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Nalezeno "Finance news": 2684

CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein

28.3.2023
The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said

Disney Lays Off Metaverse Team: WSJ

28.3.2023
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction

Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’

27.3.2023
If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said

Twitter Suspends Official Arbitrum Account

27.3.2023
Twitter’s reasoning remained unclear at press time

Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows

27.3.2023
Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD in the past four hours

Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan

27.3.2023
The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”

CFTC Sues Binance, CZ Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products

27.3.2023
Crypto exchange Binance and its CEO Changpeng 'CZ' Zhao has been sued by the Commodity and Futures Trade Commission (CFTC)

Wassies NFT Prices Surge as Crypto Twitter Lore-Themed Hotel Opens in Singapore

27.3.2023
A room at the Wassie-themed hotel goes for $129 a night as of Monday

Franklin Templeton Sees Web3 Driving Next Wave of Tech Innovations

27.3.2023
In a new report, the asset management giant outlines tech-driven megatrends that are shaping society, including decentralization

MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin

27.3.2023
The company in March 2022 had borrowed $205 million from Silvergate Bank

FTX Bankruptcy Estate Consolidates Arbitrum Airdrop Tokens Into Single Wallet

27.3.2023
A wallet controlled by the FTX bankruptcy estate has received tranches of the Arbitrum airdrop from several wallets linked to Alameda Research, on-chain data shows

First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC

27.3.2023
Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27

First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg

27.3.2023
Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT

NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles

24.3.2023
The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market

Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets

24.3.2023
Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

24.3.2023
BlockFi filed for bankruptcy in the wake of FTX's collapse

A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

24.3.2023
Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon?