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Wednesday, March 11, 2026
CryptoCentralized.com
  • Home
  • Crypto News
    Cardano Taps LayerZero to Access $80B in Omnichain Liquidity

    Cardano at Inflection Point; Hoskinson Calls for Expansion

    Aave Labs Debuts Two-Part Licensing for Aave V4 Repositories

    Aave Labs Debuts Two-Part Licensing for Aave V4 Repositories

    XRP ETFs See Just Nine Red Days Since Launch

    XRP ETFs See Just Nine Red Days Since Launch

    Chainlink Powers Faster Prediction Markets on Polymarket

    Chainlink Expands on Solana With Jupiter Integration

    Zcash Wallet Zashi Rebrands to Zodl After ECC Split

    ZEC Jumps as Largest Zcash-Focused Funding Round Closes

    TRON Targets AI Infrastructure as Top Priority for 2026

    TRON Teams Up With Circle in Linux Foundation AI Initiative

    Solana Powers First Insurance Settlement Using Stablecoins

    Solana Powers First Insurance Settlement Using Stablecoins

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

  • Bitcoin
    What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

    What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

    Bitcoin Down 44% From Its Peak, But Bitwise Still Sees A Path To $1 Million

    Bitcoin Down 44% From Its Peak, But Bitwise Still Sees A Path To $1 Million

    Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why

    Ethereum Price To Rally 928%? Why $10,000 Isn’t The Real ATH Target

    XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026

    XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026

    Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When

    Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When

    Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

    Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

    TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

    TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

    Exchange Transactions Fall To Historic Lows

    Exchange Transactions Fall To Historic Lows

    Bitcoin Hits Range Highs: Rejection Could Send Price Toward $62,800

    Bitcoin Hits Range Highs: Rejection Could Send Price Toward $62,800

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

  • Regulation
    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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  • Home
  • Crypto News
    Cardano Taps LayerZero to Access $80B in Omnichain Liquidity

    Cardano at Inflection Point; Hoskinson Calls for Expansion

    Aave Labs Debuts Two-Part Licensing for Aave V4 Repositories

    Aave Labs Debuts Two-Part Licensing for Aave V4 Repositories

    XRP ETFs See Just Nine Red Days Since Launch

    XRP ETFs See Just Nine Red Days Since Launch

    Chainlink Powers Faster Prediction Markets on Polymarket

    Chainlink Expands on Solana With Jupiter Integration

    Zcash Wallet Zashi Rebrands to Zodl After ECC Split

    ZEC Jumps as Largest Zcash-Focused Funding Round Closes

    TRON Targets AI Infrastructure as Top Priority for 2026

    TRON Teams Up With Circle in Linux Foundation AI Initiative

    Solana Powers First Insurance Settlement Using Stablecoins

    Solana Powers First Insurance Settlement Using Stablecoins

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

  • Bitcoin
    What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

    What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

    Bitcoin Down 44% From Its Peak, But Bitwise Still Sees A Path To $1 Million

    Bitcoin Down 44% From Its Peak, But Bitwise Still Sees A Path To $1 Million

    Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why

    Ethereum Price To Rally 928%? Why $10,000 Isn’t The Real ATH Target

    XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026

    XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026

    Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When

    Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When

    Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

    Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

    TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

    TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

    Exchange Transactions Fall To Historic Lows

    Exchange Transactions Fall To Historic Lows

    Bitcoin Hits Range Highs: Rejection Could Send Price Toward $62,800

    Bitcoin Hits Range Highs: Rejection Could Send Price Toward $62,800

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

  • Regulation
    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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Bankman-Fried ready to “face the music”

December 18, 2022
in Blockchain
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According to a prison official who regularly interacts with him, Sam Bankman-Fried, the disgraced and indicted former cryptocurrency executive, spends his days in a Bahamian jail watching movies and reading news articles about himself while holding out a glimmer of hope that he will be granted bail and soon depart.

According to the official, Bankman-Fried may decide to stop fighting extradition and allow himself to be brought to the United States to face charges soon.

The official, who spoke on the condition of anonymity because they were not authorized to speak to the media, said that Bankman-Fried, who arrived at the prison known as Fox Hill days ago, is still in “good spirits” and has expressed confidence that his lawyers will successfully persuade a judge to grant him bail after their initial attempt failed.

Bankman-Fried told the official on Friday morning that if the attorneys’ efforts failed, he would then give up his right to contest extradition and return to the United States to “face the music.”

The former FTX executive is anticipated to show up in court on Monday for a hearing to change his mind about opposing extradition, according to Reuters’ report on Saturday night.

The young ex-billionaire, who has kept to himself and appeared “awfully scared” during his first days at the prison, was described by the official as “a little arrogant,” but overall “a nice guy.” When the other men in the same room made light of the fact that he was making so much money, he refused to laugh.

The official questioned Bankman-Fried earlier this week as he was watching a local TV news report about himself. The official remembered him saying calmly, “I’ll deal with it. It’s OK,” in response.

An inquiry for comment was not immediately answered by Bankman-Fried’s attorneys.

From hero to zero

Since his arrest, Bankman-Fried’s life has dramatically changed. He ran one of the most well-known crypto currency exchanges in the world from a $30 million penthouse he shared with his closest friends up until last week. His move to a prison known for its filthy conditions and extreme overcrowding underscores his precipitous fall from grace as American regulators and prosecutors announce a slew of charges against him.

The former CEO of FTX may be moved from the sick bay, which is noticeably nicer than the rest of the facility and has amenities like air conditioning and proper beds, to a prison cell without running water or even a toilet as he awaits his new bail hearing on January 17.

While his extradition trial is scheduled to start on February 8, he has the option to accept extradition at any time and request an early return to the United States.

The only prison in the nation, known as Fox Hill, was established in 1952 and has a long history of inmate complaints that have been supported by expert witnesses and legal records. With little to no access to running water, inmates are frequently made to urinate in buckets or plastic bags. Many people who sleep on the ground get bed sores.

Prison tour today.

Check out @GuardianNassau for full tour video in a bit. pic.twitter.com/oGQnFetjcv

— Jasper Williams-Ward (@jasperward94) November 28, 2022

Box-spring beds

According to Doan Cleare, acting commissioner of corrections at the Bahamas Department of Correctional Services, Bankman-Fried is currently staying in the sick bay of the maximum-security block with five other men while he undergoes a medical evaluation.

Cleare added that his department is responding to complaints about the poor conditions but declined to say where else in the facility he would be transferred to or when that might happen.

He said on Saturday that the department has made “tremendous strides in upgrades” and that it will soon spend $1 million on plumbing fixtures in the remand center. “This new administration is addressing all matters of concern,” he said.

The facility is divided into sections for violent and nonviolent offenders, but due to understaffing or attempts to prevent fights between rival gangs, these populations are frequently arbitrarily mixed, according to Christina Galanos, a local criminal lawyer. She added that Bankman-Fried would likely be transferred to the remand center, which houses defendants who have been arraigned but have not yet been tried.

However, according to the prison official, Bankman-Fried could also be moved to a newly renovated block located in the maximum-security area. For safety reasons, it isolates inmates from the general population and houses them in separate cells.

In the majority of the prison, inmates are allowed to exercise outside for an hour each day. But due to staffing issues, overcrowding, and an increase in gang fights, Galanos said that they frequently go days or even weeks without being allowed outside.

The circumstances for sleeping are not much better. According to Galanos, who frequently visits the prison and has represented over 100 clients imprisoned there, inmates frequently sleep on sheets placed on top of cardboard on the floor and many have complained of bedsores, hives, and generalized body pain. The majority of the building lacks plumbing, and there is no access to clean drinking water, she continued.

The US State Department’s 2021 human rights report on the Bahamas revealed that rats, maggots, and insects were also present in the cells. Despite being designed to house 1,000 inmates, the facility currently houses 1,617.

The conditions are “inhumane,” according to Cary Allen Chappell, an American who spent more than two months there earlier this year after being accused of numerous violations involving firearms and ammunition, he said in an interview.

Chappell remembered that for a while, the man only consumed bread and water for four or five days while sleeping on concrete floors. He occasionally got sick, but despite numerous requests to see a doctor, he was never given medical care. He claimed that he lost 30 pounds during this time.

It wasn’t much better in the remand facility, where Chappell was held for 45 days in a cell with four other prisoners. They would all urinate in a sink without running water and flush their waste with their personal water jugs. Chappell had a mattress, he said, but it was infested with bed bugs.

He recalls that, about three times a week, inmates were only permitted to spend 20 to 30 minutes in the courtyard, though this could have changed depending on the section he was staying in. He claimed that the isolation, lack of entertainment, lack of natural light, and generally appalling conditions drove him into a severe psychological state.

He admitted,

I was suicidal a lot of the time. You just sat there the whole day worrying about your problems

–Chappell

Vegan Options

Commissioner Cleare stated that while the crypto tycoon is on remand, “no special treatment than any other inmate” will be provided, according to comments made to the local Eyewitness News website.

Inmates rarely spend more than a few days in the sick bay unless they have a “serious medical condition,” according to the lawyer Galanos. However, in light of Bankman-Fried’s notoriety, officials might choose to keep him there in order to keep him isolated from the general populace.

Galanos continued,

Someone might annoy, threaten, or harm him, and if he dies, it would be a scandal. Nobody desires that.

Bankman-Fried’s attorneys argued for his release on bail during his initial bail hearing last Tuesday on the grounds that he has special needs as a vegan and has battled depression, insomnia, and ADHD for more than ten years.

Cleare responded that Bankman-Fried’s family would be contacted to bring him food and to accommodate his “severe, strict diet” while a prison doctor would decide on a diet plan for him.

According to the prison official, Bankman-Fried is currently enjoying a luxury that few other prisoners enjoy: vegan food.

Valentino Bethel, a current prisoner at Fox Hill, had no such choices when he sued the Bahamas Department of Corrections in the Supreme Court last year for violating his constitutional rights and subjecting him to “inhumane treatment.” He was housed with four other prisoners in a 6-by-9-foot cell with no mattresses. He lost more than 30 pounds as a result of his poor diet, which included a dearth of fruits and vegetables, according to court records.

There is no lighting in the infested cells, and there is no plumbing or running water for sanitization. Cells flood as a result of a roof leak. Prisoners are required to urinate into bottles and place the bottles in a cell corner. The claim asserted that prisoners urinate in plastic bags before emptying them directly into buckets or barter.

According to the lawsuit, Bethel claimed that inmates were only given windows of 15 to 20 minutes, twice a week, when they could choose to shower, exercise, or visit the barbershop, despite the fact that prison regulations require inmates to do both daily.

Earlier this year, the court dismissed the claim on the grounds that Bethel had bypassed several lower tribunals and directed him to file a complaint with the Correctional Services Review instead.

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