Guilty: Inside Sam Bankman-Fried’s Verdict and Everything You Need to Know
[CryptoPotato] After the collapse of Sam Bankman-Fried’s FTX, customers suffered losses in the billions of dollars. Following a grueling trial in New York and four hours of deliberations, the jury’s…
Another Huge Win for Ripple (XRP) as Georgia’s National Bank Selects it for CBDC Pilot Project
[CryptoPotato] In a November 2 announcement, the National Bank of Georgia (NBG) revealed it had selected Ripple as its official technology partner for the Digital Lari (GEL) pilot project. This…
Ripple (XRP) Will Continue Expanding in This Country: CEO Brad Garlinghouse Confirms
[CryptoPotato] TL;DR DFSA approves XRP for use in Dubai International Financial Center, joining other accepted cryptocurrencies like BTC and ETH. Ripple’s CEO commends Dubai’s regulatory environment and indicates Ripple’s commitment…
Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade
[CryptoNews] Source: Ark Invest / Instagram Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over…
Coinbase Exceeds Analyst Expectations with Q3 Revenue of $674.1 Million
[CryptoNews] Source: Adobe Coinbase reported a narrower net loss of $2 million in the third quarter and a total transaction volume of $76 billion, despite a year-on-year increase in revenue,…
SEC seeks summary judgment in Do Kwon and Terraform Labs case
[CoinTelegraph] The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.…
U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader
[CryptoNews] Source: Pexels The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip…
Bitcoin Price Prediction: Saylor’s Stand as BTC Dips Amid Fed Shift
[CryptoNews] As Bitcoin hovers around $34,667, marking a 3% decrease on Friday, the cryptocurrency world is closely monitoring the stance of prominent figures like Michael Saylor. Despite the dip, Saylor…
Ripple Effect? US Accountability Office Rules SEC Broke the Law
[CryptoPotato] Ever since a US judge ruled in July that XRP tokens are not securities, the SEC has been the underdog in its long-running feud with Ripple Labs. Meanwhile, a…
Aragon Association to Dissolve, Distributing $155 Million in ETH to Token Holders
[CryptoNews] Source: Adobe / photo_gonzo The Aragon Association, one of the biggest crypto projects building tools to support decentralized governance, has decided to dissolve, distributing most of its assets to…
Caroline Ellison, Gary Wang, and Nishad Singh Might Not be Jailed, Bankman-Fried Faces Decades in Prison: Bloomberg
[CryptoNews] Source: Adobe / Александр Поташев Three former close friends and colleagues of FTX co-founder Sam Bankman-Fried have testified against him, potentially leading to minimal jail time for themselves. Caroline…
Will This Have An Impact on Bitcoin’s (BTC) Price Rally?
[CryptoPotato] TL;DR Bitcoin enthusiasts and investors are anticipating a potential surge in Bitcoin prices following the possible SEC approval of a Bitcoin spot ETF, which is expected to attract more…
WEEX Exchange Achieves Global Regulatory Compliance Milestones, Paving the Way for Secure Crypto Trading
[CryptoPotato] [PRESS RELEASE – Singapore, Singapore, November 3rd, 2023] WEEX Exchange is a globally regulated cryptocurrency trading platform that offers compliance, security, and professional assistance to crypto investors. Here’s why…
SEC Seeks Summary Judgment in Do Kwon and Terraform Labs Case, Citing Lack of Material Dispute for Trial
[CryptoNews] Source: Terra / YouTube The U.S. Securities and Exchange Commission (SEC) has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs.…
Major Announcement From Ripple (XRP): What Are the Implications?
[CryptoPotato] TL;DR The Dubai Financial Services Authority (DFSA) has approved the use of Ripple’s XRP cryptocurrency within the Dubai International Financial Centre (DIFC), enabling digital asset companies to incorporate XRP…