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Digital Currency Group aporta US$140M a la empresa de trading Genesis
11.11.2022
Genesis informó que su negocio de derivados actualmente tiene alrededor de US$175 millones en fondos bloqueados en su cuenta de trading de FTX
Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down
11.11.2022
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and...
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
11.11.2022
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published a consumer alert and said the state regulator...
Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator
11.11.2022
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisional liquidation to preserve assets and stabilize the company.” Bahamas Securities...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
11.11.2022
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market....
Zimbabwean Central Bank Launches CBDC Consumer Survey
11.11.2022
The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the information obtained via this process will...
Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions
11.11.2022
Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange...
US senators commit to advancing crypto bill despite FTX collapse
11.11.2022
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.”
FTX Assets Frozen by Bahamian Regulator
10.11.2022
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
10.11.2022
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets
Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to Buy $1BN Worth of USDT
10.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to...
Cathie Wood’s Ark Invest Buys $21 Million Worth of Coinbase Shares – What Do They Know?
10.11.2022
Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has bought a dip.
According to Barron’s, Ark’s exchange-traded funds (ETFs) bought nearly 421,000 – or 420,949, to be precise – of major crypto exchange Coinbase’s shares, to expand its position in...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
10.11.2022
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
10.11.2022
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features....
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
9.11.2022
The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity
Cross-ecosystem Platform Evmos Partners With Anchorage Digital to Offer Custody and Staking
9.11.2022
The announcement comes following the company’s $27 million token sale
Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
9.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
Some central banks have dropped out of the digital currency race
9.11.2022
There are at least four countries that have either scrapped or halted CBDC plans so far, and each central bank has its own reasoning for not launching one
Crypto Finance Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX
9.11.2022
The firms also reported net loss of $68.1 million for the third quarter