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

Nasdaq Rolls Out Cryptocurrency Service Focused on Institutional Investors

The half-a-century-old monetary service big introduced right now the formation of a brand new unit devoted to the rising cryptocurrency business. Dubbed Nasdaq Digital Assets, it goals to facilitate the doorway of extra institutional members eager to discover the asset class. Bloomberg first broke the story, indicating that Nasdaq employed Gemini’s former dealer companies head … 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

US SEC Sues Owner of Alleged Ponzi-Like Cryptocurrency Scam

The Securities and Exchange Commission launched a lawsuit once more two advisory corporations and their proprietor for running a Ponzi-like cryptocurrency scheme. The corporations operated for over 4 years and handle to boost almost $4.4 million. The lawsuit is towards Creative Advancement LLC and Edelman Blockchain Advisors LLC in addition to their proprietor – Gabriel … 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

The scary reality of cryptocurrency scams on Instagram

Twenty-five-year-old Preksha Kasbe, a scholar based mostly in Pune woke as much as a DM on Instagram from her buddy Sonali who she knew from college.  Excited, she responded to her message chatting about life on the whole as pals do. “But then Sonali switched the dialog to crypto investments and the way it modified … Read more

Indian citizen pleads guilty in first-ever cryptocurrency insider trading case in the US

A 26-year-old Indian citizen has pleaded guilty in the first-ever cryptocurrency insider trading case in the US, in which he alongside together with his brother and their Indian-American pal made ill-gotten earnings totalling over 1,000,000 {dollars}. Nikhil Wahi, a citizen of India and residing in Seattle, on Monday pleaded guilty to wire fraud conspiracy and … 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

Coinbase Exec’s Brother Pleads Guilty to Cryptocurrency Wire Fraud

The U.S. Department of Justice launched an announcement on September 12 reporting that Nikhil Wahi, brother of ex-Coinbase product supervisor Ishan Wahi, pleaded responsible to committing cryptocurrency wire fraud utilizing insider info sourced from his brother. Per the release, Nikhil Wahi faces up to 20 years of doable jail time. In addition, he may have … Read more

Google now displays a countdown clock on searching ‘Ethereum Merge’

Google has added a countdown clock displaying the variety of hours left for Ethereum Merge to happen. The Merge is an occasion that goals to modify Ethereum’s community from Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm. It is all set to vary the working of the blockchain, with the goal to make the Ethereum blockchain … Read more