Justice Alexandre de Moraes Orders Restoration of X in Brazil Within 24 Hours
Social media platform X is set to be reinstated in Brazil within 24 hours, following an October 8 ruling by Justice Alexandre de Moraes. X was originally suspended on August 30 for failing to comply with court orders tied to an investigation into the spread of misinformation across the country. In his ruling, Justice Moraes […]
Bankruptcy Court Greenlights FTX’s Restructuring Plan
U.S. Bankruptcy Judge John Dorsey has officially signed off on a plan for FTX, the once-prominent cryptocurrency exchange, to wind down its operations and begin compensating its users. During a court session on October 7 in the Delaware Bankruptcy Court, Judge Dorsey gave his approval for FTX’s liquidation strategy. This plan will allow the company […]
Trump Reportedly Considers Robinhood Exec for Top SEC Role
Several former U.S. regulators and securities attorneys have suggested that Dan Gallagher, Robinhood’s chief legal officer, might be in the running to head the Securities and Exchange Commission (SEC) under Donald Trump, should he win the 2024 presidential election. Pro-crypto administration? Gallagher, who previously served as an SEC commissioner from 2011 to 2015, joined Robinhood […]
US Supreme Court Rejects Appeal in $4.4 Billion Silk Road Bitcoin Case
The U.S. Supreme Court has opted not to hear a case involving the ownership of 69,370 Bitcoin, valued at approximately $4.38 billion, which was confiscated by the government from the Silk Road dark web marketplace. The petition was filed by Battle Born Investments, a firm claiming it had acquired the rights to the Bitcoin through […]
UAE Removes VAT on Cryptocurrency Transfers and Conversions
Amendments to the United Arab Emirates’ value-added tax (VAT) regulations will now exempt the transfer and conversion of digital assets, including cryptocurrencies. On October 2, the UAE’s Federal Tax Authority (FTA) introduced changes to the VAT framework. As reported by PwC, a global business consultancy, these updates include VAT exemptions for additional services, such as […]
Trump Surges Ahead on Polymarket Following Key Speech with Elon Musk
Donald Trump is gaining momentum in the presidential race against Kamala Harris, with his odds improving by 3 percentage points on Polymarket, a popular prediction platform. After a high-energy rally in Butler, Pennsylvania, where he appeared alongside tech mogul Elon Musk, Trump’s chances of winning the election now stand at 51%, while Harris is at […]
Bitcoin Remains Top-Performing Asset Despite Sluggish Q3: NYDIG
Bitcoin continues to lead as the top-performing asset of 2024, despite a slower third quarter, according to a report from the New York Digital Investment Group (NYDIG). Though Bitcoin’s growth in Q3 was modest at 2.5%, bouncing back from Q2 losses, it faced pressure from large sales, stated Greg Cipolaro, NYDIG’s head of research, in […]
Who is Len Sassaman, and why does HBO believe he might be Satoshi Nakamoto?
The late computer scientist and advocate for privacy, Len Sassaman, has unexpectedly captured public attention as bettors speculate on the forthcoming HBO documentary that claims to unveil the true identity of Bitcoin’s creator. Regardless of whether he truly was Satoshi Nakamoto, Sassaman was undeniably a fascinating figure. A Troubled Prodigy Details about Leonard Harris Sassaman’s […]
Bitcoin Mined in 2009 Moves Again as ‘Ancient’ Whale Makes New Transfer: Arkham
A notable Bitcoin whale, known for mining BTC during the cryptocurrency’s earliest days, has recently moved a significant amount of Bitcoin to the Kraken exchange, according to a report from blockchain analytics firm Arkham Intelligence. In a post on X on October 4, Arkham highlighted that this particular Bitcoin was mined just one month after […]
Polymarket Predicts Len Sassaman as HBO’s Likely Candidate for Satoshi Nakamoto Unveiling
Polymarket, a decentralized prediction platform, is currently showing Len Sassaman, an American computer scientist, as the leading contender to be unveiled as the legendary Satoshi Nakamoto in an upcoming HBO documentary set to air on Oct. 8. The documentary, titled “Money Electric: The Bitcoin Mystery,” is directed by filmmaker Cullen Hoback. According to recent reports, […]