The Filecoin Foundation is currently looking into the unexplained loss of $23 million worth of FIL tokens from the Filecoin Liquid Staking (STFIL) protocol. This incident occurred following reports that STFIL’s core team was allegedly taken into custody by Chinese authorities in early April. An attorney was dispatched by Danny O’Brien, a senior fellow at … Read more
Raoul Pal, a former Goldman Sachs executive, sees Bitcoin and Ethereum as the leading players vying for dominance in the cryptocurrency sector. Pal expressed in an interview with Bankless that his goal was to discover the next successful project similar to Solana (SOL), following its remarkable growth. He pointed out two primary candidates: building smart … Read more
The Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam is set to appear in court and discuss his past interactions with Sam Bankman-Fried, the ex-CEO of FTX who received a 25-year sentence for fraud linked to the cryptocurrency exchange. Behnam reportedly had numerous conversations with Bankman-Fried before the legal issues arose. Based on Behnam’s account, … Read more
The RBF has issued a caution against using cryptocurrencies for transactions or financial gains. This advisory follows proposals to control advertising of cryptocurrencies within Fiji. Ariff Ali, the governor of the Central Bank, boasts that our campaign has gained significant online visibility through social media platforms. To date, no businesses have been granted permission by … Read more
The latest CoinShares report reveals that institutional investors have reduced their holdings of Bitcoin by $110 million, leading to a net outflow from crypto assets. Additionally, the number of investment tools used in crypto has decreased, causing the total value of tokens in the market to drop to $126 million over the past week. Although … Read more