FTX Founder’s Shocking Criminal Charges Reveal Incredible Stupidity
Allgemein• Sam Bankman-Fried’s FTX Crime Family faces new criminal charges, including bank fraud and operating an unlicensed money transmitter. • The charges reveal that Bankman-Fried was attempting to curry favor in Washington, D.C. in order to escape the consequences of his actions. • Federal officials are now charging Bankman-Fried with additional offences beyond the eight
Cantor Fitzgerald Manages $39B for Tether Stablecoin: WSJ
Allgemein• Cantor Fitzgerald, a Wall Street bond trading powerhouse, is managing $39 billion of Tether’s reserves. • The reserves are part of the $67 billion in bonds, cash and loans backing Tether’s stablecoin (USDT). • Tether reported assets at year-end 2022 of $67 billion, with the majority in U.S. Treasury bills. Cantor Fitzgerald Managing Tether’s
Crypto Market Soars Post-Fed: DeFi and Smart Contracts Stars
Allgemein• Altcoins from the DeFi and smart contracts sector outperformed bitcoin on Thursday after Federal Reserve Chair Jerome Powell offered unexpectedly less hawkish remarks. • Uniswap’s UNI token and Avalanche’s AVAX token were recently up about 4.5% and 3.4%; ether rose 3% at one point Thursday. • Bitcoin (BTC) was recently trading above $23,560, roughly
Mango Markets Relaunch in Limbo as SEC Scrutiny Lingers
Allgemein• Developers behind the Solana-based crypto exchange Mango Markets are pushing forward with a relaunch despite scrutiny from federal regulators. • The SEC has accused MNGO trader Avraham Eisenberg of securities market manipulation and is implying that it has the authority to bring a case against the exchange that issued MNGO. • Securities lawyers have
Candy Digital Raises $38M in Equity Offering, Boosting NFT Boom
Allgemein• Sports-focused non-fungible token (NFT) company Candy Digital has raised $38M in an equity offering. • The offering opened on Jan. 3, following reports that Fanatics was selling its 60% stake in Candy Digital to a group led by Michael Novogratz’s Galaxy Digital. • Candy Digital was founded in 2021 by Galaxy Digital, Gary Vaynerchuk,
MakerDAO Community Votes to Keep GUSD in Reserve System, Thanks to ParaFi Capital
Allgemein• MakerDAO’s community voted to keep the Gemini USD (GUSD) stablecoin as part of its reserve system for its DAI stablecoin. • 50.85% of the votes favored keeping the GUSD debt ceiling at $500 million level in Maker’s Peg Stability Module (PSM), while 49.15% voted for decreasing to zero. • Venture capital firm ParaFi Capital
All You Need to Know About the Release of the Samsung Galaxy Watch 5
smartwatchThe Samsung Galaxy Watch 5 is the latest model from the Korean tech giant and is expected to be among the most sophisticated smartwatches available that are available. With its stylish design, a wide array of fitness and health features and a long battery life and a dazzling connectivity The Galaxy Watch 5 is poised