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Nalezeno "2022": 15691

Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts

11.11.2022
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards...

First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K

11.11.2022
Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda

FTX's 'Effective Altruism' Future Fund Team Resigns

11.11.2022
In an open letter, the team says they are unable to perform their work or process grants and has "fundamental questions" about the legitimacy and integrity of business operations

US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’

11.11.2022
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many...

Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause

11.11.2022
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which...

TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron

11.11.2022
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped...

Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

11.11.2022
Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse

FTX Collapse Sparks Alarm From US Lawmakers

11.11.2022
A number of lawmakers have called for investigations or clearer regulation in the wake of FTX's sudden collapse

California Financial Regulator Announces FTX Investigation

11.11.2022
California's Department of Financial Protection and Innovation announced it was investigating FTX in a press release late Thursday

JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K

11.11.2022
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall...

Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049

11.11.2022
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with...

It's 2022, Why Not Read A Video Game Magazine

11.11.2022
In 2016, the first issue of a magazine called A Profound Waste of Time was released. Marrying heartfelt essays on video games with beautiful art, it was great, and did well enough that five years later a second edition was put together that was just as good. Now it’s time for issue #3.Read more

SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds

11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...

FTX Assets Frozen by Bahamian Regulator

10.11.2022
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”

Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

10.11.2022
Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions

10.11.2022
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity

Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’

10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...