XRP’s Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

XRP temporarily surged to $50 on crypto exchange Gemini, which rocketed the token’s market capitalization to trillions of dollars if only for a few minutes. Prices shot up to those levels for a few minutes at 20:30 UTC on Thursday before immediately reverting to parity with the spot markets on other exchanges. The bump, which … Read more

Sam Bankman-Fried Jailed Ahead of Trial

A judge revoked FTX founder Sam Bankman-Fried’s bond Friday, sending him to jail ahead of his trial in October. Bankman-Fried faces seven different charges tied to the collapse of FTX, including wire, commodities and securities fraud. NEW YORK — FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial on multiple financial … Read more