The Financial Times said Trump Media and Technology Group , which operates Truth Social, is close to an all-stock acquisition of Bakkt, which is backed by NYSE-owner Intercontinental Exchange. LONDON: Bitcoin‘s march toward $100,000 gathered pace on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a…
Bitcoin rallied past $80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday. Trump vowed on the campaign trail to put the US at the centre of the digital-asset…
NEW DELHI: Working on information shared by the US authorities, Enforcement Directorate on Wednesday arrested Banmeet Singh, an accused in an international drug trafficking network, who was earlier convicted and had served a five-year prison term in the US. He has been remanded to ED custody for seven days by a special court in Dehradun….
Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao, 47, was sentenced Tuesday by US District Judge Richard Jones in Seattle. Dressed in a dark suit with a light blue tie, the billionaire arrived in…
A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies…
The Enforcement Directorate (ED), in a post has announced it will be attaching Raj Kundra and Shilpa Shetty‘s assets to the tune of Rs 97 crore. In a statement on Thursday afternoon, the agency announced its decision to provisionally attach immovable and movable properties belonging to Ripu Sudan Kundra, also known as Raj Kundra, under…
NEW YORK: A US judge on Friday canceled Sam Bankman-Fried‘s bail, citing reasonable suspicion that the charged creator of the insolvent FTX cryptocurrency exchange had attempted to influence witnesses on at least two occasions. The verdict was delivered by US District Judge Lewis Kaplan during a hearing held in a federal court in Manhattan, a…
