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Bahamas reportedly asked SBF to mint new coin after FTX collapse
13.12.2022
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas
Binance Coin Price Prediction as Investors Fear Binance Exchange is Next to Collapse – Here’s Where BNB is Headed Next
13.12.2022
BNB, otherwise known as Binance Coin, the Binance cryptocurrency exchange’s utility token and the native token to the Binance Smart Chain, was last trading with losses of around 3.0% on Tuesday and was down closer to 6.0% over the last 24 hours, according to CoinMarketCap. BNB/USD was last changing...
Panther Completes the Decentralized Launch of Its Protocol’s v0․5, a DAO-Led Effort
13.12.2022
PRESS RELEASE. Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
JForex users to enjoy liquid stock CFDs from Mexico
13.12.2022
A forex service provider Dukascopy has expanded the CFDs list by adding 28 liquid stock CFDs from Mexico, the Volatility Index, and the South Africa Index. The new features would now be accessible on LIVE and DEMO for the users of JForex at Dukascopy Europe and Dukascopy Bank. The tally of...
SEC charges FTX CEO SBF for defrauding investors a day after his arrest
13.12.2022
SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers' funds
SBF planned to blame everyone but himself, shows leaked Congress testimony
13.12.2022
SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part
New FTX CEO Says ‘Unacceptable Practices’ by ‘Inexperienced and Unsophisticated Individuals’ Led to FTX Collapse – Here’s What Happened
13.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has claimed that Sam Bankman-Fried's crypto empire had virtually no corporate controls and a surprising lack of financial and other record-keeping.
In prepared remarks released Monday ahead of his testimony, Ray, a bankruptcy expert...
Group Arrested in China for Laundering $1.7 Billion in Cryptocurrency – This is What Happened
13.12.2022
Police in China arrested 63 people accused of laundering ¥12 billion ($1.72 billion) via crypto.
The Public Security Bureau of Inner Mongolia’s Tongliao city in northern China stated that, starting from May 2021, this criminal group converted the proceeds from illicit sources - including pyramid...
SEC looks to intercept Grayscale Bitcoin ETF review bid
13.12.2022
The SEC is looking to block an appeal from Grayscale Investments after denying its proposed Bitcoin exchange traded fund
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain
13.12.2022
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully...
Alibaba’s Alipay & Taobao Platform to Launch Digital Yuan Pay Functions
13.12.2022
An affiliate of the Chinese tech giant Alibaba has claimed that it will allow customers to pay with the digital yuan on its Taobao e-commerce platform, in addition to the market-leading Alipay e-payments platform.
Per Sina Technology, the announcement was made by Li Chen, Chief Compliance Officer...
Binance exchange daily BTC withdrawals top $500M as CZ says 'FUD helps us grow'
13.12.2022
Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity
SWEAR London enters the Life Beyond Metaverse with Darewise
13.12.2022
SWEAR London, the renowned 90s footwear brand, recently announced a strategic partnership with Darewise. The Animoca Brands’ subsidiary will assist SWEAR London in launching its first-ever NFT collection. Skinvaders, the rising tech platform, arranged the entire collaboration on both fronts....
US Government files charges against Sam Bankman-Fried
13.12.2022
The United States Government has finally filed formal charges against the ex-chief of the now-defunct and discredited FTX. Since the very time FTX filed for bankruptcy, it has been under the scanner of the US authorities. These were the innocent persons who seemingly had burnt their fingers due...
What is VeChain (VET) and how does it work?
13.12.2022
VeChain is a smart contract-compatible blockchain designed to enhance the supply chain and accelerate the mass adoption of blockchain technology
FTC opposes Microsoft's metaverse-focused Activision Blizzard purchase
13.12.2022
Microsoft CEO and chairman Satya Nadella had previously stated that the acquisition of Activision Blizzard would “play a key role in the development of metaverse platforms.”
Breaking: Sam Bankman-Fried Arrested in The Bahamas Following Formal Notification by United States
13.12.2022
Sam Bankman-Fried, the disgraced founder of the now-bankrupt crypto exchange FTX, has been arrested in the Bahamas after US prosecutors formally filed criminal charges against him.
According to a statement from the government of the Bahamas, SBF was arrested on Monday following the "receipt...
Lodestar Finance loses $6.9 million to an attacker’s manipulation on GLPOrcale
13.12.2022
Lodestar Finance, one of the best Money Markets in the industry at the moment, has lost nearly $6.9 million funds to an oracle exploit. The hacker has drained all the deposits, forcing the platform to set its interest rate to zero. Negotiations are underway by the platform. Until then, the zero...
What is a golden cross pattern and how does it work?
13.12.2022
A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market