A United States federal judge is reportedly weighing a proposal to split former FTX CEO Sam Bankman-Fried’s (SBF) criminal charges into two trials following a filing from prosecutors. According to a June 15 report from The Wall Street Journal, Judge Lewis Kaplan of the District Court for the Southern District […]
Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will oversee the project, which will use Ripple’s recently launched central bank digital currency (CBDC) platform. An announcement published on […]
According to a June 15 announcement, cryptocurrency exchange Coinbase has entered into an agreement for the redemption of $64.5 million in 0.50% Convertible Senior Notes due 2026. However, the company estimates it will only need $45.5 million in cash to consummate the agreement due to the notes’ 29% discount to […]
A DeFi options platform using social logins and undercollateralized trading to draw in liquidity providers just launched, according to a June 15 announcement. The protocol, called “Synquote,” is capable of handling large trades with much less slippage than previous options platforms, the team claims. According to the announcement, Synquote did […]
Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics firm Santiment, institutional investors look to have been expecting the move […]
Defunct crypto lender Celsius has revised its bankruptcy filing, awaiting approval from a bankruptcy court in New York after a successful acquisition deal with the Fahrenheit crypto consortium. The crypto lender filed its reorganization plan on June 15. Under the revised plan, Celsius will convert all altcoins from customers, with the […]
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 The Fed recently made the decision to hike rates again, but the situation appears to be quite different according to various bitcoin and crypto analysts. The Fed and Bitcoin: Working Off Each Other? This is […]
At press time, USDT’s depeg had recovered back to $0.9975. USDT’s market cap was above $83 billion on Thursday, by far the largest stablecoin market cap in crypto per CMC data. Tether’s CTO – Let Them Come Following the news, Tether CTO Paolo Ardoino tweeted that the digital payment giant […]
The price of TRON (TRX) is falling as it faces resistance at the high of $0.085. TRON price long-term forecast: bearish On June 10, the price fell to a low of $0.064. Despite trading below the moving average lines, the cryptocurrency asset is correcting higher. At the time of writing, […]
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking a $200 million flash loan — to secure a mere $3.24 profit. On June 14, blockchain analysis firm Arkham Intelligence shared a breakdown of the bot’s movements. According to the […]
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