Crypto news

Bitcoin may have taken a serious hit in the past year, but for the black community, the dream is still very much alive, and bitcoin presents just as much opportunity as ever. The Black Community Still Believes in Crypto The idea is that many individuals in black America have not garnered the same chances as so many others. The narrative is that standard financial institutions often shut African Americans and other minorities out of the picture when it comes to offering...

The lawyers of Sam Bankman-Fried (SBF) have reportedly shaken hands with US prosecutors on amended bail conditions.  The authorities will give the former crypto mogul a new phone with no Internet capability and prohibit him from using online messaging applications. A recent Reuters coverage informed that SBF’s attorneys and American prosecutors involved in his case had revised his bail agreement.  The former CEO of FTX will have a new laptop with limited functions. It will...

While Jay-Z is known as a music icon, his wealth accumulation can be attributed to his wide-ranging investment in different companies. American rapper and founder of Roc Nation music label, Jay-Z has seen a dramatic rise in his net worth over the past year according to Forbes. Per the figures released, Jay-Z is now worth as much as $2.5 billion in what comes as a prophecy come true for the 53-year-old rapper. Jay Z was not one of the founders of rap music in the United States, but he...

Popular on the Ethereum blockchain, zk-proofs are also coming to the Bitcoin network. ZeroSync Association is bringing zk-proofs (Zero Knowledge) to Bitcoin (BTC) even as cryptographic techniques become popular on the Ethereum blockchain. Reports state that ZeroSync, a Swiss non-profit association, received sponsorship from crypto investment platforms Geometry Research and StarkWare Industries. The newly-formed association already has a working prototype, allowing users to validate the...

A fight is brewing between a cryptocurrency mining firm in Niagara Falls, New York and city regulators. The city wants the enterprise shut down, while the facility is working hard to keep its license in play so it can continue its business. The company in question is called Block Fusion, and it’s been working for many years in an old industrial site on Frontier Avenue. Block Fusion Is Engaged in a Crypto Lawsuit New York has not been a kind region to crypto companies....

Schon ausprobiert, Bitpanda Spotlight? Bitpanda Spotlight bietet Früheinsteigern und Trendsettern Zugang zu neuen, schwer auffindbaren und schnell wachsenden Kryptowährungen auf einer stark regulierten und sicheren europäischen Plattform. Neu hat Bitpanda Aleph Zero aufgeschaltet und schreibt an seine Kunden: Aleph Zero (AZERO) im Rampenlicht AZERO ist der native Coin von Aleph Zero, einer Blockchain zur Verbesserung der Privatsphäre, die Skalierbarkeit, niedrige Transaktionsgebühren und...

In addition to the news that only tweets from verified users will appear in the For You tab, the Twitter boss also declared that unverified users would no longer be able to vote in polls. Popular billionaire and Twitter owner Elon Musk said that only verified users would pop on the “For You” recommendation feed moving forward. This is the latest change the CEO is making to the social media platform since he acquired the company and assumed the top position in October 2022. One of the major...

CZ recently rebuffed the CFTC complaint calling for a permanent US injunction against Binance and its executives. Binance CEO Changpeng ‘CZ’ Zhao has responded to the Commodity Futures Trading Commission (CFTC) complaint against the exchange. Responding to the federal agency’s call for a US injunction against Binance, CZ raised several issues alleged in the complaint. CZ also said that the CFTC filed the “unexpected and disappointing civil” complaint despite Binance’s prior cooperation...

As far as the EU is concerned, it is gradually advancing in its crackdowns on the crypto industry through functional regulation. The European Union (EU) is set to vote on a new set of Anti-Money Laundering (AML) laws that may impose some significant restrictions on transactions involving the crypto market. According to recent clarifications given by Damien Carême, a French lawmaker from the Green party, the new restrictions will be based on scenarios where the sender cannot be identified....

As per the proposed conditions, FTX founder Sam Bankman-Fried will get a new phone with no internet capability limited to voice calls and text messages. On Monday, March 27, lawyers of FTX’s disgraced founder Sam Bankman-Fried said that they have reached an agreement with US prosecutors over the new bail conditions. This development comes as the judge raised the prospect of sending SBF to jail pending trial. The newly proposed conditions have been submitted for approval to District Judge...