Tag: Case

Donald Trump NFT prices spike following release of mugshot in Georgia criminal case

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The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from NFT marketplace OpenSea, the floor price of Trump’s line of digital trading cards first released in December 2022 increased more than 62% from 0.138 to 0.224 Ether (ETH) on Aug. 24 shortly after the former president’s mugshot became public. The…

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SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case

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Top Stories This Week Judge revokes Sam Bankman-Fried’s bail, remands him to custody FTX’s former CEO, Sam “SBF” Bankman-Fried, had his bail revoked by a federal judge in response to the release of information to The New York Times allegedly intended to intimidate witnesses. During a hearing on Aug. 11, Judge Lewis Kaplan revoked Bankman-Fried’s bail and remanded him to custody, likely at the Putnam County Correctional Facility. Once his October trial begins, he could be moved to the Metropolitan Detention Center in Brooklyn. Bankman-Fried was reportedly led out of…

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Should you ‘orange pill’ children? The case for Bitcoin kids books – Cointelegraph Magazine

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“Any kid who doesn’t learn something about Bitcoin is missing out,” says Bitcoin advocate Ben De Waal. De Waal explains that his 12-year-old daughter Samantha has already convinced “a couple” of her schoolmates and a teacher to hop on the Bitcoin bandwagon, though she’s not attempting to “orange pill the entire school”… yet. Ben De Waal. (Supplied) Thanks to her upbringing in a “Bitcoin family” that has largely abandoned fiat currency, Sam is now a Bitcoin ambassador wunderkind nicknamed The Bitcoin Kid. De Waal himself discovered Bitcoin “around 2010” and…

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Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse

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Ripple CEO Brad Garlinghouse has warned that as Ripple’s legal battle against the United States Securities and Exchange Commission (SEC) is coming “to a close,” it is only the beginning of a larger battle for the industry and the fight for regulatory clarity “has to continue.“ After the Hinman Documents were unsealed on June 13 as part of the ongoing lawsuit between Ripple and the SEC, Garlinghouse published a video on Twitter discussing the lawsuit’s timeline and expressing his frustration with the agency. In June 17 video, Garlinghouse said the Hinman…

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The Business Case For Implementing Bitcoin’s Lightning Network

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This is an opinion editorial by Matt Maraia, a CPA focused on how changes to accounting regulations impact the Bitcoin community. Today, companies spend egregious amounts of money on credit card fees when processing customer payments, ultimately cutting into margins that are widely scrutinized by investors and management alike. But the Lightning Network presents a new payment solution with the ability to process instantaneous payments (using Bitcoin) for virtually no fees. It boasts equivalent decentralized safeguards to the Bitcoin network, ultimately using Bitcoin’s blockchain, which has not been hacked since…

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