Pulse Of Modern Finance & Cryptocurrency
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN PRISON FOR MULTI-BILLION DOLLAR FTX FRAUD pic.twitter.com/M9HotmBma2 — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024 … Read more
In a landmark decision impacting both the crypto and NFT realms, Sam Bankman-Fried—the former chief of the now-ceased FTX exchange and NFT marketplace—has been sentenced to 25 years in prison. Earlier today, Judge Lewis A. Kaplan in Manhattan sentenced Sam Bankman-Fried for fraud and conspiracy, among numerous other financial-based charges. Despite the prosecution’s recommendation for a 40 … Read more
In a significant move, Google has begun indexing Bitcoin blockchain data into its search engine results. Users can now search for Bitcoin addresses and see transaction details directly in Google searches. NEW: Google has recently started indexing #Bitcoin data into their search engine đź‘€ Huge Development đź‘Ź pic.twitter.com/hIAJfLkYXh — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024 … Read more
Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin’s dip below $60,000. NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following five consecutive days of outflows last … Read more
What will this funding mean for Illuvium? Illuvium aims to create an interoperable gaming universe where players can seamlessly utilize the same NFT assets across an array of different titles – all powered by their $ILV token. This investment is set to culminate in the launch of three new, interconnected titles within the next three … Read more
Bitcoin self-custody platform Casa announced that it’s launching a new inheritance product — Casa Inheritance — for its global customer base. Casa, known for helping crypto investors secure their BTC and other digital assets with multisig vaults, aims to make it easy for its customers to transfer their digital assets to their loved ones when … Read more
Per a press release sent to Bitcoin Magazine, United States Senator Cynthia Lummis (R-WY) is set to appear in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States. News of Lummis’s participation in The Bitcoin Policy Summit by … Read more
The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. Demand from US BTC ETFs exceeds new BTC supply by 7x pic.twitter.com/OCU5D19rpf — Gayatri (@GayatriPC_) March 27, 2024 The surge in demand for … Read more