Author: Opeyemi Sule

Hodlnaut Refuses OPNX’s $30 Million Offer After FLEX Token Declines By 90%

News BTC

According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows Capital (3AC), offered to Read More

Thailand Targets Crypto Traders With New Tax Policy | Bitcoinist.com

Bitcoinist

Thailand’s Revenue Department has unveiled its plans to impose personal income tax on the foreign earnings of residents. According to reports, this proposed tax policy has specific targets in the population, including crypto traders who reside in the Southeast Asian Read More

Sam Bankman-Fried Trial: Prosecutors Slam Proposed Questions For Jury Selection | Bitcoinist.com

Bitcoinist

Prosecutors in the case against the former CEO of the now-defunct FTX exchange, Sam Bankman-Fried (SBF), have pushed back against the defense’s suggested questions for jury selection. The co-founder faces seven counts of fraud-related offenses, including wire fraud of FTX Read More

SEC Vs. Ripple: Commission Urges Court To Grant Appeal Request In Latest Filing | Bitcoinist.com

Bitcoinist

The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform Read More

Donald Trump NFTs See Spike In Trading Activity Following An ‘Eventful’ Week | Bitcoinist.com

Bitcoinist

The Trump Digital Trading Cards, a non-fungible token (NFT) collection featuring illustrations of Donald Trump, experienced a surge in price and trading volume following a week many would refer to as “eventful” in the US political landscape.  This spike in Read More

Friend.tech Frenzy: MEV Bots Pocket Over $2 Million On Platform By Sniping “Keys” | Bitcoinist.com

Bitcoinist

Barely two weeks after going live on the Base network, Friend.tech has grabbed the attention of the cryptocurrency space. At the same time, the decentralized social media platform has gained interest from numerous maximal extractable value (MEV) bot deployers.  According Read More

Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon? | Bitcoinist.com

Bitcoinist

Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre Read More

BREAKING: FTX’s Sam Bankman-Fried Pleads “Not Guilty” In Latest Hearing | Bitcoinist.com

Bitcoinist

According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance Read More

Base Again? DeFi Protocol Disappears With $460,000 In Rug Pull | Bitcoinist.com

Bitcoinist

SwirlLend, a lending protocol based on Layer 2 networks Base and Linea, has seemingly executed a rug pull, disappearing with an estimated $460,000 in user funds. According to reports, the project developer drained $290,000 from Base and $170,000 from Linea. Read More