Cointelegraph By Jesse Coghlan
Sam Bankman-Fried will be no match for government prosecutors who will poke holes in his defense when he takes the stand in his criminal trial, says SkyBridge Capital founder Anthony Scaramucci.In an Oct. 25 interview on CNBC’s “Last Call,” Scaramucci said the Department of Justice prosecutors will “point...
Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS).In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million...
Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in early October, says the country’s financial regulator. In an Oct. 25 statement, the U.K. Financial Conduct Authority (FCA) said since the Oct. 8 crypto promotion rules came into...
Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties between FTX and the trading firm.In an Oct. 23 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s...
Crypto investment products have recorded four weeks of inflows, as the market eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States.Asset management firm CoinShares’ Oct. 23 fund flows report revealed $179 million was added to digital asset investment products in...
Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now set to face off against economy minister Sergio Massa in a Nov. 19 run-off vote.On Oct. 23, election results provided by Bloomberg show with over 90%...
Crypto and stock investors have always found interesting and sometimes bizarre ways to “predict” the market's ebbs and flows. Some have suggested that our unconscious minds can predict the stock market through “precognitive dreaming,” while others have recently been turning to the advice of artificial intelligence chatbots. However, in Thailand, there...
Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator. In an Oct. 19 press release, the Federal Communications Commission said it opened up...
Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds to double its computing capacity amid artificial intelligence efforts.Tesla’s Q3 2023 results released on Oct. 18 show as of Sept. 30,...
Artificial intelligence (AI) could be used by pension funds to cut costs, increase investment returns, and highlight possible risks, but there are still “significant challenges to overcome” with its use, said the Mercer CFA Institute global pension report.On Oct. 17, the annual joint report from the consulting firm...
