Breaking: Crypto lender Genesis Global halts withdrawals
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust. According to a new tweet...
Month: November 2022
Abu Dhabi grants Binance financial services permission, economist hits out
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of...
How are ‘lite’ versions of crypto apps helping adoption?
Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem. Companies...
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. Matter Labs,...
Tim Draper still positive on $250K Bitcoin price prediction in 2023
The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized and...
US national crypto laws should look like New York’s, says state regulator
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal...
FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed...
FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club...
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of...
US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an...
UAE regulator adopts blockchain to speed up commercial judgments
ADGM Courts aims to "massively transform the delivery of judicial services," said CEO Linda Fitz-Alan while introducing blockchain technology for...
Solana entities sold 50M tokens to FTX — How long will SOL price suffer?
Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up...
FTX downfall was a turning point for citizen journalism: Coinbase CEO
Brian Armstrong, the CEO of Coinbase has applauded the efforts of crypto analysts and citizen journalists amid the fall of...
FTX bankruptcy filing speculates over 1M creditors
In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than...
