A furious judge and ‘damning’ testimonies: A firsthand account of the SBF trial

It looks like the prosecution is almost done presenting its case in Bankman-Fried’s criminal trial, Blockworks reporter Casey Wagner says.

A few days break in court proceedings could be good news for the defense, she says, giving them extra time to prepare their arguments. “The government’s expected to rest next Thursday morning and the defense will start that afternoon,” she explains. 

On the Empire podcast (Spotify/Apple), Wagner says that “anecdotally,” it appears likely to her that Bankman-Fried will take the stand in his defense. “Personally I hope he does,” she says. “I think it would be great to watch, but we’ll have to see.”

Judge Kaplan not happy

Wagner…

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Bukele Likely To Step Down As President To Seek A Second Term

In recent weeks, the Salvadoran media has been abuzz with speculation that Bitcoin Country President Nayib Bukele will step down from his current role to pursue a second term in office. This move hinges on obtaining a special license from the Salvadoran Legislative Assembly, a process that requires three-quarters approval from the body. Previously, it was widely believed that Salvadoran presidents were limited to a single five-year term. However, a landmark Supreme Court ruling has opened the door to the possibility of a second term, provided the incumbent steps down at least six months before the next presidential term commences on June 1, 2024.

The Constitutional Framework

The Supreme…

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Meet Pierce Crosby Of TradingView: Building A Full Stack Solution For Traders

Pierce Crosby is the General Manager at TradingView, a popular platform for financial charts, ideas, and overall market analysis.

Crosby is among the industry leaders gathering at Benzinga’s Fintech Deal Day event in New York City on Nov. 13, participating in a panel titled “From Trading Floors to Digital Screens: The Transformation of Trading.”

After obtaining a Bachelor’s degree at the University of California and a Master’s degree from Columbia University, Crosby started his career as a reporter at Reuters before a 5-year tenure at StockTwits. After joining TradingView in 2019, he helped establish and grow the platform’s presence in North America.

TradingView is a platform that offers…

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Bitcoin Spark To List On XT.com Exchange This November

New and hyped altcoins offer lucrative opportunities for investors, and seeing them listed on a reputable crypto exchange can often be a sign of success.

The listing of a new altcoin on a major exchange can often lead to a surge in its price. This is because the listing increases the coin’s exposure and accessibility, making it easier for investors to buy and sell the asset. Additionally, being listed on an exchange adds a layer of credibility to the altcoin, indicating that it has met certain standards and has the potential to be a stable investment. Crypto analysts expect exactly that to happen with BTCS.

BTCS To List on XT.com Crypto Exchange

In the ever-expanding world of…

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Was Hal Finney “Satoshi”? Jameson Lopp Argues Otherwise

During a speech at the Plan B Forum in Lugano, Switzerland, Jameson Lopp, the co-founder and CTO of CASA, expressed skepticism regarding the widely held connection between the renowned cryptographer Hal Finney and Satoshi Nakamoto. Notably, Finney, who passed away in 2014, is believed to be the enigmatic Satoshi Nakamoto, the creator of Bitcoin.

Lopp acknowledged Finney’s significant contributions to the world of Bitcoin, notably being the first person, besides Satoshi Nakamoto, to download and run the Bitcoin software. However, CASA CTO presented compelling evidence suggesting that Finney may not have been the mastermind behind the Satoshi persona.

Related reading: The…

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Magic Eden Pauses BRC-20 Trading as Ordinals Usage Nosedives

Leading non-fungible token marketplace Magic Eden announced on October 22 that it would pause trading of BRC-20 tokens. The firm called this a precautionary measure to protect its users while a complete consensus on Ordinals Inscriptions is reached.

We’ve temporarily paused BRC-20 trading to best protect users until full ord consensus across all BRC-20All other trading remains live on Magic Eden in the meantime!

— Magic Eden on Bitcoin (@MEonBTC) October 22, 2023

Upgrades Pushed Miners’ Revenue to Record Highs

The usage of the Bitcoin BRC-20 protocol and Ordinals Inscriptions surged to record highs when they were introduced, but now the situation has made a 180-degree…

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Reddit removes moderators involved in alleged insider trading of Moon tokens

Reddit’s r/Cryptocurrency community has fired two moderators who were found to be involved in insider trading of the Moon token, Cointelegraph has confirmed.

As Cointelegraph reported on Oct. 20, at least three wallets linked to Reddit group moderators dumped hundreds of thousands of dollars worth of Moon tokens on Oct. 18, just minutes before the official announcement of the closure of the blockchain-based points program that involved the use of certain cryptocurrencies native to each community. The market dump by the three wallets was highlighted by on-chain analysis accounts on X (formerly Twitter) such as Lookonchain.

1/ Three @CCMOD_ moderators dumped $MOON in advance via #inside…

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Worldcoin rotates reward token scheme

Crypto-based digital identity provider Worldcoin will transition operator rewards from USDC stablecoins to its WLD tokens starting next month.

Worldcoin had used USDC-based rewards as a temporary measure following its launch, a phase that’s now concluding. 

Issuing operator rewards in WLD will add to the increasing circulation of its native token.

The WLD token debuted with a modest circulating supply of slightly over 100 million WLD, the team said in a blog on Sunday. Its max supply is 100 times higher at 10 billion.

“This was due to the goal of creating a network of as many human beings as possible. To achieve this, the majority of the WLD token supply will be given to new and…

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Rich Dad, Poor Dad Author: 'Next Stop' for Bitcoin Price $130,000

Renowned financial educator and author of the best-selling book “Rich Dad Poor Dad,” Robert Kiyosaki, has once again made a bold prediction regarding the future of Bitcoin, suggesting that the cryptocurrency’s price is on a trajectory to reach $130,000. 

Kiyosaki’s pronouncement comes amid his growing concerns about inflation and a shifting global economic landscape.

In a recent tweet, Kiyosaki shared his insights on various assets, including Bitcoin, gold, and silver. He started by forecasting a bullish future for gold, stating, “Gold will soon break through $2,100 and then take off.”

Kiyosaki’s optimism about gold stems from the precious metal’s historical role as a hedge against…

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MetaMask security partner Blockaid secures $33M funding

Blockaid, a blockchain security startup and partner of the MetaMask cryptocurrency wallet, has secured $33 million funding to scale its technology designed to stop malicious transactions.

The Series A funding round for Blockaid was led by major industry venture capital firms, including Coinbase investor Ribbit Capital and the early-stage VC firm Variant. Other funding members included Sequoia Capital, Cyberstarts and Greylock Partners.

Announcing the news on Oct. 23, Blockaid also said its security platform is coming out of stealth with its inaugural customers like MetaMask, the OpenSea marketplace, the Rainbow wallet and the Zerion wallet. The startup has formed a strategic alliance…

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