Crypto News

Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs

Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi NakomotoSource link

SBF Sentencing

BTC: 70.7k (+1%), ETH: 3585 (0%), SOL: 186 (-1%). Top 100 gainers: DOGE, GT, BCH, RBN. Crypto mixed, BTC-beta & memes outperform. SEC case vs Coinbase set to go to trial. DeFi win as case dismissed vs Coinbase wallet. ETFs see $244m inflows led by Ark. BlackRock ETF fastest growing in history: Fink. ETH ETF possible even if its a security: Fink. ETH spot ETF by May chances only 20%: GSR. SBF sentencing today, faces 50 years.Source link

UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange

The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign currency for Russia. Russia Sanctions Busting The U.K. and the U.S. are reportedly reviewing cryptocurrency transactions valued at $20Source link

On the Halving, Bitcoin is Getting New Technologies: Rollups and Tokens. Sovryn’s New Initiative is How...

Sovryn’s and BOB are offering early users a piece of the new Bitcoin economy. With the Bitcoin Halving less than a month from now, Bitcoin will get two significant technological additions: Rollups, which will allow an increase in user adoption, lower fees, and smart contract capabilities, and native Bitcoin tokens called Runes. These two additionsSource link

‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros

According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.” Da Ros suggests that this culture, combined with theSource link