Page 234 - Crypto News Today

FTX founder Sam Bankman-Fried was charged with seven counts of fraud and conspiracy, and faces up to 110 years in prison.

Blocks Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.

Cryptocurrency mogul Sam Bankman-Fried was found guilty on all seven fraud charges against him and will face more than 115 years in prison. He was guilty of embezzling $10 billion in customer funds and reportedly fell apart during cross-examination. The former billionaire was unable to recall details about 140 times, prosecutors said.

Engineers of cryptocurrency exchange platforms are being targeted by the Lazarus Group using the novel macOS malware known as KandyKorn.

Bankman-Fried was found guilty on all counts—so, what comes next? Cryptocurrency will continue to evolve as a sector of its own or as part of the larger financial sector.

An indictment unsealed on Wednesday in Brooklyn charged founder Kyle Nagy, 35; Chief Executive Braden John Karony, 27; and former Chief Technology Officer Thomas Smith, 35, with three criminal counts each of conspiring to commit securities fraud, wire fraud and money laundering.

Cryptocurrency News: Bitcoin surged to a 17-month high as hopes for no more interest-rate hikes from the Federal Reserve and potential demand from the exchange-traded fund

Waterfall Network, the fast flowing Layer 1, scalable, completely decentralized smart contract platform, today announced it has raised 2 Million USD in a Series Pre-A Investment Round led by strategic lead investor, ByteTrade Lab, an infrastructure provider for the end user-controlled web. Waterfall Network is using the ongoing funding to accelerate

Bitcoins price briefly surpassed $35,000 last week -- helped also by some investors viewing the asset as a haven amid economic and geopolitical unrest.

The company said the move is expected to enable Indian crypto traders and investors to plan their trades with ease and, in turn, improve their profitability.