SBF’s legal battle still has “a lot to play out,” according to legal commentators

Sam Bankman-Fried, former FTX CEO, faces eight accusations and could get 115 years in jail, but there is a “lot to play out” until he gets a final sentence over the coming months or even years, legal commentators told Cointelegraph.  “It is difficult to say at this stage what the likely outcome will be, but …

‘Big Time’ and other Web3 games take home the gold at the inaugural GAM3 awards

The Web3 gaming awards event, the GAM3 Awards, hosted by Polkastarter Gaming, has announced 16 winners at a live event on December 15.  According to an announcement shared with Cointelegraph, prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, Ultra, Naavik, Galxe, Hacken, Venly, …

Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin

Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder and chairman Chance Barnett told Cointelegraph.  Called Jewel USD (JUSD), the first stablecoin to be released in the territory is powered by the Polygon blockchain, enabling transactions between wallets …

Ethereum (ETH), Gold and Stocks All Positioned for Rallies, Says Macro Guru Raoul Pal

Former Goldman Sachs executive Raoul Pal says gold, stocks and Ethereum (ETH) are all showing patterns signaling big rallies are coming. The macro guru tells his 991,200 Twitter followers that the precious metal is forming an inverse head and shoulders (H&S) chart, indicating an imminent upward swing. “Lots of interesting market structures here, not only …

B2Broker Updates Its Institutional Liquidity Offer for Brokers

Following a series of enhancements in its liquidity and technology solutions, B2Broker, a leading liquidity provider for the global trading industry, has just launched a new set of institutional liquidity offer conditions. There are significant reductions in volume fees and significantly lowered entry barriers under the new commercials. In the announcement, the new deal is …

US Trustee names Wintermute on creditor committee in FTX bankruptcy case

A United States Trustee has announced nine creditors to the committee responsible for part of crypto exchange FTX’s bankruptcy proceedings. According to court documents filed Dec. 15, U.S. Trustee Andrew Vara named crypto market maker Wintermute Asia among those on the ‘Committee of Unsecured Creditors’. Other creditors included individual investors, crypto hedge fund Coincident Capital, …

How to Choose a Binary Options Broker – The Essentials

Choosing a binary options broker can be a daunting task, especially if you are new to the world of online cryptocurrency trading. There are so many different brokers out there, all offering different services and products, that it can be difficult to know where to start. For instance, if you would compare Deriv payment methods …

FTX Creditors Committee Appointed, Includes Crypto Market Maker Wintermute And GGC

Summary: Cryptocurrency market maker Wintermute was appointed to the committee for unsecured FTX creditors. Wintermute and eight other members form the committee, according to a court document seen by EthereumWorldNews. Sam Bankman-Fried’s crypto exchange filed for Chapter 11 bankruptcy in the U.S. on November 11, 2022.  Crypto market maker Wintermute was appointed to the unsecured …

Big Time wins Game of the Year at 2022 Gam3 Awards

Other winners include The Harvest for Game’s Choice Award, Thetan Arena for Best Mobile Game and many more 2 min read Updated: December 15, 2022 at 5:23 pm Cover art/illustration via CryptoSlate Big Time has won the prestigious Game of the Year title at the Polkastarter Gaming GAM3 Awards 2022. The action-adventure game from Open …

Former US President Donald Trump launches NFT collection

Former US President Donald Trump brings his first NFT collection, known as Collect Trump Cards.  Jesus Christ there’s a commercial for it. 🤦‍♂️ pic.twitter.com/aNOSlq7mX2 — Autism Capital 🧩 (@AutismCapital) December 15, 2022 According to the official website, each NFT costs $99 and is designed by illustrator Clark Mitchell. Additionally, these Trump Digital Trading Cards are …

New York authority lays out conditions for banks to offer crypto-related services

The New York Department of Financial Services (DFS) has released a guideline mandating banking institutions to seek regulatory permission at least 90 days before offering crypto-related services. The guideline released on Dec. 15 by the DFS Superintendent Adrienne Harris stated that New York-regulated banks must seek approval from the Department before engaging in crypto-related services, …

Stellar Development Foundation, International Rescue Committee pilot blockchain-powered aid system in Ukraine

The International Rescue Committee (IRC) and the Stellar Development Foundation (SDF) have partnered to pilot a blockchain-powered cash disbursement system in Ukraine. The pilot, called Stellar Aid Assist, uses the Stellar blockchain to deliver relief funds to individuals in crisis using USD Coin (USDC). The system allows users to receive, store, and transport funds securely, …

SBF spent first night in prison in ‘good spirits’

FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits,” the Nassau Guardian reported, citing Bahamas Acting Commissioner of Corrections Doan Cleare. The acting commissioner said SBF was spending his time in the prison’s sick bay and was receiving his medications on time. “He is with five other inmates in a dorm-style …

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