21 Sep, 2023

Sam Bankman-Fried Agrees to Limited Bail Conditions: $250M Bond, No Tech Access

• Sam Bankman-Fried, founder of FTX, has agreed to new bail conditions with US prosecutors that will limit his access to technology. • The proposed conditions include providing Bankman-Fried with a new phone and laptop with limited functions and preventing him from bringing unauthorized devices into his parent’s home. • Bankman-Fried is facing criminal charges […]

2 mins read

Cardano Surges 10% in 24hrs: Altcoins Blast Higher

• Cardano (ADA) price surged 10% in the last twenty-four hours. • The trading volume of the asset has also increased by over 190%. • The network released its ADA-backed stablecoin called djed (DJED). Cardano Surges 10% In 24 Hours Cardano (ADA) price started the day ranging between $0.37 and $0.40, representing a significant increase […]

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CFTC Chair: Ether & Stablecoins Are Commodities

• CFTC Chairman Rostin Behnam confirms that Ethereum (ETH) and stablecoins are commodities. • Senator Kirsten Gillibrand questioned Benham about the difference between CFTC’s stance and SEC’s stance. • SEC has taken a heavy-handed approach towards crypto regulation amidst criticisms from web3 proponents. CFTC Chair Confirms Ethereum and Stablecoins Are Commodities CFTC Chairman Rostin Behnam […]

2 mins read