Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Prosecutors reported that they successfully resolved the majority of Bankman-Fried's laptop problems with assistance from the defense earlier this week. Meanwhile, the defense remains steadfast in their pursuit of a "temporary release."
Bitcoin is a cryptocurrency, an electronic version of money that verifies transactions using cryptography (the science of encoding and decoding inf...Read more
Ethereum is an open-source, decentralized computing platform network. The Ethereum network works like the Bitcoin network in that it's built on blo...Read more
Privacy coins are cryptocurrencies that obscure transactions on their blockchain to maintain the anonymity of users and their activity. Participant...Read more
A crypto wallet is a software program or physical device that allows you to store your crypto and allow for the sending and receiving of crypto tra...Read more
Hash rate is a measure of the total computational power being used by a proof-of-work cryptocurrency network to process transactions in a blockchai...Read more
Yield farming is a means of earning interest on your cryptocurrency, similar to how you'd earn interest on any money in your savings account. And s...Read more
Crypto staking is similar to depositing money in a bank, in that an investor locks up their assets, and in exchange, earns rewards, or "interest."...Read more
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