The former CEO of FTX Sam Bankman-Fried pleaded not guilty to all eight counts of federal charges in New York on the 3rd of January. All eight charges were related to the collapse of the now-bankrupt crypto company FTX and hedge fund Alameda Research.
Australian city of Coolangatta announced the launch of its first Bitcoin ATM integrated with Lightning Network capabilities. The new Bitcoin ATM in Coolangatta has been installed at The Strand shopping center and is available for public use.
According to Arcane Research, Binance is the clear winner among crypto exchanges considering performance in 2022. An Arcane January 3rd report highlighted the Changpeng Zhao-led platform soared due to a favorable combination of factors.
Mortgage demand in the US ended 2022 down 13.2%, with interest rates on the rise. Following a brief lull in the first half of December last year, mortgage application volume sank substantially at the end of last week.
Dubai has announced that it is scrapping its 30% tax on alcohol sales for the rest of 2023. This is the municipality’s latest step towards strengthening the tourism sector and attracting foreign residents through policy changes.
