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's volatility is a measurement of how much Bitcoin's price fluctuates, relative to the average price in a given time period.
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In this insightful video, Samson Mow discusses the current state of Bitcoin and its evolving role in the global financial landscape.