Reading Time: 2 min Sam Bankman-Fried, the founder of the bankrupt cryptocurrency exchange FTX, is on trial for fraud. The trial has drawn attention to the hypocrisy of a 60 Minutes segment that was sympathetic to Bankman-Fried and failed to adequately challenge his claims.
Reading Time: 2 min The launch of the VanEck Ethereum Strategy ETF (EFUT) on October 2, 2023 is a major milestone for the cryptocurrency industry, as it provides investors with a more accessible and regulated way to gain exposure to Ethereum. EFUT is the first US investment manager to bring an Ethereum futures-based ETF to market, and it is expected to pave the way for more cryptocurrency ETFs to be approved by the SEC in the coming months.
The launch of EFUT is also likely to have a positive impact on the price of Ethereum, as it will increase demand for the asset from institutional investors. Additionally, the ETF could help to legitimize Ethereum as an asset class and make it more attractive to mainstream investors.
Reading Time: 2 min BitBoy Crypto, a popular crypto YouTuber, was arrested on September 25, 2023, while attempting to confront his former business partner, Carlos Diaz, at Diaz’s home. Armstrong accused Diaz of stealing his Lamborghini and extorting him. The arrest came after a series of escalating events between Armstrong and Diaz, including Armstrong’s ouster from the BitBoy Crypto media company. It is unclear what will happen next in this saga, but it is clear that Armstrong has fallen from grace in the crypto community.
Reading Time: 3 min Bybit World Series of Trading (WSOT) is a global crypto trading competition that is held annually. The competition is open to all traders, regardless of their experience level.
The WSOT offers a variety of prizes, including a grand prize of 8,000,000 USDT. To participate in the WSOT, traders must create an account on Bybit and deposit at least 500 USDT.
Reading Time: 2 min We Bought $100 of Every Coin Listed by Bybit in the Month of JulyIn July 2023, Bybit listed four new cryptocurrencies: Pepe 2.0 (PEPE2.0), EGO (EGO), Metatime Coin (MTC), and TomTomCoin (TTC). We decided to buy $100 worth of each coin to see how they would perform over the month.
