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Alameda's Caroline Ellison and FTX's Gary Wang hit with additional fraud charges

22.12.2022
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies

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...

Bitcoin Price and Ethereum Prediction; Paxful Delists Ethereum

22.12.2022
During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from...

British Columbia to halt new power connections for crypto miners

22.12.2022
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations

US senator Toomey introduces stablecoin bill as congressional session wraps up

22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session

Basic Attention Token & SushiSwap lows buying opportunity, Orbeon Protocol price keeps investors smiling

22.12.2022
With a few days remaining to end 2022, the neverending crypto tsunami doesn’t seem to slow down. The market downturn has caused Orbeon Protocol (ORBN) to outperform older tokens like Basic Attention Token (BAT) and SushiSwap (SUSHI), which is good news for most investors or traders looking...

US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets

22.12.2022
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.” U.S....

California regulators order MyConstant to cease crypto-lending services

22.12.2022
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state

FTX’s Gary Wang and Alameda’s Caroline Ellison Plead Guilty to Fraud, Duo Is ‘Cooperating’ With Feds

22.12.2022
On Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. Williams declared that both Ellison and Wang have been cooperating with...

Breaking: Caroline Ellison and Gary Wang plead guilty to fraud charges

22.12.2022
Both former executives of FTX and Alameda Research have been charged for their role in the frauds that led to FTX's collapse

Crypto could spark the next financial crisis, says India’s RBI head

22.12.2022
Reserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could cause the next financial meltdown

Guggenheim CIO Scott Minerd Warns of a Crypto ‘Washout’ Similar to the Internet Bubble

22.12.2022
Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto...

Twitter quietly adds BTC and ETH price indexes to search function

22.12.2022
Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too

Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland

22.12.2022
Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means the company can “provide products...

2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse

21.12.2022
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed...