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Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’

11.12.2022
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of...

SBF tried to destabilize crypto market to save FTX: Report

10.12.2022
Trades made by Alameda Research were focusing on depeg Tether's stablecoin

Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX

10.12.2022
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX....

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...

Amber Group ditches expansion plans after denying insolvency: Report

9.12.2022
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January

Brussels Wants All Crypto Service Providers to Report Transactions of Europeans

9.12.2022
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU...

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

9.12.2022
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report

Approach with caution: US banking regulator’s crypto warning

9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management

Report: Diablo IV Devs Say June Release Date Will Lead To More Crunch

8.12.2022
Loot action-RPG Diablo IV received glowing previews this week and is expected to appear at the 2022 edition of The Game Awards Thursday night. But some of the game’s developers tell the The Washington Post that production might not wrap in time for a planned June 2023 release date unless they...

Countries and institutions move into crypto despite market drop: Report

8.12.2022
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000

BlockFi employees were discouraged from describing risks in internal communications: Report

8.12.2022
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda

Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report

8.12.2022
Edvard Sabirov's arrest leaves just one of the four known leaders of Finiko at large

New Report: November Month Alone Saw Record-Breaking $4.88 Billion Worth of Crypto Lost or Stolen – Here’s What Happened

8.12.2022
As much as $4.88bn worth of crypto were either lost or stolen in November, with one incident alone accounting for a whopping $2.8bn, a new report from DappRadar has revealed. According to the report, the single largest case to impact crypto users in November was the halting of withdrawals from...