Bahamas

Bahamian authorities have arrested Sam Bankman-Fried, the founder and ex-CEO of cryptocurrency exchange FTX, after the U.S. filed criminal charges.

Chub Cay, an island in the Bahamas, is actively looking for a Lightning Network wallet provider to launch a bitcoin standard to pioneer financial inclusion.

Tether stated that Deltec accepted it as a client after a “due diligence review” was carried out, which included an assessment of the company’s ability to maintain its $1 peg, which slipped last month.

At the crux of PO8 is the establishment of a complementary fix for archaeologists, academics and commercial interests who all have a stake in the salvage industry.