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2 executives of crypto exchange AAX arrested in Hong Kong: Report

23.12.2022
The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23

Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

23.12.2022
According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter...

OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication

23.12.2022
Users can now view and download the old and new reserve ratios and assess the exchange's health and the safety of their assets

Be ‘very wary’ of crypto proof-of-reserve audits: SEC official

23.12.2022
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit

FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

22.12.2022
After evaluating several law firms, FTX's unsecured creditors' committee has chosen a legal adviser

SBF received special treatment inside Bahamian jail: Report

22.12.2022
Sam Bankman-Fried was held in the sick bay where he reportedly had access to running water, a toilet, a TV, and vegan food

North Korean hacking activity ceases after regulators implement KYC - Report

22.12.2022
Intelligence officials that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea

New Report Shows DeFi Outperforming Traditional Finance in Market Conditions

22.12.2022
Decentralized finance (DeFi) still demonstrates greater potential than the traditional financial industry, despite recent setbacks, a new report has found. The report, prepared by the crypto-focused investment firm Hashkey Capital, said the scalability of DeFi solutions already surpass that...

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

22.12.2022
Decisions to recommend bitcoin should depend on an advisor's crypto competency and a client’s personal/financial circumstances, the CFP Board’s notice says

Defi More Scalable Than Traditional Finance, New Study Says

22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...

Atari’s Shambling, Zombie Corpse Is Once Again In Trouble

21.12.2022
Is it that time already? Atari, whatever that name actually means, is once again announcing it’s having a financial wobble. You could set your watch by how regularly this occurs. Who could have thought that launching a console no one wanted, while investing in crypto grifts, wasn’t the path...

Digital euro settlement, distribution options detailed in latest progress report

21.12.2022
The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made

Sam Bankman-Fried is one step closer to US extradition: Report

21.12.2022
Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process

Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report

21.12.2022
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also...

Current infrastructure can't support the Metaverse, says Huawei report

21.12.2022
Huawei’s Middle East region's chief strategist outlined that networks have issues with throughput, rendering and download speeds that need solving

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

21.12.2022
A source told CNBC that bankruptcy proceedings would not impact operations

Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto

20.12.2022
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central...