FTX settles lawsuit against the Bybit exchange for $228 million

Depending on where you stand on the GameStop saga, which saw organized retail traders extract $6 billion from Wall Street overnight, you may think someone should either take the matches away from Elon Musk, or give him more.The CEO and “Technoking” of Tesla was accused of pouring “jet fuel” on the GameStop short-squeeze at a…

According to crypto analyst Willy Woo, a $1 investment in Bitcoin a decade ago would be enough to retire on, while the price of gold has barely moved. 2731 Total views 37 Total shares An investor who put $1 into Bitcoin a decade ago would have enough money to buy a luxury yacht — but…

Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price crosses under 2017 all-time highData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD sliding under $20,000 for the first time since December 2020, reaching press-time lows of $19,066.As nerves heightened after…

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. 92 Total views 1 Total shares FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.In a

Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers. 

Peer-to-peer torrent client BitTorrent has launched a native token, BitTorrent (BTT), based on the TRON protocol, according to a press release shared with Cointelegraph Jan. 3.The token can be exchanged between users to optimize their network speed and attain faster downloads, according to the press release. BitTorrent’s first full-fledged move to begin to tokenize its…

AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.

"We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services," the exchange wrote. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to a press release on Feb. 20, FTX Japan, the Japanese subsidiary of troubled cryptocurrency…