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Bitcoin․com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem dApps
25.11.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has joined the Chainlink BUILD program to help accelerate the adoption of VERSE ecosystem dApps and receive increased technical support...
Turkish Authorities Order Seizure of 'Suspicious' FTX Assets
25.11.2022
The country's Financial Crimes Investigation Board MASAK says the founder of the collapsed crypto exchange Sam Bankman-Fried is also under investigation
International Monetary Fund Calls For Increased Regulation of African Crypto Markets, Says ‘Risks From Crypto Assets are Evident’
25.11.2022
The International Monetary Fund (IMF) has called on African countries to opt for more crypto regulations citing the recent collapse of cryptocurrency exchange FTX.
In a November 22 blog, the financial agency, which works to achieve sustainable growth and prosperity for all of its 190 member...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts
25.11.2022
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...
Belgium says BTC, ETH and other decentralized coins are not securities
25.11.2022
Belgium's take on what conditions must be met in order for a crypto asset to be classed as a security are in contrast to the views of U.S. Securities Exchange Commission Chairman Gary Gensler
Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets
25.11.2022
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial...
Hackers Steal $42 Million Worth of Crypto Assets from Fenbushi Capital Founder Bo Shen – This is What Happened
24.11.2022
Hackers have stolen as much as $42m worth of crypto from a wallet controlled by the prominent blockchain venture capitalist Bo Shen, founder of Fenbushi Capital.
The news of the theft was shared by Bo Shen himself on Twitter on Wednesday, with Shen saying the theft happened from his personal...
Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust
24.11.2022
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring...
Russia Prepares to Create Government-Controlled Crypto Exchange
24.11.2022
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of...
New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets
24.11.2022
New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts.
In a November 22 letter penned to members of Congress, James claimed that US lawmakers need to protect workers’ retirement funds from high-risk crypto...
IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
24.11.2022
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country...
Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
24.11.2022
The Binance fund will be open to contributions from other industry players
Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator
24.11.2022
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to "secure" FTX's digital assets
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
Billionaire Tron Founder Justin Sun Looking to Purchase FTX Assets
23.11.2022
Justin Sun, the Founder of Tron (TRX), is reportedly open to deals for the assets of the now-defunct crypto exchange FTX.
Sun said that his associates were evaluating potential purchases of assets from the fallen, Bahamas-based exchange, according to the Wall Street Journal.
The adviser at...
Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets
23.11.2022
Foundry will buy two mining facilities and has an option to acquire another site that is under development
'Substantial amount' of FTX's assets stolen or missing — bankruptcy counsel
22.11.2022
“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley
Billionaire Bill Ackman: Crypto Enables Creation of Useful Businesses and ‘Is Here to Stay’
22.11.2022
According to Bill Ackman, billionaire and CEO of Pershing Square Capital Management, while crypto tokens are used by unethical promoters to perpetuate fraud, they “can enable the formation of useful businesses.” A previous critic of digital assets, Ackman insists that “crypto...
FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets
22.11.2022
The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S
FTX crisis leads to record inflows into short-investment products
22.11.2022
The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares