Nigerian central bank head criticizes Binance, execs reportedly arrested
Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023.
Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023.
The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison.
A report published in The New York Times claimed SBF is giving investment advice to prison guards, reportedly asking them to invest in Solana.
The IRS will use the funding from the Inflation Reduction Act (IRA), a federal law aimed at curbing inflation, to build compliance in emerging areas, which includes digital assets as a top priority.
The “hacking” OpenAI mentions in the filing could also be called prompt engineering or “red-teaming,” according to The New York Times’ attorney.
The U.S. senator wants crypto and traditional finance to play by the same rules and for tech giants to be barred from developing AI models in a bid to ensure competition.
The island nations have common challenges and widely varying conditions. Just don’t use crypto, the IMF says.
Though potentially facing up to 110 years in prison, Sam Bankman-Fried could be sentenced by Judge Lewis Kaplan to 15–25 years based on his case, according to some lawyers.
Bitfinex tech chief Paolo Ardoino and Blockstream chief Adam Back talked about BTC adoption and asset tokenization in a livestream.
According to the paper, a large, stable foreign CBDC is unlikely to affect the dollar’s utility as a value storage mechanism, but its use as a medium of exchange could be dampened.