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DOJ Drops Second Trial against Sam Bankman-Fried On December 29, 2023, after 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) made the decision to not proceed with a subsequent trial against Sam Bankman-Fried, the former CEO of FTX. This update was disclosed by Matthew Russell Lee of the Inner City Press, who shared […]

Decentralized Finance (Defi) Sees Impressive Growth Over the past year, decentralized finance (defi) has experienced a significant recovery, with both the total value locked (TVL) and token valuations soaring in 2023. In April 2022, defi protocols held approximately $163 billion TVL, but by January 2023, this amount had declined to $38.30 billion. However, these indicators

Introduction Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has recently shared insights into how he made the majority of his wealth. He believes that the future of stock and bond markets lies in resources, rather than the traditional Silicon Valley technology startups. Kiyosaki predicts that resources will be "the coming boom in

Bitcoin Reigns Supreme in 2023, Outpacing Ethereum in Several Metrics In the past year, bitcoin has established its dominance over ethereum in various important aspects. The value of ether has experienced a decline of 27.65% compared to bitcoin's price since the beginning of the year. It has dropped from 0.073 ether to its current level

The Crypto Market Overview Over the past week, both bitcoin and ethereum have seen slight declines, ranging from 1.8% to 3.6%, when compared to the U.S. dollar. However, amidst these declines, several crypto assets have showcased impressive double-digit growth. Notably, internet computer (ICP), helium (HNT), bonk (BONK), and woo network (WOO) have emerged as the

Bank of China Completes First Cross-Border Precious Gold Transaction With Digital Yuan The Bank of China's Shanghai branch has made history by successfully completing the first settlement of precious metals using the digital yuan. This groundbreaking transaction took place on December 19 and involved the Shanghai Gold Exchange closing a $14 million precious metal trade

Introduction As the halvening approaches, Bitcoin mining operators are faced with a crucial challenge. The outcome of this battle could make or break their bets made during this Bitcoin epoch. The looming question is not only how to weather this event but where to position themselves strategically. While building and operating an efficient fleet of

Introduction Reflecting Singapore's progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and contribute significantly to the burgeoning blockchain community. Hashkey Capital Singapore's Milestone: Full CMS License from MAS In yet another positive

Financial firms are feeling confident that the Securities and Exchange Commission (SEC) will approve spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024, according to Charles Gasparino of Fox Business. Gasparino's post also highlighted that Bitcoin ETF shares will only be purchasable with cash, as the SEC is concerned about the potential for money laundering

The Crypto Market's Transformation As the crypto market undergoes a transformative era, Coinbase's 2024 Crypto Market Outlook provides valuable insights and predictions. This comprehensive 80-page report, which encompasses data up to November 30, 2023, delves into pivotal shifts and institutional practices within the crypto market. A New Phase: End of the Crypto Winter The report