Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 million

NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives at the failed cryptocurrency exchange have bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years. , as the official property records show. Separately, FTX’s attorneys said on Tuesday that one of the company’s divisions … Read more

This college drop out started a tea stall that now accepts Bitcoin

What if you happen to might take the smallest threat attainable that would possibly change your life? That’s what a younger man from Bangalore did by dropping out of college to begin his personal business. With an preliminary capital of simply Rs 30,000, Shubham Saini, a 22-year-old scholar arrange a tea stall named ‘The Frustrated … Read more

The world of crypto: ICO to DAO to POS, a quick guide to some key crypto terms

It’s no thriller that the world of cryptocurrency could be an intimidating one for anybody new to it. With so many unknown terms floating round, it’s simple to really feel such as you want an insider to perceive what’s occurring. Thankfully, we’ve bought you coated. If you’re studying this, likelihood is you might have already … Read more

How to introduce cryptocurrency to your Indian parents

Convincing older generations to undertake new applied sciences might be difficult. Often one has to depend on a unique strategy than one would with their associates. It takes tact, endurance and conviction to convert cautious parents into cautious traders as a result of they’re primarily trusting you with their money. We put a step-by-step information … Read more

Want to leave crypto? Here’s a quick guide to quit cryptocurrency world safely

It gained’t be fallacious to say that this has been the harshest crypto winter of all time. For the primary time, corporations like WazirX and Binance fought over the possession of the corporate. Not to forget, the regulatory uncertainty from international regulators has deepened the wound of buyers who’ve misplaced their complete life financial savings. … Read more

Hackers are making deepfakes to scam crypto group, says Binance executive

Patrick Hillmann, Chief Communications Officer at Binance has warned about rising online scams that are focusing on the crypto group. He claimed that scammers are making deep fakes of his picture in Zoom calls to scam crypto executives. “Over the previous month, I’ve acquired a number of online messages thanking me for taking the time … Read more

Cryptoverse: Electric ether leaps on verge of Merge

It seems like ethereum’s mega-upgrade is going on. Finally. After years of delays, the “Merge” appears all however sure to happen in September, with the cryptography underlying the blockchain present process a radical shift to a system the place the creation of new ether tokens turns into far much less energy-intensive. “It’s an thrilling time … Read more

Reddit announces new way to accept cryptocurrency using Community Points

Online discussion board Reddit has launched a new way to accept cryptocurrency funds using Community Points. The platform has partnered with FTX, a preferred crypto change to unlock new crypto-enabled perks for Reddit Community Points. Reddit Community Points are a measure of popularity in customers’ communities. In subreddits, they’re displayed subsequent to usernames, so the … Read more

Cryptoverse: Blockchain bridges fall into troubled waters

Another day, one other hack – and one other blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto agency Nomad final week, it was the seventh hack of 2022 to focus on an more and more necessary cog within the crypto machine: Blockchain “bridges” – strings of code that assist transfer … Read more

After ED investigation, Binance CEO Changpeng Zhao denies WazirX ownership

Indian cryptocurrency trade WazirX is in sizzling water once more after Binance, the world’s largest crypto trade, claimed that it “doesn’t personal any fairness in Zanmai Labs’, the entity working WazirX. Binance issued the assertion hours after the Enforcement Directorate (ED) on Friday mentioned it had frozen financial institution balances of Rs 64.67 crore belonging … Read more