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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
16.11.2022
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is scheduled to take place in December, according...
What Will It Look Like When Taxation and Privacy Collide?
16.11.2022
Taxes and Music NFTs: A Match Made in Hell?
16.11.2022
U.S. Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers
16.11.2022
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
16.11.2022
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from institutional investors – possibly at an even lower entry price than previously contemplated
These Crypto Market Makers Were Wary of FTX Before Collapse
16.11.2022
B2C2 and Kairon Labs had concerns about the exchange and its sister firm Alameda Research before liquidity concerns hit headlines
Esports Giant TSM Suspends $210M Partnership with FTX
16.11.2022
It’s the latest sponsorship deal to fall through since the troubled crypto exchange’s surprise bankruptcy filing last week
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
16.11.2022
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators. Terraform Labs Co-Founder’s Company Chai Reportedly...
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
16.11.2022
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
16.11.2022
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX
Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations
16.11.2022
Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”
The FTX Collapse Looks an Awful Lot Like Enron
16.11.2022
Because they were actually related entities, Alameda and FTX were able to falsely pump asset values and harvest leverage. Jeffrey Skilling would approve
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
16.11.2022
Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX. The lawsuit was filed by the attorneys Adam...
Hottest Presale of 2022: Eco Friendly Crypto Firm IMPT is Raising Funds in Presale - Microsoft and Lego Join as Affiliate Partners
16.11.2022
The recent volatility in the markets has been difficult for traders and investors who aren’t focused on the longer term.
In particular, the prices of FTT and SOL have taken the largest battering, as the insolvency of SBF’s empire causes chaos in the wider markets....
Read More: Hottest Presale...
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis
16.11.2022
MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer
Biggest Movers: BCH Climbs to 1-Week High, DOT Declines
16.11.2022
Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided...
Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
16.11.2022
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX
The End of the 'Centralization Era' in Crypto
16.11.2022
The thorns of centralization may be well-due for a snip
StarkWare Deploys StarkNet Crypto Token on Ethereum Blockchain
16.11.2022
The tokens are not yet available for sale