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Nomad Bridge Prepares Relaunch Plan After $190 Million Exploit – Partial Refunds for Users?
9.12.2022
Cross-chain messaging protocol Nomad which was exploited for $190 million back in August is preparing to relaunch and provide partial refunds to affected users.
According to a December 7 blog post from the Nomad protocol team, the project has upgraded the Nomad protocol to fix the vulnerability...
FTX Revival Proposal Supported by Sam Bankman-Fried Lifts FTT Token
9.12.2022
Sam Bankman-Fried came out in support of crypto influencer Ran Neuner's FTX revival idea, sending the exchange's battered FTT tokens higher
Inside South Korea’s wild plan to dominate the metaverse
8.12.2022
Court sets new deadline for Celsius restructuring plan
6.12.2022
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14
Stablecoin Issuer Circle Cancels Plan to Go Public
5.12.2022
The firm had announced plans to go public in July of 2021
Porsche’s Web3 plan revealed: 7,500-piece NFT via 911 collection
5.12.2022
In recent times, the undoubted giant in the field of automobiles, Porsche, took time off to formally declare the deliverance of a unique and sophisticated NFT collection comprising 7,500 pieces. All of these, incidentally, happen to be based on their classic Porsche 911 model. This entire...
FTX Japan drafts plan to return client funds
2.12.2022
The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds
Compass Mining Launches Bitcoin Miner Protection Plan
1.12.2022
The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma
Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda
30.11.2022
According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree...
EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan
30.11.2022
A draft bill seen by CoinDesk also covers stablecoins, crypto derivatives and companies outside the bloc
SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years
30.11.2022
The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the fiscal years 2022-2026. The initiatives are intended to address the SEC’s top priorities over the next four years. SEC’s Strategic Plan for FY 2022-26...
FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says
28.11.2022
Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation
Vitalik on Suspect Centralization, FTX’s ‘Absolute Fraud,’ Coinbase Confirms Bitcoin Holdings — Week in Review
27.11.2022
As the smoke starts to clear around the massive crater left by the FTX disaster, Ethereum co-founder Vitalik Buterin has shared his thoughts on the ether community’s view of centralization. In related news, CME Group CEO Terry Duffy recalls in March when he called former FTX boss...
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation
27.11.2022
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
27.11.2022
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA:...
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’
19.11.2022
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply concerning for all parties,” the plan states. Major...
Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund
17.11.2022
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital...
Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure
15.11.2022
The deal fell apart just about two months after it was announced
Japanese Regulator Slaps FTX Japan With Business Suspension Order
12.11.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes...
FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg
11.11.2022
Company previously submitted plan for approval that would allow customers to assess and respond to derivatives risks in real time