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FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
22.12.2022
Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday
Bitcoin Is Leading Indicator for S&P 500, Past Data Show
22.12.2022
The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows
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...
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
22.12.2022
Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office
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
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....
SEC Calls FTT Exchange Token a Security
22.12.2022
Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract
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...
Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to 'Fraud' Charges
22.12.2022
U.S. Attorney Damian Williams announced Wednesday that Caroline Ellison and Gary Wang pleaded guilty to charges tied to FTX's collapse
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...
First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.
22.12.2022
Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance
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...
Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says
21.12.2022
Bahamas Attorney General Ryan Pinder announced that Sam Bankman-Fried was being extradited to the U.S. "tonight" in a Wednesday statement
How Regenerative Finance Is Bringing Sustainability to Crypto
21.12.2022
As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value
Inside Core Scientific’s Prearranged Bankruptcy
21.12.2022
The world’s biggest publicly traded crypto miner filed for Chapter 11 protection today
Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold
21.12.2022
Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
21.12.2022
Crypto ally U.S. Sen. Pat Toomey (R-Pa.) used one of his final days in office to send a last legislative message on regulating stablecoins
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...
10 crypto tweets that made a splash in 2022
21.12.2022
From Vitalik Buterin to Elon Musk, these tweets from 2022 provide a look back at some of the year’s action
One Of The Best Game Pass Games Is Leaving Later This Month
21.12.2022
It seems over half a dozen Xbox games, including the beloved open-world mystery game Outer Wilds, will be leaving Game Pass later this month. So if you are a Game Pass subscriber and you’ve not played Outer Wilds, Iron Harvest, or Secret Neighbor yet, well, you don’t have much time left to do...