First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks
1.12.2022
ALSO: Sam Reynolds writes that shipping giant Maersk and IBM's decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’
1.12.2022
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with...
EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'
1.12.2022
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil
LBRY says it ‘will likely be dead’ following SEC loss
1.12.2022
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on
Full Transcript: NY Times' Interview With Sam Bankman-Fried
1.12.2022
The New York Times’ Andrew Ross Sorkin interviewed former FTX CEO Sam Bankman-Fried on Wednesday, Nov. 30, as part of the Times’ DealBook Summit. Here is a rough transcript of that conversation
Axie Infinity is toxic for crypto gaming
1.12.2022
Axie Infinity, like most cryptocurrency games, has provided players with an awful experience
The metaverse is happening without Meta's permission
1.12.2022
Despite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision
Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately
1.12.2022
Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed is “massively amplifying the probability of a severe recession.” Elon Musk...
Former FTX CEO Sam Bankman-Fried: 'I Didn’t Knowingly Commingle Funds'
1.12.2022
In a highly anticipated interview at Wednesday’s Dealbook Summit, Sam Bankman-Fried expressed regret over his exchange's collapse, but clung to the narrative that it was all just a bet gone wrong
Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
30.11.2022
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Huobi, Poloniex announced strategic partnership despite initial denials of a merger
30.11.2022
The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list
Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit
30.11.2022
Sam Bankman-Fried was speaking at the New York Times' DealBook Summit live on Nov. 30