Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.
Users can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post
The upcoming "halving" event, which is scheduled for April, is expected to be a major milestone for Bitcoin as it will reduce its supply growth by half.
Even though the Indian startup ecosystem often dismiss Web3 as mere "bitcoin and blockchain" overlooking its broader scope, its future looks to be as dynamic as it is uncertain
The cryptocurrency reached a peak of $69,202, surpassing the previous all-time high of $68,999.99 in November 2021.
Bitcoin has gained 59 percent this year and most of the rise has come in the last few weeks when inflows into U.S.-listed Bitcoin funds have surged.
Bitcoin has rallied more than 10% in two sessions.
One of the eagerly anticipated signals in the cryptocurrency market is the upcoming Bitcoin halving, slated for April. Historically, this event has catalysed a substantial price appreciation in Bitcoin and other tokens.
The cryptocurrency has risen some 15.7% so far this year, on Monday touching its highest since Dec. 27, 2021.
In the 2024 Budget, the Narendra Modi government has an opportunity to bring clarity on the Indian government’s thinking on regulation of virtual assets. Will that happen this time?
Although the regulatory framework for crypto currency is still evolving, the US SECs approval for Bitcoin ETFs will open the gates for an asset that has been waiting in the wings for legitimacy. This means institutional capital, price stability and faster adoption.
Bitcoin’s price advanced as much as 3.8% to reach an intraday high of $47,705 on Thursday, according to data compiled by Bloomberg
Crypto experts believe that bitcoin ETF in the US paves the way for similar products in traditional financial markets around the world, including India
Crypto prices are soaring, hackers are mobilising and Redditors are pumping. But the promise of game-changing, gold-like adoption looks like a meme too far
The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency. Catch Manisha Gupta in an exclusive conversation with Ajeet Khurana
This will allow bitcoin investors to dabble in cryptocurrency without having to buy or hold any Bitcoin.
In an end-of-the-year letter, Governor Shaktikanta Das also called on the Reserve Bank of India's staff to "finds ways to improve the efficacy and quality" of the central bank's service delivery.
In a letter filed on Friday night in federal court in Manhattan, prosecutors said the "strong public interest" in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.
The Indian finance ministry has also written to Ministry of Electronics and Information Technology to block the URLs of the nine entities that it says are operating illegally without complying with money laundering laws.
Silbert is chief executive and founder of Grayscale parent Digital Currency Group, the sprawling crypto conglomerate that is embroiled in several ongoing disputes in the wake of the 2022 industry meltdown.
The future for crypto appears bright with interoperability and scaling solutions promising a quicker and more secure environment. Bitcoin looks like it will see a bull run, laying the path for other crypto currencies.
As per the press release, WazirX's crypto trading platform has seen an amazing increase of an estimated six lakh new customers
The dispute was the latest in a broader tug-of-war between the crypto sector and the top U.S. markets regulator, which has repeatedly said most crypto tokens are securities and subject to its jurisdiction.
The company is raising funds by selling the project’s crypto tokens at a discounted rate, according to The Block.
Despite being termed dead about 400 times in the last 12 years, it continues to bounce back, proving its resilience and potential as a disruptive technology