Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
The firm pushed Maple Finance to halt Alameda's dedicated borrower pool earlier this year. Orthogonal Credit, an arm of the...
Year: 2022
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement....
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for...
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted...
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year”...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not...
NFT trademark filings grow in 2022: Nifty Newsletter, Nov. 2–8
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC). In this week’s newsletter, read...
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of...
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging...
MetaMask allows moving tokens on multiple blockchains with new DApp
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said. Blockchain...
The Many Ways to Start a Cryptocurrency Company in Europe
Even if you don’t plan to set up an online presence or sell your virtual products and services, it’s still...
The Latest Updates on Sports Betting Markets in Africa
Even in the most remote and deserted places in Africa, you can still find an empty field with a couple...
Singapore’s Temasek engages with FTX in liquidity crisis
Temasek invested in a series of FTX's round findings that led to its $32 billion valuation in January.
Nexo dodges $219M bullet just days before FTX’s solvency crisis
The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled...
