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Proof-of-reserves: Can reserve audits avoid another FTX-like moment?

19.11.2022
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust

Crypto Exchange FTX Fires 3 Top Executives, Report Reveals

19.11.2022
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management...

Moving From Crypto Winter To Winter Spring: Lessons from Bear Market and When the Winter Will End

19.11.2022
Lex Sokolin is Head Economist at major blockchain company ConsenSys.__________... Read More: Moving From Crypto Winter To Winter Spring: Lessons from Bear Market and When the Winter Will End

Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

19.11.2022
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services....

One Hundred Years of FTX Mess, All Very Loud at the Crypto Front and 20 Crypto Jokes

19.11.2022
Read More: One Hundred Years of FTX Mess, All Very Loud at the Crypto Front and 20 Crypto Jokes

Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed

19.11.2022
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in interest-bearing digital assets using cheap funds borrowed from...

Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup

19.11.2022
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price price boom as the World Cup gets underway

Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

19.11.2022
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the coin trading platform collapsed. Albanian Judiciary...

Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’

19.11.2022
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply concerning for all parties,” the plan states. Major...

FTX leadership pressed for information by US subcommittee chairman

19.11.2022
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials

Grayscale cites security concerns for withholding on-chain proof of reserves

19.11.2022
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses

Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors

19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

19.11.2022
A prominent Asia-based crypto investment firm, Sino holds many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire. FTX was also a key partner on a big fund Sino raised with outside investors' capital

Big Four Company KPMG to Examine New Business Models in the Metaverse

19.11.2022
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models...

The fall of FTX and Sam Bankman-Fried might be good for crypto

18.11.2022
Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values

Newly Revealed 1,000th Pokémon Looks Like An Apple Jacks Mascot Turned Crypto Bro

18.11.2022
The mad lads at GameFreak have done it again. Pokémon Scarlet and Violet push the series overall Pokédex into four figures, and the special 1,000th Pokémon turns out to be a gold coin surfing freak with a fanny pack called Gholdengo. Is it going to sell me crypto? Is it made of crypto?? I can’t...

Bitcoin Price Prediction as Crypto Prices Bounce From the Bottom – $20,000 Soon?

18.11.2022
Bitcoin remained in a narrow trading range of $16,000 to $17,250 on Friday as the ongoing FUD continues to keep price action limited. The Securities Commission of the Bahamas (SCB) was watching FTX earlier this week. The Financial Crimes Investigation Branch and the regulator worked together...