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The founder of one of the largest darknet platforms, Silk Road, Ross Ulbricht, has spent 10 years behind bars. On Monday, Oct. 2, Ulbricht published a post in which he shared that today marks his tenth year in prison. He now fears he will spend the rest of his life “behind
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The relatively under-the-radar crypto company Prometheum has been thrust into the spotlight after a recent testimony from its co-founder before a United States House Committee, discussing crypto regulatory clarity. On June 13, Prometheum co-founder and co-CEO Aaron Kaplan appeared before the U.S. House at a hearing to discuss providing regulatory
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Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations.“The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge
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Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after reaching an agreement with the U.S. Securities and
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John Ray, who took over as chief executive officer of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy.In testimony for FTX’s case in the United States Bankruptcy Court for the District of Delaware on Feb. 6, Ray said he and
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SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt over the actions of FTX founder Sam Bankman-Fried, who he said he once considered a “friend.” Speaking at Casper Lab’s Blockchain Hub event in Davos, Switzerland on Jan. 16, Scaramucci emphasized that in the aftermath of
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Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning and reviewing what happened.” Bankman-Fried Responds to Rep. Waters’
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Summary: CZ believes Michael Saylor will get the last laugh in time over MicroStrategy’s consistent Bitcoin purchases. CZ was responding to news of MicroStrategy buying an additional 480 Bitcoins for $10 million. MicroStrategy now holds 129,699 Bitcoin at an average entry price of $30,664. However, Peter Schiff believes that Mr. Saylor bought a small
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Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla CEO Elon Musk reaffirmed his support for
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After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t. Source
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