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” DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones “ The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing made late March 3 shows. According to the proposal submitted to District Judge Lewis Kaplan of the Southern District of…
” Silvergate closes Exchange Network, releases $9.9M to BlockFi “ Crypto bank Silvergate announced on March 3 that it is discontinuing its digital assets’ payment network, claiming the termination is a “risk-based decision”. The move comes after the bank’s stock fell over 59% in the past five days due to fears of a potential bankruptcy. …
” What is the time value of money (TVM)? “ Time value of money, explained The time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power of money, its worth can rise over time…
” Binance launches anti-scam campaign after Hong Kong pilot run “ Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “joint anti-scam campaign” was rolled out first in Hong…
” Uniswap wants to launch mobile wallet but Apple won’t green-light it’s launch “ Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will offer users the ability to swap on L1 or L2 networks without having to switch networks. According to Uniswap Labs, the wallet will allow users to check…
Trump collaborates on song with Jan. 6 defendants Former President Trump is featured on a new song — but he’s not teaming up with a famed singer or musical group for the tune — he’s collaborating with defendants accused of participating in the deadly Jan. 6, 2021, riot at the Capitol. In “Justice for All,” which was…
” Crypto Biz: Did crypto winter scare off Visa and Mastercard? “ Crypto cycles aren’t for the faint-hearted. As the industry continues to evolve from the cypherpunks into the mainstream, we can expect a lot of growing pains. The dumpster fire that was 2022 may have scared off many companies interested in exploring the sector….
” Coinbase announces acquisition of One River Digital Asset Management “ United States-based cryptocurrency exchange Coinbase has acquired cryptocurrency-focused hedge fund One River Digital Asset Management, or ORDAM. In a March 3 blog post, Coinbase said One River Digital will transition to become Coinbase Asset Management, “an independent business and wholly-owned subsidiary” of the crypto…
” Top 7 Wall Street movies you must watch “ Wall Street movies offer insightful perspectives into the worlds of business, finance and power. They also emphasize how vital creativity, risk-taking and tenacity are to success. Viewers can learn more about the financial sector and its effects on society by watching these films. They can…
Democrats brush off Marianne Williamson’s 2024 primary challenge Marianne Williamson’s run for president is being greeted with an eye roll among political strategists and met with radio silence within the White House and Democratic National Committee. Williamson is set to become the first Democrat to challenge President Biden when she launches her 2024 campaign on…