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Craig Wright, the Self-Proclaimed Inventor of Bitcoin is 1 STEP AWAY From PRISON – Judge Finds “Malicious” and “Manipulative” Wright in Contempt of Court… | Cryptocurrency News Live | Breaking Crypto News
Craig Wright, the controversial figure who claims to be Bitcoin’s creator, Satoshi Nakamoto, is cracking following the defeat of his landmark case as been handed a suspended prison sentence by a UK court. Wright’s one-year sentence for contempt of court won’t see him behind bars unless he breaches court orders in the next two years….
Ledger CEO admits authorities may have access to private keys
The U.S. government may require Ledger to access users’ cryptocurrency wallet information. Pascal Gauthier, CEO of Ledger, acknowledged that authorities could gain access to the private keys of users’ hardware cryptocurrencies. This applies to those users who use the new Ledger Recovery service. But…
Jump Trading made a billion dollars from supporting TerraUSD
The trading company made a secret deal with Terraform Labs and backed the UST to keep it from deviating from the dollar. In May 2021, U.S. trading company Jump Trading entered into a secret agreement with Do Kwon’s Terraform labs. The agreement was to…
Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’
Vitalik Buterin, co-founder of Ethereum, has disclosed that the Ethereum Foundation is making large leadership changes in its structure. However, Buterin clarified that this does not mean the foundation would change its general ideology or risk losing its position as a neutral platform. Ethereum Foundation Making Changes, but Not Ideological Ones Ethereum seems to be…
Virtune Launches Finland’s First Crypto ETPs on Nasdaq Helsinki
In a recent development, Virtune, a Swedish crypto asset manager, has launched Finland’s first crypto exchange-traded products on Nasdaq Helsinki, making it easier for Finnish investors to invest in crypto directly in euros. The launch includes five different ETPs, all physically backed and fully collateralized, the asset manager noted in a press release. Christopher Kock,…
MGM China Reports Slight Revenue Increase In 4Q21
Macau concessionaire MGM China saw net revenues rise 3% year-on-year and 9% sequentially to HK$2.45 billion (US$315 million) in the three months to 31 December 2021, although Adjusted EBITDA fell 88% to HK$89 million (US$11.4 million) due to a US$23 million bonus reversal in the prior year quarter and a US$13 million increase in bad…