Former FTX CEO SBF pleads not guilty to US criminal charges

FTX founder and former CEO Sam Bankman-Fried plead not guilty to all eight counts of U.S. criminal charges on Tuesday. Bankman-Fried appeared before a judge in the U.S. District Court in New York City on Tuesday with his lawyers, Mark Cohen and Christian Everdell. Criminal charges

Solana price spikes as newly launched dog coin BONK gains community hype

Last week, Solana (SOL) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana's movement, the two largest cryptocurre

Will Bitcoin and Ethereum prices stagnate, sink or rebound in 2023?

Thanks to a months-long shakeout, the crypto market experienced one of the most drastic drawdowns in its history in 2022. But questions are arising about when (if?) major cryptocurrencies will recover. The global crypto market capitalization, which makes up the total value of all crypto assets (inc

India to explore prohibition of unbacked crypto in its G20 presidency

India said on Thursday that under its ongoing G20 presidency, it will prioritize the development of a framework for global regulation of unbacked crypto assets, stablecoins and decentralized finance and will explore the “possibility of [their] prohibition” in a potentially large setback

Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital

Galaxy Digital has agreed to acquire Argo Blockchain's bitcoin mining facility Helios for $65 million, the two firms announced Wednesday. The deal also includes Galaxy acquiring “related operations” from Argo Blockchain. Galaxy will also provide Argo with a $35 million loan

Sneak peek: Look who's pitching at the CCC Web3 Demo Day

We're excited to announce two more early-stage startups participating in the Cross Chain Coalition Web3 Demo Day on January 11. If you haven't heard, this free online showcase features more than 12 of today's most exciting projects building web3 infrastructure, DeFi, NFT and gaming appl

Top Solana NFT projects DeGods and y00ts to leave the blockchain and ‘explore new opportunities’

Two top Solana NFT projects, DeGods and y00ts, have announced they are leaving the blockchain in 2023, which is stirring up conflicting sentiments in the crypto community. Over the weekend, DeGods announced on Twitter that it will be migrating to Ethereum, while its sister project

Uniswap Labs' COO will judge pitches at the CCC Web3 Demo Day

Here comes the New Year and with it, resolution season. Why not resolve to do whatever it takes to build a stronger startup? Here's one easy, fun and effective step. Tune in — for free — to the Cross Chain Coalition Web3 Demo Day on January 11, 2023. Watch as we livestream more than 12 up-a

FTX co-founder Gary Wang and Alameda’s Caroline Ellison plead guilty to criminal charges

The FTX/Alameda saga continues, with news late Wednesday that two key Sam Bankman-Fried associates have been charged with federal criminal offenses in the U.S.: Both former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to multiple charges, and accepted plea agreements tha

SBF is headed back to the US to face a number of criminal charges

Nine days after being arrested in the Bahamas on a handful of criminal charges from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), former FTX CEO Sam Bankman-Fried is heading back to the United States to face them. Bankman-Fried wa

Starbucks' NFT program may drive more digital collectible integrations with big brands

As the world continues to become more digital, the demands and needs of consumers are changing — and NFTs might be a big part of the future for brands looking to shake up their rewards programs, Adam Brotman, co-CEO and co-founder of Forum3, said to technewss. “We're hearing from a lot of

India central bank chief warns crypto will cause the next financial crisis if permitted to grow

The Indian central bank's governor said on Wednesday that it's not at war with crypto, but warned that private cryptocurrencies will cause the next financial crisis unless its usage is prohibited. RBI Governor Shaktikanta Das told a room packed with banking executives and lawmakers that cry

Magic Eden exec sees NFT gaming like the 'early days of mobile gaming'

Blockchain games have grown exponentially over the past year as a new and innovative alternative to the traditional gaming world. While the two areas have been widely separated, some market players see an integrated future. “I was around in the very early days of mobile gaming, right after the iP

Bored Apes creator Yuga Labs appoints Activision’s Daniel Alegre as CEO

Activision Blizzard COO Daniel Alegre is leaving the gaming giant to take over as CEO of Yuga Labs, the company behind the Bored Ape Yacht Club. Yuga’s first and current CEO Nicole Muniz will stay on as a strategic advisor. “Nicole, Greg, and I have been on the hunt for someone with Daniel&