Day: December 14, 2022

FTX Founder Sam Bankman-Fried Indicted on Eight Charges

Sam Bankman-Fried has been facing eight different charges and his punishment could total up to 115 years in prison. On Monday evening, December 12, the Bahamian authorities arrested FTX founder Sam Bankman-Fried as the US government filed for criminal indictment. A US grand jury has charged SBF with conspiring and committing wire fraud. The disgraced FTX founder has been facing eight separate charges from different US regulators. The eight-count indictment from the US Attorney’s Office for the Southern District of New York includes charges of money laundering and misusing customers’…

Jack Dorsey Announces $1M Grant Support for Centralized Instant Messaging Service Signal

Twitter founder Jack Dorsey said he would give Signal $1 million each year as a show of support for open internet development. Jack Dorsey recently pledged to donate $1 million every year to the encrypted messaging app Signal. This funding effort is part of a broader scheme by the Twitter founder to promote open internet development amid an industry needing all-around improvement. According to Dorsey, social media should not be in the hands of a single entity or group of entities. In addition, the Block (NYSE: SQ) co-founder and CEO also…

eSignus Integrates Ardor, Ignis, Nxt in Partnership with Jelurida

As a way to encourage the adoption, Jelurida has announced a special launch deal dedicated to its community members. eSignus, one of the fastest-growing consulting cybersecurity companies in Web 3.0 has announced the integration of Ardor, Ignis, and Nxt protocols into its state-of-the-art and secure cold wallet storage, the HASHWallet Link. According to a Press Release shared with Coinspeaker, the integration comes following the partnership eSignus inked with Jelurida, the blockchain company that develops and maintains the Ardor and Nxt blockchain networks. The integration of Ardor, Ignis, and Nxt is…

VanEck’s Bitcoin Prediction Stands At $10K-$12K By Q1 2023

VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a three-year battle. Just six months later, on June 24 of this year, VanEck reapplied for approval of a physically-backed Bitcoin ETF all over again. The SEC’s decision is currently pending. Despite this support, the investment firm has made a bearish prediction for BTC into the first quarter of 2023.…

SEC sues Atlas Trading for $100M stock manipulation scheme

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The United States Securities Exchange Commission (SEC) filed a claim against eight individuals associated with Atlas Trading, a Discord-based forum. The forum’s co-founders, affiliated podcasters and Youtubers are being alleged of stock manipulation.  The claim was filed with the U.S. District Court Southern District of Texas on Dec. 13. The regulator accuses the defendants of violating Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act. According to the SEC, bloggers made no less than $100 million by acquiring substantial positions in some securities, recommending those stocks…

Crypto Trading Platform Bitcoin Group SE Acquires German Bank with Full License as Shares Surge 5%

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The acquisition of Bankhaus von der Heydt is one of many that the Bitcoin Group has carried out in the German banking sector. Bitcoin Group SE, a crypto-focused firm, may have just fully acquired a Munich-based bank, Bankhaus von der Heydt. According to a recent announcement by the firm, it reached an agreement with the bank owner Dietrich von Boetticher, to buy the bank for 14 million euros (approximately $15 million) in cash and 150,000 shares. The deal will see Bitcoin Group acquire 100% of shares in the bank, which…

Crypto Analysts Are Keeping an Eye on ETH, Cosmos, and Tora Inu

Place/Date: – December 14th, 2022 at 11:00 am UTC · 4 min read Source: Tora Inu Photo: Tora Inu The asset currently matches the bearish trend that rules the rest of the market since ETH’s price has lost its appeal in the post-Merge environment. The price of ETH has dropped 30% from its $2,000 high since the Merge, and it’s possible that a sizable portion of the speculative capital that supported the optimistic Merge narrative is now in stable coins seeking the next investment opportunity. In addition to ETH’s uneven…