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Sam Bankman-Fried (SBF) has granted his first interview since sentencing. He and his legal team plan to appeal his 25-year sentence soon. Sam Bankman-Fried (SBF), the former CEO of the defunct FTX Derivatives Exchange revealed exclusive details on life behind prison and his legal plans. He talked about issues such as the challenges of his new life, his forthcoming appeal, and his regrets about the collapse of FTX. SBF’s Exclusive Reveal In a recent exclusive interview at the Metropolitan Detention…

The post US Government Is Going After Tether: Ripple CEO  appeared first on Coinpedia Fintech News In a recent conversation with Chris Vasquez, the ‘World Class’ host, issued a major warning that the US govt is going after ‘Tether’, the largest Stablecoin issuer. While he believes Tether is an important part of the ecosystem, he finds it hard to predict its impact on the broader ecosystem. He also disclosed that he was doubtful of the idea that crypto could replace…

Dubai, Uae, May 11th, 2024, Chainwire Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets from Cryptex.   Summary:  $68 million from the incident occurred on May 3, 2024 related to the "dust" attack were fully returned to the victim today with the participation of the cybersecurity agency Match Systems and the Cryptex cryptocurrency exchange. At the moment, the victim has no complaints against the attacker. On May 3, 2024, one of the crypto whales…

After battling the bear trend for weeks, Bitcoin (BTC) is bouncing back again, surging past the $62K key resistance zone to signal the resurgence of the bulls. This is coming at a time when the founder of the world's largest crypto exchange, Changpeng Zhao, is heading to prison for money laundering. While analysts thought the sentencing of the former Binance CEO would send ripples to the market, the former has been the case with the market booming.  In another development,…

Ethereum co-founder and the CEO of Consensys, Joseph Lubin, has hit out at the Securities and Exchange Commission (SEC) for intentionally stifling innovation in the cryptocurrency industry.  Lubin stated the SEC is engaging in strategic enforcement action instead of meaningful discussions with the crypto industry.  SEC Intentionally Stifling Innovation  Lubin made the comments while speaking at FT Live’s Crypto and Digital Asset summit, held in London, and also elaborated on Consensys’s decision to sue the Securities and Exchange Commission after…

Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could support a market cap three times its current size compared to the last cyclical top.” He added that this development could help BTC rise to…

The Nigerian government has denied the allegations made by Binance’s CEO, Richard Teng, claiming that its officials demanded a $150 million bribe to settle the criminal charges against the crypto exchange. In an official statement released on Wednesday, the Special Assistant to the Minister of Information and National Orientation, Rabiu Ibrahim, dismissed the claims as baseless. A “Diversionary Tactic” Ibrahim stated that the allegations were part of a coordinated effort by Binance to discredit the Nigerian government and divert attention…

In a significant move that could redefine financial transactions on Bitcoin (BTC), Lightning Labs is preparing to introduce stablecoins and other tokenized assets. Elizabeth Stark, CEO of Lightning Labs, announced this development during her appearance at FT Live’s Crypto and Digital Assets Summit in London. Lightning Labs Unveils Plan to Integrate Stablecoins on Bitcoin Network Stark revealed that the development team at Lightning Labs has already begun trial runs of their new protocol on the Lightning Network. “We released an…

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about how much more market cap Bitcoin can sustain. BTC is a cryptocurrency that runs on the proof-of-work (PoW) consensus mechanism, meaning that validators called miners…