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Senate FTX hearing: calls for regulation and crypto criticisms aplenty

14.12.2022
"Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped," said Senator Pat T

Will FTX’s ill wind reach the Global South? Maybe not

14.12.2022
In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth

Crypto blame game back on US Senators' menu following SBF arrest

14.12.2022
While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community's contribution to uncovering the supposed FTX fraud

White House silent on whether it will return $5.2M in donations from SBF

14.12.2022
A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF

FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'

13.12.2022
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence

Biggest Movers: AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data

13.12.2022
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also...

Crypto hotspots continue to thrive despite FTX collapse

13.12.2022
Crypto-friendly cities throughout the world report growth and innovation despite recent events

Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300

13.12.2022
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared...

Bahamas reportedly asked SBF to mint new coin after FTX collapse

13.12.2022
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas

SEC charges FTX CEO SBF for defrauding investors a day after his arrest

13.12.2022
SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers' funds

Breaking: Sam Bankman-Fried Arrested in The Bahamas Following Formal Notification by United States

13.12.2022
Sam Bankman-Fried, the disgraced founder of the now-bankrupt crypto exchange FTX, has been arrested in the Bahamas after US prosecutors formally filed criminal charges against him. According to a statement from the government of the Bahamas, SBF was arrested on Monday following the "receipt...

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

13.12.2022
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world...

Judge orders CFTC to serve Ooki DAO founders with lawsuit

13.12.2022
The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”

Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The Bahamas

13.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges...

NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report

12.12.2022
During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto market turned bearish

US DOJ split over charging Binance in the 2018 AML investigation: Report

12.12.2022
Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nations barring the U.S

Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

12.12.2022
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer...