Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

The International Blockchain Summit

Encryptus CEO Shantnoo Saxsena Urges Crypto Investors to Educate Themselves at IIT Bombay TechFest

1 year ago 1 min read

The International Blockchain Summit was held at the Indian Institute of Technology Bombay (IIT Bombay) from December 16-17, 2022. The event brought together over 10,000 professionals and enthusiasts to discuss the crypto and blockchain ecosystem. Speakers included Shiv Kumar Bhasin, COO and CTO of the National Stock Exchange, Shantnoo Saxsena, CEO of Encryptus, and Mru Patel from My Tokenized Capital. These experts shared their insights on topics such as crypto, the metaverse, and non-fungible tokens (NFTs). The summit also focused on emerging trends in industries such as defense, technology, and machine learning. Mr. Bhasin discussed the implementation of a central

Italy is projected to have a 47.6% growth in its NFT market

Italy Reportedly Leading the Way in the Crypto Art Renaissance

1 year ago 1 min read

Italy is projected to have a 47.6% growth in its non-fungible token (NFT) market by the end of 2022, according to a report by Research and Markets. This would give the Italian NFT market a valuation of around $671 million and a compound annual growth rate of 34.6% over the next five years, with a spending value of $3.6 billion by 2028. The report attributes Italy’s success in the NFT market to its vibrant art and culture scene, with major luxury fashion brands such as Gucci and Dolce & Gabbana leading the adoption of Web3 technologies and generating significant revenue

A JPMorgan senior investment strategist

Institutions and Crypto: JPMorgan Senior Strategist’s Perspective

1 year ago 1 min read

A JPMorgan senior investment strategist has said that institutions are not interested in investing in cryptocurrencies. He argues that the interest in this asset class from institutions is “effectively nonexistent.” The strategist attributes this lack of interest to the high volatility of cryptocurrencies and the lack of an intrinsic return that can be pointed to. He also said that most institutions are relieved that they did not invest in cryptocurrencies during the bull market in 2020 and 2021, due to the subsequent price declines in 2022. JPMorgan has a controversial relationship with the cryptocurrency industry, with some believing that it

Ronnie Abrams Judge

Judge Ronnie Abrams removes herself from the case involving FTX and its former CEO, Sam Bankman-Fried (SBF)

1 year ago 1 min read

A judge, Ronnie Abrams, has removed herself from a case involving FTX, a cryptocurrency exchange, and its former CEO, Sam Bankman-Fried (SBF). The judge made this decision because her husband works at a law firm, Davis Polk & Wardwell, which provided advice to FTX in 2021. The judge’s husband, Greg Andres, is a partner at the law firm and has no involvement in the case, but the judge decided to remove herself from the case to avoid any potential conflict of interest. SBF was recently released on a $250 million bail bond and promised to appear in court for future

OKX crypto exchange

OKX Releases Second Proof-of-Reserves Report

1 year ago 1 min read

Crypto exchange OKX has released its second proof-of-reserves report, following its first report a month ago, in an effort to provide evidence of the safe handling of customer funds in the wake of the collapse of FTX. OKX plans to publish a report for more than 23,000 of its addresses on the 22nd of each month in a bid to increase transparency and trust. he second report, dated December 20, showed a bitcoin reserve ratio of 101% between OKX wallets holding 113,754 bitcoin ($16,850 at the time of writing) and a user balance of 112,192 bitcoin. This is a slight

David Luiz

Brazilian professional football player David Luiz becomes BC.GAME brand ambassador

1 year ago 1 min read

BC.GAME has announced that Brazilian professional football player David Luiz has become its brand ambassador. As part of his role, Luiz will work with BC.GAME to promote the crypto casino and engage with its community through social media and live streaming platforms, including Twitch. The partnership is an opportunity for BC.GAME to grow in the Brazilian market and reach more audiences. BC.GAME recently added sports betting to its gaming portfolio, which is particularly popular in Brazil. The company hopes to attract more Brazilian football fans and sports betting enthusiasts to its platform, including for the 2022 FIFA World Cup. BC.GAME

SBF is now in US custody

Sam Bankman-Fried is now in FBI custody

1 year ago 1 min read

Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, have pleaded guilty to federal charges related to their involvement in a fraud scheme orchestrated by Sam Bankman-Fried, CEO of Alameda Research and founder of FTX. Sam Bankman-Fried is now in FBI custody. Ellison and Wang have also agreed to cooperate with the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in their investigations, which have brought civil charges against the pair. If the settlements are approved, Ellison and Wang will be banned from the “issuance, purchase, offer, or sale of any securities,”

Ripple CEO against Gary Gensler

Ripple Labs CEO criticizes U.S. SEC Chair Gary Gensler for his meetings with former FTX CEO, calling them “shameful.”

1 year ago 1 min read

Ripple Labs CEO Brad Garlinghouse has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler for his meetings with former FTX CEO Sam Bankman-Fried, calling them “shameful.” In response to an opinion piece by the Wall Street Journal, Garlinghouse questioned how Gensler could have been caught off-guard by the FTX collapse, despite meeting with Bankman-Fried multiple times. The SEC sued Ripple in late 2020 for allegedly selling XRP as an unregistered security, but did not launch any investigation into FTX prior to its multi-billion dollar collapse. Bankman-Fried has been accused of and charged with fraud, mishandling customer funds, and

SBF to be extradited to the US

Sam Bankman-Fried (SBF) agrees to be extradited to the US to face criminal charges

1 year ago 1 min read

Sam Bankman-Fried (SBF), the former CEO of FTX, has agreed to be extradited to the United States to face criminal charges, according to his attorney, Jerone Roberts. Roberts stated that SBF has agreed to the voluntary extradition and will complete the process in court later today. It is possible that SBF could be extradited on the same day as his court appearance. The decision to extradite is reportedly motivated by SBF’s desire to “put the customers right.” SBF is facing charges in the US from the Securities and Exchange Commission, the Commodities and Futures Trading Commission, and the Department of

Gemini crypto exchange

Gemini claims that some of its customers have been targeted in phishing campaigns

1 year ago 1 min read

Gemini, a cryptocurrency exchange, has reported that some of its customers have been targeted in phishing campaigns believed to be the result of a third-party vendor. Chinese media outlet Wu Blockchain has reported that up to 5.7 million users were affected, with their email addresses and phone numbers being leaked. However, the company has confirmed that no account information or systems were compromised and that all funds and customer accounts remain secure. It has not identified the responsible party but has provided recommendations for those affected. Phishing attacks involve attackers sending fraudulent messages in an attempt to trick individuals into

Is Binance solvent or insolvent?

Binance CEO says customers crypto assets are backed 1:1

1 year ago 1 min read

In an interview with CNBC, Binance CEO Changpeng ‘CZ’ Zhao defended the cryptocurrency exchange against claims that it is facing a liquidity crunch, stating that customer assets are held one-to-one and that the company is able to cover users’ withdrawals as they come in. Zhao emphasized that the business model of a cryptocurrency exchange is different from that of a traditional bank, which relies on fractional reserves, and that Binance holds user assets one-to-one in order to avoid a situation where there is a lack of liquidity. The exchange has recently seen a significant increase in withdrawals due to concerns

FTX com

A Japanese politician calls for improved regulations to prevent similar situations to FTX from occurring in the future

1 year ago 1 min read

Akihisa Shiozaki, a Japanese lawmaker who played a role in the development of the country’s cryptocurrency regulations, has called for greater transparency in the industry following the collapse of FTX.com. Investors were not warned about the risks associated with the bankrupt exchange’s native cryptocurrency, FTX Token (FTT), by the Japan Virtual and Crypto assets Exchange Association (JVCEA), the self-regulatory body that oversees local crypto exchanges, according to Shiozaki in an interview with Bloomberg. FTX Japan listed FTT and began offering FTT trading pairs on its platform in February 2022 after the token was approved by JVCEA, but the association also

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