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Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked
15.12.2022
According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the exchange insisted that “no Gemini account...
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
14.12.2022
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
14.12.2022
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today...
Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports
14.12.2022
Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while...
Binance net withdrawals topped $3.6B over the last 7 days: Report
13.12.2022
The sudden uptick in outflows may have been caused by market makers leaving the exchange
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...
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...
CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud
13.12.2022
The filing says Bankman-Fried misrepresented the health of his companies, impacting the price of bitcoin and ether
Coinbase Report Reveals Significant Surge in Global Law Enforcement Inquiries – Here’s Why
13.12.2022
The US-based crypto exchange Coinbase has seen a 66% increase in requests from law enforcement this year compared to last year, a new report has revealed.
According to the report, published by Coinbase on Monday, the rise this year pushed the total number of requests received this year...
Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation
13.12.2022
Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases
Report: Chinese Company Launches Digital Currency Insurance Product
13.12.2022
The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency wallets created in the Chinese...
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...
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
13.12.2022
Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen
Report: Microsoft Offered Sony Call Of Duty On PlayStation Plus
13.12.2022
As Microsoft’s attempts to buy beleaguered publisher Activision Blizzard start to hit some serious roadblocks, the software giant is being forced to make some concessions in an attempt to seal the deal.Read more
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...
$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: report
12.12.2022
To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity
Coinbase report shows dramatic increase in law enforcement enquiries worldwide
12.12.2022
The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three European countries made 80% of all requests
Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief
12.12.2022
After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The news follows leaked documentation of Ellison’s...