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In anticipation of the verdict of Sam Bankman-Fried (SBF), scheduled for March 28, 2024, the crypto community is abuzz, sharing their opinions on the trial of the disgraced founder of FTX, a defunct crypto exchange. The crypto markets fell after the verdict. However, losses were largely contained. Bitcoin (BTC), which has surged more than 100% this year following the $1.5 trillion digital asset crash in 2022, fell about 1% to $34,416 at the time of writing. You might also like: Lawyer expects around 20 years of jail time for Sam Bankman-Fried Bloomberg journalists commented on the court’s decisions, asking the question: what will happen next to crypto currency? Experts interviewed by the publication believe that the court’s decision points to the end of an era of risky and illegal practices and to a more regulated future with greater adoption of digital assets and blockchain technology. Brian Mosoff, chief executive officer of Ether Capital Corp., said the ...

The Bitcoin community continues to develop tools and services that could be helpful as Europe grapples with conflict, migration and government overreach. The Bitcoin (BTC) community in Europe continues to be a voice to combat vexing social problems affecting the continent, according to podcast host Eric Dale. The CEO of Northern Lightning conferences, which hosts a number of Bitcoin events across Europe, believes the continent’s Bitcoin community is fostering ideals that will be crucial to address ongoing conflict situations and social issues. Cointelegraph’s Joe Hall alongside Northern Lightning founder Eric Dale at BTC Prague. Speaking to Cointelegraph journalist Joe Hall during BTC Prague in Czech Republic, Dale highlighted Bitcoin’s unique position to combat social and economic injustice in Europe given the plethora of startups and companies building various tools for the preeminent cryptocurrency: “Europe is a continent that faces challenges of war, of migration, of government ov...

2022 was undoubtedly one of the most turbulent years in the history of crypto. A disastrous streak started by Terra ended with the downfall of Digital Currency Group or DCG. While these are separate entities, they were conjectured to have influenced each other. Similar theories followed suit. Now, the founder of the first company that toppled due to Terra’s collapse, 3AC’s Su Zhu has come up with his own theory. Genesis Trading, a DCG subsidiary, was severely affected by FTX ’s demise. Su Zhu accused DCG of working with FTX in the midst of the company’s dispute with cryptocurrency exchange Gemini. In a series of tweets, the 3AC co- founder suggested that DCG could have been responsible for Terra and Steth’s demise while on the run. Zhu further noted that both FTX and DCG made “a fair bit” by attacking Terra . Following this, DCG took a hit after 3AC’s bankruptcy as well as Babel’s plummet. Zhu said that DCG should have...