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Crypto community baffled by SBF dictating terms over congressional hearing
5.12.2022
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest
Audit firm Mazars to verify KuCoin's Proof-of-Reserves
5.12.2022
Mazars, the former accounting firm for Donald Trump's companies, was hired recently to audit Binance's PoR
$15 Billion Palantir Firm Co-Founder Says ‘Most’ Crypto Companies Will Crash – Here’s Why
5.12.2022
Palantir co-founder Joe Lonsdale has warned that the crypto meltdown could worsen in the future, saying that "most" crypto companies will go to zero.
In an interview with Fox News, Lonsdale said more crypto companies are going to crash as many crypto tokens were Ponzi schemes. However,...
GEC incorporates Chainlink Data to support Meta Oracles with IoT
5.12.2022
Geometric Energy Corporation (GEC) has been able to successfully incorporate the weather-based data and pricing of cryptocurrency of Chainlink Data Feeds, with the aim and intention of being able to stand by the features of Metaoracles, with that of the sensor data networks of Internet of Things...
Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
5.12.2022
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Pakistan launches new laws to expedite CBDC launch by 2025
5.12.2022
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years
'Imminent' crash for stocks? 5 things to know in Bitcoin this week
5.12.2022
Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....
Ripple files final submission against SEC as landmark case nears end
5.12.2022
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
Bitcoin Price and Ethereum Back above $17,000 and $1,300 - Time to Buy?
5.12.2022
On December 5, Bitcoin, the leading cryptocurrency, finally broke above the major resistance level of $17,000, and it is now heading north to $17,600. Similarly, Ethereum, the second-most valuable cryptocurrency, has broken through the $1,300 barrier and is on its way to $1,350....
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Swyftx cuts 40% of staff as it braces against 'worst-case scenario'
5.12.2022
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout
Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How
5.12.2022
There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...
Novogratz’s Galaxy Digital to acquire Celsius' GK8 in bankruptcy garage sale
5.12.2022
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals
‘I Wanted to Punch Kanye’ — Free Speech Waffler Elon Musk’s Nonsensical Take on Bitcoin, CBDCs, and Censorship
5.12.2022
“Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the world during a Twitter Spaces appearance on Sunday, Dec. 4 (JST). It does sound nice to say, but the voice of the mob should never be the voice of “God.” The reasons...
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more
5.12.2022
With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation
Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around
5.12.2022
The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain technology. Blackrock’s CEO on FTX’s Collapse and Future of Crypto...
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim
5.12.2022
An unverified photo purportedly shows Caroline Ellison making an order at a New York cafe, leading to questions as to why she is back on US soil
Despite endless media appearances, SBF unlikely to testify on 13th
5.12.2022
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress