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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage
20.2.2023
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days
Crypto Custodian Aegis to Add Coverage of Lido's Staked Token Derivatives
27.1.2023
Aegis’ end-to-end custody now includes liquid staking services through Lido for its institutional users wary of regulation
Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating
9.1.2023
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said
Chinese Platforms to Test Metaverse Tech During Qatar World Cup 2022 Broadcasts
21.11.2022
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech, will allow the users to enjoy a metaverse-like view of the event, and will also give Chinese...
Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more
19.11.2022
The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.”
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
Instant Articles, Proprietary Syndication, and a Web Built on User Fidelity Preferences
20.10.2022
I love it when there’s a sense of synergy in the blogosphere. First, I caught Nick Heer’s coverage of Meta ending support for Instant Articles, its proprietary format for stripped-down performant news articles. He also compares it to the similar …
Instant Articles, Proprietary...
China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level
21.9.2022
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the People’s Bank has been stepping up digitalization efforts this...
Helium devs propose ditching its own blockchain for Solana
1.9.2022
The transition to Solana would improve network scalability, which in turn would bring “significant economies of scale” to the network, according to Helium core devs
Turkish Delight or Slight: Decoding Eurasia’s Largest Blockchain Event
23.8.2022
Blockchain Economy Istanbul, held July 27-28 and billed as Eurasia’s largest blockchain conference saw close to 3,000 people attending to listen to 50 speakers but did the pre-event hype match the on-ground atmosphere?
HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims
26.7.2022
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller
Bloomberg Terminal supersizes its crypto coverage: 40 more coins
10.6.2022
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market
On-Chain Wallet Profiler Nansen Adds Solana Coverage
14.4.2022
“There has been huge demand to launch a Solana dashboard,” said Nansen CEO Alex Svanevik
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
21.3.2022
Microsoft Looks To Hybrid Work, Gaming To Boost Its Metaverse Coverage
26.1.2022
Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also seems determined to use its forthcoming acquisition of game developer...
Revolut Launches Banking Services in Spain Featuring Deposit Insurance
14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...
Paid Millions to Hide Trillions: Meet Crime Enablers In Traditional Finance
10.10.2021
llicit wealth. The people who don’t get mentioned as much in the media coverage of the Pandora Papers, however, are the enablers devoted to helping the richest people in the world get richer and to pass on their wealth while avoiding or evading taxes. These enablers help criminals and kleptoc
Crypto.com to Increase Its Insurance Coverage
21.9.2021
Crypto.com finally announced the expansion of the total coverage of insurance to $750m after increasing the insurance policy coverage under Arch Underwriting at Lloyd’s Syndicate of 2012. The renewed insurance policy of Crypto.com will make the platform the biggest and most popular insurance policy...
INS3 Brings Decentralized Coverage to Polygon with 2,700 $ITF Per Day in Rewards
1.9.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Press Release: INS3 Insurance, the provider of decentralized coverages on the Binance Smart Chain, HECO Chain, Conflux and OKExChain, is now bringing its unique coverage options and staking rewards to Polygon!...