approach to the crypto industry. According to Uyeda, regulatory clarity is the need of the hour, and the SEC has the power to establish it. Proactive rulemaking Speaking at an international event in London, Uyeda stated that the […]

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. With all the scrutiny on megabank JPMorgan’s relationship with the now dead sex offender Jeffery Epstein, Treasury secretary Janet Yellen has called for less regulations on the banking sector. “The […]

On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain’s abyss, only for Homer to willingly become an NFT, subsequently. ‘Wild Barts Can’t Be Token’ The latest “Treehouse of Horror […]

By Nick Percoco, Kraken Chief Security Officer Cybersecurity cannot be an afterthought for a crypto platform. At Kraken, we consider securing our clients’ personal information and cryptoassets to be our highest priority, so we place security above everything. Following October’s Cybersecurity Awareness Month, we’d like to tell you more about our ongoing approach to safeguarding […]

The UK’s Financial Conduct Authority (FCA) has joined forces with the Bank of England (BOE) to gather public input on their forthcoming regulatory framework for stablecoins. In a joint statement released on Nov. 6, the FCA and BOE unveiled a discussion paper to solicit feedback to shape the regulations governing stablecoins. This initiative represents the […]

The post Ethereum Silently Gains Buying Pressure Near $1,900 As Netflow Remains Negative: Is ETH Price Set For $2K? appeared first on Coinpedia Fintech News In recent days, the crypto market has witnessed a surge of activity, with Bitcoin repeatedly knocking on the $35,000 level. Riding on Bitcoin’s bullish efforts, Ethereum traders are seizing the […]

Last week, the Federal Reserve sent Bitcoin Magazine a cease and desist letter in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. The central bank of the United States is claiming that Bitcoin Magazine merchandise that parodies its services are not protected speech, but rather an unauthorized infringement […]

The exchange’s share in crypto spot trading was slashed by one-third over the past year. Crypto exchange Binance’s market share in spot trading has fallen to 40% in late 2023, compared to 62% a year ago. According to the November 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its market […]