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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured … Read more

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his … Read more

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan

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A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT of Historic … Read more

Bitcoin Hardware Wallet Nano Ledger Most Popular Holiday Purchase in This US State

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Americans are known around the world for their love of over-the-top holiday shopping. But recently at least some have actually made a smart and sensible purchase around Black Friday and Cyber Monday. In fact, people in Nevada acquired so many Ledger Nano wallets, to better protect their cryptocurrency holdings, it became the most bought item … Read more

Russians Think Bitcoin Makes a Great Present

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Cryptocurrency is gaining popularity in Russia as a good idea for a gift. According to a new survey, more and more Russians believe cryptos, like bitcoin, would make their girlfriends and wives happy on special occasions. The 8th of March is celebrated as Women’s Day in Russia and in many other countries.   Also read: … Read more

Surveys: 73% of Russians Will Increase Crypto Investments

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A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want … Read more

The Satoshi Revolution – Chapter 3: Wall Streeting Bitcoin (Part 5)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Wall Streeting Bitcoin (Chapter 3, Part 5) Bitcoin was supposed to demonstrate the power of a true free market. Instead it’s full of scams, rent-seekers, theft, useless for real purchases…. … Read more

Indian Couple Asked to Be Gifted Bitcoin at Wedding

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An Indian couple requested for friends and family to gift them bitcoin at their wedding earlier this month. The couple, Prashant Sharma and Niti Shree, are the founders of a startup in the technology industry and hold high hopes for the future of bitcoin and distributed ledger technology. Also Read: India’s Crypto Crackdown: Wealthy Bitcoiners Targeted, … Read more