FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since
Bitcoin Price Prediction as ‘Buy The Dip’ Sentiment Floats It Above $43K – Can It Sustain the Momentum?
In the realm of Bitcoin price prediction, the premier digital currency recently saw a dip below the $43,000 mark, impacted by a downturn in the US stock market and Coinbase shares’ performance. Despite these headwinds, Bitcoin demonstrated resilience, buoyed by a
Ronin Token (RON) Rally Holds Strong Despite Volatility After Binance Listing
Ronin, the gaming blockchain developed by Sky Mavis, the creator of Axie Infinity, has demonstrated resilience in its token (RON) performance despite facing initial turbulence while listing on the crypto exchange Binance. On February 5, Ronin token prices experienced significant volatility,
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X
Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled
Revolutionary eTukTuk Token Pre-Sale Skyrockets, Crossing $800,000 – Is This The Best New Crypto on the Market?
Revolutionary green crypto eTukTuk token’s presale is skyrocketing, having just crossed $800,000 in funds raised. Investors have been piling into the sustainable transportation-focused web3 start-ups presale ahead of an imminent price rise. $TUK tokens are currently available at a price of $0.02625. But
South Korean Crypto Exchange Bitsonic Execs Jailed for Price Manipulation
A Seoul court jailed South Korean crypto exchange Bitsonic executives for manipulating crypto prices – and profiting to the tune of $7.5 million. Newsis reported that the Seoul Eastern District Court sentenced the CEO of the Bitsonic trading platform to seven
Biden, Trump and classified documents: An explainer
This article was originally published in 2023 and has been updated with new developments. Special counsel Robert K. Hur, a former U.S. attorney in Maryland, will soon release a report critical of President Biden and his aides for mishandling classified documents
D.C. Circuit considers claim of Jan. 6 jury bias ahead of Trump trial
The U.S. Court of Appeals for the D.C. Circuit heard arguments Tuesday on whether D.C. jurors are unfairly biased against people charged with committing crimes at the U.S. Capitol on Jan. 6, 2021. It’s a question with relevance for former
Alaska flight that blew door plug had bolts removed at Boeing facility
A panel that blew off an Alaska Airlines plane midflight last month appears to have been installed at a Boeing factory without four bolts needed to keep it attached, according to a report by federal investigators Tuesday. The piece appeared intact